https://www.scmp.com/rss/522522/feed The latest news and top stories on Centaline Property. A leading entity in the real estate services sector, Hong Kong-based Centaline Property specialises in comprehensive agency services for residential, commercial and industrial properties, alongside valuation, mortgage brokering and immigration consultancy. It primarily serves individuals and businesses across Hong Kong, mainland China, Macau and Singapore. Known for its significant market share and pioneering use of data analytics including... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Cheryl Arcibal Cheryl Arcibal Hong Kong’s property transactions crossed 7,000 for the sixth consecutive month in March – the first time in four years that monthly volumes stayed above this level – despite a slight fall last month, according to official data. Residential transactions declined by about 5.3 per cent to 6,316 from a month earlier, while their month-on-month value decreased by 4.19 per cent to HK$55.18 billion (US$7.04 billion), according to data from the Land Registry on Thursday. New and lived-in home sales... https://www.scmp.com/business/article/3348739/hong-kongs-property-deals-exceed-7000-6-straight-months-march?utm_source=rss_feed https://www.scmp.com/business/article/3348739/hong-kongs-property-deals-exceed-7000-6-straight-months-march?utm_source=rss_feed Thu, 02 Apr 2026 03:24:36 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong homebuyers snapped up new launches on Tuesday as developers accelerated sales amid concerns over slower rate cuts and geopolitical tensions in the Middle East. By about 3.50pm, all 254 flats released at the La Mirabelle project in Tseung Kwan O had been sold, according to market agents. “Today’s positive sales results at La Mirabelle is a vote of confidence for the Hong Kong residential market,” said Daryl Ng, chairman of Sino Group. “The Hong Kong residential market fundamentals are... https://www.scmp.com/business/article/3348547/hong-kong-homebuyers-pile-new-launches-despite-rate-jitters-and-middle-east-tensions?utm_source=rss_feed https://www.scmp.com/business/article/3348547/hong-kong-homebuyers-pile-new-launches-despite-rate-jitters-and-middle-east-tensions?utm_source=rss_feed Tue, 31 Mar 2026 09:49:52 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong developers on Friday released 222 new flats in Kowloon, the city’s largest batch of units on a single day since buyers were warned about the uncertain direction of interest rates. K&K Property launched 122 one-bedroom units at foto+, a single residential tower in Mong Kok close to Olympic station, while Wang On Properties put 100 units up for sale at the Connext project in Wong Tai Sin. By 7pm Friday, 103 of the foto+ units had found buyers. Sales at Connext, meanwhile, kicked off at... https://www.scmp.com/business/article/3348175/hong-kong-developers-test-market-222-units-released-amid-interest-rate-uncertainty?utm_source=rss_feed https://www.scmp.com/business/article/3348175/hong-kong-developers-test-market-222-units-released-amid-interest-rate-uncertainty?utm_source=rss_feed Fri, 27 Mar 2026 11:30:11 +0000 Cheryl Arcibal Cheryl Arcibal Regal Hotels International Holdings and its units have sold the 494-room Regal Oriental Hotel for about HK$1.52 billion (US$194 million) to the real estate investment arm of Centaline Group, which operates one of Hong Kong’s largest property agency networks, to be converted into a student hostel. Regal Hotels and affiliates Century City International Holdings and Paliburg Holdings agreed to dispose of the 17-storey hotel on Sa Po Road, including two basement floors, the group said in a filing... https://www.scmp.com/business/article/3347571/regals-us194-million-hotel-sale-highlights-investor-push-hong-kong-student-housing?utm_source=rss_feed https://www.scmp.com/business/article/3347571/regals-us194-million-hotel-sale-highlights-investor-push-hong-kong-student-housing?utm_source=rss_feed Mon, 23 Mar 2026 08:13:39 +0000 Peggy Ye,Cao Li Peggy Ye,Cao Li Buyers snapped up most of the nearly 400 new homes released for sale in Hong Kong on Saturday, offering an early gauge of housing demand in one of the biggest launches since the Chinese New Year holiday. As of 7:30pm, about 310 of the 360 units released at Chinachem Group’s Zendo House in Tsim Sha Tsui and Wing Tai Properties’ Cloudview in Sheung Shui had been sold, according