Category: PROPERTY

Chinese banks are set to take a hit to asset quality from mortgage business as growing numbers of homebuyers threaten to stop loan repayments to protest against unfinished apartments, analysts said. ( read original story ...)

China’s property crisis is leaping out of the frying pan and into the fire. Homebuyers in 22 cities are refusing to make mortgage payments on unfinished homes, Citigroup reports. The rare protest ... ( read original story ...)

Hongkong Land is a major listed property investment, management and development group. Founded in 1889, Hongkong Land's business is built on excellence, integrity and partnership. The Group owns and ... ( read original story ...)

According to global property consultant JLL, Hong Kong home sales picked up rapidly in Q2 after the social distancing measures were relaxed in April 2022. ( read original story ...)

A total of 21 buyers of the project in Cheung Sha Wan failed to complete transactions they agreed to in 2020, says Twin City Holdings The number of terminations in one day is among the highest in ... ( read original story ...)

Property stocks sank over concern that rising refusals to pay mortgages will affect Chinese banks Stocks had risen earlier following health minister's comments about possible quarantine-free travel by ... ( read original story ...)

Many ageing flats across the city, built for civil servants, are vacant or being used for storage as land premiums make the sites unattractive for redevelopment Urban Renewal Authority pilot projects ... ( read original story ...)

according to Hong Kong Metropolitan University's (HKMU) HOS Price Index, the first gauge to reflect subsidised housing price levels. The Centa-City Leading Index, a gauge of lived-in home prices ... ( read original story ...)

In 2019, 642 such flats sold for a total of HK$2.3 billion, but last year only 307 were sold for a total of about HK$1.5 billion Too early to conclude that we have seen the back of nano flats, think ... ( read original story ...)

International property agents say sales increased this year as the yen fell to multi-decade lows against the Hong Kong dollar. ( read original story ...)

The sales come less than a fortnight after Xi says in a speech that: “At present, what the people of Hong Kong desire the most is a better life, a bigger flat, more business start-up opportunities, ... ( read original story ...)

First, Xi said, Hong Kong should improve governance – which could be interpreted as a push for administrative reform of the government to achieve “satisfactory performance.” Effective governance, ... ( read original story ...)

Customers can earn cash rebates of up to 0.1% upon successful application. DBS Bank (Hong Kong) has launched Green Mortgage, a 100% digital mortgage product for customers who purchase homes rated by ... ( read original story ...)

Encouraged by a weaker yen, Hong Kong investors are hunting for Japanese real estate, snapping up luxury second homes on Tokyo’s waterfront and seeking steady rental yields from studio apartments in ... ( read original story ...)