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Property investment

A pedestrian passes construction sites in Tokyo on September 18, 2024. Photo: Bloomberg

Data centres push Asia’s cross-border property investment towards 2-year high

Anticipated growth of 50 per cent will drive 2024 cross-border investments to about US$48 billion, according to Knight Frank.

‘Studying in Hong Kong’ brand to boost demand for student housing

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Major Chinese developers see sales uptick in September bolstered by stimulus

Chinachem to sell Hong Kong flats at 2016 levels as recovery proves elusive

Developers still need to offer discounts as market purchasing power is still not sufficient, according to Martin Wong at Knight Frank.

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Potential buyers look at a model residential project by Henderson Land in a showroom in Tsim Sha Tsui in June 2024. May Tse

From Fila to Armani, brands snap up prime Hong Kong retail spaces

With rents as much as 65 per cent below historical highs, brands from Europe, the US and Japan see a chance to make a splash.

China stimulus lifts property sentiment in bigger cities; durability questioned

Growth in new home transactions during the holiday period was especially pronounced in Beijing, Guangzhou and Shenzhen.

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Ambitious NWD growth plans under Adrian Cheng leave company with a big debt load

The litany of projects that Cheng oversaw as CEO of New World made the company one of the city’s most indebted property developers.

Adrian Cheng Chi-Kong in September. Photo: Eugene Lee

Sun Hung Kai’s Cullinan Sky sees another weekend of brisk sales

Quantitative easing and a slew of economic stimulus measures from Beijing have increased buyer confidence, agents say.

When will it end? How inexperience is fuelling the fire of China’s economic woes

Economists have ‘never seen anything like this’, and ‘challenges are on a greater scale’ than ever before, so how can China bring the wild ride to an end?

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Hong Kong to sell second logistics site on sweetened terms after feedback

The winner is to surrender 20 per cent of the floor space to the government to ensure its financial viability, instead of 30 per cent; plot ratio reduced to lessen cost.

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The Hung Shui Kiu plot could be developed into a building with 388,685 square metres of floor space, CBRE estimates. Photo: Handout

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.

Chinese developers scrap discounts after ‘golden week’ sales rebound

State-backed China Resources Land said it would withdraw the 2 per cent discounts for all its residential projects in Beijing.

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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CK Asset has revealed the initial price list for 128 flats at Blue Coast II. The batch comprises 78 two-bedroom and 50 three-bedroom units with areas ranging from 485 to 781 sq ft. Photo: Google Maps

Hong Kong’s housing market lacks key ingredients to halt losses

Lower financing costs and greater wealth effect from stock gains are needed to overcome another year of declines in home prices, analysts say.

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More policy support are needed to overturn a 6.2 per cent drop in home prices this year. Photo: May Tse

Hong Kong developers plan nearly 18,000 new flats amid rate cuts

The government has approved presale consent for several projects, with developers eager to offload unsold inventory.

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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Shanghai sees instant rebound in housing market after stimulus, loosened curbs

Shanghai’s revival may be a bellwether for other top-tier cities, but the same may not apply to places further afield, sales agents say.

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Even flats at projects far from the city centre are reportedly being snapped up by the dozens as buyer interest surges in Shanghai. 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.

Japanese hotels a magnet for Hong Kong investors to diversify, mitigate risks

Japan’s low interest rates and booming tourism are attracting investors like the Chiu family and Dorsett Hospitality International.

Homebuyers flock to Sun Hung Kai’s Cullinan Sky project in Kai Tak amid rate cut

As of 7pm, homebuyers snapped up 204 flats out of the 300 units on offer at Cullinan Sky Phase 1.

Homebuyers pack Sun Hung Kai Properties’ sales office for Cullinan Sky Phase 1 at the ICC in West Kowloon. Photo: Jonathan Wong

Insiders say running a Hong Kong family office is a delicate balancing act

‘Emotion stays away from the boardroom. That’s critical,’ says Mahesh Harilela.

Mahesh Harilela on Friday. Photo: SCMP

Hong Kong property deals bottom out in September, but October is looking better

Sales of new and lived-in homes, offices, shops, car parks and industrial spaces dropped 18.7 per cent to 3,843 units in September.

Mainland Chinese retailers snag prime spots in Hong Kong at discounted rents

The slumping retail market is forcing landlords to extend deeper discounts, providing opportunities for brands to expand in the city.

Shanghai, Shenzhen luxury home sales soar after historic stimulus package

Wealthy buyers snap up homes in prime locations amid renewed optimism driven by relaxed purchase restrictions and lower mortgage rates.

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Luxury property sales rose in Shanghai following the launch of China’s stimulus package. Photo: Xinhua

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

Shanghai, tier-1 cities remove more curbs in major boost to property market

Guangzhou is setting the tone for policy deregulation across the country, says Yan Yuejin of E-house China Research and Development Institute.

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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.’.

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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
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