〈The Standard, Aug,24, 2024〉The number of inquiries about properties in the Greater Bay Area has gone far north, surging by 50 percent, with the opening of the Shenzhen-Zhongshan Link.
Louis Chan Wing-kit, Asia-Pacific vice-chairman of the residential division at Centaline Property, said the deluge of inquiries happened over the past two weeks, with a significant proportion of them focusing on Zhongshan.
The link opened on June 30, seven years after construction began.
〈The Standrad, Aug,23, 2024〉Property surveyors in the United Kingdom expect a jump in home sales in the coming months after the Bank of England cut interest rates for the first time in more than four years.
Surveyors who appraise property were at their most optimistic since the start of 2020 about sales in the next three months, the Royal Institution of Chartered Surveyors said.
Figures for last month show that London was among the regions where estate agents were the most upbeat about sales.
Optimism on prices also jumped nationally.
〈Hong Kong Business, Aug 22, 2024〉The Hong Kong Urban Renewal Authority’s (URA) $12b issuance of senior bonds was oversubscribed two times over, with the order book reaching more than $22.8b.
It comprises bonds worth $4b with a three-year tenor, $5b with a five-year tenor, and $3b with a 10-year tenor, the authority said.
It was also the authority’s first issuance in the Hong Kong dollar public institutional bond market since 2009. With a coupon rate of between 3.35% to 3.55%, the yields on these bonds are the lowest in the HKDpublic offering market in the past two and half years.
〈Asian Post, Aug,21, 2024〉HKEX-listedHenderson Land's profit attributable to equity shareholders fell 47% YoY to $3.17b in H1 2024.
In a bourse filing, the company attributed the decline to the fair value loss of $2.3b recorded in H1 2024 due to the revaluation of its completed investment properties and investment properties under development.
With the decline in profit, the company reported lower earnings per share of $0.66.
Despite lower profit, the board declared an interim dividend of $0.5 per share, unchanged from the previous year.
〈Hong Kong Business, Aug,20, 2024〉A 28-storey Grade A commercial building at 152 Queen’s Road Central is for sale via public tender.
Completed in 2020, the site area is approximately 4,030 sq ft and has a total gross area of about 80,876 sq ft. Each floor averages between 2,531 sq ft and 3,733 sq ft, with floor-to-floor heights running from 3.25 metres to 6.6 metres, 3.85 metres for typical floors.
The ground floor to the 15th floor are for versatile use, whilst the 17th floor to the 30th floor are dedicated office spaces. The 3rd floor features a garden terrace and open space area for activities, whilst the 29th and 30th floors are special floors with balconies.
The property, located in the heart of Central, is a 3-minute walk from Sheung Wan MTR station and a 7-minute walk from Central MTR station.
