HKU suggests reclaiming Plover Cove for 300,000 homes A research team from the University of Hong Kong says the government should re-start large-scale reclamation, including filling up Plover Cove Reservoir to provide 1,200 hectares of land on which to build 300,000 homes. The team from the Ronald Coase Centre for Property Rights Research, HKUrbanLab, said the government should solve the […]

US Fed Raised Interest Rates by 0.25% The Federal Reserve raised interest rates on Wednesday for the second time in three months, by a quarter percentage point to a target range of 1% to 1.25% as it proceeds with its first tightening cycle in more than a decade. The Fed’s policy-setting committee indicated the economy had been expanding moderately, the […]

Deutsche Bank Predicts 48% Drop in Property Price while Scholars Disagree Home prices in Hong Kong in 2026 will be 48% less than what they are today, Deutsche Bank predicts. It sees that happening as purchasing power will be limited by an aging population and there will also be an abundant supply of new residential units in the next few […]