Daily Real Estate Industry News Summary (2024-12-20)

Recently, after several regions officially announced that commodity housing will be priced based on usable area, "cancellation of shared area" has once again become a trending keyword.

Golden10 DataDec 20 15:41

MIDLAND HOLDING: Hong Kong property prices are expected to "counterattack" next year, with an estimated increase of around 5%.

MIDLAND HOLDING expects that next year Hong Kong property prices are likely to "rebound," reversing a three-year decline, with an increase of about 5%, and rents rising another 6%.

Zhitong FinanceDec 19 16:36

Daily summary of Real Estate Industry news (2024-12-19)

On December 17, Zhangjiakou City in Hebei issued a policy to encourage the implementation of "direct sales of existing properties," gradually advancing the "cancellation of public space allocation"; previously, Hengyang City in Hunan clarified that the sales of commercial housing are priced based on the usable area, and currently the "cancellation of public space allocation" is beginning to take effect in multiple locations.

Golden10 DataDec 19 15:51

The effectiveness of refinancing for affordable housing in the mainland has become evident, with over 10 cities purchasing existing housing projects.

According to a report by the Securities Times, since the national meeting on securing housing deliveries on May 17, relevant departments and local authorities have closely collaborated to expedite the acquisition of existing Commodities for use as affordable housing, achieving some phased results. It has been learned that recently, more than ten cities have successfully initiated projects for purchasing existing housing, raising over ten thousand units of affordable housing. The national meeting on securing housing deliveries clarified that in cities with high inventory of Commodities, the government may "purchase based on demand" at reasonable prices for some Commodities to be used as affordable housing. Local departments actively promote policy implementation, and relevant authorities have established purchase task forces under the urban real estate financing coordination mechanism to advance the.

AASTOCKSDec 19 08:47

Agile Group Holdings Announces Board Reshuffle

TipRanksDec 18 19:42

AGILE GROUP (03383.HK) has appointed Yue Yuan as Executive Director.

Gelonghui, December 18 – AGILE GROUP (03383.HK) announced that, effective from the date of this announcement, (i) Ms. Yue Yuan has been appointed as an Executive Director and a member of the Company's Compensation Committee, Nomination Committee, and Risk Management Committee; (ii) Dr. Zheng Hanjun has resigned as an Independent Non-Executive Director and retired from the Company's Audit Committee and Nomination Committee, as well as from the Compensation Committee and its Chair position; (iii) Current Independent Non-Executive Director Dr. Peng Shuo Long has been appointed as the Chair of the Compensation Committee; and (iv) with Ms. Yue's appointment as a Director, the Company has re-complied with the requirements of the Hong Kong Stock Exchange.

Gelonghui FinanceDec 18 19:37