Category: Hong Kong

Hong Kong: New Year sees old problems grip property market

Hong Kong: New Year sees old problems grip property market

Even the fireworks of Chinese New Year cannot rid Hong Kong of the gloom currently cast over its property market. Developers are offering cash rebates to stimulate buying interest in a market that has just recorded its worst January sales since 1991. Property sales plunged to 3,123 last month, with agents fearing that this is… Read more »

China: an economy leaving investors ill at ease?

China: an economy leaving investors ill at ease?

As it turns out, China catching a cold did more than cause the world to sneeze – for some countries, it seismically shifted. The start of the New Year wasn’t a happy one for the Chinese stock market, as value fell by 7% in the opening session alone. A ‘circuit breaker’ mechanism, introduced to prevent… Read more »

Are Hong Kong property prices about to crash?

Are Hong Kong property prices about to crash?

As banks prepare to raise repayment rates, how much will the price of Hong Kong property fall in the coming years? Summary: Are investors about to lose 30% from the value of their Hong Kong assets? There was an 80% fall in the number of new homes sold in December – the lowest total since… Read more »

Hong Kong property prices to fall 8% in next three months?

Hong Kong property prices to fall 8% in next three months?

Initial market forecasts that had predicted just a 2% decline in Q1 have been revised as developers try to offload huge oversupplies of real estate. Summary: Property investors in Hong Kong could suffer an 8% drop in values over the next three months Developers in the city will start to offer huge incentives in an… Read more »

Knight Frank: Fed rise to have impact on Hong Kong property market

Knight Frank: Fed rise to have impact on Hong Kong property market

Property markets with links to the dollar will soon feel the impact of the Fed interest rate rise. Summary: A sustained hiking cycle could have significant effects on the Hong Kong and Singapore property markets As the cost of credit increases, sales transactions and property values will fall in the region Investors are placing increasing… Read more »

Perfect storm for Hong Kong property?

Perfect storm for Hong Kong property?

The Federal Reserve’s decision to increase interest rates is just one of the major problems investors have with the Hong Kong property market. Summary: The Fed rate rise will leave the Hong Kong property market even more unaffordable Currently, some of the most expensive property in the world, prices in Hong Kong are expected to… Read more »

Fed interest rates: Property investment in Hong Kong, South Africa and beyond

Fed interest rates: Property investment in Hong Kong, South Africa and beyond

How does a 0.25% interest rate rise from the Federal Reserve affect property investment across the world? Today (December 16th) the world embarked on its next economic cycle. Janet Yellen and the rest of the FOMC have deemed the US economy to be strong enough to enter a hiking cycle. The repercussions of this decision… Read more »