https://www.scmp.com/rss/521915/feed Knight Frank: A leading global real estate consultancy, headquartered in London, UK, Knight Frank specialises in comprehensive advisory, transactional, and management services for residential, commercial, and agricultural properties. Serving a diverse target market from private clients to investors and developers worldwide, they are renowned for their in-depth research, involvement in high-value property deals, and publications like ’The Wealth Report’. With over 488 offices across 57... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Cheryl Arcibal Cheryl Arcibal A proposed cap on the ground rents paid by leasehold homeowners in England and Wales is seen as favouring foreign property investors, including those from Hong Kong and mainland China, but another measure tightening rules in setting rents is dampening demand ahead of its implementation, according to analysts. An estimated 203,000 homes in England and Wales are registered to owners with an overseas address. Hongkongers hold 14 per cent, making them the largest group of foreign investors in the... https://www.scmp.com/business/article/3349067/how-changes-home-rental-laws-england-will-impact-hong-kong-mainland-investors?utm_source=rss_feed https://www.scmp.com/business/article/3349067/how-changes-home-rental-laws-england-will-impact-hong-kong-mainland-investors?utm_source=rss_feed Sun, 05 Apr 2026 08:00:07 +0000 Peggy Ye Peggy Ye Escalating tensions in the Middle East could redirect global wealth flows and support demand for Hong Kong property, as investors seek stable financial hubs amid rising geopolitical uncertainty, analysts say. The shift comes as global wealth migration increasingly reshapes luxury property markets from Sydney to Dubai and Hong Kong. Citigroup said in a report released on Monday that prolonged instability in the region could prompt capital and talent to move out of the Middle East. The report said... https://www.scmp.com/business/banking-finance/article/3346217/hong-kong-property-could-gain-middle-east-turmoil-reshapes-global-wealth-flows?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3346217/hong-kong-property-could-gain-middle-east-turmoil-reshapes-global-wealth-flows?utm_source=rss_feed Wed, 11 Mar 2026 09:00:08 +0000 Peggy Ye Peggy Ye From Sydney to Hong Kong, wealth migration is reshaping the global super-luxury property market as activity picks up after two subdued years – though the dominance of relative newcomer Dubai is now being tested by the war in the Middle East. In Sydney, Peter Li, general manager at Plus Agency, said commission revenues on super-luxury homes had risen about 20 per cent from a year earlier. The firm, which handles more than US$300 million in annual sales, has hired six new staff members since... https://www.scmp.com/business/article/3345695/worlds-wealthy-relocate-rewriting-property-map-will-hong-kong-win-out?utm_source=rss_feed https://www.scmp.com/business/article/3345695/worlds-wealthy-relocate-rewriting-property-map-will-hong-kong-win-out?utm_source=rss_feed Sat, 07 Mar 2026 03:00:16 +0000 Kolette Lim Kolette Lim Singapore’s real estate giants are taking hits as China’s property downturn drags into another year, with declining rents, emptier buildings and falling values weighing on their results. But analysts say Beijing’s huge market and recent policy support mean most investors are unlikely to pull back entirely, instead becoming far more selective about where they invest. Recent earnings from several Singapore firms show the pressure building across their China portfolios, even as investors watch for... https://www.scmp.com/week-asia/economics/article/3345777/singapore-developers-feel-heat-chinas-property-woes-continue?