Hong Kong’s economy is stagnating, if it has not entered recession yet. Official figures show the city was already in negative growth for the second quarter over the previous three-month period, with ... ( read original story ...)
As protests rock Hong Kong, money may flee to safer and cheaper property markets
As Hong Kong’s political crisis enters a dangerous new phase, with the protests erupting into violence , the city’s reputation among investors is taking a severe knock. The territory’s rule of law and ... ( read original story ...)
The future of Hong Kong’s property market is looking ‘dim,’ researcher says
The future for Hong Kong's property market is bleak, a commercial real estate services researcher predicts. That expectation comes amid a possible U.S. recession and China-U.S. trade tensions. ... ( read original story ...)
Mortgages for new flats drop to HK$11.5b in June
Hong Kong's mortgage applications in June decreased by 27.1 percent month-on-month to 12,732, the Hong Kong Monetary Authority says.Mortgage loans approved in June fell 14.6 percent month-to-month to ... ( read original story ...)
Hong Kong’s inventory of unsold residential property rises to a decade-high of 10,000 homes as trade war, protests deterred buyers
Hong Kong’s inventory of unsold residential property rose to the highest in more than a decade, as uncertainties brought by the US-China trade war and the city’s ongoing political unrest deterred ... ( read original story ...)
Opinion: Is a fresh wave of foreign homebuyers coming from Hong Kong (again)?
Perhaps, if those buyers are really motivated. And the recent political unrest in Hong Kong could well be enough to create that momentum. It seems that potential property buyers from Hong Kong (once ... ( read original story ...)
Hong Kong home prices seen weakening after huge protests but only briefly-realtors
Real estate consultancy Colliers International (CIGI.O) forecast housing prices in one of the world’s most expensive property markets will fall 4% in the second half, but still rise 6% for the full ... ( read original story ...)
Hong Kong residents flock to buy in London amid political and civil unrest
There has been a surge in the number of Hong Kong residents travelling to London to invest in residential property, according to luxury London estate agency Aston Chase. Amid significant political and ... ( read original story ...)
Violence in Hong Kong’s Yuen Long casts long shadow over property projects in New Territories
Mob violence in areas such as Yuen Long will affect demand for new projects in the northern New Territories of Hong Kong, with sales expected to drop 20 per cent this month, Centaline Property Agency ... ( read original story ...)
Why Hong Kong’s angry and disillusioned youth are making their voices heard
But many young people in what is one of the world’s most densely populated and expensive cities are also infuriated by Over the past decade, Hong Kong’s residential property prices have skyrocketed by ... ( read original story ...)
Property prices are ‘trending north’
... percent of respondents are considering buying a property over the next 12 months, while almost 60 percent expected a steady upward trend of home prices, according to a survey conducted by Hong ... ( read original story ...)
Why the extradition bill protests won’t burst Hong Kong’s property bubble
Observers argue that a dip in sentiment due to the protests, higher mortgage rates and declining affordability should surely trigger a downturn But as the data shows, the property market is still red ... ( read original story ...)
Portugal: a new home for those who fear Hong Kong’s fate?
Lam, who married less than a year ago and is considering having children, says that apart from rights concerns, Hong Kong’s high property prices, decreasing quality of life and education system are ... ( read original story ...)
Hong Kong police make ‘largest ever’ seizure of explosives on eve of protests
Police uncovered 2 kilograms (4.4 pounds) of high explosives, 10 petrol bombs, corrosive liquids, weapons and metal poles at the property. "It's the largest such seizure we have ever come across in ... ( read original story ...)