Category: PROPERTY

Is the world’s most expensive property heading for a bear market? Probably. Hong Kong apartments have been an excellent investment: Prices have tripled in the past decade. A tiny flat, slightly bigger ... ( read original story ...)

“Somebody’s going to kill me,” Kenneth Ng, a director of Hong Kong developer Wing Tai Properties Ltd., told his audience -- twice -- as he criticized the government’s housing policy. Ng spoke on a pan... ( read original story ...)

The Hong Kong Monetary Authority (HKMA) indicated that the debt-servicing ratio (DSR) for the new residential mortgage loans (RMLs) approved in the second quarter of this year was 34 per cent, and tha... ( read original story ...)

“That is definitely not enough, so it’s going to be tough especially for those who need to service their mortgages,” said Kenneth Leung Kai-cheong, a local lawmaker who represents Hong Kong’s accounti... ( read original story ...)

That was also before Hong Kong’s commercial banks finally bowed to rising interest rates and raised their mortgage payments for the first time in a decade. The combination has had a chilling effect on ... ( read original story ...)

It has three bedrooms. As the flats cost less than HK$4 million, first-time homebuyers can apply for mortgage insurance enabling a 90 per cent loan-to-value ratio from the Hong Kong Mortgage Corporati... ( read original story ...)

"Hong Kong is a small, open economy that is heavily reliant on the ... when existing home prices started ticking down, mortgage applications plummeted, and luxury home transactions dropped to the lowe... ( read original story ...)

The sale by the head of the local mortgage lender surpassed an eight-month-old record to become the most expensive house ever sold in Hong Kong, and came despite a significant slowdown in Hong Kong’s ... ( read original story ...)

Hong Kong developers are offering discounts at new projects in the latest sign the city’s housing boom is coming off the boil. Developers have been offering discounts and enticements including cash re... ( read original story ...)

Hong Kong property giant New World Development will sail into uncharted waters with a five-year HK$1.4 billion (US$179 million) investment in technological health care services for the ageing populati... ( read original story ...)

Hong Kong Mortgage Corp., the city’s government-backed home-loan insurer, plans to diversify into infrastructure financing next year. HKMC will first buy loan assets from banks and multilateral lender... ( read original story ...)

HONG KONG (Reuters) - Potential homebuyers priced out of Hong Kong’s stratospheric property market may now feel more hopeful as housing prices finally begin to cool after a bullish stampede ... ( read original story ...)

Sol City sales fall flat as Hong Kong project launches lose their lustre Another red flag: Lenders are repossessing property more quickly, after four or five months of missed mortgage payments instead ... ( read original story ...)

Stepping into autumn, a number of new residential properties in Hong Kong have been launched for sale by different property developers. Participating in the sale of these first-hand properties, proper... ( read original story ...)