Sales of homes on the secondary market fell to an 18-week low for the week ended June 3, data from estate agency Ricacorp Properties show.Wednesday, 6 June, 2012, 12:00am
The market rout and volatility in Asia, and around the world, is likely to lead to an increasing number of cornerstone tranches in IPOs.
Very much a feature of new listings in Hong Kong and, to a lesser extent, Singapore, cornerstone investors are large institutions that commit in advance to buying a fixed, pre-agreed allocation in a transaction.29 Aug 2011 - 12:00am
Investments overseas by deep-pocketed mainlanders will hit new records if the strong growth in the first half is maintained for the rest of the year.
While a second global financial crisis could stall some deals already in the pipeline, accounting giant PricewaterhouseCoopers said the outlook was still optimistic.16 Aug 2011 - 12:00am
Home sales in the secondary market dropped 23 per cent on the weekend as market sentiment was hit by tumbling stock prices around the globe and the announcement that the United States had lost its top-tier AAA credit rating from Standard & Poor's for the first time.8 Aug 2011 - 12:00am
With higher capital values and lower rentals, the office market in Shenzhen offers a lower yield than in Beijing and Shanghai. However, it still offers great potential from the angle of asset appreciation, according to Martin Chiu, managing director of CB Richard Ellis' (CBRE) Shenzhen office.31 May 2011 - 12:00am
Sales in the secondary market at 10 major housing estates rose 9.7 per cent to 102 transactions at the weekend, according to Centaline Property Agency. This compares with 93 deals in the previous weekend.17 Jan 2011 - 12:00am
Home sales in Hong Kong continued to slow with last week's sales volume in the secondary market setting a new low for the past 15 weeks.
Agents said the slowdown was led by the gap between asking and bid prices.
According to data complied by Ricacorp Properties, home sales have fallen for the past seven weeks.1 Sep 2010 - 12:00am
Home sales in Hong Kong's primary property market dropped more than 80 per cent at the weekend as the release by developers of newly launched projects slowed.10 Jun 2009 - 12:00am
Defaults on Hong Kong home sales agreements remain low for the moment - but if the market slowdown deepens the number of buyers walking away from contracts could grow significantly by the second quarter of next year, property experts have warned.8 Oct 2008 - 12:00am
Buyers in Hong Kong's property market remained in short supply last week against a troubled background of poor investor sentiment on the stock market.
Reflecting the uncertain mood, home seekers were adopting a wait-and-see attitude and deferring their buying decisions until they got a clearer picture of the market outlook, said agents.23 Jul 2008 - 12:00am
Home-buying fell 8.5 per cent to 8,281 deals last month but property agents expect a rebound when the government announces the official figures next month.
Sales activity and prices in the mass and luxury markets were expected to show a pick-up beginning last month, the agents said.4 Jun 2008 - 12:00am
Sales in Hong Kong's primary property market slumped to their second-lowest level this year over the weekend, with just 15 transactions concluded, or fewer than half the 35 units sold during the previous weekend, property agents said.16 Apr 2008 - 12:00am
The mainland's inbound and outbound mergers and acquisitions accelerated this year on the back of the country's strong economy, according to a report from PricewaterhouseCoopers.19 Dec 2007 - 12:00am
Secondary market property transactions are set to soar to a 10-year high for the month, driven by two rate cuts last month and a volatile Hong Kong stock market, property agents said.
However, sales of units in new developments will likely slow as the year draws to a close, due to an absence of big new projects coming to market.17 Dec 2007 - 12:00am
Homebuyers are not encouraged by last week's positive land auction result as transaction volumes in both the primary and secondary markets have declined, according to property agents.
The primary market recorded about 70 deals last week, dropping more than 30 per cent from a week earlier. The primary market recorded more than 100 transactions a week earlier.6 Jun 2007 - 12:00am