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Asia housing and property

The Arch Sky Tower, a luxury residential building in West Kowloon, pictured on February 27, 2023. Photo: Yik Yeung-man
Hong Kong property

Hong Kong’s ‘Emperor’s Home’ sold at discount as distressed tycoons divest

‘We will continue seeing financially pressured owners offloading assets until interest rates come down substantially,’ analyst says.

China property

Evergrande founder Hui Ka-yan’s spending restricted by Guangzhou court

Singapore

Singapore spillover of data centres benefits Malaysia’s Johor

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China property

The View | China’s housing market crisis is still its biggest economic headwind

While Beijing has eased demand-side policies dramatically, the fundamental problems in the property market remain unresolved.

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A woman rides a scooter past a construction site of residential buildings by Chinese developer Country Garden, in Tianjin on August 18, 2023. Photo: Reuters
Hong Kong property

Homebuyers snap up flats at Wang On’s 101 King’s Road project amid market revival

Located at 101 King’s Road, near Fortress Hill MTR station, the project offers one-to-three-bedroom flats from 244 sq ft to 434 sq ft.

Hong Kong property

Cautious bids expected for second try at Hong Kong land sale

MTR Corp’s tender for a Tung Chung site follows a senior government official’s call for developers to show faith in Hong Kong’s future.

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Hong Kong property

Tsim Sha Tsui named world’s fourth most expensive shopping district

District falls from third place but is the most expensive shopping destination in Asia-Pacific, according to Cushman & Wakefield.

Shoppers on Canton Road in Tsim Sha Tsui. Photo: Jelly Tse
Architecture and design

The design secrets of Hong Kong’s private housing estates

These residential complexes may look identical, but new book Cities of Repetition unveils their distinct architectural identities – from Mei Foo Sun Chuen to Sha Tin’s City One.

Hong Kong property

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.

Architecture and design

Is this Hong Kong’s ultimate bachelor pad?

A covetable private rooftop, chic drinks bar and Scandi overtones feature in this spacious Wan Chai flat.

The sleek dining area of this Wan Chai, Hong Kong bachelor pad. Photo: Harold de Puymorin
Hong Kong property

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

A total of 4,697 new and lived-in homes changed hands in October, reversing a two-month decline.

People passed a property agency in South Horizons. Photo: Eugene Lee
China property

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’.

China economy

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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Hong Kong property

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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Home shoppers flock to a sales office of Blue Coast II, Phase 3C of The Southside, developed by CK Asset in Wong Chuk Hang, at Fortune Metropolis in Hung Hom on October 19, 2024. Photo: Jonathan Wong
Hong Kong property

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
Hong Kong property

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.

Architecture and design

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.

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Hong Kong property

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
International Property

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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Hong Kong housing

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.

Banking & finance

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.

An employee works on solar photovoltaic modules at a factory in Sihong, China. Photo: AFP
Hong Kong property

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

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.

Hong Kong property

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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Hong Kong property

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.

Outside a real-estate agency in Kowloon. Photo: SCMP/Jelly Tse
Australia

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 property

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 property

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.

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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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