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3345777/singapore-developers-feel-heat-chinas-property-woes-continue?utm_source=rss_feed Sat, 07 Mar 2026 00:00:09 +0000 Cao Li Cao Li Singapore is the most expensive city in the Asia-Pacific region to outfit an office, driven by increased labour costs, a shortage of contractors and strict building standards, according to real estate consultancy Knight Frank. The city had the highest average fit-out cost at US$2,029 per square metre – ahead of Tokyo (US$1,994) and Taipei (US$1,593) – in the firm’s survey of 23 cities across Australasia, East Asia, Southeast Asia and India. It was also the most expensive place to set up an... https://www.scmp.com/business/article/3345398/singapore-offices-cost-most-outfit-asia-pacific-survey-says?utm_source=rss_feed https://www.scmp.com/business/article/3345398/singapore-offices-cost-most-outfit-asia-pacific-survey-says?utm_source=rss_feed Wed, 04 Mar 2026 08:30:32 +0000 Kevin Li Kevin Li Hongkongers may begin to feel the impact of the escalating war in the Middle East in the coming months, as rising global oil prices are expected to push up energy bills and dining costs, according to experts. Analysts said the attacks on Iran by the United States and Israel, and subsequent retaliation across the region, were also likely to slow the pace of US interest rate cuts and curb the rise in Hong Kong housing prices. As military operations in the Middle East entered their fourth day,... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3345321/hong-kong-inflation-risks-grow-war-middle-east-escalates-experts-warn?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3345321/hong-kong-inflation-risks-grow-war-middle-east-escalates-experts-warn?utm_source=rss_feed Wed, 04 Mar 2026 00:30:08 +0000 Cao Li Cao Li A subsidiary of state-owned conglomerate China Resources (Holdings) has acquired a Hong Kong hotel and plans to convert it into student housing amid a wave of investments driven by rising demand after the city raised the cap on non-local students. CR Longdation signed an agreement to buy four-star hotel Hotel Cozi Oasis in Kwai Chung, a major industrial and residential area in the southwestern New Territories, for HK$953 million (US$122 million), said Colliers and Knight Frank, which advised on... https://www.scmp.com/business/article/3345026/china-resources-subsidiary-acquires-hong-kong-hotel-student-housing-project?utm_source=rss_feed https://www.scmp.com/business/article/3345026/china-resources-subsidiary-acquires-hong-kong-hotel-student-housing-project?utm_source=rss_feed Sun, 01 Mar 2026 12:00:14 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s struggling office landlords are ramping up efforts to convert their assets into co-working spaces and student accommodation in a bid to adapt to intense competition and the flight to quality, according to analysts. With some 3.5 million sq ft of new premium office space expected to be completed this year and next, on top of the 4.5 million sq ft added in 2024 and 2025, tenants are increasingly choosing to relocate to new and modern offices, leading to diverging fortunes for big... https://www.scmp.com/business/article/3344901/hong-kongs-small-office-landlords-turn-co-working-student-hostels-survive?utm_source=rss_feed https://www.scmp.com/business/article/3344901/hong-kongs-small-office-landlords-turn-co-working-student-hostels-survive?utm_source=rss_feed Sat, 28 Feb 2026 23:30:08 +0000 Nicholas Spiro Nicholas Spiro Concerns about the impact of generative artificial intelligence (AI) abound. At the end of last year, uncertainty over the monetisation of AI was the dominant theme in stock markets. Many investors are worried about the mismatch between the vast sums of money being spent on computing power and the relatively meagre revenues from AI companies and services. While monetisation remains a major concern among investors, fears about AI tools undermining the viability of established business models have... https://www.scmp.com/opinion/asia-opinion/article/3344296/why-ai-disruption-isnt-major-threat-indias-booming-office-market?utm_source=rss_feed https://www.scmp.com/opinion/asia-opinion/article/3344296/why-ai-disruption-isnt-major-threat-indias-booming-office-market?utm_source=rss_feed Mon, 23 Feb 2026 08:30:08 +0000 Cheryl Arcibal Cheryl Arcibal May Chan is looking for a home that she can call her own. The freelancer wants to buy a flat, but high mortgage rates as well as uncertainty in the property market kept her from taking the plunge. “I would like to buy a flat, if I can