to Centaline Property. Louis Chan Wing-kit, vice-chairman and president of the agency, said confidence in Hong Kong’s... https://www.scmp.com/business/article/3346584/developers-roll-out-360-flats-two-hong-kong-projects-amid-improving-sentiment?utm_source=rss_feed https://www.scmp.com/business/article/3346584/developers-roll-out-360-flats-two-hong-kong-projects-amid-improving-sentiment?utm_source=rss_feed Sat, 14 Mar 2026 05:40:16 +0000 Peggy Ye Peggy Ye The increase in stamp duty on ultra-luxury homes above HK$100 million (US$12.8 million) is unlikely to change buying behaviour, analysts said, as the structural forces underpinning demand from mainland Chinese buyers could outweigh the impact of the rise in transaction costs. The Hong Kong government, in the annual budget on Wednesday, increased the tax rate on residential transactions above HK$100 million to 6.5 per cent from 4.25 per cent amid a surge in demand for high-end property from... https://www.scmp.com/business/article/3344762/hong-kongs-65-stamp-duty-will-not-stop-luxury-homebuyers-mainland-china-analysts?utm_source=rss_feed https://www.scmp.com/business/article/3344762/hong-kongs-65-stamp-duty-will-not-stop-luxury-homebuyers-mainland-china-analysts?utm_source=rss_feed Thu, 26 Feb 2026 23:30:07 +0000 Cao Li Cao Li Shanghai has further relaxed home purchase rules just six months after the last adjustment, in its latest attempt to stem a multi-year property downturn. Non-residents who have made social security contributions or paid individual income tax for one year will be eligible to buy one home in the city, Shanghai authorities said in a joint statement. Previously, non-residents had to wait three years based on a policy announcement last August, easing a five-year mandate introduced in 2016 to cool an... https://www.scmp.com/business/article/3344606/shanghai-eases-residency-requirements-homebuyers-spark-property-recovery?utm_source=rss_feed https://www.scmp.com/business/article/3344606/shanghai-eases-residency-requirements-homebuyers-spark-property-recovery?utm_source=rss_feed Wed, 25 Feb 2026 09:47:59 +0000 Peggy Ye Peggy Ye Global investment banks are rallying behind a more bullish view of Hong Kong’s housing market, with JPMorgan Chase and Goldman Sachs joining Morgan Stanley in forecasting double-digit price gains after a stronger-than-expected rebound. Morgan Stanley was the first major bank to forecast a 10 per cent increase in home prices in January, which was widely seen as aggressive at the time. With fresh data bolstering signs of a recovery, other banks have also lifted their 2026 estimates. According to a... https://www.scmp.com/business/article/3344361/more-banks-catch-hong-kongs-housing-rebound-upgrade-market-forecast?utm_source=rss_feed https://www.scmp.com/business/article/3344361/more-banks-catch-hong-kongs-housing-rebound-upgrade-market-forecast?utm_source=rss_feed Mon, 23 Feb 2026 23:30:08 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s residential property market made gradual and steady gains in the Year of the Snake, with the momentum set to continue in the Year of the Horse, according to the city’s largest real estate agencies. “The Year of the Snake marked the end of three years of decline and a strong rebound fuelled by policy easing and wealth effect [from the Hong Kong stock market’s gain],” said Derek Chan Hoi-chiu, head of research at Ricacorp Properties. “The Year of the Horse will build on the momentum,”... https://www.scmp.com/business/article/3344141/hong-kongs-property-market-build-gains-year-horse-agents-say?utm_source=rss_feed https://www.scmp.com/business/article/3344141/hong-kongs-property-market-build-gains-year-horse-agents-say?utm_source=rss_feed Fri, 20 Feb 2026 10:00:16 +0000 Peggy Ye Peggy Ye The family behind one of Mongolia’s largest mining conglomerates has bought a detached house in Hong Kong’s upmarket Southern district for HK$247 million (US$31.5 million), with the buyer intending to use it as a “retirement residence”. Land Registry records showed Tisara Holdings, whose director is Tselmuun Nyamtaishir, signed a provisional agreement on January 29 to acquire House 5 in One Stanley at 128 Wong Ma Kok Road. Nyamtaishir is the president and CEO of Mongolyn Alt (MAK), a... https://www.scmp.com/business/article/3343749/mongolian-mining-family-snaps-us315-million-hong-kong-home-retirement-view?utm_source=rss_feed