Cheryl Arcibal

Hong Kong

Cheryl Arcibal

Reporter for Business

Before moving to Hong Kong, Cheryl covered the economy in her native Philippines.

Show more

Latest from Cheryl Arcibal

In Niseko, Hong Kong developer banks on luxury hotels, bullet train and Richard Li to ride ski resort boom

A Hong Kong-based luxury property developer is making Hanazono village in Niseko its next launch pad to profitability as the Japanese ski resort town grows in popularity.

11 Dec 2019 - 7:00AM

A Hong Kong-based luxury property developer is making Hanazono village in Niseko its next launch pad to profitability as the Japanese ski resort town grows in popularity.

In Niseko, Hong Kong developer banks on luxury hotels, bullet train and Richard Li to ride ski resort boom
Hong Kong luxury home prices expected to stay flat next year amid protest fears, says Knight Frank

Prime property prices in Singapore and Sydney expected to rise by 3 per cent and 4 per cent, respectively, according to a Knight Frank report.

7 Dec 2019 - 12:08PM

Prime property prices in Singapore and Sydney expected to rise by 3 per cent and 4 per cent, respectively, according to a Knight Frank report.

Hong Kong luxury home prices expected to stay flat next year amid protest fears, says Knight Frank
Manchester and Liverpool are an easy win for property buyers as second-tier UK cities edge out pricey London

Property developers are upbeat on the growth prospects of the two cities as there is a lot of foreign and government investment going into these areas while offering better yields and growth than London.

5 Dec 2019 - 9:47PM

Property developers are upbeat on the growth prospects of the two cities as there is a lot of foreign and government investment going into these areas while offering better yields and growth than London.

Manchester and Liverpool are an easy win for property buyers as second-tier UK cities edge out pricey London
Uncertainty caused by Hong Kong Human Rights and Democracy Act likely to dent surging Chinese demand for New York property, say agents

The legislation passed in Washington, which has angered Beijing, adds to the perception that the US does not welcome investment from China

4 Dec 2019 - 3:29PM

The legislation passed in Washington, which has angered Beijing, adds to the perception that the US does not welcome investment from China

Uncertainty caused by Hong Kong Human Rights and Democracy Act likely to dent surging Chinese demand for New York property, say agents
China’s hi-tech industries are driving demand for internet data centre facilities, enticing private equity funds

China’s march into fifth-generation mobile telecommunications technology and the booming e-commerce are elevating the value of internet data centres (IDCs), making them a viable investment for alternative asset managers.

3 Dec 2019 - 7:37PM

China’s march into fifth-generation mobile telecommunications technology and the booming e-commerce are elevating the value of internet data centres (IDCs), making them a viable investment for alternative asset managers.

China’s hi-tech industries are driving demand for internet data centre facilities, enticing private equity funds
Singapore better for entrepreneurs, Lion City-based ‘gov-tech’ firm Osome says as it eyes Hong Kong’s larger market

Singapore is more entrepreneur friendly than Hong Kong, according to Osome, which offers a paperless service that helps start-ups with registration and operations.

26 Nov 2019 - 9:46PM

Singapore is more entrepreneur friendly than Hong Kong, according to Osome, which offers a paperless service that helps start-ups with registration and operations.

Singapore better for entrepreneurs, Lion City-based ‘gov-tech’ firm Osome says as it eyes Hong Kong’s larger market
Hong Kong King Wai buys Portuguese digital bank BNI Europa, tapping opportunity as Hongkongers seek overseas residency amid political crisis

Hong Kong King Wai Group is motivated by Beijing’s push to forge closer business ties with Portuguese-speaking economies and Hongkongers seeking sanctuary abroad through property deals

25 Nov 2019 - 9:20AM

Hong Kong King Wai Group is motivated by Beijing’s push to forge closer business ties with Portuguese-speaking economies and Hongkongers seeking sanctuary abroad through property deals

Hong Kong King Wai buys Portuguese digital bank BNI Europa, tapping opportunity as Hongkongers seek overseas residency amid political crisis
Residential sales remain sluggish as Hong Kong homebuyers ‘stay on the sidelines’ to wait out anti-government protest crisis

Sluggish sales continue to hamper the housing market despite government initiatives to relax mortgage lending rules for first-time buyers.

