The 10,376-square-metre plot in Shenzhen’s Nanshan district was sold to government-backed Shenzhen Anju Jianye Investment Operation. Evergrande acquired the plot in 2017 for 5.55 billion yuan.
Evergrande’s Shenzhen plot sold to government-backed buyer for US$1 billion
The 10,376-square-metre plot in Shenzhen’s Nanshan district was sold to government-backed Shenzhen Anju Jianye Investment Operation. Evergrande acquired the plot in 2017 for 5.55 billion yuan.
Hong Kong home prices near five-year low after biggest monthly drop of year
Prices of lived-in homes in Hong Kong had their worst month in an already bad year in October, slumping to a nearly five-year low, according to government data released on Monday.
Can China’s depressed mortgage rates bring homebuyers back to the market?
Average borrowing costs have fallen to a 13-year low and are possibly cheaper in certain cities across China.
Hong Kong home prices near five-year low after biggest monthly drop of year
Prices of lived-in homes in Hong Kong had their worst month in an already bad year in October, slumping to a nearly five-year low, according to government data released on Monday.
Can China’s depressed mortgage rates bring homebuyers back to the market?
Average borrowing costs have fallen to a 13-year low and are possibly cheaper in certain cities across China.
Average borrowing costs have fallen to a 13-year low and are possibly cheaper in certain cities across China.
Hong Kong can be hub for property-tech development, major developers say
Hong Kong’s position within the Greater Bay Area can attract start-ups and give the city a leg up on competitors like Singapore, Sino Group executive says.
Hong Kong’s position within the Greater Bay Area can attract start-ups and give the city a leg up on competitors like Singapore, Sino Group executive says.
China banks offer billions to developers after Beijing confirms rescue plan
After the PBOC and the CBIRC officially confirmed a 16-point rescue plan for the real estate sector on Wednesday, banks have been rushing to offer financing support for several struggling companies.
Hong Kong’s restaurant ranks expand faster than before the pandemic
The number of licensed restaurants has grown 3.9 per cent since 2020, slightly faster than from 2017 to 2019, according to a CBRE report.
Hong Kong can be hub for property-tech development, major developers say
Hong Kong’s position within the Greater Bay Area can attract start-ups and give the city a leg up on competitors like Singapore, Sino Group executive says.
China banks offer billions to developers after Beijing confirms rescue plan
After the PBOC and the CBIRC officially confirmed a 16-point rescue plan for the real estate sector on Wednesday, banks have been rushing to offer financing support for several struggling companies.
Hong Kong’s restaurant ranks expand faster than before the pandemic
The number of licensed restaurants has grown 3.9 per cent since 2020, slightly faster than from 2017 to 2019, according to a CBRE report.
Will interest rate rises dampen Hong Kong’s love affair with property?
Concerns about the city’s slowing economy, and continued restrictions to control the coronavirus could also deter buyers, property agents said.
Up to 30 per cent decline in Hong Kong home prices a possibility, SCMP conference hears
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.
Emigration, rising rates weigh on Hong Kong’s lived-in home market
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.
Buyers of incomplete flats with stage payment schemes face higher risk of default
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.
