As such, property or land buyers have to hire a lawyer to review ... This new system has long been adopted by countries such as Britain and Australia. In Hong Kong, the old deeds system has been in place since 1884 and the government has been discussing ... ( read original story ...)
Hong Kong’s property market has no signs of slowing
At today’s year-end press conference, Colliers reveals Hong Kong’s property market continues to rise on the basis of a healthy economy. Hong Kong’s real GDP is likely to grow at 3.7% in 2017, the highest since 2011 and exports recorded growth of ... ( read original story ...)
Clark, Wat met Hong Kong, China developers as foreign investor debate roiled B.C.
In 2015, as home prices skyrocketed in Vancouver, then B.C. premier Christy Clark and then trade minister Teresa Wat held intimate meetings with Hong Kong developers and donors who had billions invested in Vancouver property. They wanted to know if Clark ... ( read original story ...)
Hong Kong apartments break the bank by selling for $149 million
The price broke the previous record paid for an apartment in the country’s burgeoning property market, when a duplex unit sold for $13,439 per square foot in September 2017. The price broke the previous record paid for an apartment in Hong Kong ... ( read original story ...)
In China Property, Investors May Switch From Bonds to Stocks
Shares of BB rated Chinese property developers will rise, according to the analysts led by Ryan Li, Hong Kong-based executive director of the firm’s China property research division. Dividend yields on those companies were less than the credit ... ( read original story ...)
Hong Kong is top property investment destination
In terms of property investment, Hong Kong led its regional counterparts in Asia during the first half of 2017, a report by PwC showed. Hong Kong emerged as a top investment destination, with real estate sales reaching USD8.269bn, a 5% year-on-year increase. ( read original story ...)
UK government officials to showcase country’s development opportunities at MIPIM Asia Summit in Hong Kong
HONG KONG, CHINA–(Marketwired – Nov 23 ... Bruce Dear is one of the industry's leading commentators on issues affecting the UK property market. He has advised on some of the country's biggest property deals and his recent experience includes advising ... ( read original story ...)
Pension fund could be used to help Hong Kong citizens get mortgage
The government is studying the feasibility of allowing Mandatory Provident Fund (MPF) account holders to withdraw part of their accrued interest for mortgage down payments. This practice has been adopted in Singapore for a long time, but opinion is divided ... ( read original story ...)
Chinese developers turn to mortgage balance-ABS for liquidity
HONG KONG, Nov 21 (Reuters) - Chinese developers such as China ... Most developers consolidate asset-backed securities on their balance sheets as debt, because the mortgage receivables are used as collateral. However, the securities are still seen by ... ( read original story ...)
Demand for expat BLT mortgages reaches new high
According to new research from Liquid Expat Mortgages, demand from expats looking for BTL mortgages ... The majority of enquiries have come from expats living in UAE (30%), Hong Kong (15%) and Singapore (10%). This trend is likely to continue in line ... ( read original story ...)
Hong Kong dominates Asian property investment in first half
Hong Kong attracted the most property investment in Asia in the first half of 2017, according to a latest annual property report from PwC. The city took the top investment spot with real estate sales reaching US$8,269 million, a 5 per cent year over year ... ( read original story ...)
Hong Kong’s property cartel is pushing wealth inequality to the brink
When a Hong Kong government cabinet secretary mocks my ideas on how to reduce poverty and improve equality on a television show it is worth examining whose version of economic reality we are living in. I recently participated in a Channel News Asia panel ... ( read original story ...)
Hong Kong’s investment interests in the UK undaunted by Brexit, says official
Hong Kong companies and individuals are still investing in the UK, particularly in British property despite the uncertainty in the country’s prospects in the short and long term. Sajid Javid, the UK’s Secretary of State for Communities and Local ... ( read original story ...)
Divisions grow as analysts debate Hong Kong property outlook
Hong Kong property analysts are divided on the outlook for the local property market, as international property investors express concern over excessive prices and deteriorating market stability worldwide. More than 60 per cent of global real estate ... ( read original story ...)