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Property policies

A subdivided tenant lays in his bunk bed space in Sham Shui Po. Photo: Elson Li
Hong Kong housing

Cheaper homes at risk in Hong Kong plan to wipe out substandard flats: operator

Concern group also says tenants affected by plan will need help relocating as they may be left with few affordable options.

Bonds

Xi Jinping’s ‘city of the future’ logs record quarter for construction financing

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China property

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

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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A real estate agency in North Point. Photo: Eugene Lee
Hong Kong property

Chinese tycoon offloads 9 Hong Kong luxury flats at half price in fire sale

Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million.

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Hong Kong economy

Firms to pledge support for Hong Kong’s Northern Metropolis after Beijing’s call

Firms will attend ceremony on Friday to show they intend to take part in the mega development, sources say.

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Hong Kong economy

Is Hong Kong’s system of assessing land demand broken? Experts have the answers

Professor Liu Pak-wai says geopolitical headwinds and integration with mainland China warrant reassessment of city’s land needs.

An illustration of development plans for the Lantau artificial islands project. Photo: Handout
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.

China property

Shenzhen joins Beijing and Shanghai in offering tax breaks to boost home sales

Homeowners will not have to pay value-added tax when reselling their property after two years.

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China property

Amid property crisis, China must shift from ‘availability’ to ‘quality’: premier

Latest comments show how China’s leadership aims to ‘leverage technology’ and embrace modern advancements to fuel urbanisation drive and boost economy.

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Some of China’s top-tier cities are offering tax breaks on large homes, aiming to boost demand in the property market by reducing the cost of purchasing upscale housing. Photo: Reuters
SCMP Highlights

Recap | Signs of China’s housing market stabilising, new tax breaks: 5 China property stories

Slowing decline of new home prices, policy support drives sales rise and tax breaks in key cities aim to boost the market. See our latest coverage of Chinese property.

Chinese homebuyers gathered at a property showroom in Shenzhen. New home prices in China fell for the 17th month in October, but at a slower pace. Photo: Yulu Ao
Hong Kong property

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.

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.

China property

China’s new home prices slow 17-month decline after support measures kick in

Prices across 70 cities fell for the 17th month in October, but at a slower pace, suggesting support measures may be stabilising the market.

A man rides a bicycle past residential buildings under construction in Huizhou, Guangdong province, on October 10, 2024. Photo: Reuters
China property

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.

An agent speaks with potential buyers near a scale model of residential buildings at a property fair in Shenzhen, Guangdong province, on Tuesday. Photo: Reuters
Hong Kong property

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.

Hong Kong property

Hong Kong landlords head for the exit when the going is good

Owners seize upon market optimism amid rate cuts and easing restrictions before a supply glut and uncertain economy derail sentiment.

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Hong Kong housing

Waiting time for Hong Kong public rental flats remains unchanged at 5½ years

Authorities say faster housing of applicants in New Territories counterbalanced by fewer homes available this quarter.

Construction at Kai Tak. The government has said it aims to cut the waiting period for permanent and temporary public rental homes to 4½ years by the 2026-27 financial year. Photo: Elson Li
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.

Hong Kong housing

Exclusive | Why didn’t Hong Kong set stricter rules to wipe out its notorious shoebox flats?

Setting a larger minimum size for subdivided flats would have meant delays in supplying homes to those affected, minister says.

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International Property

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.

Donald Trump pointed to supporters in West Palm Beach, Florida, on election night. Photo: Getty Images via AFP
China property

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.

Residential buildings under construction by Chinese real estate developer Vanke in Hangzhou. Photo: AFP
Hong Kong property

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.

China property

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.

China property

Beijing puts no price cap on land sale, signalling property-market shift

For the first time since 2021, market forces will decide the worth of a plot, as well as the prices of homes built on the site.

A view of the skyline of central Beijing on July 17, 2024. Photo: AP
Hong Kong housing

1 in 4 subdivided flats fail to meet minimum size requirements: housing chief

Secretary for Housing Winnie Ho says survey findings also show about 10 per cent of these flats lack a window.

A 40 sq ft subdivided flat in Sham Shui Po. Photo: Eugene Lee
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.

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’.

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Property policies
Due to ample liquidity, property in Asian markets such as Singapore and Hong Kong has been driven relentlessly higher for years. As a result, governments have introduced property-cooling measures.  On the other hand, Chinese government started easing restrictions such as lowering the down payment for second homebuyers to improve the real estate sector. Western countries also impose different policies against foreign property buying.
last updated:
9 September, 2024
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