Sandy Li

Sandy Li

Sandy Li is the property editor. She covers property market which focus in listed property firms and government policy. During her career she has won several journalism prizes, including the Citi Journalistic Excellence Award in 2011. She was first runner-up for the same award in 2010.

Latest from Sandy Li

Hong Kong buyers nudge Greater Bay Area home prices to new heights after easier ownership rules

China may have fueled a housing boom in the Greater Bay Area with easier ownership rules, as buyers from Hong Kong joined the rush to send home prices in some cities to record highs, according to data from Centaline Property.

28 Jan 2020 - 10:57PM

China may have fueled a housing boom in the Greater Bay Area with easier ownership rules, as buyers from Hong Kong joined the rush to send home prices in some cities to record highs, according to data from Centaline Property.

Hong Kong buyers nudge Greater Bay Area home prices to new heights after easier ownership rules
Mainland Chinese developers are returning to Hong Kong land tenders as loss of appetite among local rivals brings prices down

It is becoming easier for them to outbid local developers who are holding back amid the city’s gloomy economic outlook, say industry experts

27 Jan 2020 - 9:29PM

It is becoming easier for them to outbid local developers who are holding back amid the city’s gloomy economic outlook, say industry experts

Mainland Chinese developers are returning to Hong Kong land tenders as loss of appetite among local rivals brings prices down
Hong Kong’s real estate investors head offshore for better returns, as prices and rents decline at home amid a slumping economy

The exodus of investments is likely to pick up pace, as property prices in Hong Kong – the world’s most expensive urban centre for living and work – are expected to fall across all categories this year.

20 Jan 2020 - 8:15AM

The exodus of investments is likely to pick up pace, as property prices in Hong Kong – the world’s most expensive urban centre for living and work – are expected to fall across all categories this year.

Hong Kong’s real estate investors head offshore for better returns, as prices and rents decline at home amid a slumping economy
Good timing elevates a newcomer to list of Hong Kong top developers as sales at Sun Hung Kai Properties slide

A relative newcomer made it to the big league of Hong Kong developers in 2019, snaring some market share from the city’s biggest developers including Sun Hung Kai Properties.

15 Jan 2020 - 11:43AM

A relative newcomer made it to the big league of Hong Kong developers in 2019, snaring some market share from the city’s biggest developers including Sun Hung Kai Properties.

Good timing elevates a newcomer to list of Hong Kong top developers as sales at Sun Hung Kai Properties slide
JPMorgan is bullish on some Hong Kong developers as HK$40 billion liquidity build-up seen shoring up housing market sentiment

JPMorgan Chase is bullish on some of Hong Kong biggest developers because a correction in home prices is likely to be fleeting and a HK$40 billion liquidity build-up in past 12 months could shore up market sentiment.

9 Jan 2020 - 10:51PM

JPMorgan Chase is bullish on some of Hong Kong biggest developers because a correction in home prices is likely to be fleeting and a HK$40 billion liquidity build-up in past 12 months could shore up market sentiment.

JPMorgan is bullish on some Hong Kong developers as HK$40 billion liquidity build-up seen shoring up housing market sentiment
Average home prices fell by a quarter last year in the world’s most expensive city as protests, trade war sapped demand

The price of a new home in Hong Kong fell by HK$3.72 million on average to HK$10.87 million in 2019, according to Ricacorp Properties. The 25 per cent drop is the most since 2006. Analysts see no let-up this year.

9 Jan 2020 - 12:37PM

The price of a new home in Hong Kong fell by HK$3.72 million on average to HK$10.87 million in 2019, according to Ricacorp Properties. The 25 per cent drop is the most since 2006. Analysts see no let-up this year.

Average home prices fell by a quarter last year in the world’s most expensive city as protests, trade war sapped demand
Hong Kong’s home completion falls 37 per cent short of target, exacerbating housing woes in one of the world’s most expensive city

By the end of November, just 63 per cent of the full-year target for completion of new homes had been reached, with analysts blaming a slowdown in construction as protests sapped demand

8 Jan 2020 - 1:39PM

By the end of November, just 63 per cent of the full-year target for completion of new homes had been reached, with analysts blaming a slowdown in construction as protests sapped demand

Hong Kong’s home completion falls 37 per cent short of target, exacerbating housing woes in one of the world’s most expensive city
Hong Kong developers set to vie for buyers’ affection as a glut of new flats floods the market

A total of 32,120 new flats are likely to be launched this year, according to data from Centaline and Midland.

