News

News updated on 12 September 2020

• A 10% drop in residential prices is projected for 2020 as the unemployment rate is forecasted to reach 7%; Investment market remains subdued with 50% of deals in Q3 involving PRC buyers – www.taiwannews.com.tw

News updated on 11 September 2020

• How a network of co-working spaces is looking to reshape Hong Kong office space – www.retalkasia.com

News updated on 10 September 2020

• Hang Lung picks up US government’s Hong Kong mansions for HK$2.56 billion, a 20 per cent discount to valuations – www.edgeprop.sg
• U.S. Government Accepts Winning Bidder for Hong Kong Property – www.caixinglobal.com

News updated on 9 September 2020

• Covid-19 impact: Hong Kong, Singapore property will part ways – www.business-standard.com

News updated on 8 September 2020

• Vastly different Hong Kong, Singapore housing markets find common ground in booming co-living segment – www.edgeprop.sg
• TENANTS CONTINUE TO FLEE HK’S CENTRAL AS GOVT AGENCY SHIFTS TO KOWLOON EAST – www.mingtiandi.com

News updated on 3 September 2020

• Hong Kong property transactions sink to lowest level since April as third wave of coronavirus weighs on sentiment – www.scmp.com
• Foreign investors most pessimistic on Hong Kong property market in survey across Asia-Pacific markets – www.scmp.com

News updated on 2 September 2020

• Owners suffer steep losses in home sales – www.thestandard.com.hk

News updated on 1 September 2020

• China interest in HK real estate builds up – www.straitstimes.com
• Home prices slip after two months of gains – www.thestandard.com.hk
• Hong Kong Luxury Home Sales Plummet to 4-Year Low in 2020 – www.worldpropertyjournal.com
• Seacoast Royale extends brisk sale for a fourth weekend as Hong Kong buyers snap up homes amid low rates and easing Covid-19 – www.edgeprop.sg
• Mainland Chinese firms plough their cash into Hong Kong property as souring foreign ties put US, Australia, UK out of the picture – www.scmp.com

News updated on 31 August 2020

• Chinese investors snap up HK property – www.thestar.com.my

News updated on 30 August 2020

• MAINLAND BUYER SNAPS UP CAUSEWAY BAY HOTEL AT 34% OFF – www.mingtiandi.com

News updated on 28 August 2020

• Mainland Chinese demand to stimulate opportunities for Hong Kong real estate sector - Colliers report – www.retalkasia.com
• Hong Kong retail property transactions rise after mortgage rules loosened – www.marketscreener.com

News updated on 26 August 2020

• Prices rise 17pc for Seacoast Royale homes – www.thestandard.com.hk
• HONG KONG’S CASSETTE KING SELLS STAKE IN THE CENTER AT 35% OFF – www.mingtiandi.com

News updated on 25 August 2020

• Chinese Demand For Hong Kong Property Climbs Amid State Support – www.bloomberg.com

News updated on 24 August 2020

• With little rent relief, retailers in HK face eviction – www.straitstimes.com

News updated on 22 August 2020

• NEW WORLD SELLING HK BUS BIZ FOR $410M AND MORE ASIA REAL ESTATE HEADLINES – www.mingtiandi.com

News updated on 21 August 2020

• Hong Kong retail stand-off turns nasty with landlords suing tenants to recover arrears as recession deepens – www.scmp.com
• Hong Kong mortgage relief won't revive weak property market – www.straitstimes.com
• Evictions loom for Hong Kong retailers with little rent relief – www.straitstimes.com

News updated on 20 August 2020

• Why mainland Chinese companies are returning to Hong Kong – www.theinvestor.jll
• Hong Kong mortgage relief won't revive weak property market – www.straitstimes.com