afford it,” she said. “It would certainly help if there are discounts.” Now that mortgage rates have stabilised and there is less uncertainty about property prices, she hopes to find a reasonably priced home. With Hong Kong’s residential property market stabilising... https://www.scmp.com/business/article/3344098/hong-kong-homebuyers-face-dwindling-discounts-property-market-stabilises?utm_source=rss_feed https://www.scmp.com/business/article/3344098/hong-kong-homebuyers-face-dwindling-discounts-property-market-stabilises?utm_source=rss_feed Mon, 23 Feb 2026 01:30:13 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong-based Kerry Properties has won a tender for a residential plot in Shau Kei Wan for HK$1.38 billion (US$177 million), which drew heavy bidding interest from both mainland Chinese and local developers. Kerry beat seven other bidders for a 50-year grant for the 1,349-square-metre (14,523 sq ft) parcel in the Eastern district, the Lands Department said on Monday. The plot was expected to provide a total gross floor area of over 130,000 sq ft, yielding around 300 residential units,... https://www.scmp.com/business/article/3343728/hong-kongs-kerry-properties-secures-shau-kei-wan-residential-plot-us177-million?utm_source=rss_feed https://www.scmp.com/business/article/3343728/hong-kongs-kerry-properties-secures-shau-kei-wan-residential-plot-us177-million?utm_source=rss_feed Mon, 16 Feb 2026 09:00:08 +0000 Cheryl Arcibal Cheryl Arcibal A director of Hong Kong-based Prince Jewellery and Watch has sold a flat in Kowloon and upgraded to a two-storey unit in the same neighbourhood, with an analyst saying that wealthy homeowners are taking advantage of improving sentiment to swap their dwellings. Tang Yick-ki, a director at Prince Jewellery and Sky Regal Properties, completed both deals in just over a month. Tang also serves as a director in many other companies including Just Gold, Peonia Diamond and Peonia Holdings, according to... https://www.scmp.com/business/article/3343474/prince-jewellery-director-sells-upscale-hong-kong-flat-upgrades-duplex?utm_source=rss_feed https://www.scmp.com/business/article/3343474/prince-jewellery-director-sells-upscale-hong-kong-flat-upgrades-duplex?utm_source=rss_feed Fri, 13 Feb 2026 09:05:25 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong-listed mainland Chinese developer China Overseas Land & Investment won a bid for a 3,132-square-metre (33,712 sq ft) residential plot in Kowloon East, beating some of the city’s largest developers with a higher-than-expected tender. The state-backed developer beat eight rivals to secure a 50-year grant for the parcel in Ngau Tau Kok with its bid of HK$1.8 billion (US$230 million), according to a statement from the Lands Department on Tuesday. The site is expected to yield 470... https://www.scmp.com/business/article/3343088/hong-kong-residential-plot-fetches-us230-million-chinese-developer-outbids-city-rivals?utm_source=rss_feed https://www.scmp.com/business/article/3343088/hong-kong-residential-plot-fetches-us230-million-chinese-developer-outbids-city-rivals?utm_source=rss_feed Tue, 10 Feb 2026 12:34:34 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s so-called headquarters economy, in which the city serves as a regional and global base for corporate headquarters, is spurring recovery in the commercial real estate sector as analysts forecast an improved investment environment this year. The city’s battered office market showed signs of stability in 2025, with 2.1 million sq ft (195,000 square metres) of net absorption for the full year, the largest annual total since 2018, according to CBRE. Central recorded the biggest... https://www.scmp.com/business/article/3342815/what-hong-kongs-headquarters-economy-and-how-it-drives-commercial-property-upswing?utm_source=rss_feed https://www.scmp.com/business/article/3342815/what-hong-kongs-headquarters-economy-and-how-it-drives-commercial-property-upswing?utm_source=rss_feed Sun, 08 Feb 2026 07:44:27 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong commercial real estate is the Asia-Pacific region’s fifth most favoured investment destination for cross-border