Commercial premises will need to cover a huge predicted deficit of EV charging stations, the property consultancy says in a report. Photo: Elson Li
Hong Kong property

Electric cars mean big changes for Hong Kong’s commercial property: CBRE report

4 minutes ago

Commercial premises will need to step up and cover a huge predicted deficit of EV charging stations, while the recycling and storage of EV batteries may spur demand for industrial and warehouse space, the property consultancy says in a report.

Commercial premises will need to cover a huge predicted deficit of EV charging stations, the property consultancy says in a report. Photo: Elson Li

Electric cars mean big changes for Hong Kong’s commercial property: CBRE report

Commercial premises will need to step up and cover a huge predicted deficit of EV charging stations, while the recycling and storage of EV batteries may spur demand for industrial and warehouse space, the property consultancy says in a report.

4 minutes ago

Hong Kong, Singapore prime property prices to see big declines in 2024: Savills

Of the 30 cities monitored in the Savills World Prime Residential Index, 17 will see price declines, with Hong Kong projected to see the highest drop of up to 10 per cent and as much as 3.9 per cent in Singapore.

2 hours ago

Hong Kong church Island ECC acquires floors in building home to Sunbeam Theatre

The church has secured several floors at the property at 413-423 King’s Road as its ‘future permanent home in Hong Kong’, it said in a statement on its website.

6 Feb 2024 - 1:28PM
Hong Kong’s residential property market is in for another rough year, according to Savills. Photo:  Sam Tsang

Hong Kong, Singapore prime property prices to see big declines in 2024: Savills

Of the 30 cities monitored in the Savills World Prime Residential Index, 17 will see price declines, with Hong Kong projected to see the highest drop of up to 10 per cent and as much as 3.9 per cent in Singapore.

2 hours ago
Hong Kong property

Hong Kong church Island ECC acquires floors in building home to Sunbeam Theatre

The church has secured several floors at the property at 413-423 King’s Road as its ‘future permanent home in Hong Kong’, it said in a statement on its website.

The church has secured several floors at the property at 413-423 King’s Road as its ‘future permanent home in Hong Kong’, it said in a statement on its website.

6 Feb 2024 - 1:28PM
Banking & finance

Bay area property payments about to get easier for Hong Kong, Macau buyers

Hong Kong and mainland Chinese banks are preparing for a new cross-border payment regime that will make it easier for Hong Kong and Macau homebuyers to transfer the funds they need to purchase property in the Greater Bay Area.

Hong Kong and mainland Chinese banks are preparing for a new cross-border payment regime that will make it easier for Hong Kong and Macau homebuyers to transfer the funds they need to purchase property in the Greater Bay Area.

5 Feb 2024 - 8:30PM

China property: Sunac, Country Garden projects added to ‘whitelists’

Sunac China Holdings, Shimao Group, CIFI Group and Country Garden Holdings are among property developers whose projects have been included in ‘whitelists’, a mechanism that qualifies their projects for financial support from banks.

5 Feb 2024 - 4:16PM
China property: Sunac, Country Garden projects added to ‘whitelists’

Office landlord-operator partnerships ‘may end traditional lease business’

More office landlords and flexible work space operators are likely to form partnerships that will do away with the traditional lease business that has been ‘catastrophic’ for the industry, according to the founder of The Work Project.

5 Feb 2024 - 9:30AM
Office landlord-operator partnerships ‘may end traditional lease business’

Bay area property payments about to get easier for Hong Kong, Macau buyers

Hong Kong and mainland Chinese banks are preparing for a new cross-border payment regime that will make it easier for Hong Kong and Macau homebuyers to transfer the funds they need to purchase property in the Greater Bay Area.

5 Feb 2024 - 8:30PM

China property: Sunac, Country Garden projects added to ‘whitelists’

Sunac China Holdings, Shimao Group, CIFI Group and Country Garden Holdings are among property developers whose projects have been included in ‘whitelists’, a mechanism that qualifies their projects for financial support from banks.

5 Feb 2024 - 4:16PM

Office landlord-operator partnerships ‘may end traditional lease business’

More office landlords and flexible work space operators are likely to form partnerships that will do away with the traditional lease business that has been ‘catastrophic’ for the industry, according to the founder of The Work Project.

