Cheryl Arcibal

6 days ago | sg.news.yahoo.com | Cheryl Arcibal

Wealthy Chinese turn away from US real estate as Trump amps up trade war with BeijingSome property agents see a growing number of Chinese homebuyers shifting their attention from the US to markets like Australia, Singapore and the UK (Photo: Shutterstock)Wealthy mainland Chinese are increasingly shifting their attention and capital away from the US to other real estate markets amid rising geopolitical tensions between Washington and Beijing, according to property agents.

6 days ago | scmp.com | Cheryl Arcibal

Three of Hong Kong’s biggest developers – Sun Hung Kai Properties (SHKP), CK Asset Holdings and Henderson Land – are expected to dominate the housing market, as homebuyers increasingly prefer smaller flats amid economic jitters, according to JLL. The trio were set to deliver 60 per cent of new residential units in 2025 and 2026, up from 40 per cent in 2023 and 2024, according to the property consultancy.

1 week ago | scmp.com | Cheryl Arcibal

Sun Hung Kai Properties (SHKP) is likely to sell out the latest batch of flats in its massive Sierra Sea development in the New Territories on Wednesday despite a nearly 10 per cent increase in prices, according to analysts. Hong Kong’s largest developer sold 112 of the 150 flats on offer in the 9,700-unit project as of 6.30pm, according to agents, after the sale began at 3pm.

1 week ago | scmp.com | Cheryl Arcibal

Hong Kong’s property transactions surged to a five-month high in April, as a cut in the government’s stamp duty spurred more buyers to dive into the market and helped developers like Sun Hung Kai Properties (SHKP) to report brisk sales. The value of real estate sales rose 9.8 per cent last month to HK$50.1 billion (US$6.46 billion) involving 7,229 new homes, lived-in abodes, offices, shops, car parking slots and industrial spaces, according to the Land Registry.

1 week ago | scmp.com | Cheryl Arcibal

Sun Hung Kai Properties (SHKP) is launching another batch of flats in its Sierra Sea project in the New Territories following two consecutive sold-out weekends in one of Hong Kong’s largest residential projects in more than a quarter century. On Wednesday, Hong Kong’s largest developer will offer 150 flats in the 9,700-unit project in Shap Sze Heung, located between Sai Kung and Ma On Shan. The flats range in size from 301 sq ft to 702 sq ft.