https://www.scmp.com/rss/313200/feed Tom Gaffney is managing director of CBRE Hong Kong, Macau and Taiwan en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Hong Kong might have the world’s highest home prices, but it has become an unsurprising headline. But it was Shenzhen, not Hong Kong, that raised the most eyebrows, when the tech hub joined the top five priciest home markets in the world, according to CBRE’s Global Living Report in April. This result was significant. Firstly, it reinforced the global credentials of Shenzhen. And secondly, it told us that an internationally high price tag has far more implications for individuals and... https://www.scmp.com/property/hong-kong-china/article/3015826/greater-bay-area-diversity-will-drive-property-markets?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/3015826/greater-bay-area-diversity-will-drive-property-markets?utm_source=rss_feed Tue, 25 Jun 2019 04:00:20 +0000 All attention was on President Xi Jinping’s economic agenda for China as the Boao Forum in Hainan province drew to a close nearly four weeks ago. Few noticed there was a panel discussion running simultaneously, in which Hong Kong Chief Executive Carrie Lam, Guangdong’s governor and other political and business heavyweights debated plans for the “Greater Bay Area”. Limited detail has emerged so far, but one theme is beyond doubt – the Greater Bay Area aims to break geographical boundaries to... https://www.scmp.com/property/hong-kong-china/article/2144974/greater-bay-area-could-take-heat-out-hong-kongs-property?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/2144974/greater-bay-area-could-take-heat-out-hong-kongs-property?utm_source=rss_feed Tue, 08 May 2018 04:04:39 +0000 Hong Kong developers and occupiers need to incorporate property technology to ensure the city’s real estate remains attractive. At the start of the Year of the Dog, the Hong Kong Government unveiled the annual budget with a record-breaking surplus of HK$138 billion (US$17.7 billion). Land sales continue to be a major income contributor. Of the HK$604.5 billion revenue achieved in 2017, HK$121 billion came from land premiums. With ample cash on hand, the government stressed one of the priorities... https://www.scmp.com/property/hong-kong-china/article/2136832/technology-will-help-move-needle-hong-kongs-traditional?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/2136832/technology-will-help-move-needle-hong-kongs-traditional?utm_source=rss_feed Tue, 13 Mar 2018 01:00:45 +0000