Lam Ka-sing

Lam Ka-sing is a business reporter who covers property affairs and results. He joined the Post in 2017 and has a degree in international journalism from Hong Kong Baptist University.
Lam Ka-sing
Lam Ka-sing is a business reporter who covers property affairs and results. He joined the Post in 2017 and has a degree in international journalism from Hong Kong Baptist University.

Latest from Lam Ka-sing

Hong Kong’s homebuyers return in droves as banks kept mortgage rates unchanged amid a dovish monetary policy
HK$10 billion Kai Tak site attracts six bids as firms say they are positive about Hong Kong housing market

Six developers have submitted tenders for a site in Kai Tak, Hong Kong’s Lands Department said on Friday, with companies saying they remained positive about the city’s housing sector.

22 Mar 2019 - 10:51PM

Six developers have submitted tenders for a site in Kai Tak, Hong Kong’s Lands Department said on Friday, with companies saying they remained positive about the city’s housing sector.

HK$10 billion Kai Tak site attracts six bids as firms say they are positive about Hong Kong housing market
Hong Kong home prices are back on the rise, stoked by dovish Fed

Anecdotal evidence suggests local home prices are rebounding in the wake of the US Federal Reserve’s decision to freeze further rate hikes, pause balance sheet unwind.

22 Mar 2019 - 2:00PM

Anecdotal evidence suggests local home prices are rebounding in the wake of the US Federal Reserve’s decision to freeze further rate hikes, pause balance sheet unwind.

Hong Kong home prices are back on the rise, stoked by dovish Fed
Hong Kong’s chief executive chimes in with concerns over housing affordability as dovish interest rates rekindle prices

Hong Kong Chief Executive Carrie Lam has chimed in with a growing chorus of concern about a recent rebound in the city’s home prices, a day after the Federal Reserve said it would not be increasing interest rates this year.

22 Mar 2019 - 4:20PM

Hong Kong Chief Executive Carrie Lam has chimed in with a growing chorus of concern about a recent rebound in the city’s home prices, a day after the Federal Reserve said it would not be increasing interest rates this year.

Hong Kong’s chief executive chimes in with concerns over housing affordability as dovish interest rates rekindle prices
Hong Kong-listed developer Shui On reports drop in earnings for 2018 and slashes sales target for this year

Hong Kong-listed property developer Shui On Land reported on Wednesday that its core earnings had dropped by 3 per cent to 3.06 billion yuan (US$457.09 million) for the year ending December 31, 2018.

21 Mar 2019 - 6:45AM

Hong Kong-listed property developer Shui On Land reported on Wednesday that its core earnings had dropped by 3 per cent to 3.06 billion yuan (US$457.09 million) for the year ending December 31, 2018.

Hong Kong-listed developer Shui On reports drop in earnings for 2018 and slashes sales target for this year
Embattled pay TV operator i-Cable makes another attempt to turn around a decade of losses with Guangdong network tie-up

Analysts remain sceptical of Hong Kong pay TV operator’s latest attempt to return to profitability

20 Mar 2019 - 6:45AM

Analysts remain sceptical of Hong Kong pay TV operator’s latest attempt to return to profitability

Embattled pay TV operator i-Cable makes another attempt to turn around a decade of losses with Guangdong network tie-up
This Hong Kong start-up gives flat owners a hassle-free way to tap the co-living trend

coliving.hk wants to make it possible for individual flat owners to rent their homes as co-living spaces.

19 Mar 2019 - 7:43PM

coliving.hk wants to make it possible for individual flat owners to rent their homes as co-living spaces.

This Hong Kong start-up gives flat owners a hassle-free way to tap the co-living trend
A tea maker called Blockchain Group?! Hong Kong firms fail to revive flagging stock market fortunes with far-fetched name changes

Blockchain Group, a traditional tea manufacturer formerly known as Ping Shan Tea Group, is one of many whose name change has failed to impress investors.

6 Mar 2019 - 2:39AM

Blockchain Group, a traditional tea manufacturer formerly known as Ping Shan Tea Group, is one of many whose name change has failed to impress investors.

