Category: PROPERTY

HONG KONG, Nov 14 (Reuters) - Hong Kong property-to-media conglomerate Wharf said on Tuesday its board had approved a spin-off proposal for its property investment unit. The plan would increase the operational and financial transparency of each listed ... ( read original story ...)

About half of those queuing up were first-time buyers receiving help from their parents, according to Louis Chan, Asia-Pacific vice-chairman and managing director for residential sales at Hong Kong property agent Centaline. HKMA figures highlighting the ... ( read original story ...)

A total of 11 Hong Kong and mainland Chinese developers have submitted bids ... while China Overseas, Logan Property and Shimao Properties were among the mainland Chinese players joining the fray. The value of the land has the potential to break the ... ( read original story ...)

office skyscrapers in Hong Kong are the most expensive commercial real estate assets in the world in 2017. Yield Spreads Are Main Focus of Asia Pacific Property Investors CBRE is reporting that investors in Asia Pacific real estate in 2017 remain heavily ... ( read original story ...)

On November 1, 2017, CK Asset Holdings announced an agreement to sell the skyscraper located in Central (Hong Kong) known as “The Center” to C.H.M.T. Peaceful Development Asia Property for a total transaction value of HK$40,2bn ($5.15bn). The sale of ... ( read original story ...)

Home prices have tripled since the 2008 financial crisis as low borrowing costs and demand for property by wealthy mainland Chinese countered government efforts to cool the real estate sector. Things are starting to change. Hong Kong’s interbank rates ... ( read original story ...)

The most pressing need for Hong Kong is to improve housing conditions for low-income earners and mitigate the mortgage burden for the middle class. Hong Kong has a unique housing market. There are about 756,000 public housing units designed to provide low ... ( read original story ...)

A landmark skyscraper owned by Hong Kong’s richest man Li Ka-shing has sold for a record price of more than $5 billion, the company confirmed on Wednesday, indicating the city’s booming property sector shows no sign of slowing down. The rumoured sale ... ( read original story ...)

Hong Kong developers could be forced to build nursing homes for the elderly and day care centres as part of their property projects under a proposal being considered by the government, the city’s labour and welfare chief has told the Post. Dr Law Chi ... ( read original story ...)

HONG KONG, Oct. 31 (Xinhua) -- Mortgage loans approved in September dropped 1.7 percent compared to the previous month to 29.5 billion HK dollars (3.78 billion U.S. dollars) in China's Hong Kong Special Administrative Region, the Hong Kong Monetary ... ( 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 September 2017. The number of mortgage applications in September increased month-on-month ... ( read original story ...)

Shanghai-based Future Land Development has set its sights on Hong Kong’s co-living spaces. The Chinese developer, which builds homes in 40 cities across the mainland, said on Wednesday it has invested around HK$500-HK$600 million this year in two ... ( read original story ...)

HONG KONG, Nov 2 (Reuters) - CK Asset Holdings Ltd , owned by Hong Kong’s richest man Li Ka-shing, is selling its 73-storey office tower to C.H.M.T. Peaceful Development Asia Property Ltd for HK$40.2 billion ($5.15 billion), the city’s biggest property ... ( read original story ...)

A landmark skyscraper owned by Hong Kong’s richest man Li Ka-shing has sold for a record price of more than $5bn (£3.8bn), his company has confirmed, indicating the city’s booming property sector shows no sign of slowing down. The rumoured sale of The ... ( read original story ...)