News

News updated on 24 June 2020

• Hong Kong rent could be waived for two months to ease impact of 10 per cent rise for public housing tenants – www.scmp.com
• Banks cut prices on foreclosed properties in Hong Kong as buyers turn cautious amid distress, market correction – www.scmp.com
• Hong Kong’s Mid-Levels rents slashed. Is city’s luxury property set for a historic rout? – www.scmp.com
• Hong Kong's Office Market Vacancy Rate Reaches 12-year High – www.worldpropertyjournal.com

News updated on 23 June 2020

• Why Hong Kong’s property market will benefit from falling office rent in pricey Central – www.scmp.com

News updated on 18 June 2020

• ‘Optimistic’ CK Asset’s new development in Lohas Park is district’s most expensive initial launch ever – www.scmp.com

News updated on 17 June 2020

• Foreclosures set to surge as Hong Kong homeowners struggle with finances due to recession, rising unemployment – www.scmp.com
• Hong Kong protests, coronavirus see Prada, Tissot make way for cheap phone store on world’s most expensive shopping street – www.scmp.com
• Ambitious plan to redevelop 3,300 buildings in heart of Hong Kong runs into financial problems – www.scmp.com

News updated on 16 June 2020

• Investors shun commercial real estate as Hong Kong grapples with coronavirus impact, political fallout – www.scmp.com
• Hong Kong’s luxury property market is buzzing as buyers see no deterrent in hefty stamp duties, security law controversy – www.scmp.com
• Why scrapping special stamp duty would help alleviate Hong Kong’s housing shortage problem – www.scmp.com

News updated on 13 June 2020

• Hong Kong’s new flat sales rise, but demand to fall way short of the projected 30,000 units to be launched this year – www.scmp.com
• A US$6 trillion tidal wave of quantitative easing is coming, but it won’t buoy Hong Kong home prices – here’s why – www.scmp.com

News updated on 11 June 2020

• Hong Kong’s office market is hollowing out as vacancy rate hits 10-year high. Who can save the landlords? – www.scmp.com

News updated on 10 June 2020

• Hong Kong developers rush sales as buying momentum builds, while city enjoys lull before security law storm – www.scmp.com

News updated on 9 June 2020

• Protest-wracked Hong Kong still world’s priciest housing market in 2019 as Asian cities dominate top five, says CBRE survey – www.scmp.com
• HK property market proves resilient – www.bworldonline.com

News updated on 6 June 2020

• Hong Kong homebuyers show up for third weekend sale in a row, shrugging aside Trump’s threat amid rising US-China tension – www.scmp.com

News updated on 3 June 2020

• The Future of U.S. Home Price Growth, Hard Times for Hong Kong’s Luxury Residential Market and More – www.mansionglobal.com
• Hong Kong's Luxury Property Market Faced Double Hit in Q2 – www.worldpropertyjournal.com
• Australian investment bank Macquarie surrenders office space in One IFC, one of Hong Kong’s most prestigious addresses – www.scmp.com
• In recession squeeze, rents are converging for Hong Kong’s micro flats and subdivided lots – www.scmp.com

News updated on 2 June 2020

• Hong Kong’s young homebuyers set sight on subsidised starter homes in Kowloon East, spurn ‘horrible’ micro flats – www.scmp.com

News updated on 31 May 2020

• ‘Never seen that before’: Some Hong Kong residents hit the panic button as security law revives rush for the emigration gates – www.scmp.com
• US looks to sell its exclusive Hong Kong property as US-China tensions rise – theprint.in

News updated on 30 May 2020

• US government invites bids on six multibillion-dollar Hong Kong mansions, even as White House revokes city’s trade status – www.scmp.com

News updated on 29 May 2020

• Hong Kong home prices slip again, security law may keep the lid on market recovery, analysts say – www.scmp.com

News updated on 26 May 2020

• Politics to play bigger role in moving Hong Kong property prices: DBS – www.edgeprop.sg
• Hong Kong property on increasingly shaky ground – www.afr.com