A tea maker called Blockchain Group?! Hong Kong firms fail to revive flagging stock market fortunes with far-fetched name changes
Harbour City landlord Wharf REIC says fate of Hong Kong’s retail market depends on outcome of trade war
Everybody’s rushing for a Shenzhen address, betting tech investments will pick up in Greater Bay Area

Demand from tech firms for prime office space in Shenzhen will double to about 1.4 million square metres a year from 2020 to 2022 as tech firms rush to set up operations in China’s innovation hub, says JLL.

5 Mar 2019 - 7:32PM

Demand from tech firms for prime office space in Shenzhen will double to about 1.4 million square metres a year from 2020 to 2022 as tech firms rush to set up operations in China’s innovation hub, says JLL.

Everybody’s rushing for a Shenzhen address, betting tech investments will pick up in Greater Bay Area
China scraps valuation limit to kick-start Xi Jinping’s technology board for home-grown companies to raise capital
Hong Kong’s January home prices advance, take a breather from five-month decline
These two Hong Kong developers are set to release thousands of new homes this year to bolster profits

Sun Hung Kai Properties and New World Development say more than 3,600 homes will head to the market by year-end.

28 Feb 2019 - 3:52AM

Sun Hung Kai Properties and New World Development say more than 3,600 homes will head to the market by year-end.

These two Hong Kong developers are set to release thousands of new homes this year to bolster profits
New World’s first-half profit rises 29 per cent, propelled by surging home sales in Hong Kong’s property bull market

The company’s first-half core profit rose 29 per cent to HK$5.40 billion on the back of a 76 per cent surge in sales

27 Feb 2019 - 1:36PM

The company’s first-half core profit rose 29 per cent to HK$5.40 billion on the back of a 76 per cent surge in sales

New World’s first-half profit rises 29 per cent, propelled by surging home sales in Hong Kong’s property bull market
China liaison office increases its Hong Kong property portfolio to more than 280 flats after its latest purchase

The central government’s liaison office has acquired a sizeable real estate portfolio that includes more than 280 residential properties – without paying stamp duties.

26 Feb 2019 - 1:05PM

The central government’s liaison office has acquired a sizeable real estate portfolio that includes more than 280 residential properties – without paying stamp duties.

China liaison office increases its Hong Kong property portfolio to more than 280 flats after its latest purchase
Mainland developers face hard choices as the fizz goes out of the Hong Kong property boom

Mainland developers need to downwardly adjust their prices and profit expectations, according to analysts.

20 Feb 2019 - 11:27AM

Mainland developers need to downwardly adjust their prices and profit expectations, according to analysts.

Mainland developers face hard choices as the fizz goes out of the Hong Kong property boom
Sun Hung Kai Properties wins Tai Po land parcel at tender for HK$6.31 billion

The Tai Po land sale translates to HK$6,646 per square foot, higher than the range forecast by Knight Frank

18 Feb 2019 - 11:53AM

The Tai Po land sale translates to HK$6,646 per square foot, higher than the range forecast by Knight Frank

Sun Hung Kai Properties wins Tai Po land parcel at tender for HK$6.31 billion
Micro-sized housing project in Sham Shui Po offers discounts ... and cheapest new Hong Kong homes since 2016

The AVA 228 has priced the first 50 flats on offer at a level that equates to a double-digit percentage discount from similar projects.

15 Feb 2019 - 9:58AM

The AVA 228 has priced the first 50 flats on offer at a level that equates to a double-digit percentage discount from similar projects.

Micro-sized housing project in Sham Shui Po offers discounts ... and cheapest new Hong Kong homes since 2016
High data centre rents have allowed three firms to dominate US$883 million Hong Kong market
Brace for up to 20 per cent decline in Hong Kong home prices, CK Asset senior director says

Home prices could drop by up to 20 per cent in the next 22 months, as outlook darkens, says CK Asset executive director.

