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Hong Kong property

Improving transport, favourable policies may boost new home sales in mainland Chinese Greater Bay Area cities in 2024, Cushman says

by Anas Siddiqui
Improving transport, favourable policies may boost new home sales in mainland Chinese Greater Bay Area cities in 2024, Cushman says

“According to past experience, it usually takes some time for the market to digest and react to new policies,” said Alva To, Cushman’s vice-president and head of consulting for Greater …

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State-owned reinsurer China Re rents floor at Two IFC, upgrades offices at same price as previous lease

by Anas Siddiqui
State-owned reinsurer China Re rents floor at Two IFC, upgrades offices at same price as previous lease

State-owned reinsurance company China Re Asset Management is moving to the 41st floor of Hong Kong’s Two International Finance Centre (Two IFC) in Central, where it has leased 6,740 sq …

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Hong Kong’s property bears top 17 global markets in pessimism, spooked by higher rates, tepid growth and weak demand, CBRE survey shows

by Ron Morgan
Hong Kong’s property bears top 17 global markets in pessimism, spooked by higher rates, tepid growth and weak demand, CBRE survey shows

Hong Kong-based property bears topped the world in their pessimism, as a mix of high interest rates and a slumping economy with weak demand dampened any interest in buying assets, …

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Hong Kong, mainland Chinese buyers are eyeing Australian property again, fast-tracking home ownership for their children

by Anas Siddiqui
Hong Kong, mainland Chinese buyers are eyeing Australian property again, fast-tracking home ownership for their children

Hong Kong and mainland Chinese buyers are snapping up property in Australia in a big way again, spending cash accumulated during the past two years to give their children a …

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Buyers opt for cheaper homes in Hong Kong’s first weekend property sales in 2024

by Anas Siddiqui
Buyers opt for cheaper homes in Hong Kong’s first weekend property sales in 2024

Hong Kong’s first weekend property sales this year kicked off on Saturday, with buyers snapping up nearly 60 per cent of the units offered at a small residential project in …

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Developer of Hong Kong micro flats Jiayuan gets closer to liquidation after buyers shunned parking-space-sized homes

by Anas Siddiqui
Developer of Hong Kong micro flats Jiayuan gets closer to liquidation after buyers shunned parking-space-sized homes

Jiayuan International Group, the developer of Hong Kong flats so small they inspired the coining of the term “micro flats”, is inching closer to its corporate demise after record interest …

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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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Hong Kong home sales sink to 33-year low in 2023 amid high interest rates as sector sees glimmers of rebound in December

by Anas Siddiqui
Hong Kong home sales sink to 33-year low in 2023 amid high interest rates as sector sees glimmers of rebound in December

Property transactions in Hong Kong descended to the lowest level in 33 years in 2023 as sentiment among potential homebuyers was submerged under a deluge of poor economic news and …

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CEOs at top Hong Kong builders, landlords share optimism on outlook, see sustainability as key issue amid market stress

by Anas Siddiqui
CEOs at top Hong Kong builders, landlords share optimism on outlook, see sustainability as key issue amid market stress

The CEOs of major landlords and developers in Hong Kong have made building on the normalisation that began last year a top priority for 2024, with a focus on strengthening …

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Hong Kong’s luxury retail sector likely to regain ground lost to protests, pandemic in 2024 as high-end brands make a return

by Anas Siddiqui
Hong Kong’s luxury retail sector likely to regain ground lost to protests, pandemic in 2024 as high-end brands make a return

“Our Central retail portfolio is a global, brand-defining destination and we are seeing several of our tenants eyeing expansion and innovation. We will be announcing exciting plans to innovate and …

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