Now, the transformation is just one of the many ways Hong Kong is freeing up land in order to boost housing supply and tackle runaway property prices.The government is also considering converting ... ( read original story ...)
Demand for Hong Kong developer Wing Tai’s Oma Oma project pushes residential property sales to ‘one of the best weekends this year’
Hong Kong property developer Wing Tai Properties said on Sunday it had sold about 70 per cent of apartments on offer at its new Oma Oma development in Tuen Mun, rounding off what could be one of the ... ( read original story ...)
Hong Kong home prices hit new peak in May, but momentum slows
“The property market has performed well in the first half...recording around 9% gains,” said Thomas Lam, executive director of Knight Frank. “But the recent social movement in Hong Kong and the ... ( read original story ...)
A Colonial Quirk Gives Some Hong Kong Men Houses on the Cheap
Sign up for Next China, a weekly email on where the nation stands now and where it's going next. In property-obsessed Hong Kong -- where buying a home is impossible for many -- being born into an ... ( read original story ...)
Hong Kong’s home prices are so scary, people will live with ghosts to get a discount
Which is more frightening: a haunted house or one that takes a lifetime to save up for? For most people Hong Kong's sky-high property prices are a more terrifying prospect than the thought of living ... ( read original story ...)
Political unrest in Hong Kong is bad news for Vancouver millennials
Mike Michelin, a mobile mortgage advisor with CIBC who’s based in Vancouver, says the industry has been abuzz with speculation this week that Hong Kong residents, fearful of relentless encroachment ... ( read original story ...)
Turning death benefits into cash flow
... to apply for a Reverse Mortgage amid a bullish property market first and then apply for the Policy Reverse Mortgage. The Hong Kong Mortgage Corporation recently started to accept applications of ... ( read original story ...)
Hong Kong civil unrest could renew interest in Australia’s top-end property market
Hong Kong tycoons’ interest in Australia’s top-end residential property market is expected to renew amid civil unrest against the mooted extradition bill. “Buyers have rediscovered their appetite for ... ( read original story ...)
The Hong Kong property hurdle
The palm tree-lined streets, azure shores and verdant countryside of the exclusive southern Spanish enclave of Sotogrande formed an idyllic backdrop for James Benady’s childhood. He now lives in Hong ... ( read original story ...)
Haunted Houses No Longer Taboo for Desperate Hong Kong Homebuyers
Hong Kong property prices have risen so high some desperate house hunters are now prepared to do the once unthinkable and buy a ‘haunted home.’ Over half the respondents in a REA Group Ltd. survey ... ( read original story ...)
Property prices in Hong Kong force people to explore various alternatives to achieve their dream of owning property
squarefoot.com.hk releases '2019 H1 Hong Kong Real Estate Market Outlook' findings Haunted flats are considered by over half of respondents. Co-living space gains public awareness and unexpectedly ... ( read original story ...)
Many Canadian provinces unprepared to house Hong Kong expats
Now on their second week, massive protests in Hong Kong continued to pressure its leaders to step down and revoke a contentious extradition bill – which might lead to a significant number of expats ... ( read original story ...)
6,000 apply for Mortgage Corp annuity plan
Edmond Lau Ying-pan, executive director and chief executive of HKMC Annuity, wholly-owned by The Hong Kong Mortgage Corporation, said more than 6,000 applications have been received for the annuity ... ( read original story ...)
Hong Kong’s interbank lending rate soars to 10-year high
Still, analysts said that higher funding costs could add further pressure on Hong Kong’s economy, where growth slowed to 0.6 per year on year in the first quarter. The majority of mortgages in the ... ( read original story ...)