No Data
No Data
There May Be Some Bright Spots In Sun Hung Kai Properties' (HKG:16) Earnings
Hong Kong's Rating and Valuation Department: In February, the private residential price Index declined by 0.9% month-on-month, falling for three consecutive months, reaching the lowest point in over eight years.
In addition, the rental price increase for private Residences in Hong Kong has slowed down. In February, the rental Index for private Residence units reached 193.5, up 0.3% month-on-month, rising for three consecutive months; up 4.93% year-on-year.
Sun Hung Kai Properties' Fiscal H1 Profit Slides 18%
2024/25 Interim Report
National Bureau of Statistics: From January to February, national Real Estate Development investment reached 1,072 billion yuan, a year-on-year decrease of 9.8%.
According to the National Bureau of Statistics announcement, from January to February, nationwide Real Estate Development investment reached 1,072 billion yuan, a year-on-year decrease of 9.8%, with the decline narrowing by 0.8 percentage points compared to the annual total from last year; among this, Residence investment was 805.6 billion yuan, down 9.2%, with the decline narrowing by 1.3 percentage points.
Market Chatter: Hong Kong's Yau Tong Bay Project May Be Divided Into Four Phases to Loosen Land Premiums