News updated on 23 May 2020

• Hong Kong homebuyers enter the market, as developers dangle discounts to end nine weeks of slumping property sales – www.scmp.com

News updated on 22 May 2020

• Hong Kong developers suffer in market’s biggest sell-off since mid-2015 as new security law revives protests, capital flight concerns – www.scmp.com

News updated on 21 May 2020

• Developers use forced auctions to snap up Hong Kong’s older buildings for redevelopment amid city’s land shortage – www.scmp.com
• NEW HK HOUSING RULES FUEL SUSPECT DEALS AND MORE ASIA REAL ESTATE HEADLINES – www.mingtiandi.com

News updated on 20 May 2020

• Spike in Hong Kong flat sales raises fraud suspicions – www.freemalaysiatoday.com
• Hong Kong Property Giant Beats Out Rivals To Grab Low-Priced Land Amid COVID-19 Downturn – www.forbes.com

News updated on 19 May 2020

• Developer CK Asset wins Hong Kong’s first plot of land earmarked for private and subsidised starter homes for lowly HK$4.9 billion as Covid-19 batters property market – www.scmp.com

News updated on 18 May 2020

• Hongkongers less bearish on property market, as decline in home prices begins to excite buyers: Citi survey – www.scmp.com

News updated on 16 May 2020

• Hong Kong’s homebuyers shun property sales for the fourth weekend in a row as they await better deals amid a glut of options – www.scmp.com

News updated on 14 May 2020

• Hong Kong, Singapore lead biggest pullback in Asia-Pacific commercial real-estate deals since 2008 financial crisis – www.scmp.com
• Hong Kong Land Auction Fails in Rare Property Market Setback – www.bloomberg.com

News updated on 11 May 2020

• Hong Kong company sells residential land at loss in rare move citing uncertain property market – www.straitstimes.com

News updated on 5 May 2020

• SHOP KING BUYING 3 RETAIL UNITS FOR HK$1B AND MORE HONG KONG REAL ESTATE HEADLINES – www.mingtiandi.com
• Luxury villa snapped up for a low $350m – www.thestandard.com.hk
• CITI SAYS HK HOME PRICES TO RISE 10% THIS YEAR AND MORE ASIA REAL ESTATE HEADLINES – www.mingtiandi.com

News updated on 4 May 2020

• Coronavirus vs. the World’s Most Expensive Property Market – www.wsj.com
• Property market sizzles – www.thestandard.com.hk
• Mainland Chinese buyers disappear from Hong Kong real estate – www.straitstimes.com

News updated on 2 May 2020

• Hong Kong’s business elite are cashing in their luxury villas at a loss as they brace for the city’s worst economic recession – www.scmp.com

News updated on 1 May 2020

• Hong Kong luxury hoteliers to delay 1,000-odd new rooms in market at disastrous levels due to pandemic and protests – www.scmp.com

News updated on 29 April 2020

• Hong Kong hotels on cliff edge as virus adds to protest pain – www.straitstimes.com
• Sun Hung Kai, Kwok family sell 30 per cent stake in office space at Hong Kong’s most expensive commercial site to Ping An Life for US$1.45 billion – www.scmp.com
• Hong Kong housing slump deepens as borrowers in negative equity triple amid coronavirus pandemic – www.scmp.com
• Buyers call the shots as shop owners in Hong Kong’s SoHo entertainment district accept rock-bottom prices – www.scmp.com
• Coronavirus disrupts Hong Kong’s property industry as construction on 90 per cent of projects is delayed – www.scmp.com

News updated on 25 April 2020

• Hong Kong home buyers shun developers’ sales overtures as economic slump deters families from capital commitments – www.scmp.com

News updated on 24 April 2020

• Hong Kong developers scale back project launches, slow down construction as demand dries up due to coronavirus outbreak – www.scmp.com

