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

Creditors put fugitive Guo Wengui’s dragon head-shaped Pangu Plaza on the auction block at a steep discount to recoup debt

Proceeds from the auction will go toward repaying more than 3 billion yuan of debt owed by Guo’s company to the Bank of Shanghai and a Shanghai investor, both listed as applicants of the auction.

6 hours ago

Proceeds from the auction will go toward repaying more than 3 billion yuan of debt owed by Guo’s company to the Bank of Shanghai and a Shanghai investor, both listed as applicants of the auction.

Creditors put fugitive Guo Wengui’s dragon head-shaped Pangu Plaza on the auction block at a steep discount to recoup debt
Prices of second-hand homes in Hong Kong declined in June amid extradition bill protests, Ricacorp says

The average price of second-hand homes in 50 major residential estates in Hong Kong dropped 0.2 per cent last month from a record high in May, brokerage Ricacorp Properties said on Wednesday.

18 Jul 2019 - 7:00AM

The average price of second-hand homes in 50 major residential estates in Hong Kong dropped 0.2 per cent last month from a record high in May, brokerage Ricacorp Properties said on Wednesday.

Prices of second-hand homes in Hong Kong declined in June amid extradition bill protests, Ricacorp says
Office glut creeps up in Shenzhen, Beijing and Shanghai as trade war saps growth plans and start-ups move to co-working spaces

Glut in commercial space seen in Shenzhen, Beijing and Shanghai, prompting savvy developers like Soho China to eye exit.

17 Jul 2019 - 12:13PM

Glut in commercial space seen in Shenzhen, Beijing and Shanghai, prompting savvy developers like Soho China to eye exit.

Office glut creeps up in Shenzhen, Beijing and Shanghai as trade war saps growth plans and start-ups move to co-working spaces
Hong Kong government-funded home sells for record HK$9 million in Shau Kei Wan

A 650 sq ft apartment in Hong Kong’s Shau Kei Wan neighbourhood has sold for HK$9 million, according to the city’s Housing Authority, making it the city’s most expensive second-hand government-funded residential unit.

16 Jul 2019 - 9:29PM

A 650 sq ft apartment in Hong Kong’s Shau Kei Wan neighbourhood has sold for HK$9 million, according to the city’s Housing Authority, making it the city’s most expensive second-hand government-funded residential unit.

Hong Kong government-funded home sells for record HK$9 million in Shau Kei Wan
Bull run in China’s home prices continues for 50 straight months in June, but growth slows as curbs kick in

Average new home price up 0.6 per cent in June compared to the 0.71 per cent increase in May.

15 Jul 2019 - 10:03PM

Average new home price up 0.6 per cent in June compared to the 0.71 per cent increase in May.

Bull run in China’s home prices continues for 50 straight months in June, but growth slows as curbs kick in
Chinese Estates’ Joseph Lau pockets HK$15 million paper gain after buying shares of troubled developer Future Land

Share purchase underscores how Chinese Estates has been quietly morphing into a financial holding company

13 Jul 2019 - 12:43AM

Share purchase underscores how Chinese Estates has been quietly morphing into a financial holding company

Chinese Estates’ Joseph Lau pockets HK$15 million paper gain after buying shares of troubled developer Future Land
Chinese home builders ‘hunger’ for offshore bond markets after land spending binge prompts government clampdown on credit

Mainland property firms have issued more debt in the first 10 days of July than in whole of June

11 Jul 2019 - 2:55PM

Mainland property firms have issued more debt in the first 10 days of July than in whole of June

Chinese home builders ‘hunger’ for offshore bond markets after land spending binge prompts government clampdown on credit
Chinese cities experiment with new approach to land sales while Hong Kong sticks with highest-bidder model

Mainland cities are trying an alternative land sales model designed to keep home prices in check.

10 Jul 2019 - 8:10AM

Mainland cities are trying an alternative land sales model designed to keep home prices in check.

Chinese cities experiment with new approach to land sales while Hong Kong sticks with highest-bidder model
Developer slashes prices of T-Plus flats by 38 per cent to get first-home buyers to give Hong Kong’s smallest abodes a look-in

Smallest flat of 128 square feet at the T-Plus project in Tuen Mun will be offered at a starting price of HK$1.73 million.

5 Jul 2019 - 12:08PM

Smallest flat of 128 square feet at the T-Plus project in Tuen Mun will be offered at a starting price of HK$1.73 million.

Developer slashes prices of T-Plus flats by 38 per cent to get first-home buyers to give Hong Kong’s smallest abodes a look-in
Looking for a used home in Shenzhen? Be prepared to pay extra as sellers want more after land sales fetch record prices

Property agent says prices of flats in Shenzhen are expected to rise by at least 5 per cent as sellers hold out for more following the results of the recent land sales.

3 Jul 2019 - 7:30AM

Property agent says prices of flats in Shenzhen are expected to rise by at least 5 per cent as sellers hold out for more following the results of the recent land sales.

