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property market

China property: Shenzhen, Wuhan are the latest cities to ease housing market restrictions to stir demand

by Anas Siddiqui
China property: Shenzhen, Wuhan are the latest cities to ease housing market restrictions to stir demand

Shenzhen, China’s technology hub, said it has lowered the thresholds for the personal income tax and social insurance payments of non-local individuals and families seeking to buy a property in …

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Hong Kong property: most middle-income households see prices rising now restrictions are in the past, Citibank survey finds

by Anas Siddiqui
Hong Kong property: most middle-income households see prices rising now restrictions are in the past, Citibank survey finds

Among them were 200 who fell into an “affluent segment” with liquid assets of HK$1.5 million (US$190,000) or above. Almost three quarters of the wealthier respondents expressed an interest in …

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Hong Kong property deals double to near 3-year high as scrapping of cooling measures spurs buying demand

by Anas Siddiqui
Hong Kong property deals double to near 3-year high as scrapping of cooling measures spurs buying demand

Hong Kong’s property transactions came close to a three-year high in April, with 9,880 units changing hands according to official data, as the removal of cooling measures continued to boost …

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As Hong Kong property launches hit 7-year high, analysts say pent-up demand may moderate

by Anas Siddiqui
As Hong Kong property launches hit 7-year high, analysts say pent-up demand may moderate

CK Asset Holdings will also launch 15 of the 70 remaining units in its El Futuro project in Sha Tin. The first batch of the project was launched in 2020. …

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Chengdu becomes latest major Chinese city to unveil housing market support measures, scraps home purchase qualifications

by Anas Siddiqui
Chengdu becomes latest major Chinese city to unveil housing market support measures, scraps home purchase qualifications

Chendu, the capital of Sichuan province, also plans to reduce land supply in areas where the supply of residential and commercial properties exceeds demand, while also encouraging market players to …

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China’s GDP growth beat expectations – so why are analysts and business groups still downbeat?

by Ron Morgan
China’s GDP growth beat expectations – so why are analysts and business groups still downbeat?

“It is too early to cheer for a full rebound in sentiment, as growth will likely see a gradual deceleration in the coming quarters,” said Gary Ng, a senior economist …

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China pledges US$69 billion in credit backing for tech after resurrecting dormant financial tools

by Anas Siddiqui
China pledges US billion in credit backing for tech after resurrecting dormant financial tools

The refinancing will cover 60 per cent of the principal for qualifying loans to tech-based small and medium-sized enterprises, and can be extended twice for an additional year each time, …

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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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Opinion | China’s property market is at risk of an overcorrection, not oversupply

by Ron Morgan
Opinion | China’s property market is at risk of an overcorrection, not oversupply

There are two signs of significant oversupply in residential markets, according to economist Gao Shanwen, who based his work on data from economies including Japan and the United States. The …

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China property: second-hand home prices slip again with Beijing, Shanghai among market casualties

by Anas Siddiqui
China property: second-hand home prices slip again with Beijing, Shanghai among market casualties

China’s troubled property market is showing no sign of recovery after a two-year slump in home prices in major cities stretched into last quarter, suggesting buyers are waiting to see …

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