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Tag: Hong Kong

Posted on July 13, 2022

Is Hong Kong’s property market turning? Buyers walk away from 21 signed contracts, forfeiting US$1.1 million in deposits amid rising rates

A total of 21 buyers of the project in Cheung Sha Wan failed to complete transactions they agreed to in 2020, says Twin City Holdings The number of terminations in one day is among the highest in …

( read original story …)



Posted on July 12, 2022

Covid-19 pandemic hits value of Hong Kong’s subsidised Home Ownership Scheme flats, study shows

according to Hong Kong Metropolitan University’s (HKMU) HOS Price Index, the first gauge to reflect subsidised housing price levels. The Centa-City Leading Index, a gauge of lived-in home prices …

( read original story …)



Posted on July 12, 2022

Covid-19 pandemic hits value of Hong Kong’s subsidised Home Ownership Scheme flats, study shows

according to Hong Kong Metropolitan University’s (HKMU) HOS Price Index, the first gauge to reflect subsidised housing price levels. The Centa-City Leading Index, a gauge of lived-in home prices …

( read original story …)



Posted on July 12, 2022

Hundreds of Hong Kong land sites with room for at least 20,000 new flats stuck in limbo as owners call for government action

Many ageing flats across the city, built for civil servants, are vacant or being used for storage as land premiums make the sites unattractive for redevelopment Urban Renewal Authority pilot projects …

( read original story …)



Posted on July 11, 2022

‘Chilling’ use of security law threatening Hong Kong’s finance hub status, says U.S. envoy

The top U.S. diplomat in Hong Kong on Monday urged China to ease political pressure on the city, warning that the “crude and chilling” use of a sweeping national security law threatened its role as an …

( read original story …)



Posted on July 11, 2022

Former Hong Kong Property Billionaire Pan Gets Bankruptcy Order

Distressed Hong Kong property tycoon Pan Sutong was told by the city’s high court to go bankrupt, marking another blow to the former billionaire.

( read original story …)



Posted on July 11, 2022

Former Hong Kong Property Billionaire Pan Gets Bankruptcy Order

Distressed Hong Kong property tycoon Pan Sutong was told by the city’s high court to go bankrupt, marking another blow to the former billionaire.

( read original story …)



Posted on July 11, 2022

Former Hong Kong Property Billionaire Pan Gets Bankruptcy Order

Distressed Hong Kong property tycoon Pan Sutong was told by the city’s high court to go bankrupt, marking another blow to the former billionaire.

( read original story …)



Posted on July 11, 2022

Former Hong Kong Property Billionaire Pan Gets Bankruptcy Order

Distressed Hong Kong property tycoon Pan Sutong was told by the city’s high court to go bankrupt, marking another blow to the former billionaire.

( read original story …)



Posted on July 11, 2022

Commercial real estate investments in Hong Kong up 17.5% to HK$16b in Q2

The industrial sector accounted for almost half of the investment volume. Hong Kong’s commercial real estate investment volume reached HK$16.0 billion in Q2 2022, according to data from CBRE. Though …

( read original story …)



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