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Hong Kong Property: It is expected that the overall property registration volume in Hong Kong will rise to 5,000 cases in March.
According to Wang Pindi, Director of the Research Department of Hong Kong Real Estate, data from the Land Registry shows that as of this month (up to the 17th), Hong Kong has recorded a total of 2,908 property registrations (including new private residences, second-hand Residences, new public housing, commercial shops, pure parking spaces, and Other non-residential properties), an increase of approximately 16.6% compared to 2,493 registrations in the same period last February.
Colour Life Services Group Schedules Board Meeting to Review Annual Results
COLOUR LIFE (01778.HK) plans to hold a Board of Directors meeting on March 28 to approve the annual performance.
Gelonghui reported on March 14 that COLOUR LIFE (01778.HK) announced that the Board of Directors meeting will be held on March 28, 2025 (Friday) to discuss and optionally approve the group's performance for the year ending December 31, 2024, and propose the distribution of dividends (if any).
COLOUR LIFE: NOTICE OF BOARD MEETING
The 美联 house price Index fell by 0.13% week-on-week, continuing to create a new low of over 8 and a half years.
The latest "Morgan Stanley Confidence Index" reports 60.2 points, down 5.2% week-on-week, marking four consecutive weeks of decline. The financial budget announced a significant reduction of the property stamp duty for properties valued at 4 million HKD or below to 100 HKD, which is bullish for the atmosphere of the Hong Kong real estate market; however, several new developments have taken advantage of the situation to launch sales, and some eager sellers have lowered their prices, resulting in an increase in discounted listings and a decline in the confidence index.
Fantasia, Colour Life Censured Over Late Disclosure of Country Garden Deal