property market

New Business

Opinion | More of China’s spending power needs to be unleashed. Here’s how

There are signs that the Chinese economy has been improving, owing to the government’s September 2024 stimulus package. Year-on-year gross…

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Chinese developer Sunac reaches deal with key creditors on offshore debt revamp plan

Sunac China Holdings has reached an agreement with key creditors to restructure US$9.6 billion in offshore debt, marking another step…

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China’s new-home prices extend decline for 22nd month, but stimulus offers hope

China’s new-home prices fell for a 22nd straight month in March, but the declines continued to narrow as government support…

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Hong Kong’s new home prices sink as SHKP launches at 11-year low in Sai Kung

Hong Kong’s biggest property developer Sun Hung Kai Properties (SHKP) is shocking the city’s housing market by launching new flats…

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SCMP wins gold at Hang Seng University’s journalism awards with story on real estate slump

South China Morning Post was recognised in the best property reporting category at the 2024 Business Journalism Awards hosted by…

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New Business

New World Development plans sweetening of terms on two loans that it is seeking

New World Development plans to sweeten the terms of two loans it is seeking, using a prized asset that it…

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New Business

China’s home prices drop for 21st straight month as property recovery remains elusive

China’s new-home prices fell for the 21st straight month in February as a recovery continued to elude the key economic…

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New Business

China’s latest plan to boost consumption is ‘most comprehensive’ since 1970s

China’s newly announced consumption action plan is the most comprehensive package of policies for boosting consumer spending that the country…

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China unveils 30-point toolbox to lift consumption

China has vowed to increase household wealth, boost the stock and property markets and funding for artificial intelligence (AI), under…

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New Business

Wharf swings to 2024 loss as mainland China write-downs add to sales slump, office glut

Wharf (Holdings) swung to a loss last year after the commercial property developer wrote down the value of its projects…

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