23 Nov 2019 - 11:30PM

Sluggish sales continue to hamper the housing market despite government initiatives to relax mortgage lending rules for first-time buyers.

Residential sales remain sluggish as Hong Kong homebuyers ‘stay on the sidelines’ to wait out anti-government protest crisis
Hong Kong’s prime office rents fall by most in a decade as protests chill market, Chinese companies retreat

More than five months of social unrest in Hong Kong is starting to hurt prime office landlords with rent falling by the most in a decade as multinationals downsized and mainland Chinese firms retreated from the city.

22 Nov 2019 - 11:11PM

More than five months of social unrest in Hong Kong is starting to hurt prime office landlords with rent falling by the most in a decade as multinationals downsized and mainland Chinese firms retreated from the city.

Hong Kong’s prime office rents fall by most in a decade as protests chill market, Chinese companies retreat
Singapore investor first to bear the brunt of Hong Kong’s radical protests as vandals laid waste to Festival Walk mall in Kowloon

When anti-government protesters rampaged through the Festival Walk mall in Kowloon on November 12, they inadvertently dented one of Singapore’s biggest investments in the region.

20 Nov 2019 - 10:06AM

When anti-government protesters rampaged through the Festival Walk mall in Kowloon on November 12, they inadvertently dented one of Singapore’s biggest investments in the region.

Singapore investor first to bear the brunt of Hong Kong’s radical protests as vandals laid waste to Festival Walk mall in Kowloon
Hong Kong commercial property deals fall by a third as worsening political crisis saps appetite, says Real Capital Analytics

Hong Kong fell from second to fifth place in Real Capital Analytics’ global ranking of commercial real estate transactions, just ahead of Singapore which saw a surge

18 Nov 2019 - 10:57PM

Hong Kong fell from second to fifth place in Real Capital Analytics’ global ranking of commercial real estate transactions, just ahead of Singapore which saw a surge

Hong Kong commercial property deals fall by a third as worsening political crisis saps appetite, says Real Capital Analytics
Hong Kong malls landlord Link Reit is discussing rent relief with tenants at 10 protest-hit shopping centres, company says

Link Reit, Asia’s largest real estate investment trust, is discussing rent relief with tenants at 10 of its malls in Hong Kong, it said during the announcement of its interim results on Wednesday.

14 Nov 2019 - 3:29PM

Link Reit, Asia’s largest real estate investment trust, is discussing rent relief with tenants at 10 of its malls in Hong Kong, it said during the announcement of its interim results on Wednesday.

Hong Kong malls landlord Link Reit is discussing rent relief with tenants at 10 protest-hit shopping centres, company says
More Hong Kong investors are eyeing Spanish property as gateway to permanent residency in EU

Hong Kong buyers are discovering the investment opportunities Spain’s property market has to offer, as well as the route it provides to permanent residency in the European Union.

5 Nov 2019 - 7:30PM

Hong Kong buyers are discovering the investment opportunities Spain’s property market has to offer, as well as the route it provides to permanent residency in the European Union.

More Hong Kong investors are eyeing Spanish property as gateway to permanent residency in EU
Hong Kong’s wealthy enclaves are burnishing their safe-haven status as home prices tumble in protest flashpoints

Average home prices in Mid-Levels, The Peak and Pok Fu Lam have held up or bucked the pessimism in Hong Kong’s residential market, according to data from some property consultants.

3 Nov 2019 - 12:23AM

Average home prices in Mid-Levels, The Peak and Pok Fu Lam have held up or bucked the pessimism in Hong Kong’s residential market, according to data from some property consultants.

Hong Kong’s wealthy enclaves are burnishing their safe-haven status as home prices tumble in protest flashpoints
Malaysia wants wealthy Hong Kong, mainland China investors to absorb US$8.9 billion residential property market oversupply

Malaysia is seeking to avert a housing market crisis by luring foreign buyers to its rising stock of unsold homes, targeting wealthy Chinese and Hong Kong residents with fast-track residency visas.

