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Tag: property

Posted on 18/08/2023

China Evergrande, the world’s most heavily indebted property developer, just filed for Chapter 15 bankruptcy protection

Evergrande's filing came amid fears of widening economic woes in China as the country's real-estate crisis spreads.

Posted on 18/08/2023

Country Garden: How bad is China’s property crisis?

The debt crisis at Country Garden , China's largest property developer before this year and once considered a financially sound company, has triggered fresh contagion fears just two years after China ...

Posted on 17/08/2023

Explainer-Country Garden: How bad is China’s property crisis?

The debt crisis at Country Garden, China's largest property developer before this year and once considered a financially sound company, has triggered fresh contagion fears just two years after China ...

Posted on 17/08/2023

Hong Kong rental market boosted by Chinese taking up top talent pass visas

AN INFLUX of mainland Chinese taking advantage of a new visa programme to work in Hong Kong is helping buoy rents in the city to the highest level in almost two years, reversing a downward trend that ...

Posted on 17/08/2023

Hong Kong’s Villa Garda III developers rush to the market with sales launch, hot on the heels of CK Asset’s sold-out project

Sino Land, K Wah International and China Merchants Land, the developers behind Villa Garda III housing project in Hong Kong have hastened their sales campaign releasing the first price list at ...

Posted on 15/08/2023

Deal of the Month: HKMC’s infrastructure CLO

The deal marks the HKMC’s first infrastructure financing securitisation. It could act as a catalyst for development of this nascent asset class in Asia, as the region strives to bridge a $1.7 trillion ...

Posted on 15/08/2023

CK Asset strikes while the iron is hot, announces prices for new Coast Line phase flats after blockbuster sales over weekend

Hong Kong property developer CK Asset Holdings has released the price list for the first 50 units at its Coast Line I project just two days after homebuyers snapped up all 626 apartments in Coast Line ...

Posted on 14/08/2023

Hong Kong stocks slide over 2% as property sector sees selloff; Asia markets fall

Asia-Pacific markets largely fell on Monday, led by Hong Kong’s Hang Seng index. The index tumbled more than 2%, dragged by basic materials and consumer cyclical stocks. However, the real estate ...

Posted on 14/08/2023

‘Superman’ Tests Hong Kong’s Stressed Property Market

What’s the true value of an apartment or office space in Hong Kong? No one really knows. Property sales, especially in the pre-owned segment, have slowed to a trickle.

Posted on 13/08/2023

CK Asset’s history of using discounts to hone its edge, clear inventory to survive Hong Kong’s property market slumps

Tens of thousands of people queued for hours on Saturday to get their hands on something unseen for seven years in Hong Kong: new flats on offer by one of the city's most renown developers at prices ...

Posted on 12/08/2023

Chinese property giant Country Garden warns of $7.6 billion loss as it nears default

One of China’s biggest property developers says it has burned through up to $7.6 billion in the first half of the year, compounding the crisis coursing through the country’s embattled real estate ...

Posted on 11/08/2023

Chinese property giant Country Garden flags loss of up to $7.6 billion as it nears default

One of China’s biggest property developers says it has burned through up to $7.6 billion in the first half of the year, compounding the crisis coursing through the country’s embattled real estate ...

Posted on 11/08/2023

Home rents in Hong Kong climb to 18-month high as students and professionals return while interest rates deter buyers

Rents increased 1.15 per cent in July, according to Centaline's Centa-City Rental Index, which tracks 138 housing estates across the city The index could climb by another 1.74 per cent in the third ...

Posted on 10/08/2023

‘No price war’: Hong Kong developers brush aside fears of a property crash even as CK Asset offers new Kowloon flats at 15 per cent discount

CK Asset Holding’s aggressive pricing of homes at a development in Kowloon – where prices lower than Hong Kong has seen in seven years have drawn a throng of potential buyers – is not the first shot ...

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