SHUN TAK HOLD: ANNUAL REPORT 2024

HKEXApr 25 16:18 · Announcements

Bloomberg: The completion volume of private residential buildings in Hong Kong reached a four-year low in the first two months of this year and is expected to experience a Top Reversal.

According to the data from the research center of Midland Realty and the Buildings Department, the number of private Residence completions in Hong Kong in February recorded a total of 1,624 units, which is a month-on-month decrease of about 13.9% compared to January's 1,886 units, marking a decline for two consecutive months and reaching a new low in five months.

Zhitong FinanceApr 24 18:24

Jones Lang LaSalle: The rental and sale prices in Hong Kong's property market continued to decline in the first quarter, maintaining the annual prediction of a 5% decrease in Residence prices.

In the office building market, during the first quarter of this year, Hong Kong's overall office market recorded a net absorption of -0.1434 million square feet, mainly due to large spaces being released after companies completed their integration and relocation.

Zhitong FinanceApr 24 14:39

In March, the total value of property sale and purchase agreements in Hong Kong was 45.6 billion HKD, which is a month-on-month increase of 61.4% and a year-on-year increase of 22.1%.

In March, the total value of property sales contracts in Hong Kong was 45.6 billion Hong Kong dollars, an increase of 61.4% compared to February, and also up 22.1% compared to March last year.

Zhitong FinanceApr 2 15:30

FIRST PACIFIC David: The Hong Kong Residence market still faces pressure from excess inventory of both second-hand and first-hand properties, expecting an average decline of 5-10% by 2025.

FIRST PACIFIC DAVIS recently published the Hong Kong Residence sales market report for March 2025.

Zhitong FinanceApr 2 10:39

Meridians: In Hong Kong, the number of mortgage applications for completed properties in the first quarter increased by nearly 15% year-on-year, while the number of mortgage applications for pre-sale properties surged more than 3.7 times.

According to the latest data from the Mortgage Referral Research Department and the Land Registry, the number of current mortgage cases in Hong Kong in March 2025 was 4,015, a decrease of 1,378 cases (25.6%) compared to 5,393 cases in February, marking a decline after three months of increases and reaching a new low in four months.

Zhitong FinanceApr 2 07:35