Real Estate

CE announces residential sites reserved for HK buyers

Chief Executive Leung Chun-ying. Photo: David Wong

Two sites at the former Kai Tak airport have been selected to build flats that will be sold only to Hong Kong buyers, Chief Executive Leung Chun-ying said on Thursday afternoon.

Thursday, 6 September, 2012, 6:41pm

HK housing market not at risk of a bubble, says Jones Lang LaSalle

Hong Kong is not at risk of a housing price bubble, and home prices should remain firm, supported by strong end-user demand and sound purchasing power, says property consultancy Jones Lang LaSalle.

6 Sep 2012 - 3:08am

Home prices in Melbourne tipped to fall further amid glut

Kew is one of the priciest suburbs of Melbourne, which remains the most expensive city in Australia. Photo: Bloomberg

Melbourne, where home prices have fallen more than in any other major Australian city, may see further declines as a record number of new developments approved in the boom years hit the market.

4 Sep 2012 - 11:45pm

Low rates, not lack of flats blowing Hong Kong's property bubble

Low rates, not lack of flats blowing Hong Kong's property bubble

On the question of affordability, it is clear that, just by looking at statistics comparing, for example, the rate of employment income increase and the rate of property prices increase or, for that matter, rental increase as well, affordability or the lack of it has become more serious.

Chief executive Leung Chun-ying, August 30

 

2 Sep 2012 - 4:49am

Lack of affordable housing is behind the Fa Yuen tragedy

The deadly blaze that claimed nine lives in a Mong Kok building last November rang an alarm bell about the safety of tens of thousands of subdivided flats in the city. Eight months later, however, the tragedy appears to have been largely forgotten.

31 Aug 2012 - 2:13am

Link Reit buy-back idea offers public a new lease on loss

Do you agree the government should buy back shares in The Link Reit to lower the rents of local businesses?SCMP survey question

Here is an idea that would do nothing to lower the rents of local businesses but a great deal to sting the public purse for another big loss. Let's start by setting the history of The Link Reit in perspective.

28 Aug 2012 - 5:10am

A reit one way to fund a third runway, but it's unlikely to be accepted

A reit one way to fund a third runway, but it's unlikely to be accepted

I have the answer to funding of the new third runway at the airport. It's a simple idea, won't cost the taxpayer a dollar and we can still include all the fancy bits that will help keep pink dolphins pink.

28 Apr 2015 - 10:58am

Guangzhou office prices at record high

The average price of prime office space in Guangzhou rose to a record high of 32,070 yuan (HK$39,300) per square metre in the second quarter, despite growing caution among investors about the outlook for the commercial property market.

The record-high figure, tracked by property consultancy Colliers International, was up 2.5 per cent on the average price in the first quarter.

29 Aug 2012 - 2:43pm

'Apply sale rules to all homes'

Many Hong Kong homebuyers are not getting what they think they are paying for, but a new law to come into effect next year may force developers to become more transparent about the true size of the new flats they put up for sale.

15 Aug 2012 - 11:11pm

Strategy leads to record profit

Profit at Fortune Real Estate Investment Trust (Fortune REIT) was up a record 20.3 per cent to HK$537.4 million in the first half of this year compared with the same period a year ago, as its growth strategy continued to deliver results.

15 Aug 2012 - 11:04pm

So you want to buy a reit?

These days, investing is all about income. Hardly a week goes by without the launch of some new income fund invested in bonds or high dividend stocks. The appeal is clear. With interest rates stuck at near zero and with share markets gripped by volatility, investors want safe, yield-generating instruments.

15 Aug 2012 - 11:03pm

Japan out as focus shifts to sweeter Asian equities

Many investors these days find themselves in a quandary, says Jeffrey Roskell, managing director at JF Asset Management's Pacific Regional Group. The prevailing mood is one of risk aversion, he says, but at the same time investors are also looking for income that might offset the effects of inflation.

15 Aug 2012 - 11:03pm

Home prices rise across mainland in July

Beijing's relaxation of monetary policy and its encouragement of flat purchases by first-time buyers lifted average property prices across 100 major mainland cities for a second month.

29 Aug 2012 - 2:43pm

Thinking outside the box for storage solutions

The problem of storage is something of an absurdity in Hong Kong. Despite a common lack of storage, shopping remains a prime pastime for many here. Something has to give.

But apartments won't suddenly double in size and the city's passion for fashion doesn't show any signs of abating. Which is why many rely on interior designers for solutions.

15 Aug 2012 - 10:43pm

Curbs warning as Home prices head for rebound

If recent land auctions across the mainland are anything to go by, the retreat in home prices this year could be due to turn, but some analysts warn that a full recovery might trigger new curbs on property demand and price growth.

Buoyant bidding from some cashed-up developers is lifting land prices in major cities and has spurred talk of a turnaround in sentiment.

25 Jul 2012 - 12:00am