Hong Kong
HK developers sell 27 flats over the weekend
Sales volumes hold steady.
Home prices fall 0.2% w/w
HK is the only region that posted a loss.
Capital formation in Hong Kong crept up by a measly 3%
Building and construction are improving.
HK’s real GDP expands by 2.5%
It’s mainly driven by domestic demand.
Gaming revenues hit HK$1 billion per day
It’s higher than in April.
69% of HK companies raise pay for finance professionals
It's based on a survey of CFOs.
Offshore deal value increased by whopping 79% in Q1
It's the highest since the end of 2012.
Champion REIT vacancy to reach 20% this year
A lower number is targeted for 2015.
Hong Kong’s 10 most expensive hotel suites
Guess which tops the list at HKD158,000 a night.
Hong Kong Land Central office vacancy rose to 6.2%
But retail portfolio remained fully let.
Cheung Kong to acquire Australian gas distributor for HK$17b
Envestra owns 23,000km of gas distribution networks.
Here are the stellar property sales of the week
Far East Consortium is a clear winner.
Hong Kong home prices up 0.6% w/w to 118.86
YTD drop is down to -0.2%.
Hong Kong's unemployment rate stood steady at 3.1%
But underemployment edged up to 1.4%.
Government mulls Double Stamp Duty waiver period extension
It'll lengthen period by 1-2 months.
Weekend developer sales hit 27 units amidst zero launches
Here are the top-sellers.
Commentary
Strategic location tips for playgroups and education centres