News updated on 19 August 2020

• What’s The Future Of Retail Real Estate in Hong Kong? – jingdaily.com
• Hong Kong Mortgage Relief Won’t Revive Weak Property Market – www.bloomberg.com
• Hong Kong’s monetary authority eases commercial property mortgage rules for the first time since 2009 as market cracks under recession – sg.news.yahoo.com
• Coronavirus, economic slump force mainland Chinese owners to dump their luxury Hong Kong properties at steep losses – www.scmp.com
• Hong Kong eases mortgage rules for commercial property – www.reuters.com

News updated on 18 August 2020

• HONG KONG’S BILLIONAIRE SHOP KING SUED FOR HK$12M IN BACK RENT – www.mingtiandi.com

News updated on 17 August 2020

• How flex space operators are adapting to the current market – www.theinvestor.jll

News updated on 13 August 2020

• Hong Kong's pre-owned home sales dry up, forcing many owners to settle for losses as capital shifts to new abodes – www.edgeprop.sg

News updated on 11 August 2020

• As coronavirus makes work from home the new normal, Hong Kong homebuyers favour New Territories, study shows – sg.news.yahoo.com

News updated on 10 August 2020

• Tuen Mun homes sell out as confidence returns – www.thestandard.com.hk
• Link doubles tenant relief to $600m – www.thestandard.com.hk
• BUILDING ON HONG KONG’S NATHAN ROAD RETAIL STRIP SELLS AT 50% OFF – www.mingtiandi.com

News updated on 9 August 2020

• Hong Kong crisis deals $7.7 billion blow to property tycoons – www.hindustantimes.com

News updated on 8 August 2020

• CHINA RESOURCES-LED GROUP BUYING HONG KONG SUPERMARKET CHAIN FOR $300M – www.mingtiandi.com

News updated on 7 August 2020

• Secondary home prices fall for second straight week, index shows – www.thestandard.com.hk
• Steep discounts for Hong Kong foreclosed homes may portend property price slump – www.straitstimes.com

News updated on 6 August 2020

• Steep discounts for Hong Kong foreclosed homes may portend property price slump – kfgo.com

News updated on 5 August 2020

• SHK NOW PRICED AT LESS THAN HALF OF ASSET VALUE AND MORE ASIA REAL ESTATE HEADLINES – www.mingtiandi.com
• Hong Kong's richest family, the Kwoks, loses US$8 billion in a single year – www.straitstimes.com

News updated on 4 August 2020

• CHINA RESOURCES SAID NEARING HK SUPERMARKET BUYOUT AND MORE ASIA REAL ESTATE HEADLINES – www.mingtiandi.com

News updated on 3 August 2020

• Hong Kong’s City’super Owner Nears Sale to Chinese-Led Group – www.bloomberg.com

News updated on 1 August 2020

• Hong Kong’s homebuyers defy 11 days of triple-digit coronavirus cases to snap up Henderson’s Seacoast Royale flats in Tuen Mun – sg.news.yahoo.com

News updated on 31 July 2020

• Hong Kong’s June home prices rise to 10-month high as buyers defy coronavirus in search for safe haven assets – sg.news.yahoo.com
• New Hong Kong Real Estate Projects Postponed by Third COVID-19 Wave – www.worldpropertyjournal.com

News updated on 30 July 2020

• VANKE JV BUYS HONG KONG SITE FOR HK$3.7B AND MORE ASIA REAL ESTATE HEADLINES – www.mingtiandi.com
• Covid Weighs on Two of Hong Kong’s Biggest Retail Landlords – www.bloomberg.com

News updated on 29 July 2020

• Hong Kong outperforms global gateway cities as favoured investment destination for property over US$10 million – www.edgeprop.sg

News updated on 28 July 2020

• Hong Kong association urges landlords to offer rental lifeline to retailers struggling amid pandemic – sg.news.yahoo.com

News updated on 26 July 2020

• CAUSEWAY BAY SHOP SOLD AT 73% LOSS AS VIRUS WAVE MENACES HONG KONG – www.mingtiandi.com
• Hong Kong developer Wheelock sells most expensive unit at its Koko Hills development for US$8.1 million – sg.news.yahoo.com

