Category: PROPERTY

Hong Kong’s luxury property prices will continue to rise in 2018, led by demand from rich mainland buyers and cash-rich Hong Kong investors, according to three research houses. Knight Frank, JLL and Cushman & Wakefield estimate that luxury home prices ... ( read original story ...)

Police are looking into complaints filed against Hong Kong’s beleaguered justice minister, with sources saying one line of inquiry will be whether she “intentionally misled” a bank to secure a mortgage without mentioning an illegal basement at her house. ( read original story ...)

Mumbai To Get More Space To Build Homes Iran: Why This Time Is Different, And What’s Next Trump Serves Pakistan Notice, Enter China? IOB’s Decision To Set-Off Losses Is An ‘Unusual’ Accounting Move, Says Veteran Auditor Bajaj Vs Bajaj: The Tale ... ( read original story ...)

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 ...)

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 — 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 ...)

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 ...)

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 stocks began the morning session on Monday higher following broad gains in the US last week, while mainland markets slipped. The Hang Seng Index opened up 0.26 per cent, or 80.45 points, at 30,895.09 after notching up the best weekly gain since ... ( read original story ...)

Wooded hillsides, craggy ridges and wheeling birds of prey are a world away from Hong Kong’s skyscrapers – but the city’s country parks are a necessary balm for its stressed out residents. With some of the world’s highest property prices ... ( read original story ...)

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 -- 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 ...)

According to JLL's latest Property Market Monitor released this week, net take-up in Hong Kong's overall office market amounted to 68,800 sq. ft in November 2017, with average monthly rent reaching HKD 71.7 per sq. ft -- 0.3% higher than in October 2017. ( read original story ...)

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 ...)