capital this year, underscoring an improved outlook for the city’s battered property market, according to a CBRE report. Hong Kong also recorded the second-highest number of luxury residential property deals among 12 super-prime markets worldwide in the last quarter of 2025, sustaining a recovery that began in the second quarter, a report from Knight Frank showed. After a... https://www.scmp.com/business/article/3342451/hong-kong-back-top-choice-foreign-commercial-property-investors-study-says?utm_source=rss_feed https://www.scmp.com/business/article/3342451/hong-kong-back-top-choice-foreign-commercial-property-investors-study-says?utm_source=rss_feed Thu, 05 Feb 2026 03:15:41 +0000 Zhu Wenqian Zhu Wenqian Chinese companies are driving a fresh wave of investment in overseas properties, with new energy industrial facilities, cross-border e-commerce logistics centres, and smart city projects becoming investment hotspots, Knight Frank has said. Traditional residential development was on the wane, while industrial property, logistics real estate and commercial complexes were emerging as core investment priorities, according to a January report by the London-based property consultancy. It forecast that... https://www.scmp.com/business/article/3341527/chinese-firms-are-scoping-out-overseas-property-what-catching-their-eye?utm_source=rss_feed https://www.scmp.com/business/article/3341527/chinese-firms-are-scoping-out-overseas-property-what-catching-their-eye?utm_source=rss_feed Sun, 01 Feb 2026 08:00:10 +0000 Zhu Wenqian Zhu Wenqian More economy and mid-range hotel operators in China are leasing office buildings for conversion to guest accommodation, and such flexible, mixed-use approaches are expected to increase amid a continued weakening of the office market. In some Chinese cities, the practice of multiple hotel brands co-leasing separate floors within a single building has become more prevalent, fuelled by interest from both property owners and hotel operators. In Hangzhou, the capital of eastern China’s Zhejiang... https://www.scmp.com/business/article/3340179/hotel-conversions-gain-traction-chinas-office-market-amid-high-vacancies?utm_source=rss_feed https://www.scmp.com/business/article/3340179/hotel-conversions-gain-traction-chinas-office-market-amid-high-vacancies?utm_source=rss_feed Sun, 18 Jan 2026 03:00:10 +0000 Cheryl Arcibal Cheryl Arcibal Ares Management, one of Asia’s largest alternative investment managers, is doubling its real estate footprint in Hong Kong, a move that aligns with a broader expansion by financial firms and demand for office space in the core Central business district. The Los Angeles-based asset manager would add about 12,500 sq ft of space in Gloucester Tower, where it has been a tenant since 2017, according to a statement from the landlord Hongkong Land on Monday. The new lease will be effective in... https://www.scmp.com/business/article/3339546/financial-firm-ares-doubles-hong-kong-office-footprint-real-estate-outlook-improves?utm_source=rss_feed https://www.scmp.com/business/article/3339546/financial-firm-ares-doubles-hong-kong-office-footprint-real-estate-outlook-improves?utm_source=rss_feed Mon, 12 Jan 2026 05:10:41 +0000 Peggy Ye Peggy Ye Hong Kong’s leading property developers are accelerating new residential launches, with two major firms unveiling plans to roll out more than 4,500 flats this year as sentiment shows signs of improvement, but analysts caution that a surge in supply may add fresh pressure to a market that has only begun to stabilise. Developers, including Wheelock Properties and Kerry Properties, are pressing ahead with large-scale launches, adding new supply on top of still-elevated inventory from previous... https://www.scmp.com/business/banking-finance/article/3339073/hong-kong-developers-rush-new-flats-sentiment-lifts-pressuring-fragile-recovery?