News updated on 25 July 2020

• Hong Kong’s homebuyers shrug aside coronavirus relapse to snap up SHKP’s Regency Bay flats in Tuen Mun – www.scmp.com

News updated on 24 July 2020

• Hong Kong outperforms global gateway cities as favoured investment destination for property over US$10 million – www.scmp.com

News updated on 23 July 2020

• CK Asset may be eyeing a shortcut to replenish land bank with its role in Goldin restructuring, analysts say – www.scmp.com
• Billionaire chairman of indebted property firm Goldin, Hong Kong ‘shop king’ among investors disposing of assets on the cheap to pay debt – www.scmp.com

News updated on 22 July 2020

• Hong Kong’s biggest shopping centre Harbour City offers rent concessions and shocks tenants with lease renewal terms – www.scmp.com

News updated on 18 July 2020

• 8 ways coronavirus has changed what people look for in a luxury home – from touchless elevators to more outdoor space – www.scmp.com

News updated on 16 July 2020

• Cash-strapped developer Goldin seeks to raise another HK$8.7 billion in loans and sell Kai Tak site to pay piling debts – www.scmp.com
• Hong Kong Commercial Market Sees Sharpest Price Corrections Since 2008 Crash – www.worldpropertyjournal.com

News updated on 11 July 2020

• Buyers shrug aside Covid-19 relapse for Wheelock’s Koko Hills flats in Lam Tin, giving legs to Hong Kong’s home bull run – www.scmp.com

News updated on 8 July 2020

• Foreign firms in Hong Kong surrendering more office space – www.straitstimes.com
• Hong Kong retail vacancies seen rising as global brands downsize: CBRE – www.businesstimes.com.sg

News updated on 5 July 2020

• HONG KONG HOME SALES HIT 13-MONTH HIGH IN JUNE AND MORE ASIA REAL ESTATE HEADLINES – www.mingtiandi.com

News updated on 3 July 2020

• Hong Kong’s new home sales surge to 13-month high in June as developers price projects aggressively to attract buyers – www.scmp.com
• Koko Hills: Wheelock prices Kowloon East project at a premium, bets on national security law to boost market – www.scmp.com

News updated on 2 July 2020

• US clothing retailer Gap to close some Hong Kong stores after sales sink due to coronavirus-induced slowdown – www.scmp.com
• Schroders buys control of Hong Kong’s property manager Pamfleet, in a vote of confidence amid city’s frayed nerves – www.scmp.com

News updated on 1 July 2020

• Sea view properties in Hong Kong are getting more expensive as affluent families flee protests and coronavirus for Sai Kung, Southside and Lantau – www.scmp.com
• Coronavirus boosts demand for homes on Hong Kong’s outlying Lantau, Lamma islands – www.scmp.com
• Hong Kong’s deferred vacancy tax carries a US$279 million price tag, adding to the financial woes of a recession-busting budget deficit – www.scmp.com

News updated on 30 June 2020

• Hong Kong home prices rise at fastest pace in 13 months in May – www.straitstimes.com
• Has Hong Kong’s home market regained its footing? May’s lived-in price index recorded its biggest gain in 13 months – www.scmp.com
• Has Hong Kong’s home market regained its footing? May’s lived-in price index recorded its biggest gain in 13 months – www.scmp.com

News updated on 29 June 2020

• New World Development speeds up sale of noncore assets as disposals top HK$10 billion in financial year – www.scmp.com

News updated on 27 June 2020

• CK Asset’s bet on home demand pays off as Hong Kong buyers shrug aside US law to snap up Tseung Kwan O’s costliest launch – www.scmp.com

News updated on 25 June 2020

• Victoria’s Secret, known for its seductive lingerie and ads, closes flagship store in Causeway Bay as Covid-19 upends tourism – www.scmp.com

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

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