Housing market will gradually recover as there is still strong demand for homes, says New World CEO Adrian Cheng, after developer posts an 8.5 per cent increase in full-year profit to US$159.2 million.
Housing market will gradually recover as there is still strong demand for homes, says New World CEO Adrian Cheng, after developer posts an 8.5 per cent increase in full-year profit to US$159.2 million.
The central bank gives local governments the green light to woo first-time homebuyers in what analysts see as a sign of support for the bruised property sector ahead of the country’s party congress.
CK Asset will probably face more volatility ahead despite spending at least US$127 million on stock buy-backs this year, as investors remain wary about the company’s exposure to the UK.
The central bank gives local governments the green light to woo first-time homebuyers in what analysts see as a sign of support for the bruised property sector ahead of the country’s party congress.
CK Asset will probably face more volatility ahead despite spending at least US$127 million on stock buy-backs this year, as investors remain wary about the company’s exposure to the UK.
CK Asset will probably face more volatility ahead despite spending at least US$127 million on stock buy-backs this year, as investors remain wary about the company’s exposure to the UK.
The three sites in Kai Tak, Stanley and Kennedy Town will yield around 2,500 flats, but analysts expect developers to be conservative in their bids amid a slowdown in the housing market.
The three sites in Kai Tak, Stanley and Kennedy Town will yield around 2,500 flats, but analysts expect developers to be conservative in their bids amid a slowdown in the housing market.
Tourism in Asia-Pacific will not see a recovery until 2024 as China’s borders remain closed, keeping an estimated 140 million mainlanders stuck at home, according to analysts.
The buyer, LC Vision Capital 1, is an offshore fund founded by Sino Suisse Capital, a closely held money manager run by Albert Liu.
The three sites in Kai Tak, Stanley and Kennedy Town will yield around 2,500 flats, but analysts expect developers to be conservative in their bids amid a slowdown in the housing market.
Tourism in Asia-Pacific will not see a recovery until 2024 as China’s borders remain closed, keeping an estimated 140 million mainlanders stuck at home, according to analysts.
The buyer, LC Vision Capital 1, is an offshore fund founded by Sino Suisse Capital, a closely held money manager run by Albert Liu.
Concerns about the city’s slowing economy, and continued restrictions to control the coronavirus could also deter buyers, property agents said.
The worst is yet to come for Hong Kong home prices, with the market at the start of a decline amid interest rate rises and economic slowdown, the 2022 SCMP China Conference heard on Thursday.
The worst is yet to come for Hong Kong home prices, with the market at the start of a decline amid interest rate rises and economic slowdown, the 2022 SCMP China Conference heard on Thursday.
The downbeat sentiment in Hong Kong’s secondary home market is due to rising interest rates, a spate of new project launches, emigration and a badly performing stock market, agents say.
The downbeat sentiment in Hong Kong’s secondary home market is due to rising interest rates, a spate of new project launches, emigration and a badly performing stock market, agents say.
By the time some of these buyers arrange mortgages, ‘they may not pass the stress test’, say analysts.
By the time some of these buyers arrange mortgages, ‘they may not pass the stress test’, say analysts.
