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A Look At The Fair Value Of Sun Hung Kai Properties Limited (HKG:16)
Hong Kong's financial budget proposal is expected to bring positive news, leading to a new round of rising waves in the real estate market.
The Chief Executive of the Residential Division of Midland Realty, Bu Shaoming, stated that the market is looking forward to Hong Kong's new Budget.
Market Chatter: Sun Hung Kai to Launch 781 Units in Sai Sha, Hong Kong in Q1
S&P: It is expected that the rental prices for Class A office buildings in Hong Kong will decline by 8-10% this year.
Standard & Poor's published a report stating that office rents in Hong Kong are expected to continue declining this year, and valuations will follow suit. Major real estate developers holding Grade A office properties will face the impact of property valuation adjustments.
Hong Kong property: It is anticipated that property prices and rents in Hong Kong will rise by 5% in 2025.
The CEO of Hong Kong Properties, Ma Tai-yang, indicated a cautious yet optimistic outlook for this year's Hong Kong property market.
Market Chatter: New World Development, Sun Hung Kai Price Residential Projects