Residential buildings under construction in Beijing on August 1, 2022. Photo: EPA-EFE
China property

China home sales falter amid dented buyer confidence

3 hours ago

June sales plunged 28.1 per cent year on year among the 100 largest developers, according to CRIC data, raising the threat of more liquidity struggles as the sector continues to weigh on the economy.

Residential buildings under construction in Beijing on August 1, 2022. Photo: EPA-EFE

China home sales falter amid dented buyer confidence

June sales plunged 28.1 per cent year on year among the 100 largest developers, according to CRIC data, raising the threat of more liquidity struggles as the sector continues to weigh on the economy.

3 hours ago

Property deal volumes, value decline in June amid higher borrowing costs

Deal flow in Hong Kong’s property market seen slowing further in July after volumes hit a five-month low last month as caution prevailed in a rising interest rate environment.

22 minutes ago

Hong Kong office rents and rental values expected to decline further, analysts say

Hong Kong’s office rents and rateable values are expected to fall amid high vacancies, new supply, uncertainties around the global economy and downsizing by firms, analysts say.

4 Jul 2023 - 8:30AM
High density residential buildings stand on the Kowloon Peninsula . Photo: Yik Yeung-man

Property deal volumes, value decline in June amid higher borrowing costs

Deal flow in Hong Kong’s property market seen slowing further in July after volumes hit a five-month low last month as caution prevailed in a rising interest rate environment.

22 minutes ago
Hong Kong property

Hong Kong office rents and rental values expected to decline further, analysts say

Hong Kong’s office rents and rateable values are expected to fall amid high vacancies, new supply, uncertainties around the global economy and downsizing by firms, analysts say.

Hong Kong’s office rents and rateable values are expected to fall amid high vacancies, new supply, uncertainties around the global economy and downsizing by firms, analysts say.

4 Jul 2023 - 8:30AM
China property

Developer China Aoyuan seeks approval for US$4.2 billion offshore-debt plan

The agreement, which includes new notes, new shares, debt-to-equity conversion, perpetual securities and the transfer of shares to creditors, will need the approval of 75 per cent of offshore debt holders to move forward.

The agreement, which includes new notes, new shares, debt-to-equity conversion, perpetual securities and the transfer of shares to creditors, will need the approval of 75 per cent of offshore debt holders to move forward.

3 Jul 2023 - 4:01PM

A teacher, clerk and tutor show the pain behind China’s ailing housing market

Interviews with a teacher, a county clerk and a tutor show what is hobbling China’s housing market. A deficit in confidence among consumers may be hard to overcome, analysts say.

3 Jul 2023 - 11:10AM
A teacher, clerk and tutor show the pain behind China’s ailing housing market

Return of mainland tourists lifts Hong Kong retail property segment

Hong Kong’s retail property segment has benefited the most from the return of mainland Chinese tourists to the city, with brands and food and beverage operators snapping up shops in high streets and luxury shopping centres alike, analysts said.

2 Jul 2023 - 10:00AM
Return of mainland tourists lifts Hong Kong retail property segment

Developer China Aoyuan seeks approval for US$4.2 billion offshore-debt plan

The agreement, which includes new notes, new shares, debt-to-equity conversion, perpetual securities and the transfer of shares to creditors, will need the approval of 75 per cent of offshore debt holders to move forward.

3 Jul 2023 - 4:01PM

A teacher, clerk and tutor show the pain behind China’s ailing housing market

Interviews with a teacher, a county clerk and a tutor show what is hobbling China’s housing market. A deficit in confidence among consumers may be hard to overcome, analysts say.

3 Jul 2023 - 11:10AM

Return of mainland tourists lifts Hong Kong retail property segment

Hong Kong’s retail property segment has benefited the most from the return of mainland Chinese tourists to the city, with brands and food and beverage operators snapping up shops in high streets and luxury shopping centres alike, analysts said.

2 Jul 2023 - 10:00AM

Hongkongers snub new home sales in Yau Tong amid weakening real estate market

The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.

The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.

4 Dec 2022 - 8:56PM

Hong Kong home price forecasts too bearish, JP Morgan says

Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.

Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.

2 Dec 2022 - 10:54AM

Green buildings in Hong Kong command the highest rental premium in Asia: JLL

Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.

Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.

30 Nov 2022 - 7:30AM

Hongkongers snub new home sales in Yau Tong amid weakening real estate market

The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.

The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.

4 Dec 2022 - 8:56PM

Hong Kong home price forecasts too bearish, JP Morgan says

Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.

Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.

2 Dec 2022 - 10:54AM

Green buildings in Hong Kong command the highest rental premium in Asia: JLL

Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.

Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.

30 Nov 2022 - 7:30AM
Property | OPINION
Pedestrians walk through the Ginza district of Tokyo on June 17. Buyers get more bang for their buck in Japan’s capital, compared with Hong Kong, Singapore, London and New York. Photo AFP

The View | The Japanese housing bubble that isn’t

Tokyo flat prices may have gone through the roof, but prudent BOJ policymakers are likely to keep rates low. This, plus relatively high affordability, means conditions are a lot less bubbly than they might appear.

19 Jun 2023 - 4:30PM

The View | Resilience of Asian property prices is not such good news for everyone

In Asia’s real estate markets, there has been a glaring lack of a meaningful adjustment in prices. As buyers push for steeper discounts but sellers hold out for an improvement in sentiment, Asian commercial property could become less attractive.

In Asia’s real estate markets, there has been a glaring lack of a meaningful adjustment in prices. As buyers push for steeper discounts but sellers hold out for an improvement in sentiment, Asian commercial property could become less attractive.

12 Jun 2023 - 9:30PM
Resilience of Asian property prices is not such good news for everyone

The View | Singapore property measures targeting foreigners make no sense

Until recently, Singapore had rejected draconian measures taken by countries like New Zealand and Canada. Singapore is now on board, though, with stamp duty for foreigners buying property doubling to 60 per cent – even though locals are driving the price surge.

Until recently, Singapore had rejected draconian measures taken by countries like New Zealand and Canada. Singapore is now on board, though, with stamp duty for foreigners buying property doubling to 60 per cent – even though locals are driving the price surge.

5 Jun 2023 - 4:15PM
Singapore property measures targeting foreigners make no sense

Property | Explore more