Tag: property

Data on Wednesday showed China's economy expanded by 5.2% in the fourth quarter of 2023, missing Reuters poll estimates of 5.3% growth.

Investment in Hong Kong property fell by 28 per cent to HK$37 billion (US$4.73 billion) last year, its lowest level since the 2008 financial crisis, but is expected to rise to HK$50 billion in 2024, ...

Hong Kong Property Services Alliance chairman Mickey Yan raises concerns that scheme may lead to additional expenses and increase cleaners’ working hours.

Hong Kong’s decade-long property bull run, stopped in its tracks during the pandemic, plunged into negative territory after the local monetary authority raised interest rates in lockstep with the US ...

Chinese property stocks fell in Hong Kong on subdued investor sentiment, with companies reporting weaker contracted sales for December and the full year of 2023 as the property sector downturn ...

HSBC cuts mortgage interest rates ahead of big week for BoE; LSEG defiant as six held for ‘plot to disrupt trading’ - ...

It has no impact on the housing market,” Tsang said. Earlier in September 2022, the Hong Kong Monetary Authority (HKMA) relaxed its stress-test requirements for new mortgage borrowers by 100 basis ...

Buyers snapped up nearly 60 per cent of 165 units on offer at the Phoenext project in Wong Tai Sin, while shunning more expensive flats at KT Marina.

Hong Kong’s property companies face a squeeze in 2024 from rising funding costs and sluggish home sales and office rentals, making creditors and investors cautious about developers’ financial health.

The move comes hours after US and UK forces launched strikes against the rebels in Yemen, seeking to halt their repeated attacks on shipping in the Red Sea.

Hong Kong's property companies face a squeeze in 2024 from rising funding costs and sluggish home sales and office rentals, making creditors and investors cautious about developers’ financial health.

The deep freeze in what was the world’s hottest property market is prompting a significant shift in strategy by home owners in Hong Kong.Most Read from BloombergGoogle Lays Off Hundreds in Hardware, ...

Based on JLL's latest Hong Kong Residential Market Monitor Report, JLL forecasts annual private housing completion in 2026-2028 to decrease 44% compared to 2023-2025.

This would be the first time Hong Kong's government has not rolled out any residential sites in a quarterly sale, analysts said, highlighting weak demand in one of the world's most expensive property ...