https://www.scmp.com/business/article/3343749/mongolian-mining-family-snaps-us315-million-hong-kong-home-retirement-view?utm_source=rss_feed Thu, 19 Feb 2026 02:00:13 +0000 Cheryl Arcibal Cheryl Arcibal For business owner Tracy Sung, flat-hunting in Hong Kong was complicated by two things – her pets and the intense competition in the rental market. Sung, who used to live in a 500 sq ft flat in Happy Valley, had to offer more than the landlord’s asking price to secure an 800 sq ft property in Tseung Kwan O. The 28-year-old is paying about HK$35,000 (US$4,480) a month for her new home, compared with HK$28,000 previously. The neighbourhood in Hang Hau offered what she considered the most... https://www.scmp.com/business/article/3341982/soaring-hong-kong-rents-tenants-pay-more-and-fight-shrinking-space?utm_source=rss_feed https://www.scmp.com/business/article/3341982/soaring-hong-kong-rents-tenants-pay-more-and-fight-shrinking-space?utm_source=rss_feed Sun, 01 Feb 2026 10:00:14 +0000 Julie Zhang Julie Zhang Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalisation, sold all 350 units released on Sunday in its Sierra Sea project, marking a fifth consecutive sell-out and underscoring returning buyer appetite in the world’s most expensive property market. The batch at phase 2B included 244 two-bedroom and 106 three-bedroom units, with discounted prices ranging from HK$4.6 million (US$590,000) to HK$9.74 million, according to sales documents released on Wednesday. The... https://www.scmp.com/business/companies/article/3341986/hong-kongs-shkp-rolls-out-350-sierra-sea-flats-after-sell-outs-worlds-priciest-market?utm_source=rss_feed https://www.scmp.com/business/companies/article/3341986/hong-kongs-shkp-rolls-out-350-sierra-sea-flats-after-sell-outs-worlds-priciest-market?utm_source=rss_feed Sun, 01 Feb 2026 09:00:12 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong homebuyers continued to show strong demand for new residential launches over the weekend, potentially pushing primary market transactions to a five-month high, according to agents. By 3.30pm on Saturday, about two-thirds of the 108 units released at Park Seasons – a Lohas Park project in Tseung Kwan O developed by Wheelock Properties and the city’s subway operator MTR Corp – had found buyers, agents said. On Friday, all 60 units on offer at K. Wah International’s Kabitat Tin Hau... https://www.scmp.com/business/article/3341104/hong-kong-homebuyers-keep-robust-demand-new-launches-draw-brisk-sales?utm_source=rss_feed https://www.scmp.com/business/article/3341104/hong-kong-homebuyers-keep-robust-demand-new-launches-draw-brisk-sales?utm_source=rss_feed Sat, 24 Jan 2026 09:01:03 +0000 Peggy Ye Peggy Ye Hong Kong is testing purpose-built student housing as an alternative land-sale model, as weak demand for commercial sites pushes the government to explore uses that can still attract investor interest. The Development Bureau on Tuesday invited expressions of interest (EOI) for student hostel development on three commercially zoned sites in Kai Tak, Siu Lek Yuen in Sha Tin, and Tung Chung East, marking the first time the government had proposed selling land through open tender with use restricted... https://www.scmp.com/business/article/3340776/hong-kong-tests-student-housing-land-sales-office-market-slowdown-curbs-tenders?utm_source=rss_feed https://www.scmp.com/business/article/3340776/hong-kong-tests-student-housing-land-sales-office-market-slowdown-curbs-tenders?utm_source=rss_feed Thu, 22 Jan 2026 06:00:27 +0000 Cheryl Arcibal Cheryl Arcibal Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalisation, sold out another batch of flats at its Sierra Sea project in the New Territories, the city’s largest residential project in two and a half decades. All 218 units launched on Wednesday found buyers, according to property agents. The developer previously sold out two rounds in the project this year: 213 flats on January 10 and 229 flats on Saturday. Following the enthusiastic response, SHKP will hold a preview... https://www.scmp.com/business/article/3340702/hong-kong-homebuyers-snap-latest-flats-sierra-sea-shkp-set-another-sell-out?utm_source=rss_feed https://www.scmp.com/business/article/3340702/hong-kong-homebuyers-snap-latest-flats-sierra-sea-shkp-set-another-sell-out?utm_source=rss_feed Wed, 21 Jan 2026 10:02:41 +0000 Peggy Ye Peggy Ye After several subdued years, 2025 marked a turning point for demand in