home prices Tag

11 Apr Lianjia, China’s largest real estate brokerage, opens Manner coffee shop in Shanghai outlet to brew up home transactions

Posted at 13:40h in Asia

Lianjia, mainland China’s largest real estate brokerage, has teamed up with coffee chain operator Manner to open a cafe in one of its outlets in Shanghai, launching a crossover marketing campaign to drive transactions amid lack of homebuying interest.The property agency opened the Manner coffee...

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06 Apr A new normal: are the wild days of Hong Kong’s housing market a thing of the past?

Posted at 02:00h in Asia

“I have already got a house under my name that I live in, but I didn’t think of buying a second one for investment until now because of the 15 per cent ad valorem stamp duty,” the 36-year-old permanent resident said. 13:00How Hong Kong's housing market...

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05 Apr Lived-in home deals in Shanghai hit 20-month high in March, but agent says bull run may be ‘short-lived’ amid economic concerns

Posted at 12:48h in Asia

Transactions involving lived-in homes in Shanghai shot up in March as owners offered discounts to bargain hunters, but the outlook for the city’s housing market remains cloudy due to concerns about a bleak mainland Chinese economy.The number of transactions hit a 20-month high, and a...

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25 Mar Hong Kong property rebound to keep Wang On busiest since listing day as Kowloon, Pok Fu Lam, Fortress Hill projects take off: CEO

Posted at 02:30h in Asia

Hong Kong developer Wang On Properties is seeking to step up investment in new projects to stay ahead of an expected upturn in the local market as the city’s government loosened curbs, with borrowing costs projected to decline in the months ahead.The firm is making...

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21 Mar Hong Kong tycoon Victor Li says city must do whatever it takes to maintain financial hub status

Posted at 10:33h in Asia

Hong Kong must maintain its hard-fought status as an international financial centre as the city faces headwinds from a global economic turmoil, said Victor Li Tzar-kuoi, chairman of CK Hutchison and CK Asset Holdings, which announced full-year results on Thursday.The two flagship companies of Hong...

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04 Mar Opinion | Why Asian buyers’ love of Australia’s property market endures

Posted at 08:30h in Asia

Yet Australia’s appeal to many Asian buyers endures, and by some measures it is growing. While the heyday of Chinese investors pouring huge sums of money into Australian residential property is long gone, Chinese buyers are back.In the second quarter of last year, mainland China...

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03 Mar China property: homeowners turn to social media to boost their chances of a quick sale in depressed market

Posted at 03:30h in Asia

Xue, who declined to provide his full name out of privacy concerns, told the Post that despite the flurry of inquiries, the flat has not yet found a buyer. He is, however, in negotiations over price with several potential buyers.The practice of bypassing the property...

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27 Feb Hong Kong property deals pick up ahead of government budget as buyers anticipate further relaxation of curbs

Posted at 10:39h in Asia

Secondary market transactions in Hong Kong flats jumped last week, as buyers took advantage of seven-year low prices, amid expectations the government may unveil a possible further relaxation of property cooling measures at Wednesday’s government budget.Deal volumes in 35 major housing estates rose 72.4 per...

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26 Feb Hong Kong property: discounted Mid-Levels luxury homes entice buyers amid loan distress as rates outlook improves

Posted at 00:30h in Asia

Hong Kong’s deep-pocketed investors and homebuyers have been snapping up foreclosed luxury homes at great bargains in recent transactions, suggesting an increase in appetite as the global interest-rate hike cycle comes to an end.A 1,301-square foot unit at Azura on 2A Seymour Road changed hands...

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12 Feb Goldman Sachs says Hong Kong home prices will rebound in 2025 after hitting bottom this year, raises office market concerns

Posted at 08:30h in Asia

Hong Kong’s residential property market is poised for a rebound in 2025 with an anticipated 5 per cent increase in home prices after reaching a low point this year, Goldman Sachs said.The US investment bank said the sector will see a gradual recovery in...

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