Hong Kong triumphs as 2017's top city for trophy home sales across all international residential property transactions - Christie's International Real Estate.
Hong Kong's most expensive residential site in history sold for HK$25.16 billion (USD$3.2 billion)
Sun Hung Kai Properties (SHKP) outbid local developers and won government tender for the New Kowloon Inland site at Kai Tak for a total of USD$3.2 billion.
Colliers International today releases its Hong Kong 2018 Market Outlook report. The report, which has been compiled by the research team at Colliers international, conducts a deep dive into the trends shaping the city’s property market, as well as the latest forecasts for 2018.
Sean Linkletter from JLL China explains why all major Chinese cities are substantially higher than the United States P/I average of 2-4, including home prices in Shenzhen, which were a whopping 46 times average income by end-3Q17.
Hong Kong, Thailand and Japan lead APAC hotel investment
Hotel investment deals are flowing into Hong Kong hotels with 11 deals worth nearly US$1.5 billion recorded this year to date says JLL Managing Director - Investment Sales, Asia Mike Batchelor.