News updated on 22 April 2020

• Bids for Hong Kong’s land tenders may come in with 20 per cent discounts, foretelling more woes for city’s real estate industry – www.scmp.com

News updated on 20 April 2020

• Co-working spaces thrive in HK, struggle in Singapore shutdown – www.straitstimes.com

News updated on 18 April 2020

• Evergrande’s Emerald Bay project flops for the second time in two months as buyers stay away amid Hong Kong’s economic slump – www.scmp.com
• Mainland Chinese investors are selling Hong Kong property after China reports first GDP contraction in four decades – www.scmp.com

News updated on 17 April 2020

• Hong Kong homeowners at lower risk of facing negative equity or defaulting on mortgages than during Sars, finance chief says – www.scmp.com

News updated on 16 April 2020

• More than 1,000 Hong Kong homeowners could see loans exceed value of properties in first quarter – www.scmp.com

News updated on 12 April 2020

• Is it a good time to buy property in Hong Kong? – www.scmp.com

News updated on 8 April 2020

• Hong Kong’s property prices to fall by up to 20 per cent as the city’s jobless ranks swell amid Covid-19 pandemic – www.scmp.com
• Developers target Hong Kong buyers for overseas property, as local dollar becomes Asia’s strongest currency amid coronavirus pandemic – www.scmp.com

News updated on 7 April 2020

• Investment funds eye deeper discounts, fire sales as distress mounts in Hong Kong property sector – www.scmp.com
• Prices and rents of Hong Kong’s tiny flats to fall this year as coronavirus-driven uncertainty hits demand amid oversupply – www.scmp.com

News updated on 5 April 2020

• Hong Kong developers buy US$193.5 million worth of own shares in bid to support market, boost confidence – www.scmp.com

News updated on 3 April 2020

• Hong Kong retail rents might need to be halved for tenants, landlords to survive coronavirus outbreak, developer says – www.scmp.com

News updated on 2 April 2020

• Sentiment in Hong Kong’s property sector hit across the board as there’s no respite from coronvirus outbreak – www.scmp.com

News updated on 1 April 2020

• Hong Kong's Feb private home prices fall the most in 15 months as virus spreads – www.businesstimes.com.sg

News updated on 31 March 2020

• HK luxury apartment landlords slash rents to attract tenants – www.businesstimes.com.sg
• Hong Kong home prices record biggest drop in 15 months – www.scmp.com
• Hong Kong’s co-living operators slash prices by up to half as people observe Covid-19 social-distancing guidelines – www.scmp.com

News updated on 28 March 2020

• Quarantine a boon for some HK hotels as thousands return – www.businesstimes.com.sg

News updated on 27 March 2020

• World’s costliest offices are poised to enter tenants’ market as Hong Kong businesses reel from coronavirus, protest movement – www.scmp.com

News updated on 25 March 2020

• Can Hong Kong’s free-falling real estate market avoid the cliff, as deep-pocketed Chinese tourists and companies stay away? – www.scmp.com

News updated on 18 March 2020

• Investments in Hong Kong's offices, shops and homes slowed to a standstill as Covid-19 outbreak adds to market's woes – www.edgeprop.sg
• Coronavirus uncertainty casts a pall on the March housing market – www.theglobeandmail.com
• Eight brownfield clusters in Hong Kong could provide 20,000 flats within 10 years, government says – www.scmp.com

News updated on 17 March 2020

• Top Driver of Hong Kong Real Estate: Politics – www.finews.asia
• The Missing Piece: What Is Needed For Hong Kong's Housing Bubble To Burst – seekingalpha.com
• Housing policy cushions Hong Kong’s property slump, adding US$3 billion to wealth of city’s six richest real estate tycoons – www.scmp.com

News updated on 15 March 2020

• The worldwide coronavirus pandemic will change the way we shop, travel and work for years to come. History shows us how – www.scmp.com
• Hong Kong’s most lucrative jobs lose their allure as property agents quit in droves on 70 per cent plunge in sales commissions – www.scmp.com

