Hong Kong’s era of low mortgage rates ended in September, as banks raised borrowing costs after key interest rates increased in lockstep with the US Federal Reserve’s tightening monetary policy. A Jul... ( read original story ...)
As property prices in Hong Kong fall, public support for the government will rise
The latest data from the Rating and Valuation Department shows the local property market is facing increasing downward pressure. Investment banks generally forecast a 15 to 20 per cent reduction in pr... ( read original story ...)
Hong Kong micro flats will bear the brunt of price slump, says CK Asset executive
Micro-flats, once all the rage in Hong Kong because of their affordability, would bear the brunt of the city’s property price slump, said an executive of CK Asset Holdings, one of the city’s biggest d... ( read original story ...)
Hong Kong’s red-hot property market
Hong Kong's housing market continues to boom, with residential property prices surging 11.11% during the year to Q3 2018, from y-o-y rises of 13.64% in Q2 2018, 12.28% in Q1 2018, 12.78% in Q4 2017, a... ( read original story ...)
Mainland buyers’ interest in Hong Kong luxury homes wanes as trade war sours appetite
The region accounts for a lot mainland buyers of Hong Kong property. Although there is no official data showing the split between mainland and local buyers, brokers say that at least 50 per cent of th... ( read original story ...)
Hong Kong home prices fall 2.4 per cent in October, marking a third consecutive monthly drop at a quickening pace
Hong Kong lived-in home prices dropped 2.4 per cent in October ... Analysts often say that three makes a trend, so the latest data are significant for property watchers, developers, owners, buyers and ... ( read original story ...)
Hong Kong Class A Office Rent Growth Slows
According to JLL's latest Hong Kong Property Market Monitor, rents in the overall Grade A office market continued to rise albeit at a slower pace last month. Average rent of Grade A office climbed 0.5 ... ( read original story ...)
The ‘biggest loser’ in the trade war is the US, says Hong Kong property tycoon
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’s commercial property market cooling rapidly as it feels impact of trade war
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 ...)
Prolonged property downturn not necessarily bad
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 see boost in home buying tied to overseas workers in Hong Kong, elsewhere
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 ...)
The World’s Priciest Property Market Is Getting (a Bit) Cheaper
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 ...)
Hong Kong Has ‘Got it Wrong’ on Public Housing, Developer Says
“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 ...)
LCQ15: Compilation of statistics on mortgage loans
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 ...)