Group 1 - The Li Ka-shing family’s Cheung Kong Holdings is actively selling 400 residential units across four projects in the Greater Bay Area, attracting significant attention from Hong Kong buyers [1][5] - The Huizhou Longpu Garden project has a unit price of over 8,000 yuan per square meter, which is over 30% lower than the average price in 2020, making it a focal point for buyers from Hong Kong [1][5] - The current market trend shows a general decline in property prices, with the Guangzhou Yuchu Mingdi and Zengcheng Yicui Garden projects having limited inventory available for sale [3][4] Group 2 - The Greater Bay Area projects include Huizhou Longpu Garden, Zhongshan Longpu Garden, Guangzhou Yicui Garden, and Dongguan Haiyi Haoting, with Huizhou Longpu Garden offering units starting at over 400,000 yuan [5] - The average price for high-rise units in Dongguan Haiyi Haoting is approximately 15,500 yuan per square meter, down from 23,000 yuan per square meter in 2022, indicating a significant price reduction [5] - The trend of Hong Kong residents purchasing properties in the Greater Bay Area has been ongoing for 20 to 30 years, but has recently expanded beyond the immediate vicinity of Hong Kong due to improved transportation and favorable policies [7][9] Group 3 - The shift in purchasing behavior among Hong Kong buyers has moved from investment-focused to more residential and retirement-oriented, with many considering properties in the mainland due to lower living costs [9] - The familiarity and trust in Li Ka-shing's developments encourage Hong Kong buyers to consider properties in the Greater Bay Area, as they perceive these developments to align with their preferences and standards [7][8]

Core Viewpoint - The recent trend shows an increasing interest from Hong Kong buyers in purchasing properties in the Greater Bay Area, particularly in cities like Huizhou and Zhongshan, due to lower property prices compared to Hong Kong [1][2]. Group 1: Market Trends - Hong Kong buyers are expanding their property search to the entire Greater Bay Area, with a notable interest in Huizhou's coastal properties due to their lower total prices [1]. - Recent projects promoted by Cheung Kong Property include approximately 400 units across four developments in the Greater Bay Area, with Huizhou Longbo Garden offering 300 units [1][2]. - Property prices in Huizhou, Zhongshan, and Dongguan have significantly decreased, making them attractive options for Hong Kong buyers. For instance, the price per square meter for Huizhou Longbo Garden is around 8,554 yuan, down from previous prices of 10,400 to 14,000 yuan per square meter [1]. Group 2: Buyer Preferences - Many Hong Kong buyers are looking for properties priced under 4 million yuan, primarily for self-use, and are particularly interested in retirement living options that offer better value compared to Hong Kong [2]. - The trend of Hong Kong buyers seeking properties in the Greater Bay Area is seen as a new market opportunity for real estate companies to cater to the specific needs of these buyers [3]. Group 3: Hong Kong Market Dynamics - The Hong Kong property market has shown signs of recovery, with a slight decrease in registration numbers but remaining above 7,000 for two consecutive months, indicating active market transactions [3]. - Factors contributing to the rebound in Hong Kong property prices include a "super rebound" effect, optimistic expectations regarding economic recovery, and a decrease in mortgage rates encouraging buyers to enter the market [3].

Core Viewpoint - The Li Ka-shing family's Cheung Kong Holdings is actively selling properties in the Greater Bay Area, attracting significant interest from Hong Kong buyers due to substantial price reductions in the market [1][5]. Group 1: Property Sales and Pricing - Cheung Kong Holdings is offering 400 units across four projects in the Greater Bay Area, with prices starting at 400,000 yuan, particularly highlighting the Huizhou Longpu Garden with a unit price of over 8,000 yuan per square meter, which is over a 30% drop from the average price in 2020 [1][5][6]. - The sales of the Yichui Manor in Guangzhou have seen a significant reduction in price, with units previously priced at 4-5 million yuan now being offered at 1.5-1.8 million yuan for smaller villas, indicating a market-wide price decline [3][4]. - The current inventory in Huizhou is high, and the price of new homes at 8,000 yuan per square meter is considered normal in the current market context [5][6]. Group 2: Buyer Behavior and Market Trends - There is a notable trend of Hong Kong buyers traveling to cities like Guangzhou and Dongguan to explore property options, indicating a shift in purchasing behavior towards seeking lower prices [3][4]. - The phenomenon of Hong Kong residents purchasing properties in the Greater Bay Area has been ongoing for 20-30 years, but has recently expanded due to improved transportation and favorable policies [8][10]. - The motivations for Hong Kong buyers have shifted from investment to retirement and personal residence, reflecting changes in demographics and lifestyle preferences [10].