7 Jan 2020 - 7:14PM

A total of 32,120 new flats are likely to be launched this year, according to data from Centaline and Midland.

Hong Kong developers set to vie for buyers’ affection as a glut of new flats floods the market
Hong Kong hotels target staycations as the city’s tourism industry endures its worst slump since Sars

With tourists avoiding the city because of the months-long unrest, hotel operators are targeting families with discount package deals and activities to shore up declining occupancy rates.

7 Jan 2020 - 7:14PM

With tourists avoiding the city because of the months-long unrest, hotel operators are targeting families with discount package deals and activities to shore up declining occupancy rates.

Hong Kong hotels target staycations as the city’s tourism industry endures its worst slump since Sars
Louis Vuitton paid an estimated HK$5 million in monthly rent at Times Square before its decision to shut its boutique

The imminent closure of the store – one of eight LV boutiques in Hong Kong – makes the French retailer the second luxury brand to succumb to shrinking foot traffic since anti-government protests deterred visitors and forced many shopping centres in the city to shut.

6 Jan 2020 - 11:29AM

The imminent closure of the store – one of eight LV boutiques in Hong Kong – makes the French retailer the second luxury brand to succumb to shrinking foot traffic since anti-government protests deterred visitors and forced many shopping centres in the city to shut.

Louis Vuitton paid an estimated HK$5 million in monthly rent at Times Square before its decision to shut its boutique
Disgraced tycoon returns to Sun Hung Kai property empire after jail term in Hong Kong bribery case involving city’s former No. 2 official

Disgraced Hong Kong property tycoon Thomas Kwok Ping-kwong is returning to his family business empire, nine months after completing a five-year jail term for a bribery scandal involving one of the city’s highest public officials.

2 Jan 2020 - 10:44PM

Disgraced Hong Kong property tycoon Thomas Kwok Ping-kwong is returning to his family business empire, nine months after completing a five-year jail term for a bribery scandal involving one of the city’s highest public officials.

Disgraced tycoon returns to Sun Hung Kai property empire after jail term in Hong Kong bribery case involving city’s former No. 2 official
November rise in Hong Kong used home prices proves to be short-lived

The prices of lived-in Hong Kong homes rose in November after five months of declines, the city’s Rating and Valuation Department said. But the 1.78 per cent increase, driven largely by a relaxation in the city’s mortgage policy, has proved to be short-lived.

31 Dec 2019 - 1:28PM

The prices of lived-in Hong Kong homes rose in November after five months of declines, the city’s Rating and Valuation Department said. But the 1.78 per cent increase, driven largely by a relaxation in the city’s mortgage policy, has proved to be short-lived.

November rise in Hong Kong used home prices proves to be short-lived
Hong Kong property prices are likely to fall across the board in 2020, industry insiders say

Prices of Hong Kong properties – residential, retail and office – are expected to fall in 2020, with the city’s ongoing anti-government protests, the US-China trade war and an economy in technical recession weighing on the sector.

31 Dec 2019 - 9:28AM

Prices of Hong Kong properties – residential, retail and office – are expected to fall in 2020, with the city’s ongoing anti-government protests, the US-China trade war and an economy in technical recession weighing on the sector.

Hong Kong property prices are likely to fall across the board in 2020, industry insiders say
Chinese restaurant chain Jiumaojiu unveils IPO, sets to be first of 2020 listings in Hong Kong

Chinese restaurant chain operator Jiumaojiu International is planning to raise HK$2.2 billion in first of 2020 stock listings in Hong Kong as the group seeks to ride a consumption boom.

29 Dec 2019 - 8:13PM

Chinese restaurant chain operator Jiumaojiu International is planning to raise HK$2.2 billion in first of 2020 stock listings in Hong Kong as the group seeks to ride a consumption boom.

Chinese restaurant chain Jiumaojiu unveils IPO, sets to be first of 2020 listings in Hong Kong
Kingswood tops Hong Kong’s most actively traded address list of 2019 as owners cut prices ahead of biggest home sales in 10 years

The activity at Kingswood Villas, home to almost 40,000 residents according to Hong Kong’s 2016 census, shows how the residential property market is trying to find its footing after the city’s seven-month long political crisis sapped appetite for long-term investments.

