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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.
2 hours ago
‘Studying in Hong Kong’ brand to boost demand for student housing
3 hours ago
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Major Chinese developers see sales uptick in September bolstered by stimulus
16 Oct 2024 - 9:09AM
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.
15 Oct 2024 - 7:36PM
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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.
14 Oct 2024 - 8:30AM
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.
14 Oct 2024 - 7:30AM
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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.
13 Oct 2024 - 11:04AM
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.
12 Oct 2024 - 8:15PM
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?
15 Oct 2024 - 3:05PM
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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.
11 Oct 2024 - 4:04PM
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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.
10 Oct 2024 - 6:05PM
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.
10 Oct 2024 - 3:07PM
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.
11 Oct 2024 - 6:07PM
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.
10 Oct 2024 - 5:00PM
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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.
9 Oct 2024 - 10:00AM
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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.
8 Oct 2024 - 9:21AM
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.
7 Oct 2024 - 8:26PM
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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.
6 Oct 2024 - 8:59PM
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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.
6 Oct 2024 - 5:52PM
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.
7 Oct 2024 - 1:24PM
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.
5 Oct 2024 - 7:24PM
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.
4 Oct 2024 - 6:45PM
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.
3 Oct 2024 - 6:33PM
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.
3 Oct 2024 - 9:36AM
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.
1 Oct 2024 - 10:30AM
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The View
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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.
30 Sep 2024 - 4:30PM
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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.
30 Sep 2024 - 12:16PM
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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.’.
30 Sep 2024 - 10:30AM
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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.
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last updated:
9 September, 2024
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