BANGKOK (AP) — Shares in China Evergrande were removed from the Hong Kong Stock Exchange on Monday, marking another step in the retreat of the giant real estate developer whose downfall contributed to a prolonged crisis in China’s property market. Evergrande’s creditors are still working to wind up debts that amounted to more than $340…
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…
David Wraight, managing director at Morgan Stanley, has bought two luxury residential units in Hong Kong for HK$147.3 million (US$18.8 million), joining a growing cadre of global financiers on the hunt for high-value properties at reduced rates. The two flats in the first phase of Deep Water Pavilia in Wong Chuk Hang, developed by New…
David Wraight, managing director at Morgan Stanley, has bought two luxury residential units in Hong Kong for HK$147.3 million (US$18.8 million), joining a growing cadre of global financiers on the hunt for high-value properties at reduced rates. The two flats in the first phase of Deep Water Pavilia in Wong Chuk Hang, developed by New…
Is the tide turning for Hong Kong’s ailing property market? When second-hand home prices are down almost 30 per cent from their peak in August 2021 and rents for grade A offices are more than 40 per cent lower than in the second quarter of 2019, talk of a recovery seems wildly premature. But expectations,…
As the setting sun glinted off the skyscrapers in Hong Kong’s financial district, a huge video screen on top of one of the soaring towers projected a slogan celebrating the fifth anniversary of the city’s national security law. It was a visual reminder of how Beijing has stamped its mark onto the heart of an…
Jun 22, 2025 Hong Kong investors are increasingly directing their attention towards Japan’s real estate market, challenging the dominance of US, Singaporean, and mainland Chinese investors. According to a report by market consultants, global investors, including those from Hong Kong, are investing heavily in Japan’s residential property sector as returns in mainland China continue to…
Hong Kong’s residential property market is poised for a recovery after enduring a seven-year downturn, according to Morgan Stanley. Home prices in the city are set to bottom out, driven by an influx of mainland Chinese buyers, improved capital markets and a recent plunge in interest rates, analysts led by Praveen Choudhary said in a…
Apr 30, 2025 Hong Kong’s real estate market is grappling with a surge in negative equity cases, reaching levels not seen since 2003. Official data reveals that the number of properties valued below their mortgage amounts climbed by 6.1% to 40,741 in the first quarter, as reported by the Hong Kong Monetary Authority (HKMA). This…
UK house prices experienced their biggest monthly drop in a year this March, which resulted from market cooling after many homebuyers completed purchases to avoid English and Northern Irish stamp duty changes. According to data from Halifax, the average property price dropped by 0.5 per cent in March, falling to £296,699. This marks the most…