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3339073/hong-kong-developers-rush-new-flats-sentiment-lifts-pressuring-fragile-recovery?utm_source=rss_feed Wed, 07 Jan 2026 11:30:23 +0000 Peggy Ye Peggy Ye Hong Kong’s residential property market closed 2025 on a strong note, with transactions climbing to a six-month high in December, fuelled by demand for low-priced units even as values fell. A total of 5,883 deals were completed last month, up 5.3 per cent month on month and an increase of 43.4 per cent year on year, according to Land Registry data released on Monday. Overall deal value reached HK$51.2 billion (US$6.6 billion), a decline of nearly 1 per cent from November, but 57.3 per cent... https://www.scmp.com/business/article/3338791/hong-kong-home-sales-hit-6-month-high-december-demand-affordable-units?utm_source=rss_feed https://www.scmp.com/business/article/3338791/hong-kong-home-sales-hit-6-month-high-december-demand-affordable-units?utm_source=rss_feed Mon, 05 Jan 2026 10:48:21 +0000 Nicholas Spiro Nicholas Spiro When US President Donald Trump stood outside the White House on April 2 and unveiled his punitive “Liberation Day” tariffs on most US trading partners, Asia was singled out for particularly harsh punishment. With the region accounting for seven of the 10 economies with the largest trade surpluses with the US, Asia was bound to be hit hard. However, as 2025 draws to a close, Asia’s economies have shown remarkable resilience. While several factors are at play, the most important one is the boom in... https://www.scmp.com/opinion/asia-opinion/article/3337983/how-ai-helped-asias-real-estate-sector-pass-tariff-stress-test?utm_source=rss_feed https://www.scmp.com/opinion/asia-opinion/article/3337983/how-ai-helped-asias-real-estate-sector-pass-tariff-stress-test?utm_source=rss_feed Mon, 29 Dec 2025 08:31:10 +0000 Peggy Ye Peggy Ye Hong Kong’s lived-in home prices rose for a sixth consecutive month in November, extending a recovery that began in the second quarter and pointing to a potentially more sustained rebound from mid-2026 as policy support and easing rates lift market confidence. The official home price index climbed to 297.3 in November, the highest level in 16 months and just shy of the 297.6 recorded in July last year, according to the Rating and Valuation Department. Prices have gained 3.52 per cent so far this... https://www.scmp.com/property/article/3337992/hong-kong-home-prices-rise-sixth-consecutive-month-setting-stage-2026?utm_source=rss_feed https://www.scmp.com/property/article/3337992/hong-kong-home-prices-rise-sixth-consecutive-month-setting-stage-2026?utm_source=rss_feed Mon, 29 Dec 2025 05:33:57 +0000 Nicholas Spiro Nicholas Spiro Numbers do not always tell the whole story. But they are revealing nonetheless. In 2013, direct investment transaction volumes in India’s commercial property sector stood at around US$1.3 billion. By contrast, in China (excluding Hong Kong), investment activity reached US$27 billion. In South Korea, transactions stood at US$12.2 billion, data from MSCI shows. The woefully low level of investment in India – a leading emerging market that at the time was already the world’s third-largest economy... https://www.scmp.com/opinion/asia-opinion/article/3336433/indias-property-market-enters-big-league-challenges-remain?utm_source=rss_feed https://www.scmp.com/opinion/asia-opinion/article/3336433/indias-property-market-enters-big-league-challenges-remain?utm_source=rss_feed Mon, 15 Dec 2025 08:30:08 +0000 Peggy Ye Peggy Ye Taiwanese brand Nap Tea drew long lines when it opened its first Hong Kong store in Mong Kok in February. The chain has since expanded aggressively, opening its ninth outlet in the city this month. “What truly surprised us was our breakthrough in quickly building a loyal base of repeat customers,” said co-founder Dan Lin. “Rent is indeed a major challenge in the Hong Kong market, but it proves that as long as the product is strong enough, it can overcome the pressure of high costs.” Co-founded... https://www.scmp.com/business/article/3336285/new-entrants-steady-hong-kong-retail-property-sector-absence-luxury-giants?utm_source=rss_feed https://www.scmp.com/business/article/3336285/new-entrants-steady-hong-kong-retail-property-sector-absence-luxury-giants?utm_source=rss_feed Sun, 14 Dec 2025 23:30:11 +0000 Nicholas Spiro Nicholas Spiro Every quarter, Knight Frank publishes an index tracking the movement of prime