Core Viewpoint - The Li Ka-shing family’s Cheung Kong Holdings is actively selling properties in the Greater Bay Area, attracting attention from Hong Kong buyers due to significant price reductions in various projects [1][4]. Group 1: Property Sales and Pricing - Cheung Kong Holdings is offering 400 units across four projects in the Greater Bay Area, with prices starting at 400,000 yuan [1]. - The Huizhou Longpu Garden has a unit price of over 8,000 yuan/m², which is more than a 30% decrease compared to the average price in 2020, making it a focal point for buyers from Hong Kong [1][4]. - The Guangzhou Yucui Garden has sold over 1,000 units since its launch, with current listings showing significant price reductions, such as a 126 m² unit priced at approximately 2.28 million yuan [2][3]. Group 2: Market Trends and Buyer Behavior - There has been a noticeable increase in inquiries and visits from Hong Kong buyers to the Greater Bay Area, particularly in response to the recent price drops [4]. - The trend of Hong Kong residents purchasing properties in mainland China has been ongoing for 20 to 30 years, but has expanded significantly into deeper areas of the Greater Bay Area since the introduction of the Guangdong-Hong Kong-Macao Greater Bay Area Development Plan [6]. - The motivations for Hong Kong buyers have shifted from investment to retirement and self-use, with many considering properties in the mainland due to lower living costs and improved transportation links [8].

Group 1 - The core point of the article highlights that the Li Ka-shing family is selling 400 residential units in the Greater Bay Area, with prices starting from 400,000 yuan [1] - The properties being marketed include projects in Huizhou, Zhongshan, Guangzhou, and Dongguan, indicating a strategic move to attract Hong Kong buyers [1] - This "old stock new sale" approach reflects the family's long-term development strategy of acquiring land at low prices and suggests a significant increase in demand for property from Hong Kong residents [1]

Core Viewpoint - The article highlights the increasing demand from Hong Kong buyers for properties in mainland China, particularly in the Greater Bay Area, driven by lower prices and better living conditions compared to Hong Kong [1][9]. Group 1: Property Projects and Pricing - Four projects promoted by Cheung Kong Holdings include Huizhou Longbo Garden, Zhongshan Longbo Garden, Guangzhou Yicui Garden, and Dongguan Haiyi Haoting, totaling 400 units with prices starting from 400,000 RMB [1][3]. - The price of a one-bedroom unit in Huizhou Longbo Garden has decreased to approximately 8,632 RMB per square meter, down from a previous range of 10,400 to 14,000 RMB per square meter [1][9]. - Dongguan Haiyi Haoting's villa prices have dropped from 44,000 to 68,000 RMB per square meter in May 2023 to 18,000 to 36,000 RMB per square meter in June 2023 [1]. Group 2: Market Trends and Buyer Demographics - The demand from Hong Kong buyers for mainland properties has significantly increased since mid-2022, with Huizhou Longbo Garden selling nearly 600 units, mostly to Hong Kong residents [3][9]. - The People's Bank of China reported that as of June 2023, 3,341 transactions involving Hong Kong and Macau residents purchasing properties in mainland China generated cross-border income of 3.08 billion RMB [1][10]. - The trend of Hong Kong residents buying properties in mainland China is attributed to the aging population in Hong Kong and the increasing establishment of businesses and universities in the Greater Bay Area [8][9]. Group 3: Investment and Development Strategies - The strategy of "old projects sold anew" reflects the long-term development approach of the Li Ka-shing family, focusing on low-cost land acquisition and gradual development [1][9]. - Developers are adjusting prices to maintain normal transaction rhythms in the current market, which is characterized by low or slightly declining prices [9][10]. - The shift in Hong Kong buyers' motivations from investment to self-occupation indicates a growing preference for living conditions and community services available in mainland China [13].

