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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.
21 Nov 2024 - 8:21PM
Amid property crisis, China must shift from ‘availability’ to ‘quality’: premier
19 Nov 2024 - 5:03PM
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Recap
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Signs of China’s housing market stabilising, new tax breaks: 5 China property stories
19 Nov 2024 - 2:29PM
China, Singapore key to Hongkong Land’s US$10 billion asset disposal goal
Analysts approve the developer’s ‘strategic pivot’, but caution that execution remains key to its success.
17 Nov 2024 - 11:00AM
China unveils new tax breaks to boost home sales, free up household cash
‘Pretty sizeable’ reductions would ease burdens on buyers and sellers, accelerating listings and sales, analyst says.
14 Nov 2024 - 10:22AM
Chinese tycoon dumps Hong Kong Mid-Levels flat for 35% less than he paid for it
The seller of the flat is An Zhifu, president of Sichuan-based Fulin Group.
12 Nov 2024 - 10:38PM
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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.
11 Nov 2024 - 10:00AM
Why Trump election is good and bad for Chinese property investors in the US
Trump tax cuts, tariffs will keep interest rates high, but current owners will benefit from his presidency.
11 Nov 2024 - 7:01AM
China’s embattled property developers see sales surge in October
A release of pent-up demand driven by rate cuts has given developers a much-needed sales boost.
9 Nov 2024 - 6:00PM
Hong Kong home prices to bottom out in short term after rate cut: analysts
Unexpected prime-rate cut by local lenders seen bringing more buyers into market, shoring up prices.
8 Nov 2024 - 6:30PM
China’s developers borrow more to satiate their thirst for funding
Bond financing in the property sector rose for the second month in October, rising 3.2 per cent from last year to 29 billion yuan, according to the China Index Academy.
6 Nov 2024 - 2:06PM
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.
4 Nov 2024 - 7:16PM
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.
4 Nov 2024 - 8:30AM
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As Hong Kong and Singapore age, health businesses loom larger in property market
As the average age in Hong Kong and Singapore rises, landlords and developers need to become more in tune with the medical industry.
3 Nov 2024 - 9:30AM
Hong Kong homebuyers give the cold shoulder to New World-led Pavilia Forest II
Pavilia Forest II recorded only one sale as of 5pm on Saturday, while Double Coast I found buyers for 20 units out of 58 flats on offer.
2 Nov 2024 - 9:28PM
China declares worst is over for housing market. Others see more misery
While China’s September stimulus blitz has restored US$4 trillion of value to stock markets, the wealth effect in the property sector is less obvious and immediate.
2 Nov 2024 - 10:02AM
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China’s top 100 developers post better home sales, other signals still weak
Sales by the nation’s top 100 developers rose in October, the first month of year-on-year increase in 2024.
1 Nov 2024 - 3:00PM
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Hong Kong’s negative-equity cases soar to 21-year high amid slump
The jump in cases is ‘no cause for concern’ as the repayment ability of Hong Kong owners remains stable, a local mortgage broker says.
31 Oct 2024 - 6:55PM
Hong Kong home foreclosures will remain on upswing in fourth quarter: Centaline
Hong Kong home foreclosures will remain elevated in fourth quarter: Centaline.
30 Oct 2024 - 11:20AM
Hongkong Land seeks US$10 billion from asset reshuffle, eyes high-end market
Strategic pivot aims to ‘ultimately’ double its profit before interest and tax and grow its assets under management to US$100 billion by 2035.
29 Oct 2024 - 9:59PM
Hong Kong home prices fall to their lowest since 2016, but rents rise
Secondary home prices fell 1.7 per cent in September, while rents rose 0.1 per cent month on month.
29 Oct 2024 - 4:20PM
Hong Kong’s office market to trail recovery in residential, retail properties
Reports of brisk weekend home sales show the housing market will outpace offices in recovery going into 2025, consultancies say.
29 Oct 2024 - 8:30AM
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China’s property market improving as deals surge in top cities
Shanghai, Beijing and Shenzhen are on the way to recording multi-month highs in property transactions.
28 Oct 2024 - 2:19PM
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Could India surpass China as an Asian real estate investment hotspot?
India’s booming economy and growing demand for office space are making it a magnet for many global players.
28 Oct 2024 - 9:36AM
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Hong Kong property: Chinachem’s Cheung Sha Wan project sells out
The developer found buyers for all 198 units in the project, agents said.
27 Oct 2024 - 8:30PM
Hong Kong developers to feel earnings pain amid high vacancy rates: Moody’s
Moody’s says office and retail property segments are likely to remain under pressure.
24 Oct 2024 - 6:32PM
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Editorial
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China property push reflects need to raise consumer confidence
The cut in the key reference rate for mortgage loans may have been expected, but it shows monetary policy is squarely aimed at fighting deflation.
23 Oct 2024 - 5:27AM
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.
22 Oct 2024 - 4:46PM
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Property financing
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last updated:
9 September, 2024
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