China Evergrande Group’s founder and former chairman Hui Ka-yan during a company event in Hong Kong on March 26, 2018. Photo: David Wong
China Evergrande Group

What’s next for Hui Ka-yan after penalty and lifelong market ban?

2 hours ago

Evergrande, which has the dubious honour as the world’s most indebted developer with more than US$300 billion of liabilities, stands accused of inflating its revenue in the years leading up to its collapse.

China Evergrande Group’s founder and former chairman Hui Ka-yan during a company event in Hong Kong on March 26, 2018. Photo: David Wong

What’s next for Hui Ka-yan after penalty and lifelong market ban?

Evergrande, which has the dubious honour as the world’s most indebted developer with more than US$300 billion of liabilities, stands accused of inflating its revenue in the years leading up to its collapse.

2 hours ago

Hong Kong property downturn not yet over, prices to fall by up to 10%: S&P

Hong Kong’s current property market downturn is cyclical and not structural, with home prices set to decline by as much as 10 per cent this year as elevated interest rates keep demand in check, S&P says

18 Mar 2024 - 9:32PM

China property: rate of decline in investment slows, official statistics show

In January and February, property investment declined 9 per cent year on year, slightly slower than the drop in 2023, according to official statistics.

18 Mar 2024 - 5:36PM
A billboard advertising mortgages is seen in Hong Kong. The city dropped all property curbs last month in a bid to boost buying sentiment. Photo: AFP

Hong Kong property downturn not yet over, prices to fall by up to 10%: S&P

Hong Kong’s current property market downturn is cyclical and not structural, with home prices set to decline by as much as 10 per cent this year as elevated interest rates keep demand in check, S&P says

18 Mar 2024 - 9:32PM
China property

China property: rate of decline in investment slows, official statistics show

In January and February, property investment declined 9 per cent year on year, slightly slower than the drop in 2023, according to official statistics.

In January and February, property investment declined 9 per cent year on year, slightly slower than the drop in 2023, according to official statistics.

18 Mar 2024 - 5:36PM
Hong Kong property

exclusive | Gaw Capital bets on Vietnam, Mexico and US opportunities to offset China woes

Gaw Capital Partners, one of Hong Kong’s biggest real estate private-fund management firms, is focusing on logistics in Vietnam and Mexico, as well as the AI sector bailing out distressed office assets in the US, amid challenges to an economic recovery in mainland China.

Gaw Capital Partners, one of Hong Kong’s biggest real estate private-fund management firms, is focusing on logistics in Vietnam and Mexico, as well as the AI sector bailing out distressed office assets in the US, amid challenges to an economic recovery in mainland China.

18 Mar 2024 - 11:24AM

Japanese firms make the most of Hong Kong’s low rents, snap up retail spaces

Over the past two years, Japanese businesses have been the most active among foreign firms in terms of leasing retail spaces in Hong Kong, according to data compiled by JLL.

18 Mar 2024 - 8:42AM
Japanese firms make the most of Hong Kong’s low rents, snap up retail spaces

Buyers snap up new flats in Kowloon Bay project as curb-free market rebounds

Some 238 of the 336 units available in the first batch at Uptown East in Kowloon Bay, worth about US$179 million, found buyers as of 6pm on Sunday, in a sign that the removal of all market-cooling measures has revived demand in Hong Kong.

17 Mar 2024 - 9:14PM
Buyers snap up new flats in Kowloon Bay project as curb-free market rebounds

exclusive | Gaw Capital bets on Vietnam, Mexico and US opportunities to offset China woes

Gaw Capital Partners, one of Hong Kong’s biggest real estate private-fund management firms, is focusing on logistics in Vietnam and Mexico, as well as the AI sector bailing out distressed office assets in the US, amid challenges to an economic recovery in mainland China.

18 Mar 2024 - 11:24AM

Japanese firms make the most of Hong Kong’s low rents, snap up retail spaces

Over the past two years, Japanese businesses have been the most active among foreign firms in terms of leasing retail spaces in Hong Kong, according to data compiled by JLL.

18 Mar 2024 - 8:42AM

Buyers snap up new flats in Kowloon Bay project as curb-free market rebounds

Some 238 of the 336 units available in the first batch at Uptown East in Kowloon Bay, worth about US$179 million, found buyers as of 6pm on Sunday, in a sign that the removal of all market-cooling measures has revived demand in Hong Kong.

17 Mar 2024 - 9:14PM

Hongkongers snub new home sales in Yau Tong amid weakening real estate market

The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.

The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.

4 Dec 2022 - 8:56PM

Hong Kong home price forecasts too bearish, JP Morgan says

Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.

Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.

2 Dec 2022 - 10:54AM

Green buildings in Hong Kong command the highest rental premium in Asia: JLL

Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.

Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.

30 Nov 2022 - 7:30AM

Hongkongers snub new home sales in Yau Tong amid weakening real estate market

The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.

The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.

4 Dec 2022 - 8:56PM

Hong Kong home price forecasts too bearish, JP Morgan says

Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.

Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.

2 Dec 2022 - 10:54AM

Green buildings in Hong Kong command the highest rental premium in Asia: JLL

Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.

Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.

30 Nov 2022 - 7:30AM

Property Spotlight

Property | OPINION
Office buildings in Hong Kong’s Central district are seen on March 12. The office sector is performing well in countries across the Asia-Pacific region, but concerns about influential markets elsewhere are keeping investors from making a move. Photo: Bloomberg

The View | Asia’s office sector is thriving, so where are the investors?

Office markets in Asia are performing well and the shift to hybrid working has had less of an impact, yet investment in the sector has fallen sharply. Asia’s office markets need a stronger narrative, one that differentiates the sector more clearly from its counterparts in the US and Europe.

18 Mar 2024 - 3:30PM

Opinion | For Hong Kong to reach net zero, rethink our air-conditioned glass boxes

The city’s buildings account for 90 per cent of all electricity used, and 60 per cent of carbon emissions. To reduce their carbon footprint, buildings should be designed to engage better with their environment through the warmer and cooler months.

The city’s buildings account for 90 per cent of all electricity used, and 60 per cent of carbon emissions. To reduce their carbon footprint, buildings should be designed to engage better with their environment through the warmer and cooler months.

10 Mar 2024 - 5:30AM
For Hong Kong to reach net zero, rethink our air-conditioned glass boxes

The View | Why Asian buyers’ love of Australia’s property market endures

Deteriorating affordability has left many Australians struggling in the housing market, but foreign buyers’ interest remains strong. Record migration, China’s housing crisis, Australia’s stability and Asian private wealth’s influence are driving the surge.

Deteriorating affordability has left many Australians struggling in the housing market, but foreign buyers’ interest remains strong. Record migration, China’s housing crisis, Australia’s stability and Asian private wealth’s influence are driving the surge.

4 Mar 2024 - 4:30PM
Why Asian buyers’ love of Australia’s property market endures

The View | Amid a property market crisis, China’s commercial real estate has held up

Given the bleak domestic and external backdrop, the strong performance of China’s commercial real estate investment market is remarkable. It shows that a solid domestic investor base, a sharper repricing of property values and policy support for key sectors can make a difference.

Given the bleak domestic and external backdrop, the strong performance of China’s commercial real estate investment market is remarkable. It shows that a solid domestic investor base, a sharper repricing of property values and policy support for key sectors can make a difference.

26 Feb 2024 - 3:15PM
Amid a property market crisis, China’s commercial real estate has held up

Opinion | Hong Kong land and housing supply must flow even in a downturn

Rather than be deterred by sluggish market sentiment, the government should adapt its approach to land creation and housing construction – by sequencing its development priorities, offering smaller land parcels, or turning more land over to building subsidised housing.

Rather than be deterred by sluggish market sentiment, the government should adapt its approach to land creation and housing construction – by sequencing its development priorities, offering smaller land parcels, or turning more land over to building subsidised housing.

14 Feb 2024 - 9:30AM
Hong Kong land and housing supply must flow even in a downturn
Australia has been hit hard by a lack of affordable housing. In Sydney, the most expensive city, apartment rents surged 11.7 per cent last year following an 18.6 per cent rise in 2022. Photo: Bloomberg

The View | Are Asia’s property markets too resilient for their own good?

Compared to markets in the US and Europe, both prices and rental yields have been slow to adjust. As a result, affordability has taken a hit and investors are thinking twice. Yet Asia’s strong underlying fundamentals are undoubtedly an asset.

12 Feb 2024 - 4:30PM
Residents walk through a partially shuttered Evergrande commercial complex in Beijing, on January 29. Photo: AP

Opinion | China must shield the rest of its economy from the property contagion

Beijing must let unsalvageable developers fail and, crucially, avoid saddling banks with bad loans. Short-term pain is preferable to infecting finance and creating a deeper, longer economic downturn.

6 Feb 2024 - 7:30PM
Office buildings in Hong Kong’s Central district are seen on March 12. The office sector is performing well in countries across the Asia-Pacific region, but concerns about influential markets elsewhere are keeping investors from making a move. Photo: Bloomberg

The View | Asia’s office sector is thriving, so where are the investors?

18 Mar 2024 - 3:30PM

The city’s buildings account for 90 per cent of all electricity used, and 60 per cent of carbon emissions. To reduce their carbon footprint, buildings should be designed to engage better with their environment through the warmer and cooler months.

10 Mar 2024 - 5:30AM