Residential Property
Developers starting to speed up new launches due to pent-up demand
Developers starting to speed up new launches due to pent-up demand
There have even been re-listings.
Home sales fall 20.3% to 6,212 in July
But mass home capital values inched up.
Net loans of Hong Kong's top 4 banks have more than doubled since 2009
Annual profits have also grown consistently.
Private housing completions reach 9,271 units as of July 2014
It's already exceeded 2013's full year total.
Buyer Stamp Duty cases drop to 266 in August
Yielded amount also fell to HK$568m.
Latest Hong Kong mortgage data confirm limited risks to banks
Macro-prudential measures to remain in place.
Hong Kong Land still hurt by poor market status in China
Sales amount hit US$262m.
Honghua's 1H14 revenue climbed 54% y/y to RMB3,839mn
But operating losses pulled operating profits lower.
Improved buyer sentiment significantly drives residential market activity
July data show rise in transactions.
Li & Fung's revenue growth under pressure
Even if it's company's year of investment.
Swire Properties bags 7% increase in gross rentals, hits HK$5bn
Hong Kong office occupancy got better, meanwhile.
Swire Properties 1H14 underlying profit surges 34% to $3.8b
Thanks to unexpectedly better net rental income.
April-May exports slightly crept up by 1.7%
External freight volumes also picked up.
55 luxury units above $50 million sold in 2Q14, up 5.8% y-o-y
Demand is still considered soft, however.
3 reasons why Hong Kong's home property prices won't crumble
The risk is highly unlikely.
SHKP and NWD withdraw sales from two luxury housing projects
As top end of property market cools.
URA withdraws tender for 1,700-unit Kwun Tong project
Bidders failed to reach URA's standards.
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