Category: PROPERTY

The U.S. is ultimately harming its own interests by pursuing trade war with China and will turn out to be the "biggest loser," says Hong Kong property tycoon Ronnie Chan. The U.S. is being shortsighte... ( read original story ...)

Hong Kong topped the list for commercial property transactions in Asia in the first nine months of this year, but deals started to slow down in the third quarter as investors weighed the impact of the ... ( read original story ...)

Hong Kong property prices have begun a descent that could last up to five years, based on past experience, as interest rates start to climb. Photo provided to China Daily In recent months, there has b... ( read original story ...)

Philippine developers are getting a boost from Filipinos working in Hong Kong who are taking advantage of the weak peso to buy property back home. Rowena Arandia is one such worker who bought her firs... ( read original story ...)

Is the world’s most expensive property heading for a bear market? Probably. Hong Kong apartments have been an excellent investment: Prices have tripled in the past decade. A tiny flat, slightly bigger ... ( read original story ...)

“Somebody’s going to kill me,” Kenneth Ng, a director of Hong Kong developer Wing Tai Properties Ltd., told his audience -- twice -- as he criticized the government’s housing policy. Ng spoke on a pan... ( read original story ...)

The Hong Kong Monetary Authority (HKMA) indicated that the debt-servicing ratio (DSR) for the new residential mortgage loans (RMLs) approved in the second quarter of this year was 34 per cent, and tha... ( read original story ...)

“That is definitely not enough, so it’s going to be tough especially for those who need to service their mortgages,” said Kenneth Leung Kai-cheong, a local lawmaker who represents Hong Kong’s accounti... ( read original story ...)

That was also before Hong Kong’s commercial banks finally bowed to rising interest rates and raised their mortgage payments for the first time in a decade. The combination has had a chilling effect on ... ( read original story ...)

It has three bedrooms. As the flats cost less than HK$4 million, first-time homebuyers can apply for mortgage insurance enabling a 90 per cent loan-to-value ratio from the Hong Kong Mortgage Corporati... ( read original story ...)

"Hong Kong is a small, open economy that is heavily reliant on the ... when existing home prices started ticking down, mortgage applications plummeted, and luxury home transactions dropped to the lowe... ( read original story ...)

The sale by the head of the local mortgage lender surpassed an eight-month-old record to become the most expensive house ever sold in Hong Kong, and came despite a significant slowdown in Hong Kong’s ... ( read original story ...)

Hong Kong developers are offering discounts at new projects in the latest sign the city’s housing boom is coming off the boil. Developers have been offering discounts and enticements including cash re... ( read original story ...)

Hong Kong property giant New World Development will sail into uncharted waters with a five-year HK$1.4 billion (US$179 million) investment in technological health care services for the ageing populati... ( read original story ...)