RICS
RICS is a professional body for qualifications and standards in land, property, infrastructure and construction.
See below for the Latest RICS News, Analysis, Profit Results, Share Price Information, and Commentary.
Hong Kong builders pivot overseas amidst housing slump
Hong Kong builders pivot overseas amidst housing slump
Some are closing deals in Saudi Arabia, while others are turning to nearby Macau.
Financial constraints and skills shortage obstruct construction sector growth
Private and private non-residential workloads fell in Q2.
Commercial property sentiment falls sharply in 1Q24
It fell by 28%.
Foreign investment in Hong Kong’s commercial property still in ‘negative’ territory
The Investment Sentiment Index in the city dropped to -36 from -39.
Material costs main obstruction in construction activity in HK: survey
About 78% of those surveyed said they are also having access issues to materials.
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Commentary
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