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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.
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.
BINJIANG SER (03316.HK) plans to hold a Board of Directors meeting on March 25 to approve the annual results.
Glory of the Times reported on March 10 that BINJIANG SER (03316.HK) announced that the Board of Directors will hold a meeting on Tuesday, March 25, 2025, to consider and approve the company's and its subsidiaries' annual performance for the year ending December 31, 2024, and to publish it on the website of Hong Kong United Exchange Limited and the company; and to consider the proposal for the distribution of a final dividend, if any.
BINJIANG SER: DATE OF BOARD MEETING
Binjiang Service Group Co. Ltd.'s (HKG:3316) 28% Jump Shows Its Popularity With Investors
Market Update | Property management stocks have risen across the board, with JINMAO SERVICES up over 9%, and CG SERVICES up nearly 8%. Leading companies in the property management Industry are continuously expanding their scale, and the Industry concentra
Recently, CRIC released the TOP 50 property service companies in China for new contract area in January 2025. In January, the TOP 50 companies added approximately 78.08 million square meters of new contract area, with new third-party expansion totaling 71.46 million square meters, and the scale of leading companies continues to expand.
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