Hong Kong’s housing market may be on the verge of a sharp rebound and a new upcycle after four years of decline, according to Praveen Choudhary, head of Asia gaming, Hong Kong and India property research at Morgan Stanley. Choudhary expects home prices to rise about 10 per cent in 2026 – among the most…
Hong Kong’s finance chief has anticipated improving market sentiments after downward trends in the retail, catering and property sectors show signs of stabilising, and the prospect of an interest-rate cut cycle emerging. Financial Secretary Paul Chan Mo-po said on Sunday that authorities had been paying attention to the slow recovery of the retail and catering…
In the Nineties and Noughties, a significant number of property investors — and ordinary owner-occupiers — were making large amounts of money from buying properties in need of refurbishment, doing them up quickly and selling them on at a profit, aka flipping. But, 20 years on, this practice is much less common. According to recent…