Pearl Liu

Based in Hong Kong, Pearl covers the property market in the city and China and follows major listed developers. She previously worked at The Straits Times and has also contributed stories to China Daily.
Pearl Liu
Based in Hong Kong, Pearl covers the property market in the city and China and follows major listed developers. She previously worked at The Straits Times and has also contributed stories to China Daily.

Latest from Pearl Liu

Expect more property cooling measures in Hong Kong ... but don’t expect them to work, says JPMorgan

To regain effectiveness, the government should raise the 15 per cent stamp duty or further restrict second-home buyers, says the US investment bank.

24 May 2019 - 2:41PM

To regain effectiveness, the government should raise the 15 per cent stamp duty or further restrict second-home buyers, says the US investment bank.

Expect more property cooling measures in Hong Kong ... but don’t expect them to work, says JPMorgan
China’s beleaguered peer-to-peer lending market will get a boost from Greater Bay Area development, says DBS Bank

By P2P lending will be the fifth-fastest growing industry in the new economic hub, the Singaporean bank estimates

22 May 2019 - 10:39PM

By P2P lending will be the fifth-fastest growing industry in the new economic hub, the Singaporean bank estimates

China’s beleaguered peer-to-peer lending market will get a boost from Greater Bay Area development, says DBS Bank
Tightened mortgage lending has pushed Hongkongers into arms of cash-rich developers and their expensive property loans

Developers woo buyers with financing plans that cover more of a property’s value than the maximum offered by banks.

22 May 2019 - 8:06AM

Developers woo buyers with financing plans that cover more of a property’s value than the maximum offered by banks.

Tightened mortgage lending has pushed Hongkongers into arms of cash-rich developers and their expensive property loans
Li Hejun, once China’s richest man, gets approval from shareholders to take troubled Hanergy unit private

Hanergy Thin Film’s shares were suspended four years ago when they suddenly shed about half their value in an hour

19 May 2019 - 10:30PM

Hanergy Thin Film’s shares were suspended four years ago when they suddenly shed about half their value in an hour

Li Hejun, once China’s richest man, gets approval from shareholders to take troubled  Hanergy unit private
Is a government scheme to boost Hong Kong’s public housing accidentally pushing up home prices?

Analysts say a recent move by the government to boost affordable housing may have pushed prices even higher

18 May 2019 - 10:53AM

Analysts say a recent move by the government to boost affordable housing may have pushed prices even higher

Is a government scheme to boost Hong Kong’s public housing accidentally pushing up home prices?
First seafront commercial plot of land on Kai Tak runway sells for record HK$11.1 billion

The first seafront commercial plot of land on the runway of Hong Kong’s former airport, Kai Tak, has sold for a record HK$11.1 billion (US$1.41 billion), the city’s Lands Department said on Wednesday.

15 May 2019 - 10:59PM

The first seafront commercial plot of land on the runway of Hong Kong’s former airport, Kai Tak, has sold for a record HK$11.1 billion (US$1.41 billion), the city’s Lands Department said on Wednesday.

First seafront commercial plot of land on Kai Tak runway sells for record HK$11.1 billion
Few takers for flats priced above HK$10 million at Centra Horizon in Tai Po as buyers’ confidence takes a hit

Billion Development and Project Management only managed to sell 160 out of 307 flats on offer at its housing project in Pak Shek Kok on Monday.

13 May 2019 - 9:55PM

Billion Development and Project Management only managed to sell 160 out of 307 flats on offer at its housing project in Pak Shek Kok on Monday.

