Investment banks are predicting a 5 to 10 per cent decline in Hong Kong home prices next year, providing buying opportunities for renters wanting to switch to home ownership, say agents.
Debt-stricken Chinese property developer CIFI Holding Group makes another loss-making asset sale, as the company grapples with a liquidity crunch and seeks to ‘survive and sustain under the crisis’.
Sun Hung Kai Properties, Hong Kong’s largest property developer by market capitalisation, will on Saturday launch its biggest weekend sales since July 2022 for a new project in Tin Shui Wai.
The move, if confirmed, could be a positive sign that regulators are broadening the scope of their support for property developers, Raymond Cheng, managing…