Centaline Property Agency

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China property crisis: UBS predicts 2.4 million foreclosures by 2027 as loan defaults rise

Mainland China’s falling property prices and a weak economy could lead to rising loan defaults, adding to a surfeit of…

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Hong Kong home sales dip as December slowdown looms amid tragedy, holiday lull

Hong Kong’s property deals slipped slightly in November after two months of gains, government data showed, with analysts warning of…

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Hong Kong’s home sales recovery looks more solid as transactions, prices edge up

Hong Kong’s property market is expected to extend its gradual recovery into the end of the year, supported by improving…

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As homes fail to sell in mainland China’s depressed market, sellers turn to superstition

For homeowners in mainland China, selling a property has become so difficult that some are turning to xuanxue, a neo-Taoist…

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Returning expats fuel Hong Kong’s luxury rental rebound, Savills says

Hong Kong’s luxury residential rents are likely to climb another 3 to 5 per cent next year as growing numbers…

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Wealthy mainland Chinese, Western expats drive Hong Kong’s luxury flat rentals

The number of luxury flat rental deals in Hong Kong continued to rise this year, buoyed by demand from wealthy…

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Hong Kong tycoon Peter Law’s daughter buys US$46 million flat after record Peak mansion sale

The daughter of prominent Hong Kong businessman Peter Law Kin-sang has bought a luxury flat in Mid-Levels West following his…

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Grand Mayfair III sells all units amid stabilising Hong Kong property market

Hong Kong’s first-hand housing market saw brisk transactions on Monday, with buyers snapping up all available units at a project…

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Mainland Chinese buyers fuel 25% of Hong Kong home sales last quarter, Centaline says

Mainland Chinese homebuyers remain a strong driving force in Hong Kong’s residential property market, spending HK$38 billion (US$4.9 billion) to…

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New Business

Hong Kong developers test homebuyer sentiment as residential market outlook improves

Two major residential developments in Hong Kong saw tepid sales over the weekend despite a slow recovery in the city’s…

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