23 April 2017

Property and Construction

  • Chinese conglomerate HNA Group has announced another overseas asset acquisition plan, Credit: HNA Group

    HNA Group offers to buy Singapore logistics firm CWT

    Apr 10, 2017 8:47am
    HNA Holding Group Co. (0521.HK) has announced an offer to buy all the shares of Singapore-listed logistics firm CWT Ltd. in a deal worth around US$1 billion. In a filing to the Hong Kong Stock Exchange...
  • Mont Vert in Tai Po sold a 180 sq. ft studio (inset) for HK$1.64 million in July 2015. The price has since doubled. Photos: HKEJ, now news

    Small means very expensive in HK housing market

    - Apr 7, 2017 12:44pm
    There is something special about Hong Kong millionaires. Yes, there are more of them now, thanks to the surging property market, but many of them are living in smaller homes. The irony is that small flats...
  • Tightening trends in the US and mainland China, as well as shrinking property transaction volumes, offer warning signs against aggressively taking out loans to invest in properties. Photo: HKEJ

    Why Hong Kong housing boom may run out of steam

    - Apr 5, 2017 4:28pm
    Over the past 10 years, whoever is gutsy enough to invest in properties with borrowed money would have chalked up handsome gains. But can this strategy yield similar results in the coming years? I very much...
  • The 10 cubes are part of a 500-square-foot unit in a  
44-year-old building in Sai Ying Pun. Photos: Google Maps,

    How much does bedspace cost in Sai Ying Pun?

    - Apr 5, 2017 1:58pm
    The property market is really revving up in Sai Ying Pun – and elsewhere in Hong Kong for that matter. Just last weekend the district boasted a new residential project where a one-bedroom flat measuring 407...
  • China's 70-city housing price index was up 10.56 percent in February from the year before. Photo: Bloomberg

    China property curbs may force buyers to smaller cities

    - Apr 3, 2017 1:00pm
    Despite various restrictions on home purchases, property prices in China kept rising in recent years thanks to loose monetary policy. A top policymaker stressed in December that “housing are for living in, not for speculating on”,...
  • Without notable fund outflows, property prices in Hong Kong are likely to remain firm. Photo: HKEJ

    US treasury yield holds key to HK home prices

    - Mar 30, 2017 4:47pm
    We’ve discussed several factors that may trigger a U-turn in Hong Kong’s housing market and concluded that home prices may hit a peak and fall off in third or fourth quarter of this year. But even...
  • Birmingham is now Britain's biggest business hotspot outside London and has become a center for new technology, financial services and architectural showpieces. Photo: Independent Birmingham

    Property investment: Why Birmingham should be on your radar

    - Mar 30, 2017 11:20am
    With the British pound plunging to record lows against most currencies, many are finding more and more excuses to slip into their winter coats for a holiday in the United Kingdom. Investors likewise are making the...
  • Tighter monetary policy, more property curbs and a potential surge in supply could bring a correction to China property market in the third quarter. Photo: Bloomberg

    China property market may peak out in third quarter

    - Mar 30, 2017 9:17am
    Several Chinese property developers posted sharp revenue and turnover growth last year, helping their share prices surge in Hong Kong. The rally saw some stocks even notch 50-100 percent gains over the last six months. The...
  • Evergrande has some US$57 billion in debt, almost six times its market value. Photo: Bloomberg

    Evergrande plans US$1 billion notes to refinance debt

    Mar 24, 2017 1:12pm
    China Evergrande Group (03333.HK), the country’s top home builder, plans to issue up to US$1 billion in US dollar notes to refinance debt, a move which comes on top of a US$1.5 billion dual tranche issue...
  • Kaisa still has considerable assets in Shenzhen, where property prices continue to flourish. Photo: Reuters

    Kaisa set to release long-overdue results to end trading halt

    Mar 24, 2017 11:44am
    Kaisa Group Holdings Ltd., the first and only Chinese property developer to default on overseas debt, will hold a board meeting on Saturday to approve the publication of its 2014-1016 annual results, Bloomberg reports. Releasing the...
  • The Rockefeller family sold 14 buildings of its Rockefeller Center, bought them back and then sold them again to take advantage of huge swings in market prices. Photo: Fordos

