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Property investment

Property investment
Latest news and features on property investment, including prices and trends and wider issues that might affect property markets.
last updated:
9 September, 2024
View of residential buildings in Mid-Levels and The Peak, two sought after addresses in Hong Kong. Photo: Nora Tam
Hong Kong property

Outlook for Hong Kong’s high-end homes to brighten in 2025

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.

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International Property

Chinese firms seek European base for factories amid trade tensions, tariffs

China property

Builder Jinke Property reveals details of court-supervised debt restructuring plan

China property

China property flare-ups resurface as crisis enters fifth year

As China property debt crisis enters fifth year, there is little indication that distressed developers are finding it easier to repay debt.

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Residential buildings in Guangzhou. Photo: China News Service/VCG via Getty Images
Hong Kong property

The Center sale came at a peak and now buyers struggle to exit

Take a look inside The Center, which was the world’s most expensive skyscraper when it was shrewdly sold by the city’s wealthiest man.

Hong Kong property

New World Development takes more beating in market as debt crisis lingers

Stock price slumps further as debt issues threaten to spiral into a crisis of confidence.

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China property

China home prices show signs of stabilisation after months of decline

In November, new home prices in China’s four top-tier cities were unchanged from a month earlier, following 13 months of declines.

Workers install windows at a residential project in Shanghai. Photo: Reuters
Hong Kong property

More Hong Kong shops to close, as retail shifts online

Local beauty brand JaneClare is an example of a firm that is making money online, but still values real-world spaces.

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Hong Kong property

Mystery buyer spends HK$150 million for 26 flats in shopping binge

All the flats were acquired in Kai Tak district in projects including Double Coast 1 and Twin Victoria, according to agents.

Hong Kong property

Hong Kong home prices: up or down? Experts weigh in with forecasts for 2025

Analysts forecast up to 5 per cent price fall or rise amid oversupply, falling interest rates and improving stock market performance.

CK Asset’s mass residential project in Kwun Tong. Some 87,000 new flats in Hong Kong are estimated to be ready by the end of next year, according to JLL. Photo: Nora Tam
China property

Swire sees robust demand for flats at first mainland China residential project

Swire Properties said 94 per cent of the units at a residential project in Shanghai were sold.

A rendering of the Lujiazui Taikoo Yuan Residences. Photo: Swire Properties
Hong Kong property

Even Chow Yun-fat is no match for Hong Kong’s real estate slump

Cutting the price of his home on The Peak, the film star joins other celebrities and tycoons selling high-end homes at a discount.

Hong Kong property

Hong Kong’s hotel industry faces ‘worrying’ troubles in tax and Trump

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.

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International Property

La Défense, Europe’s largest purpose-built business district, seeks Asian investors

Around 15 per cent of the office space in the business district is currently vacant because of weak demand.

Avenue Charles de Gaulle and the business district of La Defence, seen from Arc de Triomphe in Paris. Photo: Shutterstock
Hong Kong property

1 in 6 Hongkongers are eyeing home purchase in next 5 years: HSBC

Around 300,000 households will be in the market, exceeding expected supply, the lender estimates.

A view of a residential estate at Mei Foo Sun Chuen, Hong Kong, on November 7, 2024. Photo: Alexander Mak
Banking & finance

China had nearly 100 fewer billionaires in 2024, UBS says

In Hong Kong, the billionaire tally rose to 74 from 68.

China property

China’s new home sales forecast to drop 15% in 2025, Fitch reports

At about 2.03 per cent, rental yield is still way below the benchmark home mortgage financing rate to spark investment in new homes.

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Hong Kong stock market

ESR shares rally on US$7.1 billion take-private offer from founders, funds

Consortium offers HK$13 per share to take ESR private, or a stock swap with an offshore entity in a bid to refocus its business.

Privatisation bid aimed at reshaping its business in Asia-Pacific and optimising its balance sheet, consortiium says. Photo: Handout
Hong Kong property

Hong Kong property deals hit 7-month high, but December slowdown looms

Some 7,689 real estate transactions worth US$8.2 billion were completed last month, according to the Land Registry.

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China property

Record Shenzhen land sale is a confidence boost for China’s property market

China Overseas Land and Investment and China Resources Land snap up 263,000-square-metre parcel in Nanshan district.

China property

Shimao gets more time to restructure debt after rebuffing liquidation petition

Shimao faced liquidation petition from Hong Kong branch of state lender CCB over unpaid borrowings.

Shimao Tower in Shanghai. Photo: Reuters
Hong Kong economy

Opinion | Appeals to business leaders’ patriotism aren’t what Hong Kong needs

If the Hong Kong government wants businesses to help with the city’s development, it must do more to create favourable conditions.

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Hong Kong Chief Executive John Lee (left) talks to Xia Baolong, director of the Hong Kong and Macau Affairs Office, in Beijing on September 24. Photo: Hong Kong and Macau Affairs Office
China property

China property market faces long recovery road despite debt-plan progress

Sino Ocean and Shimao debt plans inch ahead in ‘positive signal’, but true recovery is still far off given structural issues, analysts say.

China property

Sunac sells stake in Harbin Ice and Snow World Park for US$138 million

The divestment comes amid Sunac’s efforts to restructure about US$2 billion in onshore debt.

Hong Kong property

New World sells Hong Kong sports park stake to parent to tackle debt

Stake in New World Sports Development, the developer of Kai Tak Sports Park, sold to Chow Tai Fook Enterprises for US$53.5 million.

New World Development has sold its stake in Kai Tak Sports Park to its parent. Photo: Dickson Lee
Hong Kong property

Hong Kong university pays US$334 million for Chen Hongtian’s seized office tower

Hong Kong Metropolitan University makes its second purchase in six months in this year’s biggest commercial deal.

One HarbourGate East Tower in Hung Hom, Kowloon is among assets seized by creditors from Chinese tycoon Chen Hongtian. Photo: Handout
China property

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

It has been almost three years since China Evergrande, once the largest real estate developer in China, defaulted on its debts.

Hong Kong property

Hong Kong home prices rise for the first time since March; rents cool slightly

Secondary home prices increased 0.62 per cent in October.

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