The euro-zone crisis, volatile markets and slowing mainland growth are taking a toll on the property market in Hong Kong.Thursday, 5 July, 2012, 12:00am
The euro-zone crisis, volatile markets and slowing mainland growth are taking a toll on the property market in Hong Kong.
As the number and value of property transactions slump to four-month lows, would-be homebuyers are becoming increasingly worried prices are due for a correction.5 Jul 2012 - 12:00am
Midland Holdings' former deputy chairman has denied market speculation that he orchestrated a protest in February by hundreds of property agents who demanded full payment of their commissions.
Albert Wong Kam-hong says he was then taking care of his dying son at a hospital.
'The accusation is unfounded and defamatory,' Wong said.4 May 2012 - 12:00am
Wheelock Properties will offer partly built luxury flats in a block in Western district at prices up to 30 per cent below those in the secondary market in an attempt lure purchasers despite weakening buyer interest and falling transactions.15 Feb 2012 - 12:00am
The proportion of new small and medium-sized homes in Hong Kong bought by mainlanders dropped 11 percentage points in the last quarter of 2011 as developers offered discounts to draw more Hong Kong home seekers into the market, a survey conducted by Centaline Property Agency shows.8 Feb 2012 - 12:00am
Small mainland developer Kai Shi China, which owns two residential projects near Dalian, is tapping the Hong Kong equity market as it battles rising interest rates and tightening credit conditions in its home market.30 Dec 2011 - 12:00am
Hong Kong-listed Country Garden Holdings, which reported a more than 62 per cent jump in interim profits yesterday, said it would speed up buying of land since government moves to cool the property market would create more acquisition opportunities.17 Aug 2011 - 12:00am
For many young couples, the dream of owning a new one-bedroom flat in an urban area appears to be growing more distant than ever - even though the government has warned it would impose more measures to rein in soaring prices if necessary.25 May 2011 - 12:00am