Hong Kong Monetary Authority's (HKMA) two-way squeeze to control an overheating property market is unlikely to have any material effect on still-upbeat sentiment for residential properties in Hong Kong.
The new measure imposing the 15% stamp duty on all residential transactions in Hong Kong involving first-time buyers purchasing multiple properties under a single instrument is unlikely to have a significant impact to market dynamics.
According to JLL's latest Hong Kong Residential Sales Market Report released this week, HNA Group and related companies have arguably succeeded in resetting prices in Kai Tak after snatching four residential plots.
The world's most dynamic cities in JLL's fourth annual City Momentum Index (CMI) share the ability to embrace technological change, absorb rapid population growth and strengthen global connectivity.
American retirees have identified the five most affordable havens on the planet where expats can upgrade their lifestyle, but do it on a budget as low as $1,500 a month.
According to JLL's Hong Kong Residential Sales Report released this week, JLL's mass residential capital value index climbed 0.5% over the last two months.
According to JLL in its Macau Year-end Property Review 2016, the Macau property market fell to its bottom in 1H16 but rebounded a bit in 2H16 with the launch of several new residential projects.
According to JLL's Hong Kong Residential Sales Market Report published this week, a rise in borrowing rates and stamp duty taxes are significantly impacting Hong Kong's residential market.
According to JLL's Year-end Hong Kong Residential and Land Market Review 2016, notwithstanding the latest stamp duty measure, residential prices are expected to rise up to 5% next year.
A newly launched index that derives the price of prime residential and commercial development land in 13 major cities across Asia, saw mixed results in the first half of 2016.
According to global real estate consultant JLL's Hong Kong Residential Sales Market Report, recent signs of stabilization of Hong Kong's residential property sales do not indicate the property market has turned a corner.
According to global real estate consultant JLL, mass residential property prices in May 2016 have dropped 8.3% on the year in Hong Kong.
Hong Kong is constrained by a weakening economy and uncertainties around the market continues, local developers are adopting an increasingly conservative bidding strategies in government land sales.
Hong Kong home sales dropped 39% quarter-over-quarter to an all-time low of 6,221 in the first quarter of 2016, as market uncertainties continued to deter buyers.
According to Pakistan property portal Zameen.com, when compared to a rather uneventful 2014, 2015 generally proved to be an exceptional year for Pakistan's real estate sector.
CBRE reports that property prices in Australia's regional resource hubs have plunged by up to 74% over the past three years, as the market comes off its peak after riding the mining boom for more than a decade.
According to CBRE's newly released Global Living Report: A City by City Guide, Hong Kong continues to hold its position as the world's most expensive residential location with an average of $1,416 per sq. ft.