Residential mortgage survey results for November 2017

The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority announced the results of the residential mortgage survey for November 2017 today (December 29). The number of mortgage applications in November ... ( read original story ...)

In mortgage fraud frenzy, China’s banks face a hidden danger

Mortgage fraud need not be as elaborate as the deal between Zhu and Lei. Simple bribery can also be effective. A Hong Kong property investor surnamed Fu, who declined to give his full name because he was admitting criminal behavior, told Reuters that ... ( read original story ...)

Hong Kong property deals up 15% in 2017 despite clampdown

HONG KONG -- The Hong Kong property market seems untameable. Already among the most expensive in the world, Hong Kong properties continued to see strong demand in 2017 despite cooling measures implemented by the government. In 2017, property transactions ... ( read original story ...)

Hong Kong property market shatters price records again

Public and private housing blocks are seen in Hong Kong. Private home prices in Hong Kong rose by 1.08% in November, marking the fastest pace of growth in six months, according to data compiled by the Rating and Valuation Department released yesterday. ( read original story ...)

Hong Kong Venture Buys Into London ‘Gotham City’ Tower

A group of four Hong Kong property companies including C C Land Holdings Ltd. has agreed to buy a majority stake in a skyscraper planned for the City of London financial district, two people with knowledge of the plan said. The investors will also fund the ... ( read original story ...)

Hong Kong investors go defensive in $3bn property auction

When former South Korean president Park Geun-hye went to a Seoul prison cell last spring, many residents of Hong Kong could only express envy. The 125 sq ft in which she was incarcerated is bigger than many Hong Kong flats. And yet, Hong Kong grows ever ... ( read original story ...)