    How the Rockefeller family adapts to the changing times

    - Mar 24, 2017 11:06am
    John D. Rockefeller, the patriarch of the Rockefeller family and America’s first billionaire, founded Standard Oil in 1870. It was the largest oil refinery in the weed of its time. As one of the world’s first...
  • The government usually moves to further tighten property policy about six months later if previous measures fail to cool the home market. Photo: HKEJ

    Where to look for signs of a peak-out in home prices

    - Mar 23, 2017 4:33pm
    Last week, I argued that the narrowing price gap with blue-chip housing estates and the rising down payment suggest the starter home boom may soon be over. However, that does not necessarily mean housing prices in...
  • The real estate and construction sector is a major contributor to China's hazardous smog, and accounts for 8 percent of the world's carbon emissions. Photo: Reuters

    Top Chinese property developers launch green index

    Mar 23, 2017 10:55am
    China’s largest real estate developers launched a green index to manage their cement, steel and iron suppliers as the world’s second-largest economy steps up its fight against climate change. The real estate and construction sector is...
  • Li Ka-shing said home prices will continue to soar because of strong buying demand. Photo: Reuters

    Li Ka-shing says HK property rebound to last two years

    Mar 23, 2017 8:15am
    Hong Kong billionaire Li Ka-shing signaled the property rebound in the city could persist for as long as two years as growing demand outweighs government curbs, Bloomberg reports. “I cannot see how property prices would fall...
  • Lui Che-woo (inset) thinks owning a flat in Hong Kong is not an impossible dream -- at least for financial reporters. Photo: HKEJ

    Can a financial reporter afford a flat from tycoon Lui Che-woo?

    - Mar 22, 2017 12:18pm
    If it was a joke, it was a bad joke. Financial reporters posed a tough question to K Wah chairman Lui Che-woo: “How big a flat should a family of three live in when new homes...
  • A dozen Chinese cities unveiled fresh property curbs over the weekend targeted particularly at buyers with at least one property.  Photo: CNSA

    More home curbs could be on the way in China

    - Mar 21, 2017 11:08am
    Over the past month or so, home prices in a number of major Chinese cities have surged 30 percent. The buying frenzy started right after the Lunar New Year holiday and is quickly spreading from Beijing...
  • Prices of starter homes have been rising much faster than those of blue-chip estates, narrowing the gap between the two. Photo: HKEJ

    Hong Kong’s starter-home boom may soon be over

    - Mar 16, 2017 5:06pm
    Hong Kong’s housing market has been picking up since the 2008 financial crisis. Private housing prices surged 195 percent between late 2008 and the end of January this year, translating into an annual increase of 14.3...
  • HNA Group has outlined ambitious plans for a large residential project in East Kowloon after snapping up four sites near the old Kai Tak airport. Photo: HKEJ

    The rise of HNA Group

    - Mar 16, 2017 4:09pm
    For HNA Group, the new star in Hong Kong’s property landscape, scoring a hat-trick is clearly not enough when it comes to bagging prime sites. How about a fourth win in less than five months?  Well,...
  • The central government has reportedly ordered party chiefs in several "hot" cities to curb housing prices, or face the risk of being replaced. Photo: Bloomberg

    China may unveil new measures to cool surging home prices

    - Mar 14, 2017 5:33pm
    Mainland property stocks have surged nearly 50 percent since the start of the year, far outperforming other sectors.  China’s housing market has regained its momentum since the Lunar New Year holiday; housing prices have surged more...
  • China has realized that given the different market situations in various cities, it cannot adopt a 'one rule fits all' approach toward property controls. Photo: Bloomberg

    Why China must stick to differentiated property policies

    - Mar 10, 2017 5:33pm
    In regulating the property market, China has ended the “one rule fits all” approach and moved to differentiated policies and controls in various regions. The new approach has been applauded by property tycoons. “Houses are for...

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