Hong Kong’s most prestigious housing enclaves, as mainland buyers streamed back into scarce ultra-luxury homes once prices stabilised and transaction momentum rolled into the new year. That shift was most visible in The Peak and Southern district – two low-density, ultra-wealthy neighbourhoods on opposite ends of Hong Kong Island. Mainland purchasers bought about HK$16 billion (US$2.05 billion) worth of homes in the areas in... https://www.scmp.com/business/article/3340221/mainland-chinese-buyers-pour-us2-billion-hong-kong-super-luxury-homes?utm_source=rss_feed https://www.scmp.com/business/article/3340221/mainland-chinese-buyers-pour-us2-billion-hong-kong-super-luxury-homes?utm_source=rss_feed Sun, 18 Jan 2026 02:30:13 +0000 Cao Li Cao Li Hong Kong’s largest developer, Sun Hung Kai Properties (SHKP), posted another sell-out this weekend for the latest batch of units on sale at its massive Sierra Sea residential project, as improving market sentiment continued to boost homebuyers’ confidence. Homebuyers snapped up all 213 flats on sale at Sierra Sea’s Phase 2A as of 9pm on Saturday, according to agents. Information on 49 other flats offered via tender were not disclosed. “About 60 per cent of buyers are for investment,” said Louis... https://www.scmp.com/business/companies/article/3339431/hong-kongs-shkp-set-continue-sell-out-streak-latest-sierra-sea-offering-agents?utm_source=rss_feed https://www.scmp.com/business/companies/article/3339431/hong-kongs-shkp-set-continue-sell-out-streak-latest-sierra-sea-offering-agents?utm_source=rss_feed Sat, 10 Jan 2026 06:43:57 +0000 Peggy Ye Peggy Ye Morgan Stanley upgraded Hong Kong’s property sector to “attractive”, noting that an all-round improvement in the city’s economy and a policy-driven recovery will continue to push prices higher this year. The US investment bank forecast home prices to rise around 10 per cent in 2026, with further gains expected in 2027, pointing out that the ongoing rebound marks the start of a new upcycle. “We expect all three sub-segments – Hong Kong residential prices, Central office rents and retail rents –... https://www.scmp.com/business/article/3338864/morgan-stanley-lifts-hong-kong-property-attractive-rebound-extend-2027?utm_source=rss_feed https://www.scmp.com/business/article/3338864/morgan-stanley-lifts-hong-kong-property-attractive-rebound-extend-2027?utm_source=rss_feed Tue, 06 Jan 2026 09:28:15 +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 Themis Qi Themis Qi Hong Kong’s property market rallied to a four-year high in 2025 following the city government’s easing measures and lower interest rates, according to the Centaline Property Agency. In the past 12 months, the number of registered sales agreements for residential units, carparking spaces and commercial and industrial properties increased 18.7 per cent year on year to 80,700, while the amount involved rose 15.4 per cent to HK$616.4 billion (US$79 billion), data from Centaline showed. The realtor... https://www.scmp.com/property/hong-kong-china/article/3338597/hong-kong-property-market-hits-4-year-high-2025-sales-top-hk616-billion?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/3338597/hong-kong-property-market-hits-4-year-high-2025-sales-top-hk616-billion?utm_source=rss_feed Sat, 03 Jan 2026 04:38:41 +0000 Peggy Ye Peggy Ye City University of Hong Kong has bought an office property in Kowloon for HK$1.96 billion (US$252 million), joining a growing list of educational institutions buying office assets amid depressed prices as the city’s office market shows early signs of stabilising. CityU Limited, a wholly owned subsidiary of the university, has acquired the low-rise office block at Festival Walk in Kowloon Tong from Singapore-based Mapletree Pan Asia Commercial Trust. The agreement was signed on December 10, with... https://www.scmp.com/business/article/3338488/cityu-joins-ranks-schools-snapping-hong-kong-offices-festival-walk-buy?utm_source=rss_feed https://www.scmp.com/business/article/3338488/cityu-joins-ranks-schools-snapping-hong-kong-offices-festival-walk-buy?utm_source=rss_feed Fri, 02 Jan 2026 06:52:02 +0000 Peggy Ye Peggy Ye Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer, has priced the next batch of units on offer at its massive Sierra Sea residential project about 5 per cent higher than previous phases, signalling a welcome improvement in the city’s housing market. The 148 units in