Category: PROPERTY

In fact, the government has pledged to do so but has yet to succeed by some measure. For example, the “Hong Kong Property for Hong Kong People” scheme was aimed at helping Hong Kong permanent residents buy their own flat. However, as it turned out ... ( read original story ...)

HONG KONG: New mortgage loans drawn down in Hong Kong totalled HK$24.9 billion in March, up 17.8 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from HKMA: 2017 2017 March Feb M/M ... ( read original story ...)

April 28 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$24.9 billion in March, up 17.8 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from HKMA: 2017 2017 ... ( read original story ...)

HONG KONG, April 28 Private home prices in Hong Kong, one of the least affordable places in the world, hit a record high for the fifth month in a row in March, extending its year-long price surge, according to government data released on Friday. Cooling ... ( read original story ...)

Where U.S. interest rates go, Hong Kong’s follow. At least that’s the theory with the territory’s pegged currency system. It’s not always the case. There was a sharp divergence in rates in 2003, when Hong Kong’s economy was hit by the impact of ... ( read original story ...)

Famous for its shoe box apartments and microflats, Hong Kong's property market isn't known for being cheap, taking the crown on multiple occasions for being the most expensive globally. For those living in or considering a move to the city, an interactive ... ( read original story ...)

Almost half of property owners in Hong Kong hope housing prices will go down, according to a survey by the Democratic Party. In telephone interviews with 651 Hong Kong residents between March 15 and 30, it found 46 per cent of 254 respondents who owned at ... ( read original story ...)

Almost half of property owners in Hong Kong hope housing prices will go down, according to a survey by the Democratic Party. In telephone interviews with 651 Hong Kong residents between March 15 and 30, it found 46 per cent of 254 respondents who owned at ... ( read original story ...)

Expats and buyers from China who do not have permanent residency must pay stamp duty of 30 per cent when purchasing homes in Hong Kong, a measure the government rolled out in a bid to cool down the property sector, compared with stamp duty of 15 per cent ... ( read original story ...)

According to chief executive-elect Carrie Lam Cheng Yuet-ngor, “ it may not be feasible to suppress” property prices (“Efforts to curb high home prices fail, Lam admits”, April 2). She said “doing so further will have side effects”. She pledged ... ( read original story ...)

Hong Kong's government is tightening property rules for the second time since November as investors have snapped up multiple units in one shot to qualify for lower tax rates. The new rules, intended to prevent the purchasing of several properties in one ... ( read original story ...)

Hong Kong housing prices are close to their peak and economically “unsustainable,” said Cusson Leung, managing director at J.P. Morgan Chase & Co.’s Asia Pacific equity research unit. Price increases in the world’s most expensive home market have ... ( read original story ...)

Hong Kong housing prices are close to their peak and economically “unsustainable,” said Cusson Leung, managing director at J.P. Morgan Chase & Co.’s Asia Pacific equity research unit. Price increases in the world’s most expensive home market have ... ( read original story ...)

Hong Kong’s de facto central bank expressed concern about the riskiness of mortgages with high loan-to-value ratios issued by developers, as some analysts are warning that property prices in the city are unsustainable. “The accumulation of these high ... ( read original story ...)