〈The Standard, May 10, 2025〉A new project in Hin Wo Lane in Sha Tin jointly developed by Vanke Hong Kong and Wing Tai Properties (0369) has officially been named UNI Residence.
The project offers 240 units, of which 60 percent are one-bedroom homes.
Unit sizes range from 286 to 636 square feet, comprising studios and one- to four-bedroom layouts.
Sales are planned to commence this month, with no less than 50 units to be offered in the first batch, according to Wing Tai Properties.
Pricing will be based on the transaction prices of new and second-hand properties within Tai Wai. For instance, a flat at the Pavilia Farm in 18 Che Kung Miu Road – jointly developed by MTR Corporation (0066) and New World Development (0017) – has sold for HK$20,000 per sq ft recently, Wing Tai Properties said.
〈Hong Kong Business, May 9, 2025〉Hong Kong’s investment volumes of commercial properties over $50m fell 17.8% year-on-year (YoY) to $6.59b (US$850m) in Q1, JLL reported.
Investment sentiment remained subdued as interest rates remained high, whilst transaction volumes were supported by distressed asset sales.
According to JLL,investors remained cautious and were generally searching for opportunities offering yields at at least 6%, as the cost of debt for core real estate financing stood at above 5%.
In APAC, commercial real estate (CRE) investment rose 20% YoY to US$36.3b, the highest first quarter level since the 2022 rate hike cycle.
〈The Standard, May 8, 2025〉Investment volumes across Asia Pacific fell in Q1 2025, but select sectors and cities are showing signs of a rebound, according to CBRE’s latest regional market figures.
The region recorded US$26.4b in total real estate investment during the quarter, down 18% YoY. However, private capital is gaining ground, accounting for 32% of deal volume—up from 24% in the same period last year—as institutional investors remain cautious.
India posted the strongest GDP growth in the region at 6.2%, followed by Vietnam at 5.9% and China at 4.8%. These markets are also driving real estate activity, particularly in the office and logistics sectors.
〈Hong Kong Business, May 7, 2025〉The government has announced its 2025-26 Land Sale Programme, featuring eight residential sites capable of yielding around 4,450 flats.
Development Secretary Bernadette Linn said total private housing land supply for the year, including government land sales, MTR projects, Urban Renewal Authority developments, and private redevelopments, is expected to reach 13,700 flats—meeting the government’s target of 13,200 flats set in its Long Term Housing Strategy Annual Progress Report 2024.
No commercial sites are included due to high office vacancy rates and sufficient supply in the coming years.
〈RTHK News, May 6, 2025〉China's consumer prices fell for the third consecutive month in April, while factory-gate prices recorded their steepest drop in six months, as policymakers grapple with the economic impact of a trade war with the United States.
A prolonged housing market downturn, high household debt and job insecurity have hampered investment and consumer spending, keeping deflationary pressures alive.
The economy is also facing increasing external risks from escalating trade barriers.