Phase 2A of the development in Sai Sha Wan, Sai Kung, were priced from HK$3.43 million (US$440,961), with an average discounted price of HK$10,968 per square foot, according to sales documents released on Tuesday. The... https://www.scmp.com/property/article/3338162/hong-kong-developer-shkp-nudges-prices-latest-sierra-sea-flats-offer?utm_source=rss_feed https://www.scmp.com/property/article/3338162/hong-kong-developer-shkp-nudges-prices-latest-sierra-sea-flats-offer?utm_source=rss_feed Tue, 30 Dec 2025 09:45:07 +0000 Peggy Ye Peggy Ye As the mainland Chinese housing downturn drags on, Hong Kong’s market is showing early signs of stabilising, reshaping buyer sentiment and exposing a widening divergence across southern China’s property landscape. Ming, a 28-year-old financial professional, moved into his new 320 sq ft one-bedroom flat in Yau Tong in May. He bought the unit a year earlier for HK$4.8 million (US$617,000), taking advantage of discounts offered on later batches of new launches. “I was lucky I didn’t buy the first... https://www.scmp.com/property/article/3337433/tale-two-markets-hong-kong-property-prices-stabilise-mainland-slump-drags?utm_source=rss_feed https://www.scmp.com/property/article/3337433/tale-two-markets-hong-kong-property-prices-stabilise-mainland-slump-drags?utm_source=rss_feed Tue, 23 Dec 2025 23:30:08 +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 Yulu Ao Yulu Ao Hong Kong’s property market is expected to extend its gradual recovery into the end of the year, supported by improving sentiment, rising rental yields and firmer demand in the mass-market segment, according to property analysts. The latest mortgage and resale data suggest that buyers are returning following rate cuts and stamp-duty adjustments earlier this year, although the pace of improvement remains uneven across districts and price brackets. Mortgage registrations continued to climb in... https://www.scmp.com/business/article/3334671/hong-kongs-home-sales-recovery-looks-more-solid-transactions-prices-edge?utm_source=rss_feed https://www.scmp.com/business/article/3334671/hong-kongs-home-sales-recovery-looks-more-solid-transactions-prices-edge?utm_source=rss_feed Mon, 01 Dec 2025 01:30:17 +0000 Yulu Ao Yulu Ao Hong Kong’s worst residential fire in history has cast a shadow over property sentiment, but the overall impact on the home market is likely to prove temporary because broader economic fundamentals will continue to drive longer-term trends, according to analysts. The devastating fire last week at Wang Fuk Court in Tai Po left at least 146 people dead and 79 injured, including firefighters, with the status of around 150 residents still unclear. “Everyone is more cautious right now, and because of... https://www.scmp.com/business/china-business/article/3334672/hong-kong-property-viewing-dips-following-deadly-fire-city-pauses-mourn?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3334672/hong-kong-property-viewing-dips-following-deadly-fire-city-pauses-mourn?utm_source=rss_feed Sun, 30 Nov 2025 11:00:09 +0000 Cao Li Cao Li For homeowners in mainland China, selling a property has become so difficult that some are turning to xuanxue, a neo-Taoist philosophy that has morphed into internet slang for any superstitious ritual meant to enhance luck, from feng shui tweaks to cyber talismans. Praying in temples, buying ‘quick-sale’ talismans, or simply writing the word “sold” on a piece of red paper are just a few examples. When a homeowner in Shanghai recently claimed on social media that she found a buyer after praying... https://www.scmp.com/business/china-business/article/3333723/homes-fail-sell-mainland-chinas-depressed-market-sellers-turn-superstition?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3333723/homes-fail-sell-mainland-chinas-depressed-market-sellers-turn-superstition?utm_source=rss_feed Sun, 23 Nov 2025 03:00:08 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s luxury residential rents are likely to climb another 3 to 5 per cent next year as growing numbers of returning Western expatriates and home-grown professionals drive demand for high-end accommodation, according to Savills. Deals were expected to exceed the 660 last year, said Jack Tong, the property consultancy’s director of research. “The outlook remains cautiously positive,” he added. For next year, Savills expected “stable to gently rising luxury rents as the supply