TOPIC

Property policies

The Northern Metropolis will be developed on land at the border with Shenzhen. Photo: Martin Chan

Hong Kong economy

Firms to pledge support for Hong Kong’s Northern Metropolis after Beijing’s call

Firms will attend ceremony on Friday to show they intend to take part in the mega development, sources say.

1 hour ago

Hong Kong economy

Is Hong Kong’s system of assessing land demand broken? Experts have the answers

24 Nov 2024 - 10:30PM

Hong Kong property

Tsim Sha Tsui named world’s fourth most expensive shopping district

21 Nov 2024 - 8:21PM

China property

Shenzhen joins Beijing and Shanghai in offering tax breaks to boost home sales

Homeowners will not have to pay value-added tax when reselling their property after two years.

20 Nov 2024 - 9:54AMvideocam

Shenzhen on Tuesday announced tax breaks on large homes to spur sales. Photo: Getty Images

China property

Amid property crisis, China must shift from ‘availability’ to ‘quality’: premier

Latest comments show how China’s leadership aims to ‘leverage technology’ and embrace modern advancements to fuel urbanisation drive and boost economy.

19 Nov 2024 - 5:03PMvideocam

SCMP Highlights

Recap | Signs of China’s housing market stabilising, new tax breaks: 5 China property stories

Slowing decline of new home prices, policy support drives sales rise and tax breaks in key cities aim to boost the market. See our latest coverage of Chinese property.

19 Nov 2024 - 2:29PM

Hong Kong property

China, Singapore key to Hongkong Land’s US$10 billion asset disposal goal

Analysts approve the developer’s ‘strategic pivot’, but caution that execution remains key to its success.

17 Nov 2024 - 11:00AM

Hongkong Land, which is controlled by conglomerate Jardine Matheson, manages US$32 billion of investment properties. Photo: Shutterstock

Architecture and design

The design secrets of Hong Kong’s private housing estates

These residential complexes may look identical, but new book Cities of Repetition unveils their distinct architectural identities – from Mei Foo Sun Chuen to Sha Tin’s City One.

19 Nov 2024 - 11:46AM

China property

China’s new home prices slow 17-month decline after support measures kick in

Prices across 70 cities fell for the 17th month in October, but at a slower pace, suggesting support measures may be stabilising the market.

15 Nov 2024 - 12:14PM

China property

China unveils new tax breaks to boost home sales, free up household cash

‘Pretty sizeable’ reductions would ease burdens on buyers and sellers, accelerating listings and sales, analyst says.

14 Nov 2024 - 10:22AM

An agent speaks with potential buyers near a scale model of residential buildings at a property fair in Shenzhen, Guangdong province, on Tuesday. Photo: Reuters

Hong Kong property

Chinese tycoon dumps Hong Kong Mid-Levels flat for 35% less than he paid for it

The seller of the flat is An Zhifu, president of Sichuan-based Fulin Group.

12 Nov 2024 - 10:38PM

The Alassio development on Caine Road in Mid-Levels. Photo: Google Maps

Hong Kong property

Hong Kong landlords head for the exit when the going is good

Owners seize upon market optimism amid rate cuts and easing restrictions before a supply glut and uncertain economy derail sentiment.

11 Nov 2024 - 5:00PM

Hong Kong housing

Waiting time for Hong Kong public rental flats remains unchanged at 5½ years

Authorities say faster housing of applicants in New Territories counterbalanced by fewer homes available this quarter.

11 Nov 2024 - 4:31PM

Hong Kong property

Hong Kong residential property prices to rebound in 2025; unsold inventory looms

‘We expect Hong Kong home prices to be up 5 per cent in 2025,’ says Praveen Choudhary of Morgan Stanley.

11 Nov 2024 - 10:00AM

The Pavilia Forest sale in Kowloon Bay. Photo: Dickson Lee

Hong Kong housing

Exclusive | Why didn’t Hong Kong set stricter rules to wipe out its notorious shoebox flats?

Setting a larger minimum size for subdivided flats would have meant delays in supplying homes to those affected, minister says.

