TOPIC

Property policies

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

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

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

12 Nov 2024 - 10:38PM

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

11 Nov 2024 - 5:00PM

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

Construction at Kai Tak. The government has said it aims to cut the waiting period for permanent and temporary public rental homes to 4½ years by the 2026-27 financial year. Photo: Elson Li

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

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

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

Donald Trump pointed to supporters in West Palm Beach, Florida, on election night. Photo: Getty Images via AFP

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 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

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

A general view of a residential housing complex under construction in Huaian in eastern China’s Jiangsu province on October 17, 2024. Photo: AFP

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

A view of the skyline of central Beijing on July 17, 2024. Photo: AP

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

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

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

People walk past a commercial compound in Xintiandi, Shanghai in September 2022. Photo: Yaling Jiang

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

A poster in the window of a real estate agency in Fortress Hill, Hong Kong, shows deeply discounted house prices, on July 29. Photo: Eugene Lee

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

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

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

The poor weekend home sales of Pavilia Forest II appear to cloud the outlook for the city’s property sector. Photo: Dickson Lee

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

China’s top 100 developers post better home sales, other signals still weak

Sales by the nation’s top 100 developers rose in October, the first month of year-on-year increase in 2024.

1 Nov 2024 - 3:00PMvideocam

Li Ka-shing companies to store 1 million tonnes of carbon dioxide in Australia

The agricultural property in Australia is three times the size of Hong Kong.

31 Oct 2024 - 12:16PM

Li Ka-shing, left, with son Victor Li Tzar-kuoi. Photo: Dickson Lee

Hong Kong’s failed land tender reflects caution among big developers

Development costs, poor returns may be holding back developers from URA joint ventures, analysts say.

31 Oct 2024 - 10:00AMvideocam

General view of Kowloon City Market and Cooked Food Centre in Kowloon City. Photo: Yik Yeung-man

Ex-Hong Kong leader crosses swords with John Lee again over land supply

Former leader Leung Chun-ying questions wisdom of current administration’s strategy of continuously creating land supply so as to control market.

31 Oct 2024 - 7:54AM

Redevelopment of Hong Kong’s Instagram-famous Choi Hung Estate to begin in 2028

Housing Department tells Wong Tai Sin District Council the first stage of redevelopment will start in 2028 and the second between 2035 and 2036.

30 Oct 2024 - 10:43PMvideocam

Letters | What Hong Kong can do to improve its office occupancy rate

Readers discuss viable measures to control supply and raise demand, visiting mainland China on the new travel permit and how Malaysia should handle South China Sea tensions.

30 Oct 2024 - 11:30AM

The high vacancy rates of Hong Kong offices show no sign of abating. Photo: May Tse

Hong Kong home foreclosures will remain on upswing in fourth quarter: Centaline

Hong Kong home foreclosures will remain elevated in fourth quarter: Centaline.

30 Oct 2024 - 11:20AM

A property agent seeks business at the Wong Chuk Hang MTR station. Photo: Sam Tsang

Hongkong Land seeks US$10 billion from asset reshuffle, eyes high-end market

Strategic pivot aims to ‘ultimately’ double its profit before interest and tax and grow its assets under management to US$100 billion by 2035.

29 Oct 2024 - 9:59PM

Hong Kong home prices fall to their lowest since 2016, but rents rise

Secondary home prices fell 1.7 per cent in September, while rents rose 0.1 per cent month on month.

29 Oct 2024 - 4:20PM

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