of prime units... https://www.scmp.com/business/article/3332283/returning-expats-fuel-hong-kongs-luxury-rental-rebound-savills-says?utm_source=rss_feed https://www.scmp.com/business/article/3332283/returning-expats-fuel-hong-kongs-luxury-rental-rebound-savills-says?utm_source=rss_feed Wed, 12 Nov 2025 00:30:08 +0000 Cheryl Arcibal Cheryl Arcibal The number of luxury flat rental deals in Hong Kong continued to rise this year, buoyed by demand from wealthy mainland Chinese and Western expatriates, amid the city’s stock market rally and the government’s efforts to attract more affluent investors, according to agents. In the first nine months of the year, there were 168 deals for rentals that cost HK$100,000 (US$12,870) a month – a 10 per cent increase over the same period in 2024 – at The Peak and the Southern district, two of the city’s... https://www.scmp.com/business/money/wealth/article/3331154/wealthy-mainland-chinese-western-expats-drive-hong-kongs-luxury-flat-rentals?utm_source=rss_feed https://www.scmp.com/business/money/wealth/article/3331154/wealthy-mainland-chinese-western-expats-drive-hong-kongs-luxury-flat-rentals?utm_source=rss_feed Sun, 02 Nov 2025 01:30:15 +0000 Salina Li Salina Li Hong Kong’s residential property market showed signs of improvement in the third quarter, as the crucial barometer of negative equity cases decline. The number of negative equity loans fell 17 per cent to 31,449 at the end of September, from 37,806 at the end of June, the Hong Kong Monetary Authority (HKMA) said in a statement on Friday. The total value of residential mortgage loans in these cases fell to HK$156.8 billion (US$20.18 billion), from HK$190.2 billion three months earlier. The... https://www.scmp.com/business/article/3331076/hong-kongs-third-quarter-negative-equity-cases-shrink-17-banks-staff-shift-loans?utm_source=rss_feed https://www.scmp.com/business/article/3331076/hong-kongs-third-quarter-negative-equity-cases-shrink-17-banks-staff-shift-loans?utm_source=rss_feed Fri, 31 Oct 2025 09:25:09 +0000 Salina Li Salina Li Family members and executives at Hong Kong property developer Great Eagle continue to snap up local residential units, as the city’s housing market sees improved investment sentiment amid market stabilisation. Members of the family of Lo Ka-shui, chairman and managing director of Great Eagle, as well as executives of the company, jointly acquired six residential units on Hong Kong Island and in the New Territories this month for a combined total of HK$58.9 million (US$7.5 million). Two units at... https://www.scmp.com/property/article/3330231/great-eagle-insiders-snap-6-hong-kong-flats-us75-million-amid-improving-market?utm_source=rss_feed https://www.scmp.com/property/article/3330231/great-eagle-insiders-snap-6-hong-kong-flats-us75-million-amid-improving-market?utm_source=rss_feed Fri, 24 Oct 2025 09:55:48 +0000 Salina Li Salina Li Hong Kong developer Sino Land’s chairman, Daryl Ng Win Kong, is confident about the outlook for the city’s property market next year, noting multiple positive signals have emerged boosting the market. Chief among the factors were the start of a lower interest-rate cut cycle and a robust initial public offering market, Ng said after the company’s annual general meeting on Wednesday, his first since being appointed chairman in August. The Hong Kong Monetary Authority reduced rates in September for... https://www.scmp.com/business/article/3329956/sino-land-chairman-darryl-ng-sees-positive-signs-hong-kongs-property-market?utm_source=rss_feed https://www.scmp.com/business/article/3329956/sino-land-chairman-darryl-ng-sees-positive-signs-hong-kongs-property-market?utm_source=rss_feed Wed, 22 Oct 2025 10:40:43 +0000 Salina Li Salina Li Mainland Chinese homebuyers remain a strong driving force in Hong Kong’s residential property market, spending HK$38 billion (US$4.9 billion) to account for 25 per cent of the city’s total home transactions in the third quarter, according to Centaline Property Agency. Buyers with names in pinyin – the mainland’s system of romanisation of Chinese script – registered 3,797 deals between July and September, up 7 per cent from the previous quarter, Centaline said in a report on Monday. It noted that... https://www.scmp.com/business/money/article/3329675/mainland-chinese-buyers-fuel-25-hong-kong-home-sales-last-quarter-centaline-says?utm_source=rss_feed