Few takers for flats priced above HK$10 million at Centra Horizon in Tai Po as buyers’ confidence takes a hit
Developers are lukewarm on Kai Tak’s commercial plot as trade war impasse creates an anticlimax to a week of record home sales
Kai Tak’s third-largest oceanfront plot sells for a district record HK$12.6 billion as developers snap up land in Hong Kong’s property bull run

A consortium of six developers agreed to pay a record HK$12.6 billion for the third-largest plot of residential land on the former Kai Tak airport’s runway

8 May 2019 - 12:13PM

A consortium of six developers agreed to pay a record HK$12.6 billion for the third-largest plot of residential land on the former Kai Tak airport’s runway

Kai Tak’s third-largest oceanfront plot sells for a district record HK$12.6 billion as developers snap up land in Hong Kong’s property bull run
Hong Kong’s ‘sandwich class’ flats are in the spotlight as buyers snap up Tsing Yi abode for fear of missing out on property bull run

Sale of a 706 sq ft flat at the 24-year-old Tivoli Garden in Tsing Yi beats previous record of HK$9.85 million for a 712 sq ft flat sold in the same estate last July.

9 May 2019 - 3:47PM

Sale of a 706 sq ft flat at the 24-year-old Tivoli Garden in Tsing Yi beats previous record of HK$9.85 million for a 712 sq ft flat sold in the same estate last July.

Hong Kong’s ‘sandwich class’ flats are in the spotlight as buyers snap up Tsing Yi abode for fear of missing out on property bull run
Shenzhen to adopt Singapore housing policy and drop Hong Kong model

Shenzhen plans to offer 1 million homes at as low as half of the prevailing market rate, according to a policy paper released last month.

6 May 2019 - 6:06PM

Shenzhen plans to offer 1 million homes at as low as half of the prevailing market rate, according to a policy paper released last month.

Shenzhen to adopt Singapore housing policy and drop Hong Kong model
Developers rush to bid for Kai Tak’s latest residential land plot as bull market returns to Hong Kong’s real estate

After the US Federal Reserve’s dovish interest rate policy ended Hong Kong’s five-month price correction, the galloping bull is firmly in control of the city’s home market, as shown by rising prices and transactions data

6 May 2019 - 12:00PM

After the US Federal Reserve’s dovish interest rate policy ended Hong Kong’s five-month price correction, the galloping bull is firmly in control of the city’s home market, as shown by rising prices and transactions data

Developers rush to bid for Kai Tak’s latest residential land plot as bull market returns to Hong Kong’s real estate
Sales of pre-owned homes in Hong Kong surge to eight-year high as panicked buyers rush to beat rising prices

‘Buyers are afraid that if they don’t buy now, they will miss the boat once prices rise further,’ said Sammy Po of Midland Realty.

3 May 2019 - 10:08AM

‘Buyers are afraid that if they don’t buy now, they will miss the boat once prices rise further,’ said Sammy Po of Midland Realty.

Sales of pre-owned homes in Hong Kong surge to eight-year high as panicked buyers rush to beat rising prices
Hong Kong co-working space too crowded, some operators may pull back in 2019, Savills says

Hong Kong has too many co-working spaces following rapid expansion in the sector, and some operators will withdraw from what has become a highly competitive market, industry analysts say.

16 Apr 2019 - 7:25PM

Hong Kong has too many co-working spaces following rapid expansion in the sector, and some operators will withdraw from what has become a highly competitive market, industry analysts say.

Hong Kong co-working space too crowded, some operators may pull back in 2019, Savills says
China’s technology hub Shenzhen joins the ranks of the world’s five most expensive cities for owning residential property

The average cost of owning a home in Hong Kong rose 5.5 per cent last year to HK$9.4 million (US$1.2 million), but fast growing Shenzhen has emerged on the list for the first time, ranking No 5.

13 Apr 2019 - 9:17PM

The average cost of owning a home in Hong Kong rose 5.5 per cent last year to HK$9.4 million (US$1.2 million), but fast growing Shenzhen has emerged on the list for the first time, ranking No 5.

China’s technology hub Shenzhen joins the ranks of the world’s five most expensive cities for owning residential property
Hong Kong’s slide down ranks of cities with highest global construction costs to boost developers

The city’s average cost of construction rose by just 1 per cent, contributing to a slip from third place in 2017 to fifth last year. The slower growth rate is expected to boost developers and builders amid a climate of uncertainty.