Core Viewpoint - The article highlights the increasing demand from Hong Kong buyers for properties in mainland China, particularly in the Greater Bay Area, driven by lower prices and better living conditions compared to Hong Kong [1][2][8]. Group 1: Property Projects and Pricing - Cheung Kong's subsidiary, Hutchison Whampoa, is promoting four projects in mainland China, offering a total of 400 units with prices starting from 400,000 RMB [1]. - The price of a one-bedroom unit in Huizhou Longbo Garden has decreased to approximately 8,632 RMB per square meter, down from a previous range of 10,400 to 14,000 RMB per square meter [1]. - The price of villas in Dongguan Haiyi Haoting has dropped from 44,000 to 68,000 RMB per square meter in May 2023 to 18,000 to 36,000 RMB per square meter in June 2023 [1]. Group 2: Market Trends and Buyer Behavior - As of June 2023, there were 3,341 transactions involving Hong Kong and Macau residents purchasing properties in mainland China, generating a cross-border income of 3.08 billion RMB [2][9]. - The trend of Hong Kong residents buying properties in mainland China is attributed to the appeal of lower prices and larger living spaces, as well as the aging population in Hong Kong leading to increased demand for housing [7][12]. - The shift in buyer motivation from investment to self-occupation is noted, with buyers now focusing more on living conditions and long-term value [12]. Group 3: Developer Strategies and Market Conditions - The strategy of "old projects sold anew" reflects the long-term development approach of the Li Ka-shing family, emphasizing low-cost land acquisition and gradual development [1][3]. - Developers are adjusting prices to maintain transaction momentum in a market characterized by low or slightly declining prices, which is a common practice in the current market environment [8]. - The Greater Bay Area's improved connectivity and living conditions are making it increasingly attractive for Hong Kong residents, with developers encouraged to adapt their offerings to meet the needs of this demographic [11][12].

Group 1 - The core strategy of Cheung Kong Property, under Li Ka-shing's family, focuses on "low-cost land acquisition and long-term development" as evidenced by their recent promotion of four projects in Guangdong to Hong Kong buyers [1] - There is a significant increase in demand from Hong Kong residents for property investments in mainland China, particularly in cities like Huizhou, Dongguan, Guangzhou, and Zhongshan [1] - The total number of units being promoted across the four projects amounts to 400, with prices starting from 400,000 yuan [1] Group 2 - The specific breakdown of the projects includes: - Dongguan: 11,299 residential units (with a small number of commercial units) [3] - Huizhou: 2,720 residential units and 71 commercial units totaling 2,907 square meters [3] - Guangzhou: 1,457 residential units and 18 commercial units [3] - Zhongshan: 303 residential units and 19 commercial units totaling 2,300 square meters [3]

Core Viewpoint - The recent promotion of four real estate projects by Cheung Kong Property in the Greater Bay Area reflects a significant increase in demand from Hong Kong buyers for properties in mainland China, driven by lower prices and better living conditions compared to Hong Kong [1][3][9]. Group 1: Project Details - Cheung Kong Property is promoting four projects: Huizhou Longbo Garden, Zhongshan Longbo Garden, Guangzhou Yicui Garden, and Dongguan Haiyi Villa, totaling 400 units with prices starting from 400,000 RMB [1][3]. - The Huizhou Longbo Garden has the largest offering with 300 units, while the Dongguan Haiyi Villa targets high-end buyers with prices ranging from 7 million to 8 million RMB [3][5]. - The price per square meter for the Huizhou Longbo Garden has decreased to approximately 8,632 RMB, significantly lower than the previous range of 10,400 to 14,000 RMB per square meter [1][9]. Group 2: Market Trends - There has been a notable increase in the number of transactions involving Hong Kong buyers, with 3,341 transactions recorded by the Guangdong branch of the People's Bank of China, generating cross-border income of 3.08 billion RMB [1][9]. - The trend of Hong Kong residents purchasing properties in mainland China is attributed to the lower prices and larger living spaces available, as well as improved transportation links within the Greater Bay Area [9][12]. - The shift in demand from investment to self-occupation among Hong Kong buyers indicates a growing preference for long-term living arrangements in the Greater Bay Area [12]. Group 3: Strategic Insights - Cheung Kong Property's strategy of "old projects sold anew" aligns with their long-term development approach, capitalizing on the rising demand from Hong Kong buyers [1][9]. - The company's ongoing projects in mainland China include 11 developments across various cities, indicating a strong commitment to the region [7]. - The introduction of policies facilitating property purchases for Hong Kong residents has further stimulated this market, with special promotional events and property tours being organized [9][12].