{"id":2825,"date":"2016-09-02T13:12:29","date_gmt":"2016-09-02T05:12:29","guid":{"rendered":"http:\/\/www.spacious.hk\/en\/blog\/?p=2825"},"modified":"2023-11-02T16:56:41","modified_gmt":"2023-11-02T08:56:41","slug":"weekly-news-roundup-nomura-hk-home-prices-to-fall-10-berlin-property-tier-one-city-at-tier-three-prices","status":"publish","type":"post","link":"https:\/\/www.spacious.hk\/en\/blog\/weekly-news-roundup-nomura-hk-home-prices-to-fall-10-berlin-property-tier-one-city-at-tier-three-prices","title":{"rendered":"Weekly Roundup &#8211; Nomura: HK Home Prices To Fall 10%; \u00a0Berlin: Tier One City At Tier Three Prices"},"content":{"rendered":"<p><b>Hong Kong Housing Prices To Fall A Further 10%<\/b><span style=\"font-weight: 400;\"> \u2014 A Nomura Holdings Inc. report indicates that <\/span><a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/questions\/for-sale\"><span style=\"font-weight: 400;\">Hong Kong home prices <\/span><\/a><span style=\"font-weight: 400;\">will fall %10 due to stalling income growth and looming interest rate hikes. <\/span><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-08-30\/hong-kong-housing-prices-to-fall-a-further-10-nomura-says\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u2014Bloomberg.com<\/span><\/a><\/p>\n<p><b>Hong Kong Housing Project In <\/b><a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/yuen-long\"><b>Yuen Long<\/b><\/a><b> Attracts Buyers Despite Market Downturn \u2014 <\/b><span style=\"font-weight: 400;\">More than 16,700 potential buyers signed up for Sun Hung Kai Properties\u2019 latest residential project.<\/span><a href=\"http:\/\/www.scmp.com\/news\/hong-kong\/economy\/article\/2009904\/hong-kong-housing-project-yuen-long-attracts-intense-interest\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">SCMP.com<\/span><\/a><span style=\"font-weight: 400;\"> reports that 308 flats have already been sold. Buyers were attracted by lower prices and amenities.<\/span><\/p>\n<p><b>Berlin Burst Onto The Main Stage For Hong Kong Real Estate Investors<\/b><span style=\"font-weight: 400;\"> \u2014 The real estate company Buy Berlin recently opened an office in Hong Kong, hoping to attract local investors. The firm believes that Hong Kong investors will turn to Berlin in the same way it did to <\/span><a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/international\"><span style=\"font-weight: 400;\">hot overseas property<\/span><\/a><span style=\"font-weight: 400;\"> markets London, New York, and Sydney.\u2014<\/span> <span style=\"font-weight: 400;\">Yahoo Finance<\/span><\/p>\n<p><b>Hong Kong, The Most Expensive City in Asia-Pacific For Business Travel <\/b><span style=\"font-weight: 400;\">\u2014 An annual survey performed by ECA International, finds Hong Kong as the most expensive destination for business travelers. <\/span><a href=\"http:\/\/www.scmp.com\/news\/hong-kong\/economy\/article\/2011786\/hong-kong-leaps-six-spots-become-most-expensive-city-asia\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">SCMP.com<\/span><\/a><span style=\"font-weight: 400;\"> reports that this ranking was attributed to <\/span><a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/serviced-apartments\"><span style=\"font-weight: 400;\">hotel room rates<\/span><\/a><span style=\"font-weight: 400;\"> and the city\u2019s strong currency.<\/span><\/p>\n<p><b>Hong Kong Stock Exchange Exploring Options For Start-ups and Technology Companies<\/b><span style=\"font-weight: 400;\"> \u2014 The Hong Kong bourse recently approved a plan that would allow companies with dual-class shares to raise funds. An<\/span><a href=\"http:\/\/www.scmp.com\/business\/markets\/article\/2012287\/hong-kong-bourse-study-measures-attract-more-tech-start-ups-raise?utm_source=edm&amp;utm_medium=edm&amp;utm_content=20160902&amp;utm_campaign=scmp_today\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">SCMP.com<\/span><\/a><span style=\"font-weight: 400;\"> article points out that dual-class structure has been the subject of debate since 2014 when the bourse missed out on the US$25 billion IPO by the Alibaba Group.<\/span><\/p>\n<p><b>Hong Kong\u2019s July Prices For New Homes Rise As Buyers Pile Back Into Market <\/b><span style=\"font-weight: 400;\">\u2014<\/span><a href=\"http:\/\/www.scmp.com\/property\/article\/2011675\/hk-home-price-growth-rises-buying-sentiment-returns\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">SCMP.com<\/span><\/a><span style=\"font-weight: 400;\"> reports that the Rating and Valuation Department\u2019s monthly price index was 281.4 in July, an increase of 1.9 percent. The same article indicated that prices have potential to drop due to a bleak economic outlook and potential interest rate rise.<\/span><\/p>\n<p><b>Nomura Securities Confident In Sun Hung Kai, Kerry Despite Hong Kong\u2019s Tough Property Market <\/b><span style=\"font-weight: 400;\">\u2014<\/span><a href=\"http:\/\/blogs.barrons.com\/asiastocks\/2016\/08\/29\/why-nomura-likes-sun-hung-kai-kerry-despite-hong-kongs-tough-property-market\/\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">Barrons.com<\/span><\/a><span style=\"font-weight: 400;\"> reports that although Nomura Securities doesn\u2019t have an optimistic view on Hong Kong\u2019s property market, the firm is confident in property developers Sung Hung Kai Properties, who has a proven record of selling properties and Kerry Group, a deep value play, trading at 7.3 times forward earnings and yielding 4% on the current dividend.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong Housing Prices To Fall A Further 10% \u2014 A Nomura Holdings Inc. report indicates that Hong Kong home prices will fall %10 due to stalling income growth and looming interest rate hikes. \u2014Bloomberg.com Hong Kong Housing Project In Yuen Long Attracts Buyers Despite Market Downturn \u2014 More than 16,700 potential buyers signed up for Sun Hung Kai Properties\u2019 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2826,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[68,67],"class_list":["post-2825","post","type-post","status-publish","format-standard","hentry","category-hong-kong-property","tag-hot-news","tag-spacious-news"],"_links":{"self":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/2825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/comments?post=2825"}],"version-history":[{"count":0,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/2825\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media\/2826"}],"wp:attachment":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media?parent=2825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/categories?post=2825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/tags?post=2825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}