27 Dec 2019 - 11:07PM

The activity at Kingswood Villas, home to almost 40,000 residents according to Hong Kong’s 2016 census, shows how the residential property market is trying to find its footing after the city’s seven-month long political crisis sapped appetite for long-term investments.

Kingswood tops Hong Kong’s most actively traded address list of 2019 as owners cut prices ahead of biggest home sales in 10 years
Hong Kong’s land shortage is forcing international schools to set up campuses in old commercial buildings like disused shopping centres

Finding space is a challenge as private schools try to tap the Hong Kong market, in which demand has remained strong amid months of civil unrest

24 Dec 2019 - 5:00PM

Finding space is a challenge as private schools try to tap the Hong Kong market, in which demand has remained strong amid months of civil unrest

Hong Kong’s land shortage is forcing international schools to set up campuses in old commercial buildings like disused shopping centres
Link Reit makes its first foray outside Greater China with a US$469.5 million office property acquisition in Sydney

The 10-storey office building, 100 Market Street, in Sydney’s central business district is being acquired from Blackstone Group.

19 Dec 2019 - 11:00PM

The 10-storey office building, 100 Market Street, in Sydney’s central business district is being acquired from Blackstone Group.

Link Reit makes its first foray outside Greater China with a US$469.5 million office property acquisition in Sydney
State-backed conglomerate Citic Pacific wins bid for Tai Hang luxury residential site for HK$3.2 billion

Hong Kong-listed and Chinese state-backed conglomerate Citic Pacific has won a luxury residential plot in Tai Hang, southeast of Causeway Bay, for HK$3.2 billion (US$410.8 million), the city’s Lands Department said on Wednesday.

18 Dec 2019 - 11:58PM

Hong Kong-listed and Chinese state-backed conglomerate Citic Pacific has won a luxury residential plot in Tai Hang, southeast of Causeway Bay, for HK$3.2 billion (US$410.8 million), the city’s Lands Department said on Wednesday.

State-backed conglomerate Citic Pacific wins bid for Tai Hang luxury residential site for HK$3.2 billion
Mainland Chinese buyers turn Mount Nicholson on The Peak in Hong Kong into world’s second-busiest residences for super rich

Mainland Chinese buyers have turned Hong Kong’s wealthy residential enclaves at The Peak into the world’s busiest playgrounds for the super-rich, based on the number of transactions recorded over the past five years.

18 Dec 2019 - 10:57PM

Mainland Chinese buyers have turned Hong Kong’s wealthy residential enclaves at The Peak into the world’s busiest playgrounds for the super-rich, based on the number of transactions recorded over the past five years.

Mainland Chinese buyers turn Mount Nicholson on The Peak in Hong Kong into world’s second-busiest residences for super rich
Sales of luxury Hong Kong homes plunge to three-year low, with ‘cashed-up’ buyers not in the mood for big-ticket purchases

The sales of luxury homes in Hong Kong plunged to a three-year low in the first 11 months of 2019, with fewer local and mainland Chinese buyers willing to commit to big-ticket purchases since June, when the city’s anti-government protests started.

17 Dec 2019 - 8:26AM

The sales of luxury homes in Hong Kong plunged to a three-year low in the first 11 months of 2019, with fewer local and mainland Chinese buyers willing to commit to big-ticket purchases since June, when the city’s anti-government protests started.

Sales of luxury Hong Kong homes plunge to three-year low, with ‘cashed-up’ buyers not in the mood for big-ticket purchases
International luxury brands like Tiffany, Burberry are booming in mainland China as they struggle to survive in Hong Kong

A cut in consumption tax has led to a surge in sales and higher shop rental yields in mainland China, according to a senior industry executive.

10 Dec 2019 - 7:51PM

A cut in consumption tax has led to a surge in sales and higher shop rental yields in mainland China, according to a senior industry executive.

International luxury brands like Tiffany, Burberry are booming in mainland China as they struggle to survive in Hong Kong
Hong Kong’s biggest land auction attracts three bids as Kowloon site near protest flashpoint loses value

Hong Kong’s biggest land auction, involving a site that became the latest flashpoint in more than five months of anti-government protests, has attracted three bids from among the city’s richest developers.

22 Nov 2019 - 11:11PM

Hong Kong’s biggest land auction, involving a site that became the latest flashpoint in more than five months of anti-government protests, has attracted three bids from among the city’s richest developers.

