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Cheryl Arcibal
Senior Reporter, Business
Before moving to Hong Kong, Cheryl covered the economy in her native Philippines.
The deal could ‘provide a viable reference model for other embattled Chinese property developers’.
Deposit defaults on new homes shot up by 75 per cent to 449 last year, and property agents see the trend continuing into 2025.
A promising year awaits hoteliers as tourism rebounds and owners looking to sell their assets for better prices, industry experts say.
Additional education fees, a new tax scheme and slowing growth in rental rates could turn Hongkongers away from UK property.
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High interest rates and uncertainties in the global economy are cited as reasons why distressed deals will rise in 2025.
The prices of prime office space in the city’s main business zones declined by more than 46 per cent since October 2018.
Lived-in home prices rose slightly in November for a second straight month, while rents fell, according to official data.
Luxury property prices to rise as much as 5 per cent next year, with rents also set to increase by the same level, Ricacorp’s Derek Chan says.
European industrial real estate developer CTP expects increased demand from Chinese firms that do not want to get caught in the trade war.
China’s largest coffee chain opens first outlet in the city as it goes up against US rival Starbucks.
Bengaluru and Makati are the hottest spots as demand surged by 107 and 47 per cent, respectively, according to a study.
Stock price slumps further as debt issues threaten to spiral into a crisis of confidence.
Local beauty brand JaneClare is an example of a firm that is making money online, but still values real-world spaces.
All the flats were acquired in Kai Tak district in projects including Double Coast 1 and Twin Victoria, according to agents.
Analysts forecast up to 5 per cent price fall or rise amid oversupply, falling interest rates and improving stock market performance.
Partnership will help trade finance get to where it is needed, fuelling a segment that is crucial to job creation and economic growth, lender says.
Cutting the price of his home on The Peak, the film star joins other celebrities and tycoons selling high-end homes at a discount.
A 3 per cent tax on hotel guests on January 1 and looming troubles from the Trump presidency could undermine the city’s tourism sector.
Around 300,000 households will be in the market, exceeding expected supply, the lender estimates.
Analysts say brands with international appeal or unique selling points are driving new demand for retail space in the city.
One-off scheme increases loan-to-value ratio of mortgage loans to 80 per cent for those who bought unfinished properties from 2021 to 2023.
Some 7,689 real estate transactions worth US$8.2 billion were completed last month, according to the Land Registry.
Company insider has a solid background, but will have to prove to investors that she is the right person for the job, analysts say.
The favourable view of Japan’s hospitality sector is underpinned by the country’s improving economic prospects.
Secondary home prices increased 0.62 per cent in October.
Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million.
The auction houses’ glammed up spaces are a reflection of their desire to change the way they conduct business.
Analysts approve the developer’s ‘strategic pivot’, but caution that execution remains key to its success.
A number of market participants say there is reason to believe that more economic relief is on the way.
Trump tax cuts, tariffs will keep interest rates high, but current owners will benefit from his presidency.