residential prices and rents in leading cities around the world. Although the index is just a snapshot that should be treated with caution given significant differences in the performance of submarkets within cities, its findings are nevertheless revealing. In the sales market, five of the six cities with the fastest growth in prices last quarter were in Asia. In Tokyo, prices rose a staggering 56 per cent on an... https://www.scmp.com/opinion/asia-opinion/article/3335554/asias-housing-affordability-squeeze-shows-no-signs-slowing?utm_source=rss_feed https://www.scmp.com/opinion/asia-opinion/article/3335554/asias-housing-affordability-squeeze-shows-no-signs-slowing?utm_source=rss_feed Mon, 08 Dec 2025 08:31:35 +0000 Peggy Ye Peggy Ye Hong Kong’s surging residential rents show little sign of easing, with tiny flats in traditionally mid-priced Happy Valley now fetching per-square-foot rates on par with luxury homes on The Peak – a stark indicator of how deeply the city’s rental inflation has spread. One of the units at a serviced apartment development in Happy Valley, The Unit, was recently rented for HK$12,700 (US$1,631) a month, according to Chinese media. The room measures just 117 sq ft, translating to a per-square-foot... https://www.scmp.com/business/article/3335382/happy-valley-nano-flats-rival-peak-hong-kongs-rent-squeeze-deepens?utm_source=rss_feed https://www.scmp.com/business/article/3335382/happy-valley-nano-flats-rival-peak-hong-kongs-rent-squeeze-deepens?utm_source=rss_feed Sun, 07 Dec 2025 04:00:25 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s property deals slipped slightly in November after two months of gains, government data showed, with analysts warning of a deeper pullback this month as the Christmas holidays along with deferred launches of new homes following the deadly fire in Tai Po weigh on sentiment. Sales of new and lived-in homes, office units, shops, car parking spaces and industrial properties dipped 1 per cent to 7,121 from 7,190 in October, according to the Land Registry. The total value of deals edged up... https://www.scmp.com/business/article/3334920/hong-kong-home-sales-dip-december-slowdown-looms-amid-tragedy-holiday-lull?utm_source=rss_feed https://www.scmp.com/business/article/3334920/hong-kong-home-sales-dip-december-slowdown-looms-amid-tragedy-holiday-lull?utm_source=rss_feed Tue, 02 Dec 2025 10:29:52 +0000 Cheryl Arcibal Cheryl Arcibal Emperor International Holdings has secured bank approval to resume borrowing under existing terms by nearly two years, providing the embattled Hong Kong developer with much-needed breathing room after it failed to meet HK$16.6 billion (US$2.13 billion) in debt obligations in July. Meanwhile, shares of Lai Sun Development (LSD) resumed trading on the Hong Kong stock exchange on Friday, after the firm said it was negotiating a potential asset sale alongside its parent company, Lai Sun Garment... https://www.scmp.com/business/article/3334500/hong-kong-developers-emperor-and-lai-sun-find-relief-amid-debt-pressures?utm_source=rss_feed https://www.scmp.com/business/article/3334500/hong-kong-developers-emperor-and-lai-sun-find-relief-amid-debt-pressures?utm_source=rss_feed Fri, 28 Nov 2025 07:44:26 +0000 Cheryl Arcibal Cheryl Arcibal Prime office rents in Hong Kong and Singapore are expected to reach parity within two years, driven by diverging dynamics in demand and supply for office properties in the rival business hubs, according to CBRE. By the fourth quarter of 2027, tenants in premium office spaces in Hong Kong were set to pay just over US$122 per square foot per year, while those in Singapore would face slightly higher costs at about US$123 per square foot annually, said Ada Choi, head of research for Asia-Pacific at... https://www.scmp.com/business/article/3333789/hong-kong-and-singapore-prime-office-rents-set-equalise-2027-cbre-says?utm_source=rss_feed https://www.scmp.com/business/article/3333789/hong-kong-and-singapore-prime-office-rents-set-equalise-2027-cbre-says?utm_source=rss_feed Mon, 24 Nov 2025 01:30:15 +0000 Nicholas Spiro Nicholas Spiro In an interview with Fox News in April, Peter Navarro, US President Donald