Category: PROPERTY

Property developer Greenland Hong Kong has moved into the fast-growing Chinese markets for health care and care for the elderly, with plans to open clinics and rehabilitation communities as it accelerates its diversification out of real estate. Chen Jun ... ( read original story ...)

Hong Kong’s housing market is showing no sign of slowing, as a throng of 9,800 prospective buyers vied to get their hands on the biggest launch of newly built apartments this year, before the city’s mortgage payments rise in tandem with higher interest ... ( read original story ...)

While HNA has reason to be pleased, the buyers also look like they're on to a good thing. There's little immediate threat to Hong Kong's ultra-low mortgage rates, and government attempts to cool the market with measures such as higher taxes and down ... ( read original story ...)

Hong Kong’s rail operator denied it was becoming a property developer after it announced on Thursday a 64 per cent rise in net profit to hit HK$16.8 billion (US$2.1 billion) for 2017, thanks to bumper earnings from its property portfolio. Less than one ... ( read original story ...)

paying Silvercore Inc. $201-million for the property at 5799 Yonge St. in North York. This is the third and largest project announced so far in Canada by the Hong Kong-based company; it has two other projects in Vancouver. Aoyuan has 100 properties – a ... ( read original story ...)

HKMC Annuity is a unit of the government-owned Hong Kong Mortgage Corporation. It will collect the money from buyers of the annuity, up to the maximum HK$10 billion allowed, and will invest the money to provide the guaranteed monthly payments. It will ... ( read original story ...)

Residential property – and the lack of it – is never out of the news for long in Hong Kong. In recent times, the big issues have been the housing affordability crisis, the individuals and families forced to live in often squalid subdivided flats ... ( read original story ...)

The government needs to stop property developers using opaque sales tactics and stockpiling flats to push up prices amid skyrocketing housing costs in space-starved Hong Kong, experts said on Thursday. The strategies, raised by Financial Secretary Paul ... ( read original story ...)

Hong Kong’s land sales are set to become more transparent with the government undertaking to reveal all bids by developers to address long running concerns about inflated prices and their impact on the red hot property market. Development Secretary ... ( read original story ...)

I refer to the report on the Hong Kong Monetary Authority chief rejecting lawmakers’ calls to relax mortgage policies, citing the overheated market (“Hong Kong Monetary Authority chief Norman Chan rejects calls to relax mortgage policies”, February 5). ( read original story ...)

Home buyers borrowed HK$38.1 billion in January, an increase of 37.1 percent from December, the Hong Kong Monetary Authority said today. The number of mortgage applications increased month-on-month by 34.8 percent to 14, 179. Among the mortgage loans ... ( read original story ...)

The Hong Kong Monetary Authority (HKMA) announced the results of the residential mortgage survey for January 2018 today (February 28). The number of mortgage applications in January 2018 increased month-on-month by 34.8% to 14 179. Mortgage loans approved ... ( read original story ...)

HONG KONG, Feb 28 (Reuters) - Hong Kong’s Financial Secretary said on Wednesday the city’s red-hot property market will gradually come under pressure as more flats hit the market and interest rates are expected to rise. Hong Kong is one of the most ... ( read original story ...)

HONG KONG -- Top Hong Kong property developers are accelerating their pace of land-buying after a year-long slowdown, as the once-formidable mainland companies largely drop out of auctions. The restart of land expansion came after another record-breaking ... ( read original story ...)