Category: PROPERTY

HONG KONG (Reuters) - Hong Kong’s private home prices broke historic records for the 13th straight month in November, with the ascent showing no immediate signs of ending and analysts expecting the rise to continue into next year. Private home prices ... ( read original story ...)

The regulator of property agents in Hong Kong has issued guidelines for the sale of uncompleted overseas properties by local agents following repeated complaints by buyers, a move supported by companies in the sector. The Estate Agents Authority issued a ... ( read original story ...)

A group of four Hong Kong property companies including C C Land Holdings Ltd. has agreed to buy a majority stake in a skyscraper planned for the City of London financial district, two people with knowledge of the plan said. The investors will also fund the ... ( read original story ...)

Some people will always complain that a glass is half empty rather than be glad that it is half full. Here at last, comes the remedy to the high home prices about which everyone has complained for years, and what are we told instead? Homebuyers hit. ( read original story ...)

Small certainly doesn’t come cheap, when it comes to Hong Kong property. A block full of tiny flats in Yuen Long – a new town far from the centre of the city – are being sold for at least HK$2.99 million (US$383,000) per unit, making it one of the ... ( read original story ...)

When former South Korean president Park Geun-hye went to a Seoul prison cell last spring, many residents of Hong Kong could only express envy. The 125 sq ft in which she was incarcerated is bigger than many Hong Kong flats. And yet, Hong Kong grows ever ... ( read original story ...)

Mass and luxury residential home prices in Hong Kong surged 14.4% and 15.3% respectively, in 2017, according to a report released by global real estate consultancy JLL on Monday. The report forecasts that home prices in the red-hot property market are ... ( read original story ...)

HONG KONG, CHINA–(Marketwired – Dec 4, 2017) – Asia's premier property leaders' summit, the annual MIPIM Asia, concluded last week after welcoming more than 900 of the world's top-level real estate professionals and industry experts. The annual event ... ( read original story ...)

Central Kowloon has seen a new wave of residential construction over the last year or so, as developers have ventured out to undertake ambitious projects to build luxury residences. Kerry Properties, Wheelock Properties and Sun Hung Kai Properties (SHKP ... ( read original story ...)

When Typhoon Hato swept over Hong Kong three months ago – the first Typhoon signal 10 since Vincent in 2012 – I watched for the second time in five years the tidal surge swamp the vacant village house built optimistically on the waterfront near to me ... ( read original story ...)

HONG KONG, CHINA–(Marketwired – Dec 1, 2017) – World renowned architectural and design firms, leading developers and property industry professionals from across the globe were recognised at the MIPIM Asia Gala Dinner for their contributions to the ... ( read original story ...)

In a sign that mortgage wars between banks are raging even amid the prospect of rising interest rates, HSBC Holdings Plc is offering to match low rates from rival lenders. Hong Kong’s largest mortgage lender is offering some clients a rate of Hibor plus ... ( read original story ...)

A Hong Kong property developer is offering free Teslas to those who sign up to buy their luxury flats. K&K Property has announced that it will bestow the first five bidders for their four-bedroom apartments with either HK$500,000 (£48,179) cashback or ... ( read original story ...)

Stein’s Law, named after Herbert Stein, chief economic adviser to disgraced US president Richard Nixon, states that “if something cannot go on forever, it will stop”. Well, the nine-year run-up in Hong Kong housing prices cannot go on forever. ( read original story ...)