Market Chatter: One-Sixth of Hongkongers Plan Home Purchases in Next Five Years, HSBC Survey Says

MT NewswiresDec 8 22:01 ET

[Brokerage Focus] Jianyin International points out that the Hong Kong real estate market is more inclined towards developers rather than house rental companies.

Golden Finance News | According to research reports from Industrial and Commercial Bank, the Hong Kong real estate market is approaching a turning point in 2024 after experiencing several years of adjustment since 2021 (residential properties) or 2019 (commercial properties), mainly influenced by two supporting factors: policy relaxation in February and interest rate cuts in September. Although the 2024 policy report has limited direct support for the real estate market, the bank believes that it is on the right track in terms of population, economy, and housing policies. Due to positive changes in the market and policies, the real estate market stabilized in the fourth quarter, with improved new property sales, and real estate prices.

Golden Guardian Financial NewsDec 3 22:23 ET

Furui: It is expected that residential property prices in Hong Kong will see a single-digit increase next year.

Fitch published a research report indicating that looking ahead to 2025, it is expected that housing prices in Hong Kong will see a mid-single-digit increase, while prices in Kowloon East and the New Territories may lag due to oversupply.

Zhitong FinanceDec 3 22:12 ET

We Think Sun Hung Kai Properties (HKG:16) Is Taking Some Risk With Its Debt

Simply Wall StDec 2 23:29 ET

In November, the number of new mortgage registrations for Hong Kong primary real estate fell by 21.3% month-on-month, marking a record low after four consecutive months of decline.

In November 2024, the number of existing building mortgage transactions was 3,096, a decrease of 837 transactions (21.3%) compared to 3,933 in October, marking a decline for four consecutive months and reaching a new monthly low since records began in 2001.

Zhitong FinanceDec 2 00:52 ET

Eased Visa Policy for Shenzhen Residents May Boost Hong Kong Developers -- Market Talk

WSJNov 29 03:18 ET