Phillip Zhong: Hong Kong’s property prices are perilously high

It is always difficult to predict when a bubble may burst, but the current level of prices in the Hong Kong residential property market suggests that there could be a correction in 2018, if not a U.S.-style crash. Hong Kong property prices have more than ... ( read original story ...)

Hong Kong Property Awash in Cash Shielded From Rates: HSBC

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Bank staff enjoys 100pc mortgage

A staff of a local bank reportedly took out a 100 percent mortgage loan to purchase last month a flat at One Kai Tak for HK$11.16 million.The unit at the "Hong Kong property for Hong Kong people" development was constructed by China Overseas Land and ... ( read original story ...)

Timing needed before relaxing mortgage curbs

He said the government is waiting for the right timing to relax the mortgage curbs but it remains prudent. People with inadequate financial ability will be worst affected if Hong Kong's property market experiences price corrections, he added. The ratio of ... ( read original story ...)

Hong Kong home prices reach double 1997 level and stocks rally

HONG KONG — Here’s a scary statistic ... remarks made on Monday to legislators by Financial Secretary Paul Chan, who noted the ratio of mortgage payments to median household income hit 68% in the third quarter, compared with a 45% average between ... ( read original story ...)