Hong Kong’s monetary authority said high interest rates may “last for some time” because America’s inflation remained stubbornly high, a situation which may weigh on the city’s mortgage borrowers, ...
Mainland Chinese companies most active group in Hong Kong’s flagging office rental market, Knight Frank report says
The appetite of mainland Chinese firms for premium space was not enough to stem a steady increase in the vacancy rate as more office premises came online and overall demand shrank.
First to Downgrade EVERGRANDE 3 Yrs Ago, UBS’s John Lam Now Turns Positive on CN Property
Bloomberg reported that John Lam, head of China and Hong Kong property research at UBS, said his view of China's property market has turned positive and expects a gradual recovery ...
Number of Hong Kong mortgage holders with negative equity soars to 20-year high, most since Sars epidemic
Hong Kong’s declining home prices dragged more mortgage borrowers into negative equity, putting them under greater financial strain as property prices show little prospect of rising amid a lethargic ...
Strained Chinese cities struggle to pay home buying subsidies
Amy Wang was counting on a 100,000 yuan ($13,800) subsidy promised by authorities in the eastern Chinese city of Weifang to fit and furnish an apartment she bought two years ago. Still waiting for the ...
Chinese property developer Kaisa’s liquidation hearing adjourned to May 27
A Hong Kong court adjourned a hearing to liquidate Kaisa Group to May 27, as the embattled Chinese property developer said it aims to iron out restructuring terms in the coming four weeks.
Chinese property shares rally on stimulus hopes
Shares of Chinese property developers rallied on Monday on speculation more stimulus measures are likely to be unveiled this week aimed at clearing inventory, boosting sales and lifting home purchase ...
Hong Kong homebuyers, enticed by big discounts, snap up all flats on offer at Great Eagle’s Onmantin project
On Saturday, 220 of the 260 flats on offer at Onmantin were already sold as of 7pm after the project received 7,500 orders from prospective buyers.
Hong Kong homebuyers, enticed by big discounts, snap up most flats on offer at Great Eagle’s Onmantin project
On Saturday, 220 of the 260 flats on offer at Onmantin were already sold as of 7pm after the project received 7,500 orders from prospective buyers.
Contractors going at ‘full speed’ to deliver 29,000 light public flats: Hong Kong housing chief
Secretary for Housing Winnie Ho says projects represent 96 per cent of government's target to complete 30,000 light public flats by 2026-27 financial year 'I am confident we can complete all 30,000 ...
Hong Kong home prices rise for first time in 11 months as removal of cooling measures boosts demand
Property sales rose to a 10-month high in March ... need to pay a Special Stamp Duty if they sell their homes within two years of purchasing it. The Hong Kong Monetary Authority followed suit with its ...
HK property on track for highest sales in at least 13 months, but prices still falling
Developers and agents, desperate for transactions, have cut many of the latest deals at deep discounts. Read more at straitstimes.com.
John Lam of UBS, who took on Evergrande, is now bullish on China property
The UBS analyst shocked markets three years ago with a rare sell rating on China Evergrande Group, 11 months before it defaulted and became the poster child for the property collapse. Now Lam is going ...
‘No need to be concerned’ about Hong Kong property market as long as city plays to strengths, JLL global CEO says
It’s overall a pretty outstanding location, and pretty outstanding locations will be successful,’ Christian Ulbrich says.