Hong Kong Residential Property Prices Continue to Slide Mid-2016

Downward pressure on second-hand homes to increase in coming 2 months According to global real estate consultant JLL, mass residential property prices in May 2016 have dropped 8.3% on the year in Hong Kong. JLL’s Mass Index, which monitors the capital value movement of a basket of mass residential properties in Hong Kong...

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Hong Kong company defies the doomsayers on Nicaragua Canal project

Developer says the controversial project is economically healthy and viable, but concerns by ecologists, human rights activists and economists continue to grow. Imagine a canal designed for vessels the size of Hong Kong’s skyscrapers: 276km long, 230 to 520 metres wide and 26.9 to 30.2 metres deep. This canal will be three...

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Residential sales in Hong Kong up 45% month on month, prices down

Residential sales in Hong Kong increased by 45% month on month in March from their lowest level in 25 years, reaching 17,106, according to the latest data from the Land Registry. The rise was attributable to a number of primary project launches after Chinese New Year and a reviving resales market, with some flat owners willing...

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