The Hong Kong Buildings Department approved 14 building plans and issued 15 entry sheets in February
The Hong Kong Buildings Department approved a total of 14 building plans in February, including 5 for Hong Kong Island, 4 for Kowloon and 5 for the New Territories; these include 9 residential and commercial developments, 2 commercial developments, and 3 community service developments.
CBRE: Progressive residential rating system has a big impact on developers with more luxury properties
The Hong Kong government mentioned earlier that it will introduce a progressive rating system for residential properties. Lin Ling, executive director of CBRE Hong Kong Valuation and Advisory Services, believes that this measure will have an impact on medium to luxury properties, and is expected to have a big impact on developers with more luxury properties.
Sino Land (00083) issued 118 million interest-bearing shares on April 17
Sino Real Estate (00083) issued an announcement on April 17, 2024, according to the end of June 30, 2024...
Sino Land Company Limited (HKG:83) Investors Are Less Pessimistic Than Expected
With a median price-to-earnings (or "P/E") ratio of close to 9x in Hong Kong, you could be forgiven for feeling indifferent about Sino Land Company Limited's (HKG:83) P/E ratio of 11.1x. However, in
Australia, China, India May Cut Rates Even If Fed Doesn't
The central banks of Australia, China, India, Korea and Thailand may decouple from the Fed and cut rates even if the U.S. central bank stands pat this year, Nomura analysts say in a note. The APAC cen
China's Economy Expected To Surge 5.3% This Year, Fueled By Property Sector Stabilization And Regional Growth: AMRO
The ASEAN+3 Macroeconomic Research Office (AMRO) anticipates China's economy to expand by 5.3% this year, bolstered by the stabilizing property sector and improving external demand.What Happened: AMRO
China's Service Economy Expands Further, Adding to Signs of Recovery
A private gauge of China's services activities notched a 15th straight month of growth, adding to signs of green shoots in the world's second-largest economy as government stimulus measures kick in.
Hong Kong real estate shares partially rose, and after Henderson Land (00012) rose 3.14% and “withdrew”, first-hand housing market transactions hit an 11-year high in March
Jinwu Financial News | Hong Kong real estate stocks rose in part. Henderson Land (00012) rose 3.14%, New World Development (00017) rose 2.06%, Wharf Group (00004) rose 1.56%, Changshi Group (01113) rose 1.09%, and Wharf Properties (01997) and Sino Land (00083) rose less than 1%. On April 2, according to statistics, after the complete “elimination” of the Hong Kong property market, the first-hand housing market recorded about 4,170 transactions in March, a record high in the past 11 years since the “First-hand Residential Property Sales Regulations” were implemented in April 2013.
Sino Land CFO Retires
Sino Land Company (HKG:0083) said its chief financial officer, Thomas Tang Wing Yung, will retire effective April 1, according to a Thursday Hong Kong bourse filing. Tang will also no longer be an exe
Sino Real Estate (00083): Deng Yongyong will retire as Executive Director and Group Chief Financial Officer
Sino Real Estate (00083) announced that Deng Yongyong will retire as the company's executive director and group chief financial officer. The effective date is 20...
Hong Kong Homebuyers Flock to New Projects, Shunning Used Flats
Hong Kong homebuyers are snapping up new properties after the government cut taxes last month.
Zhongyuan Real Estate: The Hong Kong property market is expected to reach 5,000 first-hand transactions in March and is expected to recover a 15% decline by the end of the year
The property market clearly regained prosperity in March. In March, the Hong Kong property price index will reflect the new situation in the property market after the withdrawal. The index is expected to stop falling and stabilize, or even rise slightly.
Knight Frank: Maintaining an L-shaped forecast for property prices in Hong Kong this year, it is expected to drop by up to 5%
Maintaining the original L-shaped forecast for this year's property price trend, there is still an opportunity for property prices to fall by 3% to 5% in the first half of the year, stabilized slightly in the second half of the year, and is expected to remain flat or fall by up to 5% throughout the year.
American League: It is expected that the turnover of commercial stores in Hong Kong will rise by 20% year-on-year this year, and prices are still under pressure
Recently, the Hong Kong Government introduced a number of favorable policies to promote the development of the real estate industry
Changes in Hong Kong stocks | Hong Kong real estate stocks rose, Hengji Properties (00012) rose more than 4%, and the turnover of new properties in the Hong Kong property market is expected to hit a 26-year high in March
Hong Kong real estate stocks generally rose. As of press release, Henderson Land (00012) rose 4.55% to HK$23; Changshi Group (01113) rose 2.93% to HK$36.85; and New World Development (00017) rose 2.61% to HK$9.04.
Li Jia Court: Hong Kong's 50 target housing estates recorded 150 sales last week, a 54-week high
The Zhitong Finance App learned that Chen Haichao, head of the research department of Lijiagge Real Estate, said that the “bamboo shoots” of second-hand housing estates have yet to be added after the previous round of rapid digestion. As owners tend to hesitate to sell one after another, the transaction progress has slowed slightly.
Bank Ratings | J.P. Morgan Chase: Hong Kong property market transactions are expected to remain at a relatively high level in the next one to two months, optimistic about longevity and trust
According to a report published by J.P. Morgan Chase, recently there are reports that Hong Kong real estate stock prices have slowed down in the past month, causing Hong Kong real estate stock prices to outperform the Hang Seng Index by about 2% yesterday (18th). It is believed that transactions were unusually strong, driven by suppressed demand after the “Budget” was announced. Currently, trading has returned to a moderate slowdown in normalization. The bank expects that in the next one to two months, property market transactions will probably remain at a relatively high level. Among them, first-hand transactions are showing excellent performance due to developers being more active in launching new listings and providing more attractive discounts. Compared with second-hand transactions, second-hand transactions will slow down faster. Motong also said, come
China's Economy Has yet to Bottom Out, Nomura Says
China's economy has yet to bottom out, with the property market continuing to slide and the risk of a fiscal cliff on the rise, Nomura Research economists say in a note. While there is some resilience
Shareholders in Sino Land (HKG:83) Are in the Red If They Invested Five Years Ago
For many, the main point of investing is to generate higher returns than the overall market. But the main game is to find enough winners to more than offset the losers At this point some shareholder
Hong Kong Real Estate: Last week, 69 second-hand transactions in Hong Kong's top 20 housing estates hit the second highest in more than 1 year
The Zhitong Finance App learned that Wang Pindi, director of the Hong Kong Real Estate Research Department, said that according to figures recorded by the Frontline Branch, the top 20 major housing estates in Hong Kong recorded 69 second-hand sales transactions last week (March 11 to March 17). Although this is a decrease of about 14.8% from the previous week (March 4 to March 10), it is still the second highest in over a year.
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