Developers say high property prices forced them to build small homes to make them affordable to more buyers. At one development in Hong Kong, which has some of the highest property prices in the world ... ( read original story ...)
Who is Janet Lam?: As John Lee secures top job, Hong Kong meets charity singer who will become first lady
Chief executive-elect John Lee thanked his wife Janet Lam for ‘looking after the family’ as he clinched the vote for city’s leader on Sunday. ( read original story ...)
Hong Kong’s new chapter: Time to do the hard work
With the new political mandate, it'll be up to the new HKSAR administration under John Lee's leadership to protect, defend and perfect the system for the welfare of Hong Kong's residents. ( read original story ...)
Hong Kong residents choosing Harrogate for a new life
Many Hong Kong exiles have sold their property or businesses in the city before moving to the UK, which means they can afford the district’s high house prices. Mr Waddington said in one new ... ( read original story ...)
Hong Kong’s high poverty rates, worsening housing crisis, curtailed freedoms as city leader Carrie Lam leaves office
After 5 years as chief executive, Carrie Lam Cheng Yuet-ngor is on track to depart with the lowest approval ratings of any leader since the handover from Britain. ( read original story ...)
Greek property sees increased demand from Chinese buyers seeking permanent residency under golden visa scheme
Inquiries from mainland Chinese and Hong Kong buyers shot up 40 per cent in the first quarter of 2022, according to consultancy Henley & Partners Demand for houses in Greece may have been boosted by ... ( read original story ...)
Hong Kong property investment drops 46% to USD1.4b in Q1
Almost half of the transactions were from the industrial sector. Investor sentiment in Hong Kong’s property sector was affected by various factors, including global geopolitical tensions and stock ... ( read original story ...)
Sun Hung Kai plans to build 9,940 flats at Yuen Long’s Tam Mei wetlands in one of Hong Kong’s biggest mass housing projects
The number of flats planned, equal to Hong Kong’s total home sales in the first seven months of 2021, is about the size of Whampoa Garden in Hung Hom, making it one of the city’s largest residential ... ( read original story ...)
Paul Chan: higher rates add to pressure on borrowers
Financial Secretary Paul Chan on Thursday expressed confidence that Hong Kong's economy and markets would be able to resist pressure from rising US ... ( read original story ...)
HSBC Rolls Out Green Mortgage
HSBC announced the launch of Green Mortgage in Hong Kong for the first time to reward customers for buying residential projects which support sustainable development. The brand-new Green Mortgage is ... ( read original story ...)
Hong Kong’s base rate rises by 50 basis points, as the cost of money makes its biggest one-time jump in more than two decades after US Fed’s decision
"Many mortgage and loan borrowers have never seen such high rates for more than a decade." Hong Kong's commercial banks, which currently maintain their prime lending rates at about 5 per cent, may ... ( read original story ...)
Hong Kong Expecting Mass Residential Price Declines in 2022
While demand for housing in Hong Kong is inherently strong ... is set to climb in the coming months as projects are launched. The relaxation of the Mortgage Insurance Programme will also boost ... ( read original story ...)
What is the minimum size rule for Hong Kong flats and how will it affect home prices and supply?
public attention has been drawn to the size rule that was first introduced in December for the world’s most expensive property market. Developers in Hong Kong have been building more shoebox homes, ... ( read original story ...)
Hong Kong property deals climb to three-month high as owners drop prices to emigrate, offload nano flats
Some homeowners needed to leave Hong Kong quickly when the approval of their overseas immigration ... torrent of larger but still affordable homes come to the market Hong Kong property sales rebounded ... ( read original story ...)