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Hong Kong Housing Analysts Predict a Market Bottom This Year
Private Companies Are Kerry Properties Limited's (HKG:683) Biggest Owners and Were Hit After Market Cap Dropped HK$987m
The latest index for the beauty company's property prices is reported at 128.61 points, with a week-on-week increase of 0.37%.
The "United States Real Estate Price Index" latest report is 128.61 points, a week-on-week increase of 0.37%. Compared to four weeks ago, the price index has slightly increased by 0.18%.
The Hong Kong Mid-Levels Price Index increased slightly by 0.14% weekly, with a cumulative decline of 6.86% in 2024.
With Hong Kong Banks further reducing interest rates by 0.125%, this is the third rate cut since September, which positively supports the Hong Kong property market, enhances owners' confidence, reduces discount listings, and raises the confidence Index.
KERRY PPT (00683) subsidiary Fuyao will acquire the land use rights for the Tianjie B2 plot and the adjacent Hepingli A plot.
KERRY PPT (00683) announced that Fuyao (the wholly-owned subsidiary of the company) conducted a public bid in 2018...
Zhongyuan Real Estate: The Zhongyuan Valuation Index (CVI) has stabilized above 50 points for three consecutive weeks, indicating repeated contention in Hong Kong's property prices.
This week, the Central Plains Valuation Index (main Banks) CVI reported 50.35 points, a decrease of 3.85 points from last week's 54.20 points.
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