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Tag: property

Posted on 10/09/2024

China property shares plunge after removal from Stock Connect

The removals are the latest blow to China’s real estate stocks amid an ongoing property downturn. The country’s residential housing slump deepened in August despite government efforts to support the ...

Posted on 08/09/2024

Opinion | To buy or not to buy in Hong Kong’s volatile property market?

I didn’t panic when my house was worth HK$5 million and I didn’t celebrate at HK$50 million. This concrete box is my home.

Posted on 08/09/2024

Hong Kong’s student housing boom sees investors snap up assets as rents soar

Investors are converting discounted properties into student accommodation in Hong Kong, eyeing high demand and potential for growth.

Posted on 07/09/2024

Hong Kong rents set to hit record high as talent influx fuels demand

The rental index is about 3 per cent away from the peak seen in August 2019, a jump that is not entirely implausible, JLL says.

Posted on 07/09/2024

Hong Kong’s property market grappling with sinking property values

Hong Kong renowned property market, once a beacon of the city financial prowess, is experiencing a substantial downturn. Property revaluations are revealing ...

Posted on 04/09/2024

China Market Update: Growth Stocks Rebound As Banks’ Balance Sheets Face Mortgage Refinancing

Yesterday, Hong Kong and Mainland China were hit on profit-taking after Friday’s strong move, with the Hang Seng down –1.31%, Hang Seng Tech down -1.74%, and Shanghai and Shenzhen markets down -1.1% ...

Posted on 03/09/2024

Hong Kong property deals slump to 6-month low as market-boosting measures wear off

Overall real estate transactions in August fell 10 per cent month on month to 4,729 units, while value declined 20 per cent to US$4.4 billion.

Posted on 03/09/2024

Hong Kong property deals slump to 6-month low as cooling measures wear off

Overall real estate transactions in August fell 10 per cent month on month to 4,729 units, while value declined 20 per cent to US$4.4 billion.

Posted on 03/09/2024

Hong Kong developers launch price war to ‘kick-start market’ ahead of Fed rate cut

Hong Kong’s property developers kicked off a new round of price cuts to offload new-home inventories after the US Federal Reserve gave its strongest hint yet about an imminent rate cut. KT Marina, a ...

Posted on 02/09/2024

Hong Kong Property Pain Worsens for New World and Scion CEO

New World Development Co.’s shares fell as much as 14% Monday morning, as Hong Kong’s property downturn weighs on the firm owned by the billionaire Cheng family.Most Read from BloombergA Guide to ...

Posted on 01/09/2024

How Atelier Shan transformed this gloomy Hong Kong village house into a chic minimalist home

This formerly dim, dark village house on Lamma Island was the first rough draft for a minimalist, meditative retreat from the bustle of city life ...

Posted on 30/08/2024

China considers allowing refinancing on $5.4 trillion in mortgages, Bloomberg News reports

China is considering allowing homeowners to refinance as much as $5.4 trillion in mortgages to reduce their borrowing costs, Bloomberg News reported on Friday, citing people familiar with the matter.

Posted on 30/08/2024

China mulls $7.9 trillion in mortgage refinancing as economy stutters

The government plan would let homeowners switch banks for cheaper loans, as the property slump drags down consumer spending and household wealth.

Posted on 30/08/2024

Stick to commitment on stable Hong Kong land supply

With the Hong Kong property market remaining sluggish there is no need to revive the old land application mechanism.

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