housing market

New Business

China needs to trim housing glut as priority to repair confidence, analysts say

China’s beleaguered housing market is likely to endure another chastening year as some analysts forecast home prices to weaken further…

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New Business

Chinese developer Sunac sells stake in Harbin Ice and Snow World Park for US$138 million

Beleaguered property developer Sunac China Holdings has sold its stake in Harbin Ice and Snow World Park, operator of one…

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New Business

Homebuyers snap up flats at Wang On’s 101 King’s Road project amid market revival

Homebuyers flocked to a new residential project offered by Wang On Properties in Hong Kong’s Eastern district on Saturday, showing…

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New Business

Opinion | South Korea, Australia show rate cuts are no cure-all for property markets

In South Korea, for example, the mere expectation that borrowing costs will soon be reduced has contributed to a sharp…

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New Business

Chinese developers, cities tempt homebuyers with perks like private-jet shares, residency

From private jets to permanent residency in major cities, cash-strapped developers in mainland China are offering increasingly aggressive incentives to…

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New Business

Hong Kong’s 2024 property slump feels like it’s 1997 all over again – or is it?

That was just the start. CK Asset, known as Cheung Kong Property Holdings until it was renamed, would later send…

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