Get to know Nigel Smith, Managing Director of Colliers International Hong Kong
WILLIAMS MEDIA speaks with Nigel Smith, Managing Director of Colliers International Hong Kong about his experience in the real estate industry, Hong Kong's residential and commercial markets, and Colliers' staff wellness initiatives.
As the market shows signs of cooling, Hong Kong developers lower prices to tempt buyers
Hong Kong's largest developer, Sun Hung Kai Properties, has been lowering its prices for residential units to tempt buyers, as the city's active property market shows signs of starting to cool down.
Strong economic growth leads to residential price increase in Hong Kong
Colliers International reveals in the Quarterly Hong Kong Residential Q2 2018 report, that property prices and rents will stay firm despite rising interest rates and a "fragile global economic outlook."
Hong Kong's most expensive residential site in history sold for HK$25.16 billion (USD$3.2 billion)
Sun Hung Kai Properties (SHKP) outbid local developers and won government tender for the New Kowloon Inland site at Kai Tak for a total of USD$3.2 billion.
