Category: PROPERTY

Hong Kong tycoon Victor Li has bought a London office tower for 1 billion pounds ($1.3 billion) as he expands his overseas portfolio after taking over the business empire of his billionaire father Li Ka-shing. Property company British Land and a ... ( read original story ...)

Short term interest rates in Hong Kong are rising at a lively pace and reviving concerns among analysts that tightening financial conditions will challenge the highly valued local property market. Three-month Hibor, Hong Kong’s short-term interbank ... ( read original story ...)

The monthly mortgage repayment of homeowners in Hong Kong is expected to rise to 70 per cent of their monthly income by the end of this year – the highest level in nearly two decades – as mortgage rates kick upwards and home prices show no signs of ... ( read original story ...)

Interest rates in Hong Kong are continuing to shoot up at a rapid rate, reviving concerns among analysts that the highly valued local property market bubble could burst. Three-month Hibor, Hong Kong’s short-term interbank lending rate, has jumped by more ... ( read original story ...)

HONG KONG (Reuters) - Tough measures to cool the property market in China’s resort island of Hainan have put the brakes on a real estate boom and underscore the policy risks developers and investors face as the government tries to rein in prices. ( read original story ...)

The current positive momentum in Hong Kong’s property market looks set to continue with the latest index showing that an expected rise in interest rates is not impacting optimism. A supply and demand imbalance is supporting both rents and prices in the ... ( read original story ...)

Pure insanity now rules our property market. Only doing the unthinkable can cure this madness. Slam shut our housing market door to all except Hong Kong identity card holders. Home prices will drop faster than a ton of bricks. But it takes Trump-like guts. ( read original story ...)

Jezz Ng in a small living space in a co-sharing building in Hong Kong, where box-like 'nano-flats' and co-shares have been touted as fashionable solutions to eye-wateringly high property prices "If you're renting, you are spending all your money without ... ( read original story ...)

“In Hong Kong, Legco’s approval is necessary for imposing any tax ... But real estate and construction sector lawmaker Abraham Razack said it would be unfair to target property developers’ new flats, arguing that only 3,000 were actually vacant. ( read original story ...)

Hong Kong’s real estate is the most expensive in the world, with median house prices at 19.4 times median incomes, the worst ratio globally according to the Annual Demographia International Housing Affordability Survey 2018. Property prices have been ... ( read original story ...)

Hong Kong’s soaring property prices no longer shock people, but there was still a jaw-dropping moment last week when a car parking space was sold for an astonishing HK$6 million (US$760,000). Chan’s heads-up and Lam’s support have sent the latest ... ( read original story ...)

But for others the golf course is fair game and a visceral symbol of Hong Kong's inequalities, set against the backdrop of spiralling property prices and rents which force many residents to cram into tiny homes. Chanting "Land belongs to the people!" ( read original story ...)

Hong Kong directors’ buying of shares in their own companies was high for a third week in the June 4 to June 8 period, with executives at property firms Sun Hung Kai Properties and Future Land Development prominent amid bullish sentiment over the city ... ( read original story ...)

HONG KONG (Reuters) - Chinese property companies are increasingly tapping expensive mezzanine loans as they seek out higher returns, a trend that could undermine government efforts to cool the country’s booming real estate sector and rein in debt. ( read original story ...)