Trump’s senior counsellor for trade and manufacturing, described Vietnam as “essentially a colony of communist China”. For someone who believes trade negotiations with Beijing are pointless, such extremist views are unsurprising. Yet the fact that Navarro, the chief architect of Trump’s trade wars, has it in for Vietnam attests to both the vulnerability and the strength of the country’s manufacturing sector. Among the... https://www.scmp.com/opinion/asia-opinion/article/3332154/vietnams-property-sector-prime-example-asias-tariff-resilience?utm_source=rss_feed https://www.scmp.com/opinion/asia-opinion/article/3332154/vietnams-property-sector-prime-example-asias-tariff-resilience?utm_source=rss_feed Mon, 10 Nov 2025 08:30:09 +0000 Salina Li Salina Li Hong Kong’s residential rental market has improved for eight consecutive months, with rents reaching a record high amid sustained local and overseas demand as analysts predict the gains will continue into 2026. Home rents in the city have increased 2.95 per cent this year, according to Benny Sham, an analyst at Midland Realty. “The rental index stands at a historical high since tracking began, and we expect the figure to increase further, as the drivers for leasing momentum will remain robust,”... https://www.scmp.com/business/article/3329151/hong-kong-home-rents-flirt-record-set-keep-rising-next-year-agents-say?utm_source=rss_feed https://www.scmp.com/business/article/3329151/hong-kong-home-rents-flirt-record-set-keep-rising-next-year-agents-say?utm_source=rss_feed Wed, 15 Oct 2025 23:00:15 +0000 Cheryl Arcibal Cheryl Arcibal More affluent buyers are likely to snap up luxury homes in Hong Kong in the coming months, according to agents, as the city’s booming stock market and government policies that attract well-heeled investors boost the outlook for the high-end property segment. “Some ultra-wealthy buyers have earned substantial profits from the stock market over the past six months and are now reallocating part of their capital into the super luxury property segment, taking advantage of relatively low prices,” said... https://www.scmp.com/business/article/3327423/more-affluent-buyers-snap-luxury-homes-amid-hong-kongs-roaring-stock-market?utm_source=rss_feed https://www.scmp.com/business/article/3327423/more-affluent-buyers-snap-luxury-homes-amid-hong-kongs-roaring-stock-market?utm_source=rss_feed Wed, 01 Oct 2025 01:30:21 +0000 Cheryl Arcibal Cheryl Arcibal Now that the US Federal Reserve has embarked on a policy easing cycle, with some other central banks around the world following suit, property investors must treat these changes as temporary and remember that there is no substitute for proper research into specific markets and assets, according to consultants. The Fed cut its target rate by 25 basis points to a range of 4 to 4.25 per cent during the sixth meeting of the Federal Open Market Committee last week. The Fed’s easing was widely... https://www.scmp.com/business/article/3327073/fed-rate-easing-cycle-under-way-which-real-estate-markets-offer-value-money?utm_source=rss_feed https://www.scmp.com/business/article/3327073/fed-rate-easing-cycle-under-way-which-real-estate-markets-offer-value-money?utm_source=rss_feed Sun, 28 Sep 2025 01:30:14 +0000 Salina Li Salina Li New World Development (NWD) and CK Asset Holdings on Thursday became the first two developers to announce property sales after interest rates were lowered, with analysts saying the move would boost transactions but not prices due to elevated supply. NWD said all 120 units at House Muse in Kowloon City would go on sale on Friday. It is the first new residential project to be launched after the Hong Kong Monetary Authority (HKMA) cut rates for the first time this year, bringing down the cost of... https://www.scmp.com/business/article/3325987/nwd-and-ck-asset-launch-sales-hoping-hkmas-first-rate-cut-year-revives-sentiment?utm_source=rss_feed https://www.scmp.com/business/article/3325987/nwd-and-ck-asset-launch-sales-hoping-hkmas-first-rate-cut-year-revives-sentiment?utm_source=rss_feed Thu, 18 Sep 2025 09:15:12 +0000 Cheryl Arcibal Cheryl Arcibal South Korea’s new restrictions on foreign