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Hong Kong homes

Hong Kong property agencies Centaline, Midland forecast property sales hitting 10-month high in March

by Anas Siddiqui
Hong Kong property agencies Centaline, Midland forecast property sales hitting 10-month high in March

Hong Kong property sales are expected to hit a 10-month high in March following the removal of all of the city’s property cooling measures, two leading property agencies said. Midland …

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10 months and counting: Hong Kong home prices worsen in February to the lowest level since September 2016

by Anas Siddiqui
10 months and counting: Hong Kong home prices worsen in February to the lowest level since September 2016

The price decline last month preceded the government’s lifting of all property cooling measures amid slower than expected economic growth and a high-interest rate environment that has dented demand for …

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Hong Kong’s property downturn yet to run its course, with home prices set to decline by up to 10% this year, S&P says

by Anas Siddiqui
Hong Kong’s property downturn yet to run its course, with home prices set to decline by up to 10% this year, S&P says

Hong Kong’s current property market downturn is cyclical and not structural, according to S&P Global Ratings, which expects home prices to decline by as much as 10 per cent this …

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Sun Hung Kai Properties in pole position to benefit from Hong Kong’s property easing measures, analysts say

by Anas Siddiqui
Sun Hung Kai Properties in pole position to benefit from Hong Kong’s property easing measures, analysts say

With seven projects comprising more than 8,100 units expected to launch this year, SHKP is likely to benefit from a revitalised property market. “SHKP has the most saleable resources among …

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Hong Kong home prices fall for ninth straight month, intensifying calls for lifting property curbs

by Anas Siddiqui
Hong Kong home prices fall for ninth straight month, intensifying calls for lifting property curbs

Secondary-market prices of Hong Kong homes have retreated 23 per cent from their peak in September 2021, according to government statistics. The nine-month losing streak, the longest since the outbreak …

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Hong Kong property deals surge to their highest since August as stable interest rates lure buyers

by Anas Siddiqui
Hong Kong property deals surge to their highest since August as stable interest rates lure buyers

The number of property transactions in Hong Kong surged 17 per cent in January to 4,399 deals from a month ago, with total sales rising 12.5 per cent to HK$37.79 …

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Hong Kong property: home prices slump to lowest since January 2017 as high interest rates undercut demand

by Anas Siddiqui
Hong Kong property: home prices slump to lowest since January 2017 as high interest rates undercut demand

“The market sentiment is still weak, as there is limited good news in the market,” said Martin Wong, director and head of research and consultancy for Greater China at Knight …

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Hong Kong property: residents face difficult decision whether to rent or buy this year

by Anas Siddiqui
Hong Kong property: residents face difficult decision whether to rent or buy this year

On the rent side, Allan said it’s a mixed bag, adding that rents in some areas in the south of Hong Kong Island were strengthening for units with good kitchens …

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13% Hongkongers think it is a ‘good time’ to buy property, second highest level of optimism on record, Citi survey shows

by Anas Siddiqui
13% Hongkongers think it is a ‘good time’ to buy property, second highest level of optimism on record, Citi survey shows

The number of Hongkongers who say it is a “good time” to buy a house fell three percentage points in September from a year ago, according to a study conducted …

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Hong Kong sees record 6 failed land tenders as elevated interest rates, depressed home prices dampen demand for new plots, Colliers says

by Anas Siddiqui
Hong Kong sees record 6 failed land tenders as elevated interest rates, depressed home prices dampen demand for new plots, Colliers says

They were an 8,360 square-metre project on Po Fung Road in Tsuen Wan, which was snapped up by Kerry Properties in February for HK$1.4 billion (US$180 million), a 2,260 sq …

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