Category: PROPERTY

(Bloomberg) -- Hong Kong’s plan to tax unsold new apartments may have little effect on the city’s red-hot housing market. Taming Hong Kong’s soaring home prices has been one of the biggest challenges ... ( read original story ...)

HONG KONG (Reuters) - A Chinese company plans to emulate a risky property strategy in Hong Kong that was used last year to buy a skyscraper from the tycoon Li Ka-shing, taking on a high degree of debt and selling off individual floors before the ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong proposed a vacancy tax on empty new homes on Friday in an attempt to discourage developers from hoarding, but analysts expect the measure to have little impact on prices in a property market rated the world’s least affordable. ( read original story ...)

Ng Goon-lau pointed at a window inside a dark, tiny bedroom. The window was small and easily sealed, Ng explained, a perfect place for carbon monoxide poisoning. A man once burned charcoal to kill himself there. Another tenant, a policewoman, also hanged ... ( read original story ...)

Japan’s stiffer home-sharing controls have dampened Japanese home sales among Hong Kong buyers who are increasingly investing in the country’s properties to operate shared lodging services. The new rules have also forced the world’s largest home ... ( read original story ...)

In February 2015, the Hong Kong Mortgage Corporation Limited tightened the arrangements under the Mortgage Insurance Programme (MIP) by reducing the maximum MIP coverage for eligible residential properties from 90% loan-to-value (LTV) ratio to 80 per cent ... ( read original story ...)

Hong Kong's housing market has shown little sign of cooling after years of consistent price increases. In response, the government is now considering a controversial measure. Property in the semi-autonomous region of China has long ranked among the world ... ( read original story ...)

Enough, enough and more enough – the time has come to call an end to all this nonsense surrounding Hong Kong’s property market and the government’s alleged attempts to cool prices. Yet another initiative is about to be launched which imposes what is ... ( read original story ...)

A strong earthquake in Osaka this week has not only rattled Japan’s second-largest city, but also shaken Hong Kong buyers’ growing interest in Japanese property in the short term, according to real estate agents. “One of our clients was paying a ... ( read original story ...)

Property sales in Hong Kong are expected to touch HK$400 billion (US$50.96 billion) – a 21-year high – in the first half this year, as one after another homes, office towers and parking spaces set records in the world’s most expensive real estate ... ( read original story ...)

Hong Kong’s property developers have denied hoarding flats, saying that the reason there are more unsold newly built homes in the city, which is suffering an acute housing shortage, is because of an earlier increase of land supply. According to the ... ( read original story ...)

Homebuyers in Hong Kong rushed to buy flats on Friday and Saturday in the city’s first two sales after the US raised interest rates, indicating no dip in the buoyant and expensive local property market. As of 5pm on Saturday, all 119 units on offer ... ( read original story ...)

Everyone told Goodwin Gaw not to do it. The sprawling shops, offices and homes complex in Beijing that private equity group Gaw Capital Partners had in its sights was a dud, property moguls said. Beneath the four towers of Pacific Century Place was a ... ( read original story ...)

according to property firm JLL’s May Property Market Monitor, adding that demand mainly focused on eastern Hong Kong Island and the east of Kowloon, which accounted for around 76 per cent of the new lettings in May. Swire Properties saw its underlying ... ( read original story ...)