Hong Kong Real Estate News
Hong Kong
Major Hotel Operators Expanding Rapidly Across Asia Pacific in 2024
Hotel owners and operators are adjusting their operational and branding strategies in response to increased labor and utility costs, limited new supply, and the extended peak of the interest rate cycle.
Asia Pacific Office Sector to Further Reprice Throughout 2024
Based on new data by CBRE, Outstanding senior commercial real estate debt in Asia Pacific totals at least $257 billion, with a funding gap of $8.4 billion expected between 2024 and 2026. This is a much narrower gap than investors in the other major regions.
Manila is World's Top Housing Market for Price Appreciation in Early 2024
According to global property consultant Knight Frank, the first quarter of 2024 witnessed an average annual growth rate of 4.1% across the 44 markets covered by the Knight Frank Prime Global Cities Index, marking the strongest rate of growth since Q3 2022
Mainland Chinese Buyers Flock Back to Hong Kong Luxury Properties in Early 2024
Mainland Chinese buyers are observed to have accounted for around 70% of recent primary sales of luxury residential properties worth HKD 30 million or above, rebounding from less than 50% before the removal.
