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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
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.
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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.
Sino Land chairman Daryl Ng said the Kam Sheung Road project marks a key step in advancing the Northern Metropolis.
Hong Kong’s commercial property market draws US$1.6 billion in the first quarter, driven by office, retail and hotel demand amid lower Hibor rates.
The second phase of the Kam Sheung Road station project is estimated at about HK$5.7 billion, according to an analyst’s forecast.
The retailer is refining its operations with smaller outlets and lifestyle products to capture new demand from Gen Z and young adults.
Sentiment is likely to stay firm, agents say, citing steady demand across new launches and a rebound that lifted prices to a 22-month high.
AI’s impact on China’s housing market remains limited for now due to manufacturing strength, but younger tech workers may face headwinds.
Japanese fashion retailer Uniqlo as well as online brokerage Longbridge have also launched cafes in their outlets.
Hong Kong’s biggest office deal this year signals return of confidence to city’s core commercial market.
A slowdown in Hong Kong office leasing reflects caution among multinationals, yet analysts see upside as investors seek stability.
New projects across the city draw steady demand, with selective price increases reflecting improved homebuying sentiment.
Flats at La Mirabelle in Tseung Kwan O range from 360 sq ft to 558 sq ft and with layouts of one to two bedrooms.
‘This is a classic recovery-phase strategy: testing price elasticity without undermining the building momentum,’ an analyst says.