News updated on 14 March 2020

• Hong Kong homebuyers snap up first new property project in two months, lured by discounts and falling interest rates – www.scmp.com

News updated on 12 March 2020

• Testing time for new sales strategies – www.thestandard.com.hk

News updated on 11 March 2020

• Investments in Hong Kong’s offices, shops and homes slowed to a standstill as Covid-19 outbreak adds to market’s woes – www.scmp.com
• Hong Kong developers dangle discounts to whet appetite in market cratering from coronavirus outbreak, protests – www.scmp.com
• Hong Kong government plans to build 9,000 public housing flats on land near Kam Sheung Road MTR station – www.scmp.com

News updated on 10 March 2020

• MTR Corp plans gradual opening of Lohas Park mall amid struggle to find retail tenants – www.scmp.com
• Hong Kong developer warns of brewing price war in mainland China market as coronavirus hurts home sales, chokes cash flow – www.scmp.com

News updated on 5 March 2020

• Hong Kong homeowners speed up sales as surprise rate cut stirs mixed sentiments on rebound prospects – www.scmp.com
• Hong Kong outlook ‘pathetic’, ‘dire’ in near term, mall and hotel operator Wharf REIC says as it reports drop in revenue, profit – www.scmp.com
• Hong Kong homeowners speed up sales as surprise rate cut stirs mixed sentiments on rebound prospects – www.scmp.com
• New Kai Tak run set amid sales woes – www.thestandard.com.hk

News updated on 4 March 2020

• Hongkongers are selling their homes at huge losses to flee the city as coronavirus weighs on economy – www.scmp.com
• Rents, prices of Hong Kong shops in core shopping districts could sink 80 per cent in next two to three years, property agency says – www.scmp.com

News updated on 3 March 2020

• Hong Kong's property insiders are in buy mode – www.businesstimes.com.sg
• Higher taxes or the environment? Hongkongers likely to face tough choice with government income from land revenues likely to drop, analysts say – www.scmp.com

News updated on 28 February 2020

• Hong Kong home prices extend decline in January with more pain in store as Covid-19 adds to economic gloom – www.scmp.com
• Hong Kong property tycoon Peter Woo to take Wheelock private – www.straitstimes.com
• Money is not everything, says Hong Kong government as it adopts rare approach to selling prime site in heart of Central – www.scmp.com
• Hong Kong hoteliers say market’s a ‘disaster’ as 90 per cent of rooms stay vacant amid viral outbreak – www.scmp.com
• Hong Kong home prices extend decline in January with more pain in store as Covid-19 adds to economic gloom – www.scmp.com

News updated on 27 February 2020

• Worse to come for Hong Kong’s hotel, retail sectors, warns Sun Hung Kai Properties as profit takes a pounding from coronavirus, protests – www.scmp.com
• Worse to come for Hong Kong’s hotel, retail sectors, warns Sun Hung Kai Properties as profit takes a pounding from coronavirus, protests – www.scmp.com
• Hong Kong office rents plummet as coronavirus drags commercial property transactions to an all-time low – www.scmp.com
• Stage payment plans draw buyers – www.thestandard.com.hk

News updated on 26 February 2020

• Many of Hong Kong’s retailers may fold even before they get a chance to discuss rent relief with landlords – www.scmp.com

News updated on 25 February 2020

• Hong Kong is poised for another real estate crisis as falling home prices drive more mortgage borrowers into negative equity – www.scmp.com
• Many of Hong Kong’s retailers may fold even before they get a chance to discuss rent relief with landlords – www.scmp.com
• Hong Kong is poised for another real estate crisis as falling home prices drive more mortgage borrowers into negative equity – www.scmp.com

News updated on 21 February 2020

• Cracks in Hong Kong’s retail industry widen as Dickson Concepts groans, MTR and Hysan extend rent concessions amid slump in tourist arrivals – www.scmp.com
• Hong Kong no longer in Hurun’s top 50 cities for fastest-growing home prices after social unrest killed off demand – www.scmp.com

