Category: PROPERTY

HONG KONG (Reuters) - Spooked by the prospect of rising interest rates, a slowing economy and a mounting supply of new apartments, Hong Kong developers are going all out to woo buyers, offering bigger ... ( read original story ...)

The property market in Hong Kong is dominated by the sale of new homes in recent years with most of the transactions conducted by property agents. Crowds of salesmen are commonly seen at the sales sit... ( read original story ...)

Surging interbank rates. A shock jump in the currency. Hong Kong’s decade-long liquidity party suddenly appears to be ending, and that can only be bad news for its expensive property market. The one-m... ( read original story ...)

Property developers are cutting prices in Hong Kong to lure buyers amid the increasing downside risks in the world’s least-affordable housing market. Vanke Property Overseas Ltd. released 231 units of ... ( read original story ...)

Lenders haven’t raised the prime rate, which affects the costs of mortgages, since 2006 but the chance of a hike is increasing, especially with the Federal Reserve expected to lift rates next week. “T... ( read original story ...)

Speaking at the Philanthropy for Better Cities Forum yesterday, Chan expressed his optimism about the scheme and the Reverse Mortgage program launched by Hong Kong Mortgage Corporation in 2011. He sai... ( read original story ...)

There’s expensive, and then there’s Hong Kong property expensive. A four-bedroom house in the exclusive Peak neighborhood has hit the market for an eye-watering HK$3.5 billion ($446 million), which wo... ( read original story ...)

Hong Kong now has the world’s highest concentration of ultra-high net worth residents, besting New York City, a new report from wealth consultancy Wealth-X revealed this month. Around 10,010 ultra-hig... ( read original story ...)

The Hong Kong property market has showed signs of cooling in the past few weeks and the downside risks are getting higher, said Financial Secretary Paul Chan Mo-po.One of the risks is that Hong Kong w... ( read original story ...)

A small, but significant, number of younger people are living in industrial buildings, trading comfort and convenience for cheap rent. Along with irritations such as rust-tainted water and intermitten... ( read original story ...)

The property market in Hong Kong is known to be among the most expensive in the world, with prices continuing to soar over the years despite various cooling measures by the authorities. It is also see... ( read original story ...)

A correction in Hong Kong property prices of as much as 15 percent in the first half of 2019 is possible as interest rates rise and the tide of money flowing in from mainland China recedes, according ... ( read original story ...)

Developers in Hong Kong are offering perks such as free rail tickets and early move-in dates in a further sign one of the world’s hottest property markets may finally be cooling. In a bid to shift apa... ( read original story ...)

It’s a great time to be a Hong Kong property agent. In some cases, developers are paying more than double their usual 3 per cent agent commission for selling a flat, as they get aggressive in paying a... ( read original story ...)