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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
Two-dish eateries multiply and fast-food outlets like Jollibee thrive even as closures continue amid a segment ‘reset’.
A new law approved by the kingdom is set to give non-Saudis rights to buy homes in designated zones.
Developer generates HK$4.2 billion from the sale of flats in The Pavilia Forest and nearly HK$8.8 billion from Deep Water Pavilia.
Economic uncertainties may stall interest rate cuts by the Federal Reserve, hurting consumer spending and business expansion.
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Second-hand home prices record a 0.03 per cent gain in June, the third straight month of improvement.
Fast-food chain to sell assets in Tsim Sha Tsui, Causeway Bay, Mong Kok, Kennedy Town, Tai Kok Tsui, Yuen Long, Tsuen Wan and Tsz Wan Shan.
Chinese operators are expanding their footprint in Hong Kong, a major destination for mainland travellers, analysts say.
In the second quarter of 2025, Wimbledon home prices recorded a 3.4 per cent increase from a year earlier.
Some nine out of 10 office tenants in Hong Kong expect longer rent-free periods from their landlords, Colliers says.
286 deals on homes valued at more than HK$500 million each were registered in the first half, a jump of 23.3 per cent from the same period last year, Centaline said.
The density of ultra-wealthy residents and second-home owners in Hong Kong was more than twice that of London.
The university paid HK$120 million for the shopping arcade, shops and car park in the residential tower, agents say.
Slashing rents impacts assessments, so landlords must strike a balance between cash flow and long-term asset value, Knight Frank says.
Capital value of commercial property set to fall by up to 10 per cent this year, with office and shop rents also slipping, JLL says.
Shops keep closing despite retail sales growth but certain sectors show ‘leasing velocity’, while both tourist numbers and unemployment rise.
Even a few new high-net-worth residents buying homes would have a ‘significant impact’ on the luxury property market, analyst says.
Overall deals rise 13 per cent, as transaction value reaches a 14-month high and home sales exceed 5,000 for the fourth straight month.
Group controlled by tycoon Albert Yeung is struggling with debts of HK$16.6 billion, while losses have more than doubled to HK$4.74 billion.
Refinancing loans drive the increase, rising 33.7 per cent to HK$3 billion, the Hong Kong Monetary Authority says.
‘Trophy buildings with large floor plates in Causeway Bay will be the new focus of the market and will draw more tenants,’ JLL says.
Prices could rise up to 5 per cent this year given improving market sentiment and low financing costs, CBRE says.
Chinese buyers’ inquiries for UAE property jumped by 125 per cent quarter on quarter in the first three months of the year, according to Juwai IQI.
Hotel deals made up 45 per cent of commercial real estate transactions in the first three months of the year, the busiest quarter on record.
Hong Kong investors continue to make waves in Japan’s real estate market, rivalling those from the US, Singapore and mainland China.
‘The decline in prices is behind us,’ and the upcycle could last five years, bank’s property research head says.
The last day of operation of Ancient Moon in North Point is on July 19, according to its Instagram post.
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.