30 Oct 2019 - 12:18PM

Malaysia is seeking to avert a housing market crisis by luring foreign buyers to its rising stock of unsold homes, targeting wealthy Chinese and Hong Kong residents with fast-track residency visas.

Malaysia wants wealthy Hong Kong, mainland China investors to absorb US$8.9 billion residential property market oversupply
Japanese residential property emerges as safe haven amid US-China trade war, geopolitical uncertainties

The number of big, foreign investors flocking to Japan’s residential property market has risen by half from a year ago, as global funds seek safe havens amid mounting uncertainties, according to Hideaki Suzuki, director and head of research and consulting, Japan at Cushman & Wakefield.

29 Oct 2019 - 7:42PM

The number of big, foreign investors flocking to Japan’s residential property market has risen by half from a year ago, as global funds seek safe havens amid mounting uncertainties, according to Hideaki Suzuki, director and head of research and consulting, Japan at Cushman & Wakefield.

Japanese residential property emerges as safe haven amid US-China trade war, geopolitical uncertainties
China Evergrande’s Emerald Bay housing project in Tuen Mun is a sell-out as buyers find low prices, discounts hard to resist

The mainland developer sold all 167 flats on offer at its first housing project in Hong Kong

29 Oct 2019 - 7:00AM

The mainland developer sold all 167 flats on offer at its first housing project in Hong Kong

China Evergrande’s Emerald Bay housing project in Tuen Mun is a sell-out as buyers find low prices, discounts hard to resist
Your bedroom is all that’s your own, but big ‘co-living’ units are proving so popular that operators are rushing to boost supply

Co-living is still in its infancy, but ‘take-up has been strong so far,’ said Barry Chung, a senior associate director at Savills Hong Kong, ‘with many of the operators currently recording over 90 per cent occupancy rates.’

23 Oct 2019 - 8:32AM

Co-living is still in its infancy, but ‘take-up has been strong so far,’ said Barry Chung, a senior associate director at Savills Hong Kong, ‘with many of the operators currently recording over 90 per cent occupancy rates.’

Your bedroom is all that’s your own, but big ‘co-living’ units are proving so popular that operators are rushing to boost supply
Chinese investors make a beeline for Vietnam’s luxury real estate, until their passports run into a wall over South China Sea dispute

While Vietnam has become less attractive for people from mainland China, Hongkongers and other Asian buyers are picking up the slack.

16 Oct 2019 - 9:32AM

While Vietnam has become less attractive for people from mainland China, Hongkongers and other Asian buyers are picking up the slack.

Chinese investors make a beeline for Vietnam’s luxury real estate, until their passports run into a wall over South China Sea dispute
Portugal’s property market gains from Hongkongers looking for golden visa, safe haven amid protest chaos

An increase in demand from Hongkongers has prompted property agents from Lisbon to travel to the troubled city to pitch to potential buyers.

15 Oct 2019 - 7:44PM

An increase in demand from Hongkongers has prompted property agents from Lisbon to travel to the troubled city to pitch to potential buyers.

Portugal’s property market gains from Hongkongers looking for golden visa, safe haven amid protest chaos
Hotel revenues could halve, warns S&P, as conference participants, tourists give protest-hit Hong Kong a miss

The rates hotels offer to host meetings, conferences and exhibitions are down by more than a quarter as events are cancelled or postponed.

14 Oct 2019 - 11:06AM

The rates hotels offer to host meetings, conferences and exhibitions are down by more than a quarter as events are cancelled or postponed.

Hotel revenues could halve, warns S&P, as conference participants, tourists give protest-hit Hong Kong a miss
Indonesia to tap foreign investors for development of new political seat in East Kalimantan

Indonesia’s plan to move its capital from Jakarta to East Kalimantan will open up new opportunities for foreign investors, including those from Hong Kong and mainland China.

9 Oct 2019 - 7:39AM

Indonesia’s plan to move its capital from Jakarta to East Kalimantan will open up new opportunities for foreign investors, including those from Hong Kong and mainland China.

Indonesia to tap foreign investors for development of new political seat in East Kalimantan
Hongkongers’ record-high immigration inquiries amid growing unrest prompt Irish developer to set up shop in city

Irish developer Bartra Capital says it is helping Hongkongers to qualify for resident visas under the country’s Immigrant Investor Programme.

