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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
Growing numbers of university students coupled with supply gap are feeding investor appetite for dormitory-style housing and premium offices.
The acquisition is one of the investment company’s largest in recent years and follows its Mandarin Oriental buyout in January.
In the first four months of the year, more than one fifth of new entrants in the city’s retail market were mainland brands, according to JLL.
Additions to the benchmark Hang Seng Index, meanwhile, increase the number of constituents to 93 as the bourse operator presses ahead with expansion to 100.
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Adoption remains selective as some landlords are still cautious, especially when tenant credit profiles are less established.
Chain operator’s executive dismisses speculation of a tie-up, and praises staff amid an ‘extremely competitive environment’.
Able Engineering outperforms analyst forecasts to secure a residential parcel that can fit nearly 1,000 units, and the win is seen reflecting rising confidence in the sector.
Celebrity deals highlight strengthening recovery in luxury property market after transactions more than double in first quarter.
Lower mortgage rates, surging rents and demand from talent inflows and buyers from mainland China to sustain recovery, agency says.
With first-tier cities seeing price upticks, analysts are optimistic that the struggling property sector is showing signs of bottoming out.
Landlords betting on a diversified tenant mix – from pop-ups to ‘sportainment’ – to sustain growth in retail property market, analysts say.
SHKP generated more than HK$1 billion after the sale of the 154 flats at Lime Spark last week.
Tung Chung site draws bids from major developers SHKP, Kerry and Sino Land, reflecting cautious optimism for the residential property market.
Stronger demand has reduced grade-A vacancy rates in Central to a four-year low of 9.6 per cent.
Loan from HSBC and Hang Seng Bank, reportedly worth US$12.8 million, enhances city’s stature in sustainable finance, parties say.
Office and retail recovery gains traction in first quarter, as Hong Kong transactions jump 367 per cent and mainland China tops the market.
City’s luxury retail shows resilience with rising tourist arrivals and new store openings despite global slowdown, according to Savills.
SHKP to benefit as tenants including UBS, JPMorgan Chase and Banco Santander set to move into new office space near high-speed rail station.
All 154 units at the Lime Spark project sold out as of 4.30pm, while 93 per cent of 158 flats available at Highwood Phase 2 found buyers.
Land tenders may test market discipline due to risk of intense bidding, given Hong Kong’s pronounced property upcycles, S&P says.
A total of 8,692 transactions in all sectors were concluded last month, up 12.3 per cent from March’s 7,737 deals.
Shop rents will ‘turn positive by year-end’ but likely post a 3 per cent decline for the entire year, Morgan Stanley says.
Mainland firms’ investments in Singapore fixed assets zoomed to 21 per cent of the total in 2025 from 2.5 per cent a year earlier.
All 120 units at One Victoria Cove I sold out by late afternoon, while Pavilia Farm III sold 19 of 45 units by 6.50pm.
Non-local residents with valid residence permits can buy homes in Futian, Nanshan and Xinan.
Prices of the city’s residential property rose by 1.4 per cent, showing strong resilience despite economic turbulence caused by the Iran war.
Stock-market gains and attractive prices will continue to lure wealthy buyers including mainland Chinese investors, agents say.
Nearly 300 flats released as strong demand meets falling supply, with completions set to decline over the next two years.
China’s ultra-wealthy population has grown 23 per cent in five years, while Hong Kong is forecast to see a 25 per cent rebound by 2031.
