I also recommend providing subsidiary housing for young couples by placing requirements in the lease conditions and limiting the property to qualified young families. It can effectively help ... ( read original story ...)
Hong Kong Office Market Enjoys Stronger User Demand
According to JLL's latest Hong Kong Property Market Monitor Report, overall Grade A office leasing activity recorded net absorption of 647,100 square feet in January 2022, just before the pandemic ... ( read original story ...)
Hong Kong opens tap for more mortgage loans to first-home buyers Hong Kong opens tap for more mortgage loans to first-home buyers
The policy would make larger abodes more affordable to first-time buyers, helping to remove so-called nano flats as the sole property type within their financial reach. ( read original story ...)
Leaving Hong Kong: UK’s property boom is turbocharged by influx of city’s BN(O) migrants
London, Manchester and Birmingham among preferred destinations for Hongkongers moving to UK; property prices up as much as 11.5 per cent in hottest locations Nearly 104,000 eligible Hongkongers ... ( read original story ...)
Tired of real-world property investments? New Hong Kong NFT project sells shares of virtual land in the metaverse
The Metaworld Development project’s virtual land portfolio will be acquired from popular metaverse platforms The Sandbox and Decentraland. ( read original story ...)
Inside the crazy rich life of Hong Kong actress Manna Chan
After savvy property investments during Sars and since, the semi-retiree is gracing screens again in TVB’s Modern Dynasty, surely adding to her millions already in the bank ... ( read original story ...)
Spectre of mass lockdown to send Hong Kong property market into ‘deep freeze’ as transactions plunge to 25-month low
The grim projection by property agents comes as total transactions plunged to a 25-month low of 3,992 deals in February, according to data from Centaline. ( read original story ...)
Debt-laden Chinese developer Fantasia and its chairman rebuked by Hong Kong stock exchange for breaching agreement with spin-off unit
The mainland developer, its chairman Pan Jun and three others were criticised by the Hong Kong bourse for breaching an agreement to avoid competition with a spin-off unit between 2015 and 2018. ( read original story ...)
Hong Kong signals scale of its first IABS
Add to an existing briefcase.. The Hong Kong financial secretary this week signalled the size and timing of Hong Kong Mortgage Corp's first infrastructure asset-backed security issuance in the debt ... ( read original story ...)
Aspiring Hong Kong homeowners rush to sign up for chance to buy shoebox flats the size of 1½ car park spaces
Tiny government-subsidised flats as small as 186 sq ft have drawn the interest of aspiring homeowners after applications launched on Friday, with some saying it was better to buy small in Hong Kong ... ( read original story ...)
Hong Kong Moves to Ban Construction of Nano Flats by Developers
Hong Kong’s government will ban developers from building nano apartments in a bid to ease the city’s crammed living space. Private homes will have to be at least 26 square meters (280 square feet), ... ( read original story ...)
New Hong Kong rent relief law to apply to more than 19 sectors hit hard by fifth wave of Covid-19 infections, finance chief says
Chan said the city's de facto central bank, the Hong Kong Monetary Authority, would issue notices and guidelines to banks about flexible treatment of mortgage repayment, and he was confident that ... ( read original story ...)
All private flats built in Hong Kong must be at least 280 sq ft in future under new government rule
All private homes to be built in Hong Kong in future will have to be at least 280 sq ft, the government has announced. The minimum size requirement in the private sector will cover all government land ... ( read original story ...)
Hong Kong’s used home prices drop by most in 23 months as owners discount their flats to flee Covid-19 fifth wave
Lived-in home prices are on the slide as desperate owners looking to escape the ferocious fifth wave of Covid-19 offer steep discounts on their flats. ( read original story ...)