5 Feb 2024 - 9:30AM

Hongkongers snub new home sales in Yau Tong amid weakening real estate market

The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.

The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.

4 Dec 2022 - 8:56PM

Hong Kong home price forecasts too bearish, JP Morgan says

Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.

Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.

2 Dec 2022 - 10:54AM

Green buildings in Hong Kong command the highest rental premium in Asia: JLL

Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.

Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.

30 Nov 2022 - 7:30AM

Hongkongers snub new home sales in Yau Tong amid weakening real estate market

The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.

The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.

4 Dec 2022 - 8:56PM

Hong Kong home price forecasts too bearish, JP Morgan says

Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.

Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.

2 Dec 2022 - 10:54AM

Green buildings in Hong Kong command the highest rental premium in Asia: JLL

Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.

Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.

30 Nov 2022 - 7:30AM

Property Spotlight

Property | OPINION
Residents walk through a partially shuttered Evergrande commercial complex in Beijing, on January 29. Photo: AP

Opinion | China must shield the rest of its economy from the property contagion

Beijing must let unsalvageable developers fail and, crucially, avoid saddling banks with bad loans. Short-term pain is preferable to infecting finance and creating a deeper, longer economic downturn.

6 Feb 2024 - 7:30PM

The View | Why a soft landing for Singapore property might be no landing at all

Given high borrowing costs, cooling measures and a surge in private home completions, it would be astonishing if Singapore did not see a slowdown. While the property sector is losing momentum, it is the kind of slowdown landlords and investors in most other markets would envy.

Given high borrowing costs, cooling measures and a surge in private home completions, it would be astonishing if Singapore did not see a slowdown. While the property sector is losing momentum, it is the kind of slowdown landlords and investors in most other markets would envy.

5 Feb 2024 - 3:30PM
Why a soft landing for Singapore property might be no landing at all

The View | India’s trend-defying property market is a sight to behold

India’s growing middle class, the right government support and a favourable external environment have given the property sector wings to escape the headwinds buffeting markets elsewhere.

India’s growing middle class, the right government support and a favourable external environment have given the property sector wings to escape the headwinds buffeting markets elsewhere.

29 Jan 2024 - 4:30PM
India’s trend-defying property market is a sight to behold

The View | Could Asia’s home rental market for the next big thing for investors?

The emerging sector of multifamily properties is offering many untapped opportunities – especially in China, where catalysts for the institutionalisation of its rental housing market have coalesced in recent years.

The emerging sector of multifamily properties is offering many untapped opportunities – especially in China, where catalysts for the institutionalisation of its rental housing market have coalesced in recent years.

22 Jan 2024 - 4:30PM
Could Asia’s home rental market for the next big thing for investors?

The View | Asia real estate: why 2024 can be a year of resilience and strength

The big worries in Asian real estate from 2023 will persist this year, but sources of resilience and strength will also endure. Trends meriting close attention include Australia’s housing market, Chinese property beyond housing, an Indian real estate boom and retail property strength.

The big worries in Asian real estate from 2023 will persist this year, but sources of resilience and strength will also endure. Trends meriting close attention include Australia’s housing market, Chinese property beyond housing, an Indian real estate boom and retail property strength.

9 Jan 2024 - 11:11AM
Asia real estate: why 2024 can be a year of resilience and strength
A worker washes windows next to air conditioning units at an apartment building in Tokyo, Japan, on July 21. Flat prices in the capital have risen sharply, leaving them on a par with their level at the peak of the asset price bubble. Photo: Bloomberg

The View | Asia’s housing market pain: why Japan could be next

China’s property crisis is just one of many signs that Asia’s housing sector troubles are far from over. Japan could be in for a shock if a shift from years of ultra-loose monetary policy pushes up lending rates, hitting home loans hard.

12 Dec 2023 - 9:30AM
Agencies advertising lower property prices are seen in Quarry Bay, Hong Kong, on November 2. Photo: Elson LI

Opinion | Why now is the best time to buy Hong Kong property in 15 years

Property prices are down and long-term demand is healthy as the Greater Bay Area develops and more mainlanders settle in Hong Kong. Residents with long-term plans can purchase property now without too much competition from overseas investors.

5 Dec 2023 - 9:30AM