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Market Chatter: Logan, KWG Slash Prices of Luxury Apartments By Half
Logan Group (HKG:3380) and KWG Group (HKG:1813) are selling luxury apartments at The Corniche in Hong Kong at knockdown prices, Bloomberg News reported Tuesday. The apartments used to sell for between
National Bureau of Statistics: The month-on-month decline in commercial residential sales prices in various tier cities narrowed slightly in March, and the year-on-year decline increased
In March 2024, the volume of newly built commercial housing and second-hand housing transactions in 70 large and medium-sized cities increased compared to the previous period. The decline in commercial residential sales prices in various tier cities narrowed slightly from month to month, and the year-on-year decline increased.
Market Chatter: Ares Management Plans to Buy Stake in Project Loan for Hong Kong Property Project
New York-listed investment manager Ares Management Corp. plans to buy a two-thirds stake in a HK$10.2 billion loan funding a luxury property project in Hong Kong, Bloomberg News reported Tuesday, citi
KWG Group Logs 72% Decline in March Pre-Sales Value
KWG Group Holdings (HKG:1813) recorded a pre-sales value of around 1.07 billion yuan in March, down 72.2% from the year-ago period, a Tuesday filing on the Hong Kong bourse said. The property company'
Hejing Taifu Group (01813.HK): Pre-sale value of 1.07 billion yuan in March
Gelonghui, April 2, 丨 Hejing Taifu Group (01813.HK) announced that in March 2024, the pre-sales volume of the Group and its joint ventures and associated companies was RMB 1.07 billion, a decrease of 72.2% compared with the same period last year. The pre-sale construction area of the Group and its joint ventures and associated companies was about 76,500 square meters, a decrease of 62.9% compared with the same period last year.
Midland Properties: Hong Kong property market transactions surged after the withdrawal of the market, and market confidence continued to increase
Lau Ka-fai pointed out that Hong Kong property market transactions surged after the Hong Kong government withdrew. Coupled with the Federal Reserve keeping interest rates unchanged and expecting to cut interest rates this year, market confidence continued to increase, and the confidence index continued to rise for 3 weeks.
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