12 Apr 2019 - 7:31AM

The city’s average cost of construction rose by just 1 per cent, contributing to a slip from third place in 2017 to fifth last year. The slower growth rate is expected to boost developers and builders amid a climate of uncertainty.

Hong Kong’s slide down ranks of cities with highest global construction costs  to boost developers
Hong Kong developer Chinachem sues co-working operator Kr Space for failing to execute One Hennessy lease

Hong Kong developer Chinachem Group is suing Kr Space, one of mainland China’s largest co-working space operators, after the company failed to take up seven floors at the One Hennessy building in Wan Chai, in breach of contract.

10 Apr 2019 - 10:42PM

Hong Kong developer Chinachem Group is suing Kr Space, one of mainland China’s largest co-working space operators, after the company failed to take up seven floors at the One Hennessy building in Wan Chai, in breach of contract.

Hong Kong developer Chinachem sues co-working operator Kr Space for failing to execute One Hennessy lease
Macau group targets rich Hong Kong retirees with promise of better quality of life in Greater Bay Area

Serensia Woods, a 300-unit retirement community in Zhuhai’s Hengqin area, is equipped with two treatment centres with more than 400 nurses and doctors providing a range of treatments and other facilities.

10 Apr 2019 - 7:30AM

Serensia Woods, a 300-unit retirement community in Zhuhai’s Hengqin area, is equipped with two treatment centres with more than 400 nurses and doctors providing a range of treatments and other facilities.

Macau group targets rich Hong Kong retirees with promise of better quality of life in Greater Bay Area
From a hotel in a hole to China’s tallest tower, Shimao heir apparent ditches cookie cutter for landmark buildings

After turning an abandoned quarry in Shanghai into the InterContinental Shanghai Wonderland Hotel, Jason Hui Sai-tan has set his sights on what is expected to be China’s tallest building, a 700-metre office tower in Shenzhen.

7 Apr 2019 - 9:32PM

After turning an abandoned quarry in Shanghai into the InterContinental Shanghai Wonderland Hotel, Jason Hui Sai-tan has set his sights on what is expected to be China’s tallest building, a 700-metre office tower in Shenzhen.

From a hotel in a hole to China’s tallest tower, Shimao heir apparent ditches cookie cutter for landmark buildings
Hong Kong developers to flood market with more than 9,000 homes in second quarter amid improving sentiment

Analysts say that although developers have been waiting patiently for sentiment to improve, competition will be fierce as they will offer discounts to lure buyers.

4 Apr 2019 - 8:32AM

Analysts say that although developers have been waiting patiently for sentiment to improve, competition will be fierce as they will offer discounts to lure buyers.

Hong Kong developers to flood market with more than 9,000 homes in second quarter amid improving sentiment
Sunac, China’s fourth-largest property developer, recorded highest selling price among ‘Big Five’ companies last year

Sunac China, the country’s fourth-largest property developer by sales, recorded the highest average selling price – 15,200 yuan per square metre – last year.

3 Apr 2019 - 7:00AM

Sunac China, the country’s fourth-largest property developer by sales, recorded the highest average selling price – 15,200 yuan per square metre – last year.

Sunac, China’s fourth-largest property developer, recorded highest selling price among ‘Big Five’ companies last year
Tencent to grant directors powers to buy back up to 10 per cent of company’s shares

Buy-back will spur a rally in Tencent’s stock price as it shows the management is confident in the company’s fundamentals, says Norman Hui, analyst with Zhongtai International Securities

2 Apr 2019 - 3:32PM

Buy-back will spur a rally in Tencent’s stock price as it shows the management is confident in the company’s fundamentals, says Norman Hui, analyst with Zhongtai International Securities

Tencent to grant directors powers to buy back up to 10 per cent of company’s shares
Beijing unlikely to loosen property price controls, says Sun Hongbin, boss of construction giant Sunac China

Expectations of looser price controls have been building as the slowing economy has piled pressure on local governments to seek growth from the property sector

