A reader asks: I own 76 single-family houses, the property management company running those and a small real estate brokerage. I love real estate. But how is this sustainable? Are wages increasing enough to maintain the increase in housing prices? If not, how are people going to ever afford buying a house? What will cause … Read more
Prices on the secondary market declined 0.45 per cent in January as a closely watched gauge edged down to 287.6 from 288.9, following a 0.65 per cent drop in December, wiping out gains from October and November, according to data published by the Rating and Valuation Department on Friday. Prices weakened 7.13 per cent in … Read more
New World Development (NWD) on Thursday priced its latest Hong Kong residential project at a substantial discount, as the embattled developer scrambles to generate cash to whittle down HK$123.7 billion (US$15.9 billion) in debt. The company, controlled by the family of tycoon Henry Cheng Kar-shun, priced the first 88 units in State Pavilia – the … Read more
It feels odd to say CES is the biggest tech show of 2025 given that it starts so early in the year, but it’s mostly true: As far as technology events go, CES is the largest, and the most interesting one you can attend (outside of Apple’s iPhone launches). What is CES 2025? CES, or … Read more
What caught my eye this week. With 2024’s decline in mortgage rates arrested – if not yet quite beaten-up for resisting said arrest – it is likely house prices will continue to go nowhere for a while. Especially given the higher stamp duty for buy-to-let landlords that came in with the October Budget. The now-5% … Read more