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property market

Hong Kong property: Li Ka-shing’s CK Asset lists another 110 flats at Blue Coast after 8,000 buyers jump at first 138

by Anas Siddiqui
Hong Kong property: Li Ka-shing’s CK Asset lists another 110 flats at Blue Coast after 8,000 buyers jump at first 138

CK Asset Holdings, the flagship property developer of Hong Kong billionaire Li Ka-shing, is putting another 110 units at its Blue Coast project on the market after buyers enthusiastically oversubscribed …

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Distressed Chinese developer Country Garden downplays hiring New York-based Kroll for liquidation analysis

by Anas Siddiqui
Distressed Chinese developer Country Garden downplays hiring New York-based Kroll for liquidation analysis

Embattled Chinese property developer Country Garden Holdings downplayed the possibility of a liquidation after it hired a financial advisory firm to assess the amount of money creditors could recover in …

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China Resources Land posts 11.7% profit increase, sees stability ahead for property sector thanks to policy support

by Anas Siddiqui
China Resources Land posts 11.7% profit increase, sees stability ahead for property sector thanks to policy support

China’s troubled property market is on track for a gradual return to stability despite the many challenges it still faces, China Resources Land said as it posted another profitable year …

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China struggles to arrest a 9-month slide in new home prices as cash squeeze among big developers keeps buyers on sidelines

by Anas Siddiqui
China struggles to arrest a 9-month slide in new home prices as cash squeeze among big developers keeps buyers on sidelines

Home prices in China fell for the ninth month in February, suggesting weak underlying demand and confidence among consumers despite measures by authorities to loosen buying restrictions and boost lending …

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No relief yet for China’s housing market with excess supply in secondary market, weak price guidance in new projects

by Anas Siddiqui
No relief yet for China’s housing market with excess supply in secondary market, weak price guidance in new projects

China’s housing market is seen under more pressure this year, plagued by excess supply in the secondary market as desperate homeowners look to cash out. Prices may need to drop …

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Greater Bay Area property market to see brighter days ahead as synergies build in the 11-city bloc

by Anas Siddiqui
Greater Bay Area property market to see brighter days ahead as synergies build in the 11-city bloc

Property markets in China’s Greater Bay Area will see an uptick in 2024, as businesses and communities find synergies within the 11-city economic powerhouse which has a GDP of US$2 …

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China property: why an uptick in Beijing, Shanghai home sales is unlikely to last

by Anas Siddiqui
China property: why an uptick in Beijing, Shanghai home sales is unlikely to last

The transactions of new homes in Beijing jumped 38.5 per cent year on year to 6,106 units in December, bringing the total volume of new homes sold across the city …

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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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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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Opinion | New year, new reasons for optimism on Hong Kong’s economy

by Anas Siddiqui
Opinion | New year, new reasons for optimism on Hong Kong’s economy

The outlook for Hong Kong remains uncertain due to a lack of consensus over the two big determinants of the performance of the city’s economy and asset prices: mainland China’s …

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