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Cheryl Arcibal
Senior Reporter, Business
Before moving to Hong Kong, Cheryl covered the economy in her native Philippines.
Before moving to Hong Kong, Cheryl covered the economy in her native Philippines.
Areas of Expertise:
Property, insurance, retail, social mediaLanguages Spoken:
English, Filipino
The trading firm takes a 223,000 sq ft space in one of the largest leasing transactions in Central in decades.
Decision to defer coupon payments on four series of perpetual bonds threatens a bigger drop in home prices, rating firm says.
Unsold inventory in Phuket rose to 4,982 units across 16 projects at the end of the fourth quarter last year, Colliers said.
The Admiralty Centre outlet serves more than 1,000 customers an hour during peak periods, putting it on a path to surpass the Liverpool Street branch.
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Manager of Link Reit expects more rent pressure at home, while Singapore and Australia assets perform well.
An index measuring home prices in the city’s secondary market rose 0.35 per cent from March, according to a government report.
Osaka-based 3Coins store to open in mid-July in Hysan Place; firm plans to sell Japanese grocery products and other items.
Inquiries from Chinese buyers surge and Hong Kong’s Gaw Capital and Black Spade Capital make investments.
The temporary truce in the tariff wars between the US and China also helped improve sentiment in the property market, according to agents.
Investment by Black Spade follows the billionaire’s bet on Vietnamese electric vehicle maker VinFast Auto in 2023.
Concerns over building safety are adding further pressure to a market that was already grappling with slowing demand.
Wang Baoshan paid 22 per cent less than the asking price for the 5,466 sq ft detached house at 8 Perkins Road.
US universities dominate a global ranking by Altrata, led by Harvard with 18,000 ultra-rich alumni, or 4 per cent of the global total.
Hong Kong landlords offer significant discounts to attract tenants amid ongoing retail challenges, reduced tourist spending.
Colliers forecasts commercial real estate deals to increase 14 per cent this year on policy support, valuation appeal.
The three developers will deliver 60 per cent of new homes in 2025 and 2026, up from 40 per cent in 2023 and 2024, JLL says.
Buyer confidence ‘will significantly strengthen’ and first-hand transactions this month are ‘bound to increase’, Centaline CEO says.
Real estate sales rose 9.8 per cent to HK$50.1 billion involving 7,229 new homes, lived-in abodes, offices, shops, car parking slots and industrial space.
SHKP raises prices by nearly 10 per cent after first two batches sold out at levels 20 per cent below second-hand flats.
A growing number of Chinese homebuyers are shifting their attention to markets like Thailand, Australia, Singapore and the UK.
Meitu founder invests US$84 million in Hong Kong property to create a crypto/AI start-up hub.
City’s office-space costs, which trail only London’s West End, declined 1.1 per cent in the first quarter, property consultancy says.
Negative equity cases soar to highest level since at least 2003 amid rising interest rates; experts advise caution for potential buyers.
Prime retail rent in TST, as the area is called, was £17,132 (US$22,976) per square metre per annum in the fourth quarter, according to Savills’ report.
Home prices in the secondary market have lost 1.7 per cent this year, dragging an official index to the lowest level since July 2016.
Partnering with International Workplace Group ‘makes a lot of sense to tap into growing demand for hybrid working’, CEO says.
Purchase follows the Securities and Futures Commission’s acquisition of its own permanent office in Quarry Bay in late 2023.
Construction of nearly 14 million sq ft of R&D facilities is under way in China’s top two cities, report says.
The pricing is about 20 per cent below second-hand properties in the district in the New Territories, Midland Realty says.