13 Feb 2019 - 9:55AM

Home prices could drop by up to 20 per cent in the next 22 months, as outlook darkens, says CK Asset executive director.

Brace for up to 20 per cent decline in Hong Kong home prices, CK Asset senior director says
Hong Kong’s glut of unsold flats could put more pressure on prices

Some developers may offer discounts of as much as 10 per cent as proposed vacancy tax looms

12 Feb 2019 - 9:56AM

Some developers may offer discounts of as much as 10 per cent as proposed vacancy tax looms

Hong Kong’s glut of unsold flats could put more pressure on prices
Is Hong Kong’s housing market recovering? Plot of land in Tai Po attracts more bids than expected

Developers signal faith in the market with their bids for a residential parcel of land in Pak Shek Kok, valued between HK$5.2 billion (US$663 million) and HK$6.2 billion

8 Feb 2019 - 10:55PM

Developers signal faith in the market with their bids for a residential parcel of land in Pak Shek Kok, valued between HK$5.2 billion (US$663 million) and HK$6.2 billion

Is Hong Kong’s housing market recovering? Plot of land in Tai Po attracts more bids than expected
Sales of used homes in Hong Kong gain momentum as owners slash prices

The number of transactions at 50 major private housing estates hit a 40-month high of 138 in the week ended February 3, according to Ricacorp Properties

7 Feb 2019 - 8:00AM

The number of transactions at 50 major private housing estates hit a 40-month high of 138 in the week ended February 3, according to Ricacorp Properties

Sales of used homes in Hong Kong gain momentum as owners slash prices
Hong Kong home sales grind to a near halt ahead of the Lunar New Year holiday

A seasonal slowdown in sales ahead of the Lunar New Year has been aggravated by concerns over the outlook for the housing market, analysts say

2 Feb 2019 - 8:33AM

A seasonal slowdown in sales ahead of the Lunar New Year has been aggravated by concerns over the outlook for the housing market, analysts say

Hong Kong home sales grind to a near halt ahead of the Lunar New Year holiday
HNA will sell its last Kai Tak parcel to Wheelock at a HK$550 million loss

This the fourth plot at the former Kai Tak airport to be sold by the once high-flying global buyer HNA.

1 Feb 2019 - 10:57PM

This the fourth plot at the former Kai Tak airport to be sold by the once high-flying global buyer HNA.

HNA will sell its last Kai Tak parcel to Wheelock at a HK$550 million loss
Negative equity rears head again as 262 homeowners see property values drop below outstanding loans
Hong Kong home prices gained just 1.6 per cent in 2018, ending the year down 9 per cent from July peak, government figures show

Prices fell by 2.4 per cent in December, wiping out virtually all the year’s gains, according to government data released on Thursday

31 Jan 2019 - 2:27PM

Prices fell by 2.4 per cent in December, wiping out virtually all the year’s gains, according to government data released on Thursday

Hong Kong home prices gained just 1.6 per cent in 2018, ending the year down 9 per cent from July peak, government figures show
First commercial plot on Kai Tak runway fails to take off as Hong Kong rejects all nine bids for site
Hang Lung reports 2018 underlying profit slumps 26 per cent amid fewer sales

Hang Lung Properties’ 2018 underlying profit totalled HK$4.09 billion, compared to HK$5.53 billion a year earlier

30 Jan 2019 - 11:02PM

Hang Lung Properties’ 2018 underlying profit totalled HK$4.09 billion, compared to HK$5.53 billion a year earlier

Hang Lung reports 2018 underlying profit slumps 26 per cent amid fewer sales
Next generation out to prove itself, will be more creative with property investment, says Savills

Young blood looking to prove itself will look for more creative ways of deriving income from real estate, as compared with the previous generation of rich Hong Kong families, according to global property services provider Savills.

30 Jan 2019 - 12:08PM

Young blood looking to prove itself will look for more creative ways of deriving income from real estate, as compared with the previous generation of rich Hong Kong families, according to global property services provider Savills.

Next generation out to prove itself, will be more creative with property investment, says Savills