homebuyers are likely to cool housing prices in Seoul and neighbouring cities, according to property agents, following a surge in the number of buyers from mainland China and Hong Kong who bought homes in the middle and high-end segments of the market. Hongkongers and mainland Chinese had acquired 96,955 properties in South Korea as of May, a 78.5 per cent increase from the 54,320 real estate assets that they owned in 2020, according to a report by The... https://www.scmp.com/business/article/3325389/south-koreas-ban-foreign-homebuyers-cool-seoul-prices-chinese-investments?utm_source=rss_feed https://www.scmp.com/business/article/3325389/south-koreas-ban-foreign-homebuyers-cool-seoul-prices-chinese-investments?utm_source=rss_feed Sun, 14 Sep 2025 02:00:18 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s luxury home rents increased the most globally in the second quarter, according to Knight Frank, benefiting from an influx of high-net-worth individuals through the capital investment scheme. A survey tracking 16 cities worldwide showed upscale residential rents climbed 8.6 per cent in the April to June period from a year earlier, the consultancy said. Tokyo came a close second with an 8.3 per cent increase, followed by New York at 6.9 per cent. Singapore ranked 13th with a 1.5 per... https://www.scmp.com/business/article/3322670/hong-kong-luxury-rents-lead-world-86-surge-second-quarter-knight-frank?utm_source=rss_feed https://www.scmp.com/business/article/3322670/hong-kong-luxury-rents-lead-world-86-surge-second-quarter-knight-frank?utm_source=rss_feed Thu, 21 Aug 2025 23:30:06 +0000 Cheryl Arcibal Cheryl Arcibal Prime residential prices are cooling globally, with Hong Kong performing the worst, according to the latest study by Knight Frank. In a survey of 46 cities worldwide, Hong Kong ranked last with a 14.3 per cent decline in prices in the second quarter compared with the same period last year. On a quarterly basis, the city again took the bottom spot with an 11.7 per cent drop. Average annual growth in housing prices across the nearly four dozen cities slowed to 2.3 per cent in the June quarter,... https://www.scmp.com/business/article/3322309/global-prime-property-prices-cool-hong-kong-leads-decline-knight-frank-says?utm_source=rss_feed https://www.scmp.com/business/article/3322309/global-prime-property-prices-cool-hong-kong-leads-decline-knight-frank-says?utm_source=rss_feed Tue, 19 Aug 2025 03:30:08 +0000 Peggy Sito Peggy Sito Sino Land has won a residential site tender in Tuen Mun for HK$1.09 billion, beating major Hong Kong and mainland Chinese developers – including CK Asset Holdings, Kerry Properties and China Overseas Land & Investment – as the city’s housing market shows early signs of recovery. The transaction, which marked the Hong Kong government’s first residential plot sale this financial year, involved a site at Hoi Chu Road in Tuen Mun, a district in proximity to Shenzhen Bay. “The sought-after site... https://www.scmp.com/business/companies/article/3321760/sino-land-wins-tuen-mun-land-tender-hk1-billion-bid-amid-improved-housing-market?utm_source=rss_feed https://www.scmp.com/business/companies/article/3321760/sino-land-wins-tuen-mun-land-tender-hk1-billion-bid-amid-improved-housing-market?utm_source=rss_feed Wed, 13 Aug 2025 12:28:07 +0000 Yuke Xie Yuke Xie US investment in Asia-Pacific real estate jumped 31 per cent year on year in the second quarter, as investors chased yields and stable growth in markets such as Australia, Singapore and Japan amid looming tariff challenges. Mainland China, meanwhile, was weighed down by an ongoing property crisis and mounting default risks. Cross-border real estate investments in Asia-Pacific reached US$12.1 billion in the second quarter, a 50.1 per cent surge year on year and the highest level since the third... https://www.scmp.com/business/article/3320449/us-leads-second-quarter-asia-pacific-real-estate-deals-assets-worth-us5-billion?utm_source=rss_feed https://www.scmp.com/business/article/3320449/us-leads-second-quarter-asia-pacific-real-estate-deals-assets-worth-us5-billion?utm_source=rss_feed Sun, 03 Aug 2025 01:30:16 +0000