The Business Times
business-time-50

HK's huge property gains may reverse in 2016

google-preferred-sourceAdd BT as a preferred source
Published Wed, Jan 6, 2016 · 09:50 PM

Singapore

THE Hong Kong property market's gravity-defying climb to records may be set for a reversal this year.

Hong Kong is forecast to overtake Singapore as the weakest-performing luxury residential market, with prime property prices declining an estimated 5 per cent this year, according to a report by Knight Frank LLP of 10 global cities that was released on Tuesday. Of the 10 cities analysed, Hong Kong, Singapore and Paris are the three expected to see price declines this year.

TRENDING NOW

In PM Wong’s NDR speech, he outlined more childcare leave for parents, higher income ceiling for public housing and plans to merge the cluster of islands south of Jurong Island.

National Day Rally: 8 things to know, from more childcare leave to higher BTO income ceiling

Lily Ler will officially vacate her positions as CEO and executive director of the manager on Oct 1.

Stocks to watch: Mapletree Industrial Trust, OUE, OUE Healthcare

Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

When every phone becomes a satellite phone, what happens to Asia’s telcos?

Listed last December, UltraGreen.ai is exactly the kind of growth-oriented company MAS and SGX have been trying to attract to revitalise the local market.

UltraGreen.ai’s big slump: Was it the Singapore market that failed the company, or vice versa?

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More