Hong Kong

Research shows Hong Kong's price rally continued in 2017

"Meanwhile luxury transactions volumes fell heavily" according to Savills Hong Kong research

Feb 5, 2018

Research Reports

Hong Kong's latest Residential, Office, Retail and Industrial research has been released

Colliers International release their Hong Kong research reports for Q4 2017.

Jan 19, 2018

St. Regis Hotels to join Hong Kong’s skyline early 2019

St. Regis Hotels & Resorts has announced a collaboration with China Resources Property which is slated to bring the legendary St. Regis brand to Hong Kong by early 2019.

Jan 17, 2018

Research Reports

2018: Hong Kong's rising confidence in growth

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.

Jan 8, 2018

Design

HBA creates bespoke ultra luxury homes for high-net-worth individuals from its Asian base in Singapore

Luxury design studio HBA Residential replicates its high-end hotel designs in Beijing and Hong Kong private residences.

Dec 12, 2017

Why are Chinese homes so expensive?

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.

Dec 8, 2017

Buy a Hong Kong apartment, get a free Tesla

The developer of these apartments for sale in Hong Kong, K&K Property, is encouraging the use of environmental-friendly cars with this promotion.

Dec 1, 2017

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.

Nov 28, 2017

http://www.scmp.com/property/hong-kong-china/article/2141140/new-home-prices-hong-kong-rose-18-cent-last-quarter-says

Chinese demand for Australian real estate is declining

Government policies in both Australia and China are eroding Chinese buyer demand for local real estate, says Michael Pallier, managing director of Sydney Sotheby's International Realty.

Nov 24, 2017

Record high price as two Hong Kong Peak flats sell for a combined US$148.5 million

The price per square foot record for Asia has been set at Nan Fung Group and Wharf's joint venture project at The Peak.

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News Roundup

Average price of used homes in Hong Kong soar to a record US$1.28m in first quarter

Prices are expected to rise further as buying sentiment remains strong, says Ricacorp Properties

http://www.scmp.com/property/hong-kong-china/article/2140418/goldman-rent-well-below-market-value-new-owners-center

Owners of world’s most expensive office tower The Center say Goldman Sachs got cheap rates and they want tenants who will pay more

Investors in Hong Kong’s The Center have not finalised plans for building, but say new tenants will be easily found

http://www.straitstimes.com/business/property/hk-mulls-over-tax-on-unsold-apartments-to-curb-prices

HK mulls over tax on unsold apartments to curb prices

Hong Kong is considering imposing a tax on unsold apartments in its search for ways to cool the city's red-hot housing market, a move that could unlock the supply of empty homes being hoarded by developers.

Straits Times

http://www.scmp.com/business/banking-finance/article/2137193/hkmc-says-its-mortgage-business-volume-rose-30pc-2017

HKMC hits back at critics who say it’s not helping first-time Hong Kong homebuyers

The government-owned agency said new figures show people are using its mortgage insurance scheme to buy flats worth under HK$4 million

http://www.scmp.com/news/hong-kong/economy/article/2135340/new-land-sale-rule-may-help-cool-hong-kongs-overheated

New land sale rule may help to cool Hong Kong’s overheated property market

The government will publish all offers tendered for a plot rather than just winning figure – a move that could curb overly aggressive bidding

http://www.scmp.com/property/hong-kong-china/article/2134275/chinese-estates-profit-tumbles-42pc-rentals-fall-after

Chinese Estates profit tumbles 42pc after former chairman’s asset sell-offs

Developer sold rental income generating properties in Hong Kong, Shenzhen and Shanghai as part of the restructuring