11 Nov 2024 - 10:35AMvideocam

A 50 sq ft subdivided flat in Sham Shui Po. Photo: Eugene Lee

International Property

Why Trump election is good and bad for Chinese property investors in the US

Trump tax cuts, tariffs will keep interest rates high, but current owners will benefit from his presidency.

11 Nov 2024 - 7:01AM

China property

China’s embattled property developers see sales surge in October

A release of pent-up demand driven by rate cuts has given developers a much-needed sales boost.

9 Nov 2024 - 6:00PM

Hong Kong property

Hong Kong home prices to bottom out in short term after rate cut: analysts

Unexpected prime-rate cut by local lenders seen bringing more buyers into market, shoring up prices.

8 Nov 2024 - 6:30PM

Staff work at a real estate agency in North Point on October 29, 2024. Photo: Eugene Lee

China property

China’s developers borrow more to satiate their thirst for funding

Bond financing in the property sector rose for the second month in October, rising 3.2 per cent from last year to 29 billion yuan, according to the China Index Academy.

6 Nov 2024 - 2:06PM

China property

Beijing puts no price cap on land sale, signalling property-market shift

For the first time since 2021, market forces will decide the worth of a plot, as well as the prices of homes built on the site.

5 Nov 2024 - 3:55PM

Hong Kong housing

1 in 4 subdivided flats fail to meet minimum size requirements: housing chief

Secretary for Housing Winnie Ho says survey findings also show about 10 per cent of these flats lack a window.

4 Nov 2024 - 9:51PM

A 40 sq ft subdivided flat in Sham Shui Po. Photo: Eugene Lee

Hong Kong property

Hong Kong home sales surge to 5-month high amid easier mortgage rules

A total of 4,697 new and lived-in homes changed hands in October, reversing a two-month decline.

4 Nov 2024 - 7:16PM

People passed a property agency in South Horizons. Photo: Eugene Lee

China property

Singapore builder CDL buys US$1.3 billion site in heart of Shanghai

Builder controlled by family of billionaire Kwek Leng Beng says move represents its ‘confidence in China’s long-term growth prospects’.

4 Nov 2024 - 6:30PM

China economy

The View | China’s property prospects aren’t all doom and gloom

Despite lagging investment, mainland Chinese and Hong Kong real estate markets still have unappreciated long-term growth opportunities.

4 Nov 2024 - 5:20PMvideocam

Hong Kong property

Mainland Chinese buyers rush into Hong Kong property, agents say

Home purchases by mainland buyers surged 69 per cent in the first nine months of the year, accounting for nearly a quarter of transactions.

4 Nov 2024 - 8:30AM

Home shoppers flock to a sales office of Blue Coast II, Phase 3C of The Southside, developed by CK Asset in Wong Chuk Hang, at Fortune Metropolis in Hung Hom on October 19, 2024. Photo: Jonathan Wong

Hong Kong property

As Hong Kong and Singapore age, health businesses loom larger in property market

As the average age in Hong Kong and Singapore rises, landlords and developers need to become more in tune with the medical industry.

3 Nov 2024 - 9:30AM

People cross the street in Central. Photo: Eugene Lee

Hong Kong property

Hong Kong homebuyers give the cold shoulder to New World-led Pavilia Forest II

Pavilia Forest II recorded only one sale as of 5pm on Saturday, while Double Coast I found buyers for 20 units out of 58 flats on offer.

2 Nov 2024 - 9:28PM

China property

China declares worst is over for housing market. Others see more misery

While China’s September stimulus blitz has restored US$4 trillion of value to stock markets, the wealth effect in the property sector is less obvious and immediate.

2 Nov 2024 - 10:02AMvideocam

Help preserve 120 years of quality journalism.

SUPPORT NOW

Property policies

Due to ample liquidity, property in Asian markets such as Singapore and Hong Kong has been driven relentlessly higher for years. As a result, governments have introduced property-cooling measures. On the other hand, Chinese government started easing restrictions such as lowering the down payment for second homebuyers to improve the real estate sector. Western countries also impose different policies against foreign property buying.

last updated:

9 September, 2024