Market Chatter: Sun Hung Kai Properties Launches Sale of 160 Apartment Spaces

Sun Hung Kai Properties (HKG:0016) will sell 160 apartment spaces at its Novo Land facility in Tuen Mun, Hong Kong, The Standard reported Wednesday. The apartments are seen to rake in 4,000 checks fol

MT NewswiresJun 19 03:04 ET

Channels: There are signs that the impact of the withdrawal of hot measures in Hong Kong is slowing down, and it is expected to affect the performance of mortgage and insurance in the third quarter.

According to the report from The Intelligent Finance and Economics App, on June 12th, Cao Deming, the vice president of Jieluo Mortgage Brokerage, stated that the Hong Kong property market saw a brief rebound in transactions after the removal of the stamp duty. Coupled with new buyers gradually moving into properties purchased earlier this year, the demand for new mortgages has significantly increased.

Zhitong FinanceJun 12 01:48 ET

Market Chatter: Sun Hung Kai Properties Offers Flats for 15% Less Prices

Sun Hung Kai Properties (HKG:0016) Novo Land in Tuen Mun offers 154 flats at an average of HK$11,598 per square foot, 15% less than last year, The Standard reported Tuesday. The starting price of an a

MT NewswiresJun 11 23:55 ET

Hong Kong property stocks generally rose, with Wharf REIC (01997) up 3.2%. The volume of building transactions in May increased 39.3% year on year.

Jingu Financial News | Hong Kong property stocks generally rise, Wharf REIC (01997) up 3.2%, SHK PPT (00016) up 1.88%, Hang Lung PPT (00101) up 1.86%, Link Real Estate Investment Trust (00823) up 1.62%, Swire Pacific A (00019) up 1.52%. On the news front, data from the Land Registry of the Hong Kong Special Administrative Region government showed that there were 7,361 contracts for all types of buildings submitted to the Land Registry for registration in May, an increase of 39.3% compared with the same period last year. Among the above-mentioned contracts, 5,546 were for the sale of residential buildings.

金吾財訊Jun 4 22:17 ET

Real estate market: The number of mortgage cases for existing buildings in Hong Kong dropped by 14% in May, hitting a new low in 5 months. Meanwhile, the number of mortgage cases for new property increased by 54%, reaching a 19-month high.

According to the latest data from the Mortgage Research Department and Land Registry, the number of existing building mortgage cases in Hong Kong in May was 3,571, a decrease of 595 cases (14.3%) from the previous month, reaching a new low in 5 months.

Zhitong FinanceJun 3 03:45 ET

Does Sun Hung Kai Properties (HKG:16) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' So it seems

Simply Wall StMay 31 00:50 ET