Looking for a used home in Shenzhen? Be prepared to pay extra as sellers want more after land sales fetch record prices
Hong Kong public housing flat sells for record HK$5.26 million

Buyer forks out more than 14 times the HK$370,000 original price paid in 1998.

2 Jul 2019 - 8:47PM

Buyer forks out more than 14 times the HK$370,000 original price paid in 1998.

Hong Kong public housing flat sells for record HK$5.26 million
Why Marilyn Monroe’s favourite skincare brand, Erno Laszlo, doesn’t mind being caught right in the middle of the US-China trade war

New York-based cosmetics maker Erno Laszlo says it’s worth the cost of paying tariffs in both directions as it eyes ambitious growth in China

2 Jul 2019 - 11:01PM

New York-based cosmetics maker Erno Laszlo says it’s worth the cost of paying tariffs in both directions as it eyes ambitious growth in China

Why Marilyn Monroe’s favourite skincare brand, Erno Laszlo, doesn’t mind being caught right in the middle of the US-China trade war
Evergrande, Chinese property firm aiming to catch Tesla, starts electric vehicle production

After having spent US$42 billion over the past six months, Chinese billionaire Hui Ka-yan finally unveiled Evergrande Group’s first-ever electric vehicle, the Nevs 9-3 EV, last week.

2 Jul 2019 - 11:01PM

After having spent US$42 billion over the past six months, Chinese billionaire Hui Ka-yan finally unveiled Evergrande Group’s first-ever electric vehicle, the Nevs 9-3 EV, last week.

Evergrande, Chinese property firm aiming to catch Tesla, starts electric vehicle production
Chinese developers snap up discounted Kai Tak land as Hong Kong’s mood for property sours amid protest rallies and trade war

In land-scarce Hong Kong, bids for land plots are often the weather vane for the property market’s direction, with Kai Tak – offering full views of Victoria Harbour and earmarked as the next central business district – at the epicentre of the trend.

26 Jun 2019 - 10:46PM

In land-scarce Hong Kong, bids for land plots are often the weather vane for the property market’s direction, with Kai Tak – offering full views of Victoria Harbour and earmarked as the next central business district – at the epicentre of the trend.

Chinese developers snap up discounted Kai Tak land as Hong Kong’s mood for property sours amid protest rallies and trade war
Shenzhen sells five plots at record prices in biggest land tender since 2001 as investors vie for foothold in Greater Bay Area’s tech hub

Five residential sites with a combined 170,273 square metres (1.8 million sq ft) of land were sold for a combined 22.38 billion yuan, 45 per cent more than the government’s reserve.

24 Jun 2019 - 11:31PM

Five residential sites with a combined 170,273 square metres (1.8 million sq ft) of land were sold for a combined 22.38 billion yuan, 45 per cent more than the government’s reserve.

Shenzhen sells five plots at record prices in biggest land tender since 2001 as investors vie for foothold in Greater Bay Area’s tech hub
Hong Kong’s home prices are so scary, people will live with ghosts to get a discount

Flats which were the scene of a grisly death generally sell for around a third below market value in the world’s most expensive city to buy a home.

23 Jun 2019 - 11:08PM

Flats which were the scene of a grisly death generally sell for around a third below market value in the world’s most expensive city to buy a home.

Hong Kong’s home prices are so scary, people will live with ghosts to get a discount
Weak response among property firms to Kai Tak residential plot a week after sale was cancelled due to Hong Kong protests

A residential plot at Hong Kong’s old airport received a lukewarm response from developers on Friday, with only about five bids submitted for the oceanfront piece of land by 7pm.

26 Jun 2019 - 2:24PM

A residential plot at Hong Kong’s old airport received a lukewarm response from developers on Friday, with only about five bids submitted for the oceanfront piece of land by 7pm.

Weak response among property firms to Kai Tak residential plot a week after sale was cancelled due to Hong Kong protests
Hong Kong developers slash home prices by up to 20 per cent to kick some tempo back into the downbeat property market

Wing Tai prices flats at OMA OMA in Tuen Mun at HK$12,463 per sq ft, 20 per cent cheaper than rival Sun Hung Kai Properties’ flats at Mount Regency phase two.

21 Jun 2019 - 4:44PM

Wing Tai prices flats at OMA OMA in Tuen Mun at HK$12,463 per sq ft, 20 per cent cheaper than rival Sun Hung Kai Properties’ flats at Mount Regency phase two.

Hong Kong developers slash home prices by up to 20 per cent to kick some tempo back into the downbeat property market
Hong Kong utility CLP may report first-half loss following decline as big as HK$7 billion in goodwill value of Australia unit

CLP Holdings, the bigger of Hong Kong’s two electricity suppliers, said late on Thursday it will report a loss for the first half of 2019 due to a decline as large as HK$7 billion (US$894.5 million) in the goodwill value of its EnergyAustralia retail business.

