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PROPERTY

Chinese buyers benefited from Hong Kong's property curbs removal

South China Morning Post, Published on 26/03/2024

» HONG KONG: Mainland Chinese buyers are aggressively snapping up new luxury homes worth HK$30 million (140 million baht) or more since the removal of all of Hong Kong's property curbs last month, JLL said.

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PROPERTY

Hong Kong home sales sink to 33-year low

South China Morning Post, Published on 03/01/2024

» Property transactions in Hong Kong descended to the lowest level in 33 years in 2023 as sentiment among potential homebuyers was submerged under a deluge of poor economic news and high interest rates, although December's sales figures showed some rebound.

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PROPERTY

When will Hong Kong property prices recover? Not any time soon

South China Morning Post, Published on 04/08/2023

» The extended weakness in Hong Kong's residential property market has been an unusual and unpleasant experience for many of us. Property turnover fell 40% last year with buyers waiting for price falls and sellers unwilling to sell at these prices.

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PROPERTY

ChatGPT disrupts Asian property industry

South China Morning Post, Published on 10/06/2023

» HONG KONG: In a city of the future, a citizen looking to buy a home will simply explain their requirements to an artificial intelligence (AI)-based assistant, which will orchestrate the entire selection and buying process without a human property agent - or the commissions such agents command.

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PROPERTY

China property crisis: Changzhou latest to lift home resale restrictions

South China Morning Post, Published on 08/03/2023

» Changzhou, an affluent city in China's eastern Jiangsu province, has eased restrictions on the resale of residential property, joining several tier-2 cities in easing curbs to boost demand and breathe life into the struggling market.