Latest news with #propertydeals
South China Morning Post
03-07-2025
- Business
- South China Morning Post
Hong Kong property market ‘resilient and fundamentally sound' as sales hit 7-month high
Property deals in Hong Kong surged to a seven-month high in June while home sales exceeded a key threshold for the fourth straight month, according to official data, contributing to a more positive outlook for the battered sector. Advertisement Overall property deals in June – homes, office units, shops, industrial premises and car parking slots – rose by about 13 per cent from May to 7,271, the Land Registry said on Thursday. Property worth HK$66.41 billion (US$8.46 billion) changed hands, up by more than a third from a month earlier. Residential transactions in June also hit the highest point in seven months at 5,955 units, 16.7 per cent higher than in May, the data showed. It was the first time since the market downturn began in late 2021 that home sales topped 5,000 units for four months in a row, according to CBRE. 'The fact that positive performance has continued this year, despite the absence of significant stimulus, indicates a more resilient and fundamentally sound residential market,' said Eddie Kwok, executive director for valuation and advisory services at the property consultancy. The number of property deals in June was the highest since 7,689 in November, and the value was the highest since April last year when sales hit HK$83.9 billion, according to data compiled by agents. Advertisement Residential sales for the first half of 2025 rose 4.2 per cent from a year earlier to 28,947 units, the data showed.
Associated Press
21-06-2025
- Business
- Associated Press
ACC Software Launches A.I.-Powered Deal Assistant to Help Real Estate Investors Analyze Deals 12x Faster
ACC Software has launched the ACC A.I. Deal Assistant, a web-based tool that instantly analyzes real estate deals using just a property address or Zillow link—providing ARV, rehab costs, and profit projections without spreadsheets or agent delays. Cleveland, Ohio, United States, June 21, 2025 -- ACC Software has officially launched the ACC A.I. Deal Assistant, a groundbreaking web-based platform designed to help real estate investors find, evaluate, and act on profitable property deals in seconds — without spreadsheets, guesswork, or delays from agents. This revolutionary tool gives investors real-time access to the key numbers that matter most: after-repair value (ARV), rehab cost estimates, profit projections, and real-time comparable sales, all from just a property address or Zillow link. Built for both beginners and seasoned investors, the platform dramatically cuts down deal analysis time — helping users close more deals with speed and confidence. 'We built this because too many investors lose deals waiting on others to run the numbers,' said the Founder of ACC Software. 'This tool lets you get to a yes or no instantly — so you never miss out again.' Key Features of the ACC A.I. Deal Assistant: • Instant ARV Calculations using real comps • Rehab cost estimates based on square footage logic • Projected flip profit range — no spreadsheet required • Property snapshot with beds, baths, sqft, year built, and more • Mobile and desktop friendly — analyze from anywhere • 10 free searches included — no credit card required Accessible worldwide, the platform now supports property analysis both inside and outside the U.S., unlocking international investment opportunities like never before. 'This levels the playing field,' said the company's PR Manager. 'Whether you're a first-time investor or flipping at scale, ACC Software gives you an edge — fast.' The tool is now live at and free to try. About ACC Software: ACC Software builds intuitive A.I. tools to streamline real estate investing. With a mission to help people invest smarter and faster, the company's flagship product — the ACC A.I. Deal Assistant — eliminates delays, manual analysis, and uncertainty for investors across the globe. Contact Info: Name: PR Manager Email: Send Email Organization: ACC Software Website: Release ID: 89162883 If there are any deficiencies, problems, or concerns regarding the information presented in this press release that require attention or if you need assistance with a press release takedown, we encourage you to notify us without delay at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our diligent team is committed to promptly addressing your concerns within 8 hours and taking necessary actions to rectify any identified issues or facilitate the removal process. Providing accurate and trustworthy information is of utmost importance.
South China Morning Post
03-06-2025
- Business
- South China Morning Post
Hong Kong's real estate market cooled in May, with deals slumping to 3-month low
Property deals in Hong Kong fell to a three-month low in May as caution prevailed amid heightened US-China tensions and stock market volatility, while distressed commercial real estate owners continued to offload assets at heavily discounted prices. Advertisement Transactions for new and lived-in homes, offices, shops, car parking slots and industrial units dropped 11 per cent month on month to 6,434, the lowest tally since February, according to data from Centaline Property Agency. The value of the deals rose 1.3 per cent from a month earlier to HK$50.7 billion (US$6.4 billion), a six-month high. Last month's biggest deal was Hong Kong Exchanges & Clearing's HK$6.3 billion purchase of office and retail space in One Exchange Square and other related assets in Central from Hongkong Land, according to the property agency. Meanwhile, commercial property owners continued to sell assets at a loss, with the decline in the Hong Kong interbank offered rate (Hibor) attracting investors. Prospective buyers for Sun Hung Kai Properties' Sierra Sea residential project queue up at the sales office on May 18. Photo: Jonathan Wong Edwin Lee, the founder of Bridgeway Prime Shop Fund Management, said on Monday that his fund had sold 10 street-level shops in the last three months at losses ranging from 12.8 per cent to 43.5 per cent. Advertisement The first Securities and Futures Commission-licensed fund manager focused exclusively on shops and retail property incurred a loss of 25 per cent on its investment of HK$207.5 million.
