Hong Kong homes Tag

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

Posted at 00:30h in Asia

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 Realty and Centaline Property Agency, two of Hong Kong’s largest real estate agencies, said the total...

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

Posted at 05:00h in Asia

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 property. 13:00How Hong Kong's housing market became among the world’s most unaffordableHow Hong Kong's housing market...

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18 Mar 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

Posted at 13:12h in Asia

Hong Kong’s current property market downturn is cyclical and not structural, according to S&P, which expects home prices to decline by as much as 10 per cent this year as elevated interest rates keep demand in check.“We believe that there is pent-up home-buying demand in...

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

Posted at 00:30h in Asia

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 its peers of more than 6,000 units,” said Raymond Cheng, managing director and head of China...

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

Posted at 08:01h in Asia

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 of Sars (severe acute respiratory syndrome) in 2003, led to an aggregate fall of 13.5...

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

Posted at 23:30h in Asia

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 billion (US$4.83 billion), according to data compiled by Centaline Property Agency.The surge comes amid...

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

Posted at 06:52h in Asia

“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 Frank.General view of residential buildings in Hong Kong’s Tseung Kwan O district. Photo: Sun YeungHong...

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

Posted at 02:00h in Asia

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 and bathrooms.Potential buyers queue up at Sun Hung Kai Properties’ sales centre for a chance...

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