Category: Hong Kong

Fed hikes to slash Hong Kong property prices by 20%?

Fed hikes to slash Hong Kong property prices by 20%?

Goldman Sachs predicts uplifts in Fed rates and continued government cooling measures will see Hong Kong property values drop 20% over next 2 years. Summary: Goldman Sachs is warning Hong Kong property investors to expect the value of their assets to fall by 20% over the next two years Interest rates are expected to rise… Read more »

Hong Kong property sees a 1400% rise in negative equity

shutterstock_151676546 (1) More residential mortgage loans now larger than the value of homes, underlining the performance downturn of Hong Kong's real estate sector. Summary: The number of Hong Kong residential mortgage loans in negative equity increased 1,400% in Q1 2016 Those that put down just 10% deposit hit hardest, with some indexes pointing to 13.3% price falls... Read more »

Hong Kong property prices to fall 20% by end of 2017?

Hong Kong property prices to fall one fifth by end of 2017?

Chinese Yuan to be ‘de-pegged’ from the US dollar next year ─ and the economic fallout will have a significant impact on Hong Kong’s real estate sector. Summary: The Chinese yuan is likely to be ‘de-pegged’ from the US dollar in the second half of 2017 Significant currency devaluation is expected to impact on Hong… Read more »

Northern Powerhouse: “100% rise” in Chinese investors

Northern Powerhouse: "100% rise" in Chinese investors With London reaching an affordability ceiling, property investors in the Far East are turning to real estate in cities such as Manchester and Liverpool. Summary: Property agents in Hong Kong are reporting 100% uplifts in sales of British real estate in cities such as Manchester and Liverpool With values in London reaching an affordability ceiling,... Read more »

15% price fall for luxury Hong Kong property in 2016

15% price falls for luxury Hong Kong property in 2016

Ongoing stock market uncertainty and rising US interest rates will further reduce investor demand for Hong Kong real estate this year. Summary: The value of prime real estate in Hong Kong will fall by 15% in 2016 Market volatility and the rise of US interest rates will dampen investor sentiment throughout the rest of the… Read more »

Hong Kong property market sees lowest sales for 25 years

Hong Kong property market sees lowest sales for 25 years The Hong Kong real estate market continues to struggle, as property sales fell by 70% in February and reached their lowest figure for a quarter of a century. Summary: Property sales fell to 1,807 in February, compared with over 6,000 sales a year earlier Uncertainty over the economy has seen property prices decline by 10%... Read more »