Hong Kong Residential Property Prices Continue to Slide Mid-2016
Posted by Micheal Thomas on Jul 13, 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...
Hong Kong company defies the doomsayers on Nicaragua Canal project
Posted by Micheal Thomas on Jul 2, 2016 |
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...
Residential sales in Hong Kong up 45% month on month, prices down
Posted by rpg on Jun 3, 2016 |
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...