Category: PROPERTY

Lenders haven’t raised the prime rate, which affects the costs of mortgages, since 2006 but the chance of a hike is increasing, especially with the Federal Reserve expected to lift rates next week. “T... ( read original story ...)

Speaking at the Philanthropy for Better Cities Forum yesterday, Chan expressed his optimism about the scheme and the Reverse Mortgage program launched by Hong Kong Mortgage Corporation in 2011. He sai... ( read original story ...)

There’s expensive, and then there’s Hong Kong property expensive. A four-bedroom house in the exclusive Peak neighborhood has hit the market for an eye-watering HK$3.5 billion ($446 million), which wo... ( read original story ...)

Hong Kong now has the world’s highest concentration of ultra-high net worth residents, besting New York City, a new report from wealth consultancy Wealth-X revealed this month. Around 10,010 ultra-hig... ( read original story ...)

The Hong Kong property market has showed signs of cooling in the past few weeks and the downside risks are getting higher, said Financial Secretary Paul Chan Mo-po.One of the risks is that Hong Kong w... ( read original story ...)

A small, but significant, number of younger people are living in industrial buildings, trading comfort and convenience for cheap rent. Along with irritations such as rust-tainted water and intermitten... ( read original story ...)

The property market in Hong Kong is known to be among the most expensive in the world, with prices continuing to soar over the years despite various cooling measures by the authorities. It is also see... ( read original story ...)

A correction in Hong Kong property prices of as much as 15 percent in the first half of 2019 is possible as interest rates rise and the tide of money flowing in from mainland China recedes, according ... ( read original story ...)

Developers in Hong Kong are offering perks such as free rail tickets and early move-in dates in a further sign one of the world’s hottest property markets may finally be cooling. In a bid to shift apa... ( read original story ...)

It’s a great time to be a Hong Kong property agent. In some cases, developers are paying more than double their usual 3 per cent agent commission for selling a flat, as they get aggressive in paying a... ( read original story ...)

HONG KONG’s property market is one of the most expensive in the world. — HONG KONG TOURISM BOARD / ACTION IMAGES VIA REUTERS IN Hong Kong, a city of property superlatives, add this one: World capital ... ( read original story ...)

A law should be introduced under which property owners must contribute monthly to a building maintenance fund to sustain Hong Kong’s ageing neighbourhoods, the head of the city’s Urban Renewal Authori... ( read original story ...)

According to 2017 estimates, one in seven people in Hong Kong is a millionaire. And property prices in the country have increased to reflect the growing wealth of its inhabitants. Hong Kong has broken ... ( read original story ...)

Realtors on this side of the Pearl River estuary do not believe that the Hong Kong-Zhuhai-Macau Bridge (HKZMB) will significantly impact local property prices. The perspective follows a report ... ( read original story ...)