Debt-stricken Sino-Ocean warns losses in 2023 could widen by as much as 21 per cent to 23 billion yuan (US$3.2 billion) as home sales plunged, margins narrowed and provision for asset impairment increased.
Sino-Ocean warns of hefty losses for 2023 with no turnaround in China home sales
Debt-stricken Sino-Ocean warns losses in 2023 could widen by as much as 21 per cent to 23 billion yuan (US$3.2 billion) as home sales plunged, margins narrowed and provision for asset impairment increased.
What next for Evergrande’s Hui Ka-yan after China slaps penalty and market ban
Evergrande, which has the dubious honour of being the world’s most indebted developer with US$332 billion of liabilities, stands accused of inflating its revenue by 564 billion yuan (US$78 billion) preceding its collapse.
Hong Kong property downturn not yet over, prices to fall by up to 10%: S&P
Hong Kong’s current property market downturn is cyclical and not structural, with home prices set to decline by as much as 10 per cent this year as elevated interest rates keep demand in check, S&P says
What next for Evergrande’s Hui Ka-yan after China slaps penalty and market ban
Evergrande, which has the dubious honour of being the world’s most indebted developer with US$332 billion of liabilities, stands accused of inflating its revenue by 564 billion yuan (US$78 billion) preceding its collapse.
Hong Kong property downturn not yet over, prices to fall by up to 10%: S&P
Hong Kong’s current property market downturn is cyclical and not structural, with home prices set to decline by as much as 10 per cent this year as elevated interest rates keep demand in check, S&P says
Hong Kong’s current property market downturn is cyclical and not structural, with home prices set to decline by as much as 10 per cent this year as elevated interest rates keep demand in check, S&P says
China property: rate of decline in investment slows, official statistics show
In January and February, property investment declined 9 per cent year on year, slightly slower than the drop in 2023, according to official statistics.
In January and February, property investment declined 9 per cent year on year, slightly slower than the drop in 2023, according to official statistics.
exclusive | Gaw Capital bets on Vietnam, Mexico and US opportunities to offset China woes
Gaw Capital Partners, one of Hong Kong’s biggest real estate private-fund management firms, is focusing on logistics in Vietnam and Mexico, as well as the AI sector bailing out distressed office assets in the US, amid challenges to an economic recovery in mainland China.
Japanese firms make the most of Hong Kong’s low rents, snap up retail spaces
Over the past two years, Japanese businesses have been the most active among foreign firms in terms of leasing retail spaces in Hong Kong, according to data compiled by JLL.
China property: rate of decline in investment slows, official statistics show
In January and February, property investment declined 9 per cent year on year, slightly slower than the drop in 2023, according to official statistics.
exclusive | Gaw Capital bets on Vietnam, Mexico and US opportunities to offset China woes
Gaw Capital Partners, one of Hong Kong’s biggest real estate private-fund management firms, is focusing on logistics in Vietnam and Mexico, as well as the AI sector bailing out distressed office assets in the US, amid challenges to an economic recovery in mainland China.
Japanese firms make the most of Hong Kong’s low rents, snap up retail spaces
Over the past two years, Japanese businesses have been the most active among foreign firms in terms of leasing retail spaces in Hong Kong, according to data compiled by JLL.
Hong Kong homeowners looking to sell have missed window as slump persists
Homeowners in Hong Kong looking to sell have missed the window for striking a favourable deal, analysts said, as they expect prices to continue to slump after touching the lowest level in five years.
Hongkongers snub new home sales in Yau Tong amid weakening real estate market
The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.
The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.
Hong Kong home price forecasts too bearish, JP Morgan says
Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.
Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.
Green buildings in Hong Kong command the highest rental premium in Asia: JLL
Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.
Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.
Hong Kong homeowners looking to sell have missed window as slump persists
Homeowners in Hong Kong looking to sell have missed the window for striking a favourable deal, analysts said, as they expect prices to continue to slump after touching the lowest level in five years.
Hongkongers snub new home sales in Yau Tong amid weakening real estate market
The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.
The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.
Hong Kong home price forecasts too bearish, JP Morgan says
Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.
Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.
Green buildings in Hong Kong command the highest rental premium in Asia: JLL
Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.
Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.