Hong Kong’s bellwether for extravagant living — housing prices atop Victoria Peak — suffered a proper dinging after a residence in the tony Mount Nicholson development sold at a price whose discount alone would build a stately mansion almost anywhere… Read More>>
Citi Survey Says 57% of Hong Kongers Expect Home Prices to Drop in 2019
Most Hong Kong homeowners now expect home prices to drop over the next 12 months, a sharp increase over the 29 percent who foresaw a declining market in the previous quarter and the 9 percent who had the same expectations… Read More>>
Hong Kong Home Prices Set to Drop 10% in Next 12 Months Says Moody’s
Hong Kong home prices have dropped for the past two months, but any investors dismayed by the market turn after 29 months of climbing prices should get ready for more of the same, according to analysts keeping a watch on… Read More>>
China Evergrande Paying Up to 13.75% for $1.8B in Bonds and More Asia Real Estate Headlines
Just one week after China Evergrande was reported to be shopping its most valuable offshore asset in return for a loan, the mainland’s most debt-happy developer has just sold $1.8 billion in bonds at interest rates of up to 13.75… Read More>>
Hong Kong Home Prices Fall for the First Time in 29 Months
Hong Kong’s private home prices marked their first decline in 29 months only days after Hong Kong banks announced hikes in raising their benchmark lending rates for the first time in more than a decade. The city’s notoriously high home… Read More>>
Thailand’s Central Group Hopes for $1B Retail IPO and More Asia Real Estate Headlines
Department stores are closing down faster than popsicle stands in November in most parts of the world, but Thailand’s largest retailer makes news today with news of plans to use its collection of department stores to anchor a hoped for… Read More>>
Home Prices Paced the World with 15% Rise in Q1 and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, home prices in the city rose 15 percent in the last quarter year-on-year, the fastest in the world, according to Knight Frank. The real estate firm tracking 57 markets found out that Hong Kong… Read More>>
Hong Kong Home Prices Rise for 24th Straight Month and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Hong Kong’s prices for private residential properties have risen for a continuous 24 months, recent figures from the government show. The latest numbers show that the city’s sky-high costs for residential properties are… Read More>>
Hong Kong Home Prices Could Rise Another 10% in 2018 as Colliers Sees Continued Demand
The cost of shelter in Hong Kong continues to defy the laws of gravity, after new home prices in the city surged by 18 percent last quarter to the second-highest level since 1996. But while the ongoing housing boom in… Read More>>
HK Housing Restrictions Said No Match for Mainland Investor Demand
Those hoping the Hong Kong government’s latest attempts to cool home prices in the world’s most expensive housing market had better not hold their breath. While there may be a decline in transactions during the remainder of the year, the… Read More>>