21 Jun 2019 - 4:47AM

CLP Holdings, the bigger of Hong Kong’s two electricity suppliers, said late on Thursday it will report a loss for the first half of 2019 due to a decline as large as HK$7 billion (US$894.5 million) in the goodwill value of its EnergyAustralia retail business.

Hong Kong utility CLP may report first-half loss following decline as big as HK$7 billion in goodwill value of Australia unit
Housing policy easing, falling yuan to attract young Hongkongers to ‘Greater Bay Area’ cities of Zhuhai, Zhongshan and Guangzhou

More young Hongkongers looking to get on to the property ladder are expected to seek homes in the “Greater Bay Area” cities of Zhuhai, Zhongshan and Guangzhou, as a result of policy easing and a depreciating yuan.

19 Jun 2019 - 7:00AM

More young Hongkongers looking to get on to the property ladder are expected to seek homes in the “Greater Bay Area” cities of Zhuhai, Zhongshan and Guangzhou, as a result of policy easing and a depreciating yuan.

Housing policy easing, falling yuan to attract young Hongkongers to ‘Greater Bay Area’ cities of Zhuhai, Zhongshan and Guangzhou
Bears gather as data shows Hong Kong home prices retreat for second week after peak in May

Sentiment has become more risk averse amid questions on the political and economic outlook for the city, analysts say

15 Jun 2019 - 8:44AM

Sentiment has become more risk averse amid questions on the political and economic outlook for the city, analysts say

Bears gather as data shows Hong Kong home prices retreat for second week after peak in May
Hong Kong developer walks away from HK$11.1 billion Kai Tak project, citing ‘social contradiction and economic instability’

Goldin Financial’s strategic U-turn reflects the biggest change of heart by a major Hong Kong company since escalation of trade war

17 Jun 2019 - 9:35AM

Goldin Financial’s strategic U-turn reflects the biggest change of heart by a major Hong Kong company since escalation of trade war

Hong Kong developer walks away from HK$11.1 billion Kai Tak project, citing ‘social contradiction and economic instability’
Squeezed by trade war, Chinese co-working firm Atlas pivots to ‘Greater Bay Area’, offers rent-free periods to Hong Kong businesses

Guangzhou-based co-working space provider Atlas wants Hong Kong companies to set up shop in a three-storey facility it is opening in Shenzhen’s Futian business district in July – and is offering a three-month rent-free periods as well as discounts to sweeten the deal.

11 Jun 2019 - 7:12PM

Guangzhou-based co-working space provider Atlas wants Hong Kong companies to set up shop in a three-storey facility it is opening in Shenzhen’s Futian business district in July – and is offering a three-month rent-free periods as well as discounts to sweeten the deal.

Squeezed by trade war, Chinese co-working firm Atlas pivots to ‘Greater Bay Area’, offers rent-free periods to Hong Kong businesses
Beijing likely to loosen its grip on the housing market as exports cool, analysts say

Policies to boost housing could be forthcoming as China grapples with cooling exports, escalation in trade war

10 Jun 2019 - 10:13PM

Policies to boost housing could be forthcoming as China grapples with cooling exports, escalation in trade war

Beijing likely to loosen its grip on the housing market as exports cool, analysts say
Analysts slash forecasts on old Hong Kong airport land tender as chill descends on local property market

New residential Kai Tak land tender will fetch substantially less than full sea view site sold in May

6 Jun 2019 - 10:05PM

New residential Kai Tak land tender will fetch substantially less than full sea view site sold in May

Analysts slash forecasts on old Hong Kong airport land tender as chill descends on local property market
Disney veteran plans to turn a profit at Shenzhen’s new theme park in first year

Former Disney executive says Kaisa’s Golden Bay Resort will be turning a profit in its debut year, when operations begin from the summer of 2020

2 Jun 2019 - 10:33PM

Former Disney executive says Kaisa’s Golden Bay Resort will be turning a profit in its debut year, when operations begin from the summer of 2020

Disney veteran plans to turn a profit at Shenzhen’s new theme park in first year
Trump’s Huawei ban cools property deals in Shenzhen’s Bantian area popular with telecom firm’s employees

Home sales in Bantian have fallen by a third month on month in May as Huawei employees take a wait-and-see approach after the firm was banned in the US due to national security concerns.

30 May 2019 - 11:19AM

Home sales in Bantian have fallen by a third month on month in May as Huawei employees take a wait-and-see approach after the firm was banned in the US due to national security concerns.

Trump’s Huawei ban cools property deals in Shenzhen’s Bantian area popular with telecom firm’s employees
Hong Kong’s housing market sentiment cools as US-China trade war escalates

Homeowners reduce asking prices, while buyers walk away from deals to buy new flats as they fear the US-China trade war will take a turn for the worse.

28 May 2019 - 7:48PM

Homeowners reduce asking prices, while buyers walk away from deals to buy new flats as they fear the US-China trade war will take a turn for the worse.

Hong Kong’s housing market sentiment cools as US-China trade war escalates
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