News updated on 20 February 2020

• Apartment rents in HK sink to lowest in nearly 2 years – www.businesstimes.com.sg

News updated on 19 February 2020

• Hong Kong’s retail sales could sink up to 50 per cent as city shuts out Chinese visitors amid coronavirus outbreak – www.scmp.com

News updated on 18 February 2020

• Hong Kong's teflon home prices are coronavirus-proof – www.straitstimes.com
• Hong Kong retailers stage unprecedented strike in 14 shopping centres to demand lifeline as foot traffic plunges amid coronavirus outbreak – www.scmp.com

News updated on 15 February 2020

• What is the future for Hong Kong’s luxury retailers, as China’s big spenders avoid city of protests and coronavirus quarantines? – www.scmp.com

News updated on 13 February 2020

• Hong Kong property developers cut retail rents in February amid virus battle – www.reuters.com
• Henderson Land cuts rents by up to 60 per cent as Hong Kong issues SOS to support businesses, protect jobs – www.scmp.com

News updated on 12 February 2020

• Hong Kong home prices unlikely to fall to Sars levels during coronavirus outbreak, analysts say – www.scmp.com

News updated on 9 February 2020

• Hong Kong’s property agencies seek rent relief as ‘no one dares to come out’ to sales offices amid coronavirus outbreak – www.scmp.com

News updated on 8 February 2020

• Homebuyers shrug aside Hong Kong’s coronavirus fears, snapping up every Mid-Levels flat offered by Henderson Land for sale – www.scmp.com

News updated on 31 January 2020

• Mapletree’s North Asia REIT spells out measures to defend Festival Walk – www.reitsweek.com
• Hong Kong home prices slip in December as gloomy outlook weighs – www.straitstimes.com

News updated on 29 January 2020

• Hong Kong homebuyers’ tours of Greater Bay Area property projects expected to decline amid Wuhan coronavirus outbreak – www.scmp.com

News updated on 28 January 2020

• Hong Kong property sales to rise 10 per cent in Year of the Rat as investors shrug off impact of Wuhan virus, social unrest – www.scmp.com
• Hong Kong buyers nudge Greater Bay Area home prices to new heights after easier ownership rules – www.scmp.com

News updated on 23 January 2020

• Chinese buyers cool on Hong Kong property following protests – www.businesstimes.com.sg
• RENTS SLIDE 15% IN WORLD’S PRICIEST RETAIL MARKET AND MORE ASIA REAL ESTATE HEADLINES – www.mingtiandi.com
• Office market records negative net absorption for 5 consecutive months – www.jll.com.mo

News updated on 22 January 2020

• Hong Kong’s unrest to determine property market sentiment more than Wuhan pneumonia crisis, says Colliers – www.scmp.com

News updated on 21 January 2020

• Hong Kong developers, real estate agencies put on alert as Wuhan virus threatens to inflict more retail losses after protests – www.scmp.com
• A property market correction would hit Hong Kong hard, however optimistic the expert forecasts – www.scmp.com
• Hong Kong protests weigh heavily on retail property transactions as volumes sink to an all-time low last year – www.scmp.com
• Prada and LVMH to Drop Leases as Hong Kong’s Retail Sparkle Fades – www.wsj.com

News updated on 20 January 2020

• Hong Kong’s real estate investors head offshore for better returns, as prices and rents decline at home amid a slumping economy – www.scmp.com

News updated on 17 January 2020

• Office rents in Hong Kong’s Central district – world’s most expensive commercial property market – to plunge by up to 40 per cent, real estate fund says – www.scmp.com
• Investment in Hong Kong commercial property dropped 52 per cent last year, as protests hit demand across sector, CBRE says – www.scmp.com

News updated on 16 January 2020

• Hong Kong is world's most expensive city for luxuries, Singapore at No 5 – www.straitstimes.com
• With Hong Kong’s property market on verge of huge correction, government must take steps to cushion downside risks – www.scmp.com
• Hong Kong, Shanghai, and Tokyo Are the World’s Most Expensive Cities – www.barrons.com

