Housing prices | South China Morning Post
  • Fri
  • Jan 30, 2015
  • Updated: 10:54am

Housing prices

China Digest, February 12, 2013

Travel agencies in Jiangsu say their business has suffered after the central government waived highway tolls during the Lunar New Year holiday.

Tuesday, 12 February, 2013, 6:09am

New round of mortgage tightening likely amid fears of property bubble

HKMA chief executive Norman Chan Tak-lam. Photo: Edward Wong

The Hong Kong Monetary Authority is poised to launch its sixth round of mortgage tightening measures since 2009 and has given its strongest warning yet of a bubble in the property market.

5 Feb 2013 - 4:54am 1 comment

US, China play with fire by manipulating housing prices

Illustration: Craig Stephens

Financial gloom pervades the global economy five years after crises struck in 2008. The medicine used to try to cure the malaise - bailing out failing banks and countries, flooding the financial markets with liquidity, and increasing government spending - are obviously not working.

11 Jan 2013 - 2:27am 1 comment

Hong Kong needs more home owners

The lives of many people in Hong Kong  seem to revolve around owning or buying property as a means of wealth creation. Photo: Nora Tam

Many people in Hong Kong are not optimistic about the future. They are unhappy with the government and the unaffordable home prices.

This discontent is not surprising as the lives of many seem to revolve around owning or buying property as a means of wealth creation, and to give them a sense of achievement.

3 Jan 2013 - 5:27am 1 comment

HKMA warns of risk to economy from soaring property prices

Hong Kong Monetary Authority has sounded another warning about the risk of runaway home prices to the economy. Photo: Sam Tsang

The Hong Kong Monetary Authority has sounded another warning about the risk of runaway home prices to the economy, which also faces a poor short-term outlook because of weak foreign demand.

20 Dec 2012 - 3:19am

IMF warns Hong Kong property market at risk of sharp fall

The IMF says the property sector is the main source of Hong Kong's economic risk. Photo: Sam Tsang

The International Monetary Fund warned yesterday that Hong Kong's property market faced the risk of a sharp correction as prices had doubled from the trough in 2008.

13 Dec 2012 - 3:34am

Hong Kong housing prices soar despite cooling steps

A car parking spot at The Arch, on top of the West Kowloon MTR station, sold for HK$2.2 million in July this year. Photo: K. Y. Cheng

Fewer homes are being sold and mortgages taken out thanks to the government's housing measures, but the steps have not put the brakes on prices.

5 Dec 2012 - 10:30am 4 comments

Business Digest, December 3, 2012

Australia is the world's biggest exporter of iron ore and coal.

Cooling moves take edge off home prices

3 Dec 2012 - 4:26am

The Week Explained: Space for car park investment

Bays of plenty: a good place to park your money. Photo: Bloomberg

There's a general rule of thumb for property investment which goes something like: "When hot property is in the news, the wise investor allows the newsmen to get on with it while they keep well away." This is all well and good but hot property news is a frequent event in Hong Kong and waiting for markets to cool can take a very long time indeed.

3 Dec 2012 - 4:26am

Posh property expensive? It's Hong Kong meting out justice

Caring HK march to oppose the government's 'My Home Purchase Scheme' as they think it is not helpful in assisting sandwich class to buy flats. Photo: Edward Wong

Let's talk about pricey property in Hong Kong. At the latest official count, 765,000 flats in this city have an average monthly rent of about HK$1,200 apiece. Pricey?

25 Nov 2012 - 2:06am 7 comments

Inventory may hold back prices of mainland real estate

Home prices rose in 35 of 70 mainland cities last month, according to official statistics. Photo: Bloomberg

Increased property sales, stabilising home prices, and aggressive land purchases by major developers all point to a positive outlook for the mainland real estate market, say property analysts.

21 Nov 2012 - 3:18am

The great attraction of cash extraction

The great attraction of cash extraction

It's still too early for any hard numbers telling us about the impact of the latest government measures aimed at making Hong Kong property more affordable for local buyers.

15 Nov 2012 - 5:02am

British property prices make rebound from post-Olympic slump

British house prices rose for the first time in five months in October.

British house prices rose for the first time in five months in October as the market rebounded from a post-Olympic slump, research consultancy Acadametrics said.

14 Nov 2012 - 3:22am

Beijing will try to control property prices without stifling growth

A housing complex under construction in Ordos, Inner Mongolia. Speculation has sent property prices soaring in the area. Photo: EPA

The incoming fifth-generation party and national leadership in Beijing undoubtedly wishes to start its term on a positive note. But in approaching the task of jump-starting China's economy and pulling it out of its present rut, it will have considerably less room to manoeuvre than did the outgoing leaders.

14 Nov 2012 - 3:22am

The Week Explained: Unintended Consequences

Cooling the housing market heats up commercial speculation. Photo: AFP

At best the new government plan to cool housing prices has only a small chance of success. But for those of us at the battered end of the small and medium enterprise spectrum, it is not only a failure but one that is producing damaging effects.

This is because the iron rule of unintended consequences has already kicked in.

12 Nov 2012 - 2:31am

Pages