Hong Kong’s biggest land auction attracts three bids as Kowloon site near protest flashpoint loses value
Hong Kong records worst weekend sales of homes since June as intensifying violence keeps buyers away

Chinachem Group manages to sell only four out of 144 units at its Sol City residential project in Yuen Long even after the developer raises the discount to 13.5 per cent from 7 per cent.

18 Nov 2019 - 9:11AM

Chinachem Group manages to sell only four out of 144 units at its Sol City residential project in Yuen Long even after the developer raises the discount to 13.5 per cent from 7 per cent.

Hong Kong records worst weekend sales of homes since June as intensifying violence keeps buyers away
Hong Kong shop owners willing to sell even if it means incurring a loss of HK$6 million

Ricacorp Properties expects shop transactions to fall to the lowest level since the agency starting collecting data in 1995.

17 Nov 2019 - 10:55PM

Ricacorp Properties expects shop transactions to fall to the lowest level since the agency starting collecting data in 1995.

Hong Kong shop owners willing to sell even if it means incurring a loss of HK$6 million
Demand for Greater Bay Area homes set to rise with easier ownership rules for Hong Kong professional workers

A proposal to ease home ownership restrictions in Greater Bay Area for Hong Kong residents may spur demand for properties as more professional workers relocate from the overcrowded financial centre, according to consultants.

13 Nov 2019 - 4:16PM

A proposal to ease home ownership restrictions in Greater Bay Area for Hong Kong residents may spur demand for properties as more professional workers relocate from the overcrowded financial centre, according to consultants.

Demand for Greater Bay Area homes set to rise with easier ownership rules for Hong Kong professional workers
Hong Kong is cheaper than Tokyo and Sydney in office fit-out costs, study shows

The cost to fit out a new office in Hong Kong is a lot cheaper than major Japanese or Australian cities, a new study shows. That is a small consolation for prospective tenants in a city with the highest rentals in the past four years.

5 Nov 2019 - 7:30PM

The cost to fit out a new office in Hong Kong is a lot cheaper than major Japanese or Australian cities, a new study shows. That is a small consolation for prospective tenants in a city with the highest rentals in the past four years.

Hong Kong is cheaper than Tokyo and Sydney in office fit-out costs, study shows
Hong Kong, Chinese developers hope to piggyback on robust secondary property market sales, to release more than 1,000 units

Hong Kong and mainland Chinese property developers are hoping to piggyback on strong activity in the city’s secondary market and will release more than 1,000 units in the coming weeks.

25 Oct 2019 - 8:28AM

Hong Kong and mainland Chinese property developers are hoping to piggyback on strong activity in the city’s secondary market and will release more than 1,000 units in the coming weeks.

Hong Kong, Chinese developers hope to piggyback on robust secondary property market sales, to release more than 1,000 units
US$1.5 billion Hong Kong residential plot receives only six bids after 38 expressions of interest last month

A prime residential site next to the Wong Chuk Hang MTR Station, which would require a total investment of up to HK$11.8 billion, drew a lukewarm response on Wednesday, in a sign that there was little appetite for big-ticket deals.

23 Oct 2019 - 11:01PM

A prime residential site next to the Wong Chuk Hang MTR Station, which would require a total investment of up to HK$11.8 billion, drew a lukewarm response on Wednesday, in a sign that there was little appetite for big-ticket deals.

US$1.5 billion Hong Kong residential plot receives only six bids after 38 expressions of interest last month
Hong Kong home sales surge to six-month high as banks seen facing longer time to approve mortgage financing

Twenty used homes changed hands at 10 housing estates in the city over the weekend after the government eased mortgage limits, according to data by Centaline, a six-month high.

22 Oct 2019 - 12:00AM

Twenty used homes changed hands at 10 housing estates in the city over the weekend after the government eased mortgage limits, according to data by Centaline, a six-month high.

Hong Kong home sales surge to six-month high as banks seen facing longer time to approve mortgage financing
Citic Pacific makes US$385 million offer to privatise luxury car distributor Dah Chong Hong Holdings

DCH’s business has been challenged by intense competition and diversified landscape.

21 Oct 2019 - 10:29PM

DCH’s business has been challenged by intense competition and diversified landscape.

Citic Pacific makes US$385 million offer to privatise luxury car distributor Dah Chong Hong Holdings