https://www.scmp.com/business/money/article/3329675/mainland-chinese-buyers-fuel-25-hong-kong-home-sales-last-quarter-centaline-says?utm_source=rss_feed Mon, 20 Oct 2025 09:15:07 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong property sales in September increased in both volume and value, according to official data, as the city’s real estate sector finds support from easing monetary policy and a resurgent stock market. Total deals in September – covering new and lived-in homes, office spaces, shops, car parking slots and industrial units – rose 6.3 per cent from a month earlier to 6,870 units, with the total value rising 11.9 per cent to HK$53.48 billion (US$6.87 billion), according to data from the Land... https://www.scmp.com/business/article/3327675/hong-kong-property-deals-surge-anew-september-rate-cut-buoyant-stocks?utm_source=rss_feed https://www.scmp.com/business/article/3327675/hong-kong-property-deals-surge-anew-september-rate-cut-buoyant-stocks?utm_source=rss_feed Fri, 03 Oct 2025 01:30:19 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s lived-in home prices rose for a fourth consecutive month to a seven-month high in July, indicating the city’s residential property market may have turned a corner. A widely watched official index of secondary home prices gained 0.42 per cent month on month to 287.9 in July, according to data from the Rating and Valuation Department on Wednesday. It was the index’s highest level since 289.2 in December. Secondary home prices have increased 1.05 per cent since April, narrowing this... https://www.scmp.com/business/article/3323293/hong-kong-home-prices-log-fourth-straight-gain-july-market-shows-signs-recovery?utm_source=rss_feed https://www.scmp.com/business/article/3323293/hong-kong-home-prices-log-fourth-straight-gain-july-market-shows-signs-recovery?utm_source=rss_feed Wed, 27 Aug 2025 05:08:13 +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 Yulu Ao Yulu Ao Rental yields in Hong Kong in June rose to their highest level in more than 13 years, fuelled by strong leasing demand from mainland Chinese students, even as falling mortgage costs made property ownership more affordable compared with renting, according to Centaline Property. The Centaline Rental Index Yields, which tracks residential rental yield, rose for a second consecutive month to 3.56 per cent in June, the highest since November 2011, according to data released on Monday by one of the... https://www.scmp.com/business/china-business/article/3322351/hong-kong-rental-yield-hits-13-year-high-amid-mainland-student-demand?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3322351/hong-kong-rental-yield-hits-13-year-high-amid-mainland-student-demand?utm_source=rss_feed Tue, 19 Aug 2025 07:33:20 +0000 Yuke Xie,Cheryl Arcibal Yuke Xie,Cheryl Arcibal Sales of villas, bungalows and luxury homes in Hong Kong soared to a three-year high in the first six months of this year, as an influx of wealthy immigrants fuelled the hunt for bargains on the top end of one of Asia’s priciest residential property markets. There were 286 registered transactions of villas in the first half, a jump of 23.3 per cent from the same period last year, according to data provided by Centaline Property, one of the largest real estate agencies in the city. The sales... https://www.scmp.com/business/article/3318455/sales-villas-luxury-homes-rise-3-year-high-hong-kong-demand-wealthy-buyers?utm_source=rss_feed https://www.scmp.com/business/article/3318455/sales-villas-luxury-homes-rise-3-year-high-hong-kong-demand-wealthy-buyers?utm_source=rss_feed Wed, 16 Jul 2025 23:30:09 +0000 Yuke Xie Yuke Xie Luxury home sales in Shanghai are defying a nationwide slump, as wealthy buyers snap up “safe haven” assets amid expectations of further price gains – a trend likely to continue given scarce inventory and rising land costs. In the first half of this year, the mainland’s financial capital led in transactions of premium homes, accounting for sales of 482 new homes priced above 50 million yuan (US$7 million), more than 80 per cent of the total across 30 cities, according to data compiled by China... https://www.scmp.com/business/article/3317431/shanghais-luxury-home-sales-boom-wealthy-buyers-flock-safe-haven-assets?utm_source=rss_feed https://www.scmp.com/business/article/3317431/shanghais-luxury-home-sales-boom-wealthy-buyers-flock-safe-haven-assets?utm_source=rss_feed Wed, 09 Jul 2025 00:30:07 +0000