HONG KONG • Record high home prices in Hong Kong have prompted some economists to forecast a bursting of the bubble. Residential property values reached an all-time high last week after relentless ... ( read original story ...)
New generation of Hong Kong property tycoons faces greater expectations
Last week marked the end of one era and the start of another. The retirement of Hong Kong’s second-richest man, Lee Shau-kee , as chairman of Henderson Land Development means that the so-called Big ... ( read original story ...)
The Big Threat to Hong Kong’s Property Billionaires
Can Hong Kong’s billionaire heirs keep their grip on the city? Given Beijing’s increasing assertiveness in the territory, it’s a question worth asking. For the past five decades, Hong Kong’s family ... ( read original story ...)
World’s most expensive housing market is getting even pricier with mortgages in Hong Kong eating up almost 70 per cent of monthly income
Ordinary people are increasingly being priced out of Hong Kong’s property market, with mortgages eating up almost 70 per cent of monthly incomes and prices surpassing the height of the 1997 housing ... ( read original story ...)
World’s most expensive housing market is getting even pricier with mortgages in Hong Kong eating up 70 per cent of monthly income
Ordinary people are increasingly being priced out of Hong Kong’s property market, with mortgages eating up almost 70 per cent of monthly incomes and prices surpassing the height of the 1997 housing ... ( read original story ...)
World’s most expensive housing market just got even pricier with mortgages in Hong Kong eating up 70 per cent of monthly income
Ordinary people are increasingly being priced out of Hong Kong’s property market, with mortgages eating up almost 70 per cent of monthly incomes and prices surpassing the peak levels of the 1997 ... ( read original story ...)
Hong Kong: Mortgage loans up 7.9%
Residential mortgage loans approved in April increased 7.9% compared with the previous month to $40.2 billion, the Monetary Authority announced today. Mortgage loans financing primary market ... ( read original story ...)
Hong Kong Property Just Hit an All-Time High
In the world’s most-expensive real estate market, the sky’s the limit. Property prices in Hong Kong reached an all-time high Friday after relentless gains over the past three months. Home values in ... ( read original story ...)
Hong Kong’s Property Tycoons Hand Over $109 Billion in Empires to Heirs
The last of Hong Kong’s ‘Big Four’ property dynasties is handing over the reins to a younger generation, completing a flood of successions at family empires worth $109 billion. Lee, who will still ... ( read original story ...)
Hong Kong’s Rosewood hotel offers the luxury of space
The luxuriousness begins with a drive up a curving cobblestoned driveway toward the gleaming golden tower, designed by New York architects Kohn Pedersen Fox Associates to be the flagship of the ... ( read original story ...)
Room for each: Supply catching up with demand in Hong Kong’s high-end hotel market
The St. Regis touts itself as the easternmost luxury property on Hong Kong Island, situated in Wan Chai, an area known for its bars and restaurants. Modelled after the chain’s first location in New ... ( read original story ...)
Hong Kong’s home sales flop for a second consecutive weekend as worsening US-China relations give buyers more cause for pause
Until the unexpected escalation of the trade war, Hong Kong was in the throes of a property bull run, with home prices jumping by about 11 per cent this year, prompting UBS to forecast a rally that ... ( read original story ...)
Expect more property cooling measures in Hong Kong … but don’t expect them to work, says JPMorgan
Hong Kong’s government will keep rolling out cooling measures designed to rein in skyrocketing property prices, even though they have a very limited effect, according to JPMorgan. The American ... ( read original story ...)
Tightened mortgage lending has pushed Hongkongers into arms of cash-rich developers and their expensive property loans
But she needed 40 per cent of its value for a down payment under current mortgage rules. Sales of pre-owned homes surge to eight-year high “We always say Hong Kong’s housing issue is due to lack of ... ( read original story ...)