Category: PROPERTY

Higher rates are likely to calm Hong Kong's frothy property market. Interbank lending is getting more expensive after a decade-long slump, pointing to costlier mortgages and slower price growth. This will be manageable for banks and developers, and welcome ... ( read original story ...)

has announced a new contract with Hong Kong-based luxury hospitality and commercial property group The Hongkong and Shanghai Hotels Limited (HSH). The two companies will collaborate to centralise data and simplify business processes for HSH. "We are ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong’s richest man ... a conglomerate that employs 323,000 employees and has assets in more than 50 countries spanning property, power, telecoms and oil. At the AGMs for his flagship firm CK Hutchison Holdings (0001.HK ... ( read original story ...)

A Hong Kong property firm is planning to attract NGO tenants with low rent to revive some of the 17 shopping centres bought from the Link Reit, the company said on Wednesday, rejecting suspicions it was a speculator. Gaw Capital Partners led a consortium ... ( read original story ...)

HONG KONG (Reuters Breakingviews) - Higher rates are likely to calm Hong Kong’s frothy property market. Interbank lending is getting more expensive after a decade-long slump, pointing to costlier mortgages and slower price growth. This will be manageable ... ( read original story ...)

The government could quite easily tax developers who hoard completed flats, analysts and property consultants said on Friday, but if it stops there and ignores homeowners doing the same thing, the policy will do little to ease Hong Kong’s acute housing ... ( read original story ...)

Hong Kong property companies such as Sun Hung Kai Properties Ltd. and CK Asset Holdings Ltd. are bracing for the first increase in the city’s prime rate in more than a decade. A higher prime rate, which sets the upper limits on mortgages, could damp ... ( read original story ...)

The index broke historic records in November 2016 and has continued to rise since then. Hong Kong’s government has made reining in property prices a top priority and introduced a range of policies to this effect, but apartment prices have continued to ... ( read original story ...)

Now comes a massive, citywide consultation on where and how to find land. The sky is the limit for runaway property prices in Hong Kong. To make matters worse, while building micro flats has become the new trend under the excuse of making housing more ... ( read original story ...)

After 1997, Hong Kong’s property price dove by 75 per cent over the following six years. The political pressure forced the government to contract supply, which massively exaggerated the subsequent upcycle, causing political pressure on the other end. ( read original story ...)

Hong Kong may dig deep to reverse the city’s chronic shortage of land for building, adding underground caverns to the mix of options aimed at creating more housing in the world’s most expensive property market. It’s an option, according to a ... ( read original story ...)

A rare residential property with panoramic sea views in Kowloon, one of the three main islands in Hong Kong, has hit the market for the first time in over 30 years, asking HK$280 million (about US$35.68 million). Located on the northeast point of Little ... ( read original story ...)

Hong Kong’s banks, blindsided by rising funding costs due to the city’s costly defense of its currency peg, are clamping down on popular fixed-rate mortgages. These loans were provided at 1.68 percent for the first year of a new mortgage, lower than ... ( read original story ...)

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: I am trying to get the full financial picture of buying in Hong Kong, where real estate prices are sky high. What is the property tax there like? ( read original story ...)