Just 13 percent of Hongkongers polled by Citi say it’s a good time to buy a home, down from 16 percent a year ago, the global bank said Tuesday.
The latest figure, based on data from 1,100 respondents in September,… Read More>>
Hong Kong Still World’s Least Affordable Housing Market Despite Property Slump
Hong Kong has defied an ongoing property slump to maintain its distinction as the world’s least affordable housing market, according to the results of a Demographia survey.
The median home price in the Asian financial hub stood at 18.8 times… Read More>>
Deloitte Resigns as Aoyuan Healthy Life Auditor and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Deloitte steps down as auditor of mainland developer Aoyuan’s property management spin-off, homebuilder Jiayuan gets a ratings upgrade after making an interest payment, and China’s Super Ocean seeks a capital partner for its… Read More>>
CK Asset Sells Mid-Levels Luxury Homes for $50M as High-End Market Hangs On
Two units on a high-level floor at CK Asset’s Mid-Levels luxury project sold last week for a combined HK$393.9 million ($50.1 million), showing the resilience of Hong Kong’s high-end housing market amid the COVID-led economic slowdown.
Hong Kong’s second-largest developer… Read More>>
COVID-19 Concerns Shut Down HK Disneyland and More Asia Real Estate Headlines
Hong Kong’s housing market is rebounding but so is the coronavirus, leading to competing recovery stories at the top of Asia’s real estate headlines today.
A flare-up of the coronavirus has led to the shutdown of Hong Kong Disneyland, yet… Read More>>
CK Asset’s Chiu Defends Security Law and More Asia Real Estate Headlines
A company controlled by Hong Kong’s richest man leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the firm defends Beijing’s new security law for Hong Kong ahead of its biggest property launch of the year.
Carrefour Buys Wellcome Taiwan for €97M and More Asia Real Estate Headlines
Food leads Mingtiandi’s roundup of Asia real estate headlines today as a European hypermarket giant buys a set of grocery stores in Taiwan of from a unit of Hong Kong’s Jardine’s for €97 million ($109 million).
In other news around… Read More>>
Wharf Sells Amazon, Facebook Shares for $944M and More Asia Real Estate Headlines
A Hong Kong landlord leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the owner of the Murray Hotel in Central has raised close to $1 billion by selling off its shareholdings in Facebook and Amazon.
New HK Housing Rules Fuel Suspect Deals and More Asia Real Estate Headlines
Dubious sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today with some strange trends in Hong Kong home sale prices leading some analysts to suspect fraudulent transactions being recorded to take advantage of new housing policies… Read More>>
SoftBank Slashes WeWork Valuation to $2.9B and More Asia Real Estate Headlines
The changing fortunes of a co-working firm lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Softbank has slashed its valuation of its once-prized investment to $2.9 billion from $47 billion last year.
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