News
Total home sales expected to have reached over 50,000 in 2016
Total home sales expected to have reached over 50,000 in 2016
Affordability remains a key concern for buyers.
High office rents push firms to flee from Central to outer suburbs
Average rent in the suburbs is half of that in Central.
Hong Kong's CNY tourists edged up 4.8%
It's a "pretty strong trend" according to Secretary Gregory So.
Property sales down 25% to 5,220 units
Overall sales dropped to $39.5b.
Hong Kong shares fall as market reopens to US policy concerns
Hang Seng index dropped 0.2%.
Hong Kong's stamp duties fail to curb surge in property prices
Prices have edged 0.5% higher.
Hong Kong earmarks 35 hectares of land for logistics, storage industry development
These will be in the Northern Economic Belt.
Drop in visitor arrivals narrowed to just 2.1%
But retail sales still dipped by 5%.
Home sales slumped 47.3% to 3,550
Hang Lung Properties sold its 5 batches.
Hong Kong's property cooling measures "can be considered a failure": JLL
Home prices are now up 120% since 2008.
Mainland firms expand property footprint in Hong Kong
They make up 29% of land sold in the past year.
Hong Kong's MTR eyes bid for Sydney contract
It will participate in the $2.58b bid for operating the Southwest link.
Hong Kong banks still well capitalised despite poor profit outlook
Total capital ratio came in at 19.4% in September 2016.
Hong Kong government's surplus hit $49.7b
Expenditure was at $38.09b.
RMB deposits down 12.9% to RMB546.7b
Deposits with authorised institutions dipped 0.3%.
Hong Kong's exchange fund assets up $40.1b
Assets now amount to $3.63tr.
Private housing construction reaches 16-year high
Developers started building 25,500 private apartments in 2016.
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