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Peggy Ye
Reporter, Business
Peggy joined the SCMP in 2025. Previously, she was a staff writer at Nikkei, where she covered Hong Kong business and the Chinese economy. She holds a bachelor's degree in data journalism from Hong Kong Baptist University.
Peggy joined the SCMP in 2025. Previously, she was a staff writer at Nikkei, where she covered Hong Kong business and the Chinese economy. She holds a bachelor's degree in data journalism from Hong Kong Baptist University.
Areas of Expertise:
Property, financial marketsLanguages Spoken:
Cantonese, English, Mandarin
Businessman and National People’s Congress deputy gets nine-unit property at a 44 per cent discount, says market has bottomed out.
Wheelock and Kerry plan to roll out more than 4,500 units in 2026, even as analysts warn that inventory overhang may cap price gains.
City’s home prices are expected to rise around 10 per cent in 2026, with an ongoing rebound heralding the start of a new upcycle.
Overall residential transactions rose 5.3 per cent to 5,883 last month, but deal value fell nearly 1 per cent to US$6.6 billion.
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Hong Kong mortgage applications and approvals fell in November, but year-to-date volumes still point to a 2025 recovery.
University buys four-storey office block in Kowloon Tong for US$252 million from Singapore-based Mapletree.
Analysts see China’s EV edge enduring, citing overseas profits and supply chain strengths despite tariffs and Western protectionism.
The Emmy-winning firm has bought the top floor of the US bank’s Admiralty office for US$25.4 million – more than 60 per cent below its peak.
Developer offers 148 units in Phase 2A of Sierra Sea development, expecting strong demand from homebuyers.
December gains seen easing after deadly fire dampens sentiment, but a more sustained rebound is forecast from mid-2026 on easing rates.
Attractive discounts, easing mortgage costs and policy support drive the market’s shift towards flats that cost below US$1.3 million.
As property prices stabilise and rents are on the rise, affluent buyers are being enticed with a fresh supply of high-end homes.
Hong Kong is drawing cautious interest from buyers, while markets such as Shenzhen remain weighed down by persistent price declines.
Luxury hotel group announces Courchevel resort’s opening, just days after sources said the prized brand was not for sale.
Qube’s expansion mirrors a broader trend among financial firms taking advantage of softer rents to move into higher-grade offices.
An entity linked to Arnold Lee, CEO of Hecny Group, buys a 2,772 sq ft flat at The Legacy in Mid-Levels West.
Newcomers from across Asia and Europe take advantage of cheaper rents while big-ticket brands delay major commitments.
The flats at One Park Place were in high demand after developers Sino Land, CSI Properties and MTR offered discounts of up to 15 per cent.
Deal highlights investor shift from offices to rental housing as hotel conversions surge amid student influx.
‘Housing prices have bottomed out, and the outlook for 2026 is cautiously optimistic,’ JLL Hong Kong chairman Joseph Tsang says.
Harneys’ new lease is a sign of firmer demand in prime locations after years of pressure, although citywide rents remain subdued.
A scion of one of Anhui’s wealthiest families has paid HK$250 million for a duplex at the Mont Verra development in Kowloon Tong.
A rush of students, young professionals and new arrivals is pushing per-square-foot rents for Happy Valley nano flats towards The Peak territory.
China’s wealthy are shifting more of their portfolios offshore, as they seek to hedge slowing growth, policy risks and low yields at home.
Global confidence in China ticked higher in the third quarter, Morgan Stanley says, driven by US companies and policy support in Beijing.