2 Oct 2019 - 9:23AM

Irish developer Bartra Capital says it is helping Hongkongers to qualify for resident visas under the country’s Immigrant Investor Programme.

Hongkongers’ record-high immigration inquiries amid growing unrest prompt Irish developer to set up shop in city
Singapore’s home sales soar in one of the world’s hottest real estate markets, driven by demand by Hong Kong, China investors

The record sales to foreigners underscore how the Lion City has become one of the hottest residential property markets on the planet, driven by Hong Kong and Chinese investors.

25 Sep 2019 - 2:18PM

The record sales to foreigners underscore how the Lion City has become one of the hottest residential property markets on the planet, driven by Hong Kong and Chinese investors.

Singapore’s home sales soar in one of the world’s hottest real estate markets, driven by demand by Hong Kong, China investors
Looking to invest in London property? Wait for stamp duty to be cut next spring, says fund manager

While the pound may have by then recovered some of its lost value, the savings from paying the lower tax will be bigger, according to Evans Randall

25 Sep 2019 - 2:19PM

While the pound may have by then recovered some of its lost value, the savings from paying the lower tax will be bigger, according to Evans Randall

Looking to invest in London property? Wait for stamp duty to be cut next spring, says fund manager
Mainlanders, Hongkongers increasingly looking to work and buy homes in Beethoven’s Vienna. But it is not easy to pull off

Despite the high bar to get to live in Austria’s capital, whose residents have included Mozart and Beethoven, residential property agents say they are getting more inquiries from Hong Kong and mainland China.

18 Sep 2019 - 9:37AM

Despite the high bar to get to live in Austria’s capital, whose residents have included Mozart and Beethoven, residential property agents say they are getting more inquiries from Hong Kong and mainland China.

Mainlanders, Hongkongers increasingly looking to work and buy homes in Beethoven’s Vienna. But it is not easy to pull off
Australian co-working firm Victory Offices braves ‘overcrowded’ Hong Kong market to open space in iconic The Center

In its first overseas foray, Australia’s Victory Offices has leased a 25,000-square-foot space near the top of Hong Kong’s iconic The Center

17 Sep 2019 - 4:39PM

In its first overseas foray, Australia’s Victory Offices has leased a 25,000-square-foot space near the top of Hong Kong’s iconic The Center

Australian co-working firm Victory Offices braves ‘overcrowded’ Hong Kong market to open space in iconic The Center
Hong Kong government to sell off site on top of West Kowloon station expected to fetch record US$11.5 billion

The six-hectare commercial site on top of West Kowloon high-speed rail terminus is expected to fetch a record price of about HK$90 billion (US$11.5 billion)

15 Sep 2019 - 12:02AM

The six-hectare commercial site on top of West Kowloon high-speed rail terminus is expected to fetch a record price of about HK$90 billion (US$11.5 billion)

Hong Kong government to sell off site on top of West Kowloon station expected to fetch record US$11.5 billion
Hong Kong Companies Registry website falls victim to glitch as ‘hardware problem’ brings down electronic registration service

The e-Registry, a 24-hour portal that accepts applications for registration of businesses, was down from 7am to around 12.30pm on Thursday

13 Sep 2019 - 4:45AM

The e-Registry, a 24-hour portal that accepts applications for registration of businesses, was down from 7am to around 12.30pm on Thursday

Hong Kong Companies Registry website falls victim to glitch as ‘hardware problem’ brings down electronic registration service
Hong Kong protests spook owners of co-working space operator The Executive Centre, who shelve planned US$750 million sale

The decision of TEC shareholders HPEF and CVC Capital Partners to pause their US$750 million disposal of the co-working operator was ‘sensible’ given the social unrest rocking Hong Kong, says chief executive

11 Sep 2019 - 9:44PM

The decision of TEC shareholders HPEF and CVC Capital Partners to pause their US$750 million disposal of the co-working operator was ‘sensible’ given the social unrest rocking Hong Kong, says chief executive

Hong Kong protests spook owners of co-working space operator The Executive Centre, who shelve planned US$750 million sale