All Entries in the "Hong Kong" Category
Opus Hong Kong: visionary collaboration between award winning architect and innovative developer
Swire Properties has revealed Asia’s first residential project designed by renowned architect, Frank Gehry.
Opus Hong Kong is a visionary collaboration between Pritzker Prize winning architect, Gehry and innovative Hong Kong developer, Swire Properties.
Covering the tenth floor, the showroom interior acknowledges the project’s spiraling architecture and surrounding nature and habitat.
Hong Kong’s retail property market thrives at expense of competitiveness
According to recent reports by Colliers International, while the residential, office and industrial sectors in Hong Kong are expected to see downward adjustment pressure amidst global economic uncertainties, the local retail property sector is the exception with an uptrend tagged to its outlook in 2012.
Swire Properties completes OPUS HONG KONG
Swire Properties completes OPUS HONG KONG
Hong Kong residential prices predicted to fall
The number of transactions rebounded to 2,884 in February 2012 after months of low-lying housing sales volume. Explanations to this spike include pent-up buying demand accumulated over the past six months and the overall lower mortgage rates offered by some banks earlier this year.
Various individual vendors have regained confidence after transactions picked up in February. This lead to an increase in their asking prices with a small percentage more aggressive than the rest. The result was a softening in transaction since mid-March.
Sun Hung Kai Properties Ltd benefit from eased credit controls
The largest property developer in Hong Kong by market value, Sun Hung Kai Properties Ltd, plans to put 3,500 unfurnished apartments on the market this year at a total price of THB126 billion (US$4.1 billion). The move comes after China eased credit controls on borrowing costs, high down payment requirements and additional transaction taxes in [...]
HK luxury residential prices dip
According to Colliers International’s Residential Market Research & Forecast Report, both luxury residential prices and rents edged down in 4Q 2011 and are expected to see downward adjustment pressure in 2012. During the three-month period ending November 2011, the total number of sales and purchase agreements of residential units notably dropped 27.7 per cent quarter-on-quarter [...]
Results of cross-market online property survey published
Malaysians remain upbeat about the property market despite the demand for houses priced around RM1 million (US$330,688) dropping and the threat of a property bubble according to the results of an online survey. The findings are part of the first cross-market online property survey conducted by the iProperty Group covering Singapore, Indonesia, Hong Kong [...]
Asian investors looking to the United States
The struggling housing market in the United States is attracting interest from abroad. Asian investors are buying homes that have been repossessed by banks and purchasing short sales below the price it would cost to build a new development. A company from Hong Kong, The Creations Group, is taking advantage of the foreclosure rate [...]
50 Connaught Road takes the LEED
50 Connaught Road Central has been awarded the Leadership in Energy and Environmental Design (LEED) by the U.S Green Building Council and becomes the first building in Hong Kong to do so. LEED is an internationally recognised green building certification which provides a framework for building owners to have a measurable impact on performance, [...]
Hong Kong to expect further price corrections in 2012
With prices and rents hitting all time high, all indications suggest that the end of Hong Kong property market’s bull run is near after almost 24 months of unrelenting spikes. Colliers International projected on December eight that all properties – with the exception of ground-floor retail properties in traditional shopping districts – will enter a [...]
