Applications recorded the biggest month-on-month drop in 20 years in September, according to Centaline Mortgage Broker Ltd. The number of applications slid 56 percent to 7,977, the Hong Kong Monetary ... ( read original story ...)
Lawmaker takes loan at 18pc interest to buy Hong Kong property
Fox Hu, Shawna Kwan and Benjamin Robertson Just how attractive is Hong Kong property? A recent stock exchange filing shows that some people will continue to pay up for the chance to buy in. Hong Kong ... ( read original story ...)
Hong Kong home prices cool for 2nd straight month as investment conditions worsen
HONG KONG, Oct 31 (Reuters) - Hong Kong private home prices fell for the second straight month in September, as a global stock market rout and an intensifying Sino-U.S. trade war soured sentiment in t... ( read original story ...)
Negative equity returns to Hong Kong as small, older flats’ values drop by 20 per cent in a declining market
Many people who bought flats in the last couple of months have seen their value decline by as much as 20 per cent, according to up-to-date estimates by HSBC, Hong Kong’s largest mortgage provider. Hon... ( read original story ...)
Hong Kong’s New-Home Sales Tumble in First Data Since Rate Rise
Hong Kong’s new-home sales cooled, another sign of weakness in a property market that may be at risk of a correction. The transaction value so far in October is HK$11.2 billion ($1.4 billion), the low... ( read original story ...)
Negative equity returns to Hong Kong as small flats’ value drop by 20 per cent in a declining market
Many people who bought flats in the last couple of months have seen their value decline by as much as 20 per cent, according to up-to-date estimates by HSBC, Hong Kong’s largest mortgage provider. Hon... ( read original story ...)
Opponents of land reclamation ‘do not represent Hong Kong’, property tycoon Gordon Wu says
The collective voice of thousands of residents who marched to oppose a controversial multibillion-dollar reclamation project earlier this month “do not represent Hong Kong”, an outspoken property tyco... ( read original story ...)
New Hong Kong-Zhuhai-Macao Bridge to Benefit Regions Retail, Hotel Sectors
With the new Hong Kong-Zhuhai-Macao Bridge and other strategic infrastructure projects in the Pearl River Delta, both the city's economic development and the local retail, hotel and industrial propert... ( read original story ...)
‘Starter homes’ scheme targeting Hong Kong middle-class set for launch before end of 2018
A new kind of residence will be up for grabs among Hong Kong’s middle class later this year, as the government launches a “starter homes” scheme for those too poor to afford a flat in the world’s most ... ( read original story ...)
Hong Kong property magnate Walter Kwok dies, aged 68
Walter Kwok Ping-sheung, former chairman of Sun Hung Kai Properties, died at Hong Kong Adventist Hospital on Saturday morning two months after he was hospitalised following a stroke. Kwok, 68, was adm... ( read original story ...)
Lawmaker Takes Loan at 18% Interest to Buy Hong Kong Property
Just how attractive is Hong Kong property? A stock exchange filing from Tuesday evening shows that some people will continue to pay up for the chance to buy in. Hong Kong businessman and lawmaker Pete... ( read original story ...)
5 top areas in Hong Kong where investors love to buy properties
Hong Kong’s red-hot luxury property market attracts some of the top international property investors. These buyers have their own preferred areas where they like to invest. The Peak, for example, enti... ( read original story ...)
Hong Kong Developers Consider $6 Billion Debt for Housing Project
A consortium of Hong Kong property firms led by Henderson Land Development Co. is in talks with banks to raise about HK$46 billion ($5.9 billion) via bonds and loans to fund a residential project in t... ( read original story ...)
Hong Kong property tycoon Walter Kwok dies at 68
HONG KONG • Mr Walter Kwok, the former chairman of Hong Kong real-estate developer Sun Hung Kai Properties, died last Saturday morning at the age of 68, according to a statement from his family. "We a... ( read original story ...)