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Asia housing and property

The Pavilia Forest sale in Kowloon Bay. Photo: Dickson Lee

Hong Kong residential property prices to rebound in 2025; unsold inventory looms

‘We expect Hong Kong home prices to be up 5 per cent in 2025,’ says Praveen Choudhary of Morgan Stanley.

Is this Hong Kong’s ultimate bachelor pad?

Hong Kong home sales surge to 5-month high amid easier mortgage rules

Singapore builder CDL buys US$1.3 billion site in heart of Shanghai

Builder controlled by family of billionaire Kwek Leng Beng says move represents its ‘confidence in China’s long-term growth prospects’.

People walk past a commercial compound in Xintiandi, Shanghai in September 2022. Photo: Yaling Jiang

The View | China’s property prospects aren’t all doom and gloom

Despite lagging investment, mainland Chinese and Hong Kong real estate markets still have unappreciated long-term growth opportunities.

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Mainland Chinese buyers rush into Hong Kong property, agents say

Home purchases by mainland buyers surged 69 per cent in the first nine months of the year, accounting for nearly a quarter of transactions.

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Hong Kong home foreclosures will remain on upswing in fourth quarter: Centaline

Hong Kong home foreclosures will remain elevated in fourth quarter: Centaline.

A property agent seeks business at the Wong Chuk Hang MTR station. Photo: Sam Tsang

Chinachem’s US$131 million bid wins subdued Hong Kong land tender

Developers will remain conservative in their bidding until they see stronger signs of recovery in the housing market, consultants say.

From Discovery Bay to Pok Fu Lam: a family’s stylish home transformation

A young family moved from Discovery Bay to Pok Fu Lam in Hong Kong for an easier commute – and their new home is bursting with character and curves.

Hong Kong religious group sells US$14 million in property as home market perks up

Jehovah’s Witnesses group has sold 16 units in Tseung Kwan O since July – 11 of them after banks cut interest rates in September.

The Ocean Shores development in Tseung Kwan O. Photo: Google Maps

The View | Why Seoul stands out among Asia’s top property markets

South Korea’s capital is in an enviable position as its office sector remains strong and its living sector holds considerable promise.

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High-rise buildings in Seoul. The South Korean capital has emerged as a darling for investors. Photo: TNS

Letters | No room for a housing policy that encourages youth to lie flat

Readers discuss the need to tackle Hong Kong’s housing crisis, solutions to the city’s construction financing gap, the importance of language flexibility in tertiary education, and the health impact of alcohol use.

China’s economic stimulus is a boon for APAC private capital market: Preqin

China’s contribution to the region’s market for private capital has tumbled, but measures from Beijing could spark a turnaround.

Mainland Chinese homebuyers drive property sales in Hong Kong

Buyers from the mainland accounted for 7,575 primary and secondary property transactions in the first eight months of the year.

Construction sites in Kai Tak. Photo: Dickson Lee

Singapore luxury mansion on sale for record US$236 million

The Nassim Road property owned by Hong Fok Corp’s Cheong Pin Chuan was previously up for sale at a price tag of S$175 million in 2019.

Singapore’s skyline. The city state’s mansion market is seeing a recovery in interest. Photo: Reuters

Leading Hong Kong developer prices flats at 20% below development cost

Li Ka-shing’s flagship developer has priced the first batch of flats at an average of HK$21,526 per square foot, below the HK$28,000 development cost.

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Sentiment in Hong Kong commercial property market up on lower rates, stock rally

In the third quarter, commercial real estate investment volume rose 22.6 per cent quarter on quarter to US$1.28 billion, CBRE said.

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The View | How Australia’s housing crisis opens door for eager Asian investors

The factors in Australia’s affordability crisis can be seen elsewhere in Asia, making it important for investors not to overlook their own markets.

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A banner displays a picture of new houses with construction in the background in the Caddens suburb of Sydney, Australia, on September 28. While Australia is not the only major Asian economy facing a housing crisis, it is among the most severe. Photo: Bloomberg

Hong Kong developer Lai Sun’s property project lapped up by buyers

Buyers flock to Lai Sun’s The Parkland in Yuen Long, snapping up nearly all units amid rate cuts and stock market gains, boosting market confidence.

Hong Kong to sell residential land plot to maintain housing supply

The government is monitoring market sentiment and will continue to release land strategically to meet housing needs, development minister says.

The View | Hong Kong needs to fix its student housing supply

The private student accommodation market shows great potential, but repurposing existing properties will only go so far to satisfy growing demand.

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People walk through the Chinese University of Hong Kong campus in Sha Tin on January 8. Photo: Yik Yeung-man

Hong Kong property investors to keep powder dry as rate cut fails to tempt

‘I would not say an interest-rate-cut cycle has begun,’ expert says. ‘Therefore, we won’t be seeing many investors entering the market.’.

A view of Tung Chung Reclamation, Tung Chung New Town Development, on June 17, 2024. Photo: Jelly Tse

Hong Kong’s depressed commercial property market burns tycoons, investors

Hong Kong’s commercial property market has buckled under the crushing weight of China’s economic malaise, an exodus of global firms, a supply glut and high interest rates.

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Explainer | Why banks ‘call’ mortgage loans, and what your options are if they do

What to know about when and why a bank might call your loan, and why falling interest rates create more options for strapped borrowers.

Hong Kong developer Lai Sun tempts buyers with rock-bottom prices

The first batch of 50 units at The Parkland in Yuen Long has an average price of HK$9,278 per square foot.

The Parkland, located at 266 Tai Kei Leng in Yuen Long, is a 12-storey building with 112 units. Photo: Handout

Hong Kong home rents surge to near record highs as flat prices sink

A seasonal influx of renters and bets on further declines in home prices are driving the trends, analysts say.

A view of City One Shatin in Hong Kong’s New Territories on February 21, 2024. Photo: Jelly Tse

Shares of New World Development, retail unit suspended from Hong Kong trading

New World Development and another listed unit were suspended from trading following a report about the company’s future leadership.

Will Beijing’s mortgage-rate cut revive China’s struggling property market?

Chinese homeowners hailed Beijing’s decision to cut mortgage rates by a half-point, though some believe the move will not spark a recovery.

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Asia housing and property
Latest news and analysis about housing and property in Asia, covering sales, market outlook and investment trends, policies related to affordability and foreign ownership, and the performance of developers.
last updated:
9 September, 2024
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