29 Mar 2019 - 10:13PM

Expectations of looser price controls have been building as the slowing economy has piled pressure on local governments to seek growth from the property sector

Beijing unlikely to loosen property price controls, says Sun Hongbin, boss of construction giant Sunac China
Property giant China Vanke aims to raise US$1 billion in new shares sale as it prepares ‘to survive’ housing market slump

Mainland China’s second-largest developer said it will place 263 million new shares on the Hong Kong stock exchange at HK$29.68 apiece

28 Mar 2019 - 10:59PM

Mainland China’s second-largest developer said it will place 263 million new shares on the Hong Kong stock exchange at HK$29.68 apiece

Property giant China Vanke aims to raise US$1 billion in new shares sale as it prepares ‘to survive’ housing market slump
Former Hong Kong airport site sells at low end of expectations, signalling caution as major developers scout for residential land

The largest residential site at the former Kai Tak airport has been sold to a consortium of four major developers for HK$9.89 billion (US$1.26 billion)

28 Mar 2019 - 3:48PM

The largest residential site at the former Kai Tak airport has been sold to a consortium of four major developers for HK$9.89 billion (US$1.26 billion)

Former Hong Kong airport site sells at low end of expectations, signalling caution as major developers scout for residential land
China Evergrande and China Vanke report profit gains and high debt ratios during 2018
  • Evergrande’s 2018 core profit jumped 93.3 per cent to 78.32 billion yuan, while China Vanke’s net profit surged 20.4 per cent to 33.77 billion yuan
27 Mar 2019 - 7:15AM
  • Evergrande’s 2018 core profit jumped 93.3 per cent to 78.32 billion yuan, while China Vanke’s net profit surged 20.4 per cent to 33.77 billion yuan
China Evergrande and China Vanke report profit gains and high debt ratios during 2018
Is the correction in Hong Kong’s home prices over? More than half of market observers think so

Some 57 per cent of respondents interviewed by the Post expect property prices to rise by up to 15 per cent this year, while the rest see prices falling by as much as 5 per cent.

29 Mar 2019 - 1:24PM

Some 57 per cent of respondents interviewed by the Post expect property prices to rise by up to 15 per cent this year, while the rest see prices falling by as much as 5 per cent.

Is the correction in Hong Kong’s home prices over? More than half of market observers think so
What should investors expect as China Vanke, China Evergrande get ready to announce results?

Analysts like both China Vanke and China Evergrande. But the China developers have already seen big run-ups in their share prices this year.

23 Mar 2019 - 8:34AM

Analysts like both China Vanke and China Evergrande. But the China developers have already seen big run-ups in their share prices this year.

What should investors expect as China Vanke, China Evergrande get ready to announce results?
Evergrande Health vows to challenge the likes of Tesla, become the world’s biggest electric vehicle maker

Evergrande Health Group said on Friday it aims to become the world’s largest maker of new generation vehicles, and will continue to plough money into the business amid a reported net loss of 1.43 billion yuan for 2018.

23 Mar 2019 - 7:00AM

Evergrande Health Group said on Friday it aims to become the world’s largest maker of new generation vehicles, and will continue to plough money into the business amid a reported net loss of 1.43 billion yuan for 2018.

Evergrande Health vows to challenge the likes of Tesla, become the world’s biggest electric vehicle maker
Hong Kong developers Henderson Land, K Wah International report small increases in profit, are optimistic about 2019

Hong Kong property developer Henderson Land Development said on Wednesday profit attributable to its owners inched up by 1 per cent last year, while that of K Wah International rose by 3.6 per cent, in a reflection of Hong Kong’s cooling housing market.

21 Mar 2019 - 7:45AM

Hong Kong property developer Henderson Land Development said on Wednesday profit attributable to its owners inched up by 1 per cent last year, while that of K Wah International rose by 3.6 per cent, in a reflection of Hong Kong’s cooling housing market.

Hong Kong developers Henderson Land, K Wah International report small increases in profit, are optimistic about 2019