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22.06.26 - 05:00
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Hong Kong home sales cool off over Dragon Boat holiday ahead of new projects (SCMP)
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Hong Kong's property market slowed over the Dragon Boat Festival holiday weekend as outbound travel and unstable weather dampened viewing activity, while developers held back major launches ahead of a fresh pipeline of projects expected to hit the market in the coming weeks.
Developers rolled out 104 new homes during the three-day Tuen Ng or Dragon Boat Festival holiday weekend, but only around half had been sold by Sunday, according to Midland Realty, with most sales coming from existing......
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22.06.26 - 02:00
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Hong Kong′s commercial property slump enters new phase as lenders take tougher stance (SCMP)
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The recent decision by mainland developer Yuzhou Group to sell office space in Central at a substantial loss to repay debt underscores a new reality in Hong Kong's commercial property market: banks are increasingly focused on controlling losses rather than delaying them.
Yuzhou said this month it would sell six office units on the 58th floor of The Center for HK$268.8 million (US$34.3 million) and use the proceeds to reduce its debt, crystallising an estimated loss of HK$83 million.
The disposal......
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22.06.26 - 01:06
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Buyers hunt bargains amid signs that China′s home prices are bottoming out (SCMP)
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Expectations have heightened in major Chinese cities like Shanghai that home prices are bottoming out following a six-year property slump, as would-be buyers actively hunt bargains amid the recent policy easing.
Brisk transactions are also shoring up brokers' confidence in the market where the prices of some lived-in flats have almost halved from their peak.
“Most of the buyers are not betting on a turnaround, they just feel that home prices are more attractive now as the authorities could......
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21.06.26 - 05:30
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Thai property crackdown: Foreign buyers hit pause on villas as nominee loophole closes (SCMP)
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Thailand's crackdown on a loophole that effectively bypasses its restrictions on land ownership by foreigners is causing prospective buyers to delay purchase decisions on luxury villas in resort destinations such as Phuket and Koh Samui, according to agents.
Bangkok has stepped up its scrutiny of business and property ownership in the country, with the Department of Business Development (DBD) flagging 11,426 companies on Koh Phangan and Koh Samui where foreigners hold stakes, accounting for......
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20.06.26 - 16:24
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Trotz steigender Preise: "Immobilien sind immer noch bezahlbar" (N-TV)
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Die eigenen vier Wände, genügend Platz für die ganze Familie und nie wieder Miete zahlen: Für viele ist das ein großer Lebenstraum – der oftmals platzt. Denn Immobilien werden schneller teurer, als viele sparen können. Und doch hat ein Immobilienkauf Vorteile sagt Dirk Eilinghoff von Finanztip im Interview mit ntv.de....
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