Category: PROPERTY

I have written and ranted ad nauseam about the sorry state of housing in Hong Kong and the insanity of endlessly skyrocketing property prices in the world’s most expensive city to secure a roof over y... ( read original story ...)

Property prices do not always go up, not even in Hong Kong. It may look that way when we are all caught up in the middle of one of the most sustained real estate bull runs in the city’s history. But e... ( read original story ...)

We understand that our bureaucrats at the Hong Kong Mortgage Corporation are no investment geniuses in the mould of Warren Buffett, but even they should be able to obtain a return of at least 4 per ce... ( read original story ...)

Tighter restrictions may be imposed on non-local homebuyers if necessary to rein in runaway property prices even as Hong Kong maintains its open-door policy on mainland Chinese migrants, Chief Executi... ( read original story ...)

Hong Kong will not rule out tighter restrictions on non-locals buying flats to rein in runaway property prices even as the city maintains its open-door policy on migrants, its leader said on Thursday. ... ( read original story ...)

Readers of the letters column would have seen a lot of suggestions made by correspondents for solving the city’s housing problem. The common goal is to free up more land for housing development, so th... ( read original story ...)

The Hong Kong Monetary Authority (HKMA) announced the results of the residential mortgage survey for May 2018. The number of mortgage applications in May decreased month-on-month by 2.7% to 14 491. Mo... ( read original story ...)

Government efforts to cool Hong Kong’s soaring property prices have been undermined by loopholes in the territory’s stamp duties, according to a new study. The research showed that a total of HK$8.3bn ... ( read original story ...)

Voiceover: HKMC Annuity, wholly-owned by the Hong Kong Mortgage Corporation, launched the HKMC Annuity Plan which offers retirees a way to turn part of their savings into streams of stable income. The ... ( read original story ...)

The Hong Kong Mortgage Corporation launched the life annuity scheme today, called the "HKMC Annuity Plan," which HKMC says allows retirees to generate life-long income from a part of their savings. Th... ( read original story ...)

(Bloomberg) -- Hong Kong’s plan to tax unsold new apartments may have little effect on the city’s red-hot housing market. Taming Hong Kong’s soaring home prices has been one of the biggest challenges ... ( read original story ...)

HONG KONG (Reuters) - A Chinese company plans to emulate a risky property strategy in Hong Kong that was used last year to buy a skyscraper from the tycoon Li Ka-shing, taking on a high degree of debt and selling off individual floors before the ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong proposed a vacancy tax on empty new homes on Friday in an attempt to discourage developers from hoarding, but analysts expect the measure to have little impact on prices in a property market rated the world’s least affordable. ( read original story ...)

Ng Goon-lau pointed at a window inside a dark, tiny bedroom. The window was small and easily sealed, Ng explained, a perfect place for carbon monoxide poisoning. A man once burned charcoal to kill himself there. Another tenant, a policewoman, also hanged ... ( read original story ...)