Property Market – Page 8 – Charm

Opinion | Hong Kong renters look to cuts in interest rates for relief

Cs news10 months ago02 mins

To buy or to rent – that has become a big question for locals as well as new arrivals to Hong Kong. Rents are set to shoot past the previous peak in August 2019. Robust demand comes from newly arrived residents, and potential buyers waiting for interest rates to drop are sitting on the sidelines….

Hong Kong’s Battered Property Market Lures Chinese State Buyers

Cs news10 months ago01 mins

As Hong Kong’s commercial property slump drags on, Chinese state money has emerged as one of the few pillars of support. Chinese firms have become active buyers in the city’s flailing real estate market, snapping up shopping malls and offices as local and international investors pull back. While deal sizes are smaller than during Hong…