As if the possibility of getting tear gassed during a late night search for noodles isn’t enough, Hong Kong residents are now being warned by a Swiss bank that they need to worry about the value of their homes collapsing.
Citi Group’s latest survey on home ownership in Hong Kong shows that over 70 percent of residents feel that it is a bad or terrible time to purchase a home in the world’s least affordable metropolis.
In a survey conducted… Read More>>
HNA’s increasingly turbulent flight path leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news of trouble in the cockpit as long-haul flights at Hong Kong Airlines may be axed, while bounteous fund raising by mainland… Read More>>
The trade war leads the way in Mingtiandi’s roundup of Asia real estate news today with economists predicting a possible tumble in the world’s least affordable housing market, while Singapore slashes the supply of private residential housing.
In other news… Read More>>
A Singapore mall leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that two major property developers have paid the S$400M bill for their joint shopping expedition, while a Hong Kong-based private equity firm… Read More>>
A leadership reshuffle leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a major Singapore developer that now holds assets under management in excess of S$100 billion is going through a reorganisation at the… Read More>>
Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that the Chinese rival to Starbucks has ground out $561 million from a larger-than-expected IPO, making the online to offline coffee chain full of beans.
Hong Kong’s bellwether for extravagant living — housing prices Peak area — 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 else… Read More>>
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 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>>