News updated on 15 January 2020

• Luxury brands use pop-up stores to skirt Hong Kong’s sky-high retail rents amid consumer spending smashed by protests – www.scmp.com
• Li Ka-shing’s CK Asset Holdings says malls unaffected by protests, will open Tsuen Wan shopping centre as planned – www.scmp.com
• Luxury brands use pop-up stores to skirt Hong Kong’s sky-high retail rents amid consumer spending smashed by protests – www.scmp.com
• Chow Tai Fook, Sa Sa to shut protest-hit stores in signs Hong Kong’s retail slump to persist in 2020 – www.scmp.com
• Sa Sa International to close up to 25 per cent of stores in 18 months as Hong Kong retail slump claims more casualties – www.scmp.com

News updated on 14 January 2020

• Hong Kong government overlooked hundreds of millions in money owed by developers over use of public space, ombudsman says – www.scmp.com
• Hong Kong has dozens of disused school sites standing idle – the government should convert them into public rental housing – www.scmp.com

News updated on 13 January 2020

• Hong Kong's house prices falling – www.globalpropertyguide.com

News updated on 11 January 2020

• Hong Kong property scion says social housing a top priority – www.businesstimes.com.sg
• Hong Kong buyers snap up SHKP’s Wetland Seasons flats in Tin Shui Wai for the second weekend as sentiments improve – www.scmp.com
• Hong Kong property scion says social housing a top priority – www.businesstimes.com.sg

News updated on 9 January 2020

• Average home prices fell by a quarter last year in the world’s most expensive city as protests, trade war sapped demand – www.scmp.com
• Hong Kong Disney urged to join land giveaway for housing – asia.nikkei.com
• Rebates lift hopes of recovery – www.thestandard.com.hk

News updated on 8 January 2020

• Landlords in Hong Kong face tough times as protests sink rents – www.straitstimes.com

News updated on 7 January 2020

• Hong Kong hotels target staycations as the city’s tourism industry endures its worst slump since Sars – www.scmp.com
• The completion of small flats in 2020 will be the highest in ten years – www.jll.com.mo

News updated on 3 January 2020

• Louis Vuitton paid an estimated HK$5 million in monthly rent at Times Square before its decision to shut its boutique – www.scmp.com

News updated on 2 January 2020

• Hong Kong home prices snap 5-month decline in Nov – www.businesstimes.com.sg
• WHEELOCK HANDS OVER 500,000 SQ FT OF LAND FOR HK$1 AND MORE ASIA REAL ESTATE HEADLINES – www.mingtiandi.com
• Stage payments lift flat sales – www.thestandard.com.hk

News updated on 31 December 2019

• Hong Kong home prices snap 5-month decline in November – www.channelnewsasia.com

News updated on 30 December 2019

• Commentary: Why property prices remain high in Hong Kong despite protests and violence – www.channelnewsasia.com

News updated on 28 December 2019

• HK residents eye homes overseas as protests drag on – www.straitstimes.com

News updated on 20 December 2019

• Hong Kong’s subsidised flats unappealing to families because of ‘small size and remote location’ – www.scmp.com

News updated on 17 December 2019

• Sun Hung Kai's Adam Kwok calls on HK govt to help struggling hotels – www.businesstimes.com.sg

News updated on 29 October 2019

• Hong Kong protests are pushing the city’s commercial property market off a cliff, and sellers are in denial – www.scmp.com

News updated on 3 October 2019

• Sentiment cools but HK still in danger of bubble Property | 3 Oct 2019 Facebook twitter Email Print – www.thestandard.com.hk

News updated on 30 September 2019

• Hong Kong Aug home prices drop for third month, steeper declines forecast – www.reuters.com

News updated on 28 February 2019

• Squeeze is on for Co-Working firms – www.thestandard.com.hk

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