Category: PROPERTY

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Hong Kong shouldered aside Tokyo to take the crown as the most active metropolitan investment market in Asia Pacific last year, with deals for income-producing assets jumping 39 percent year-on-year to $20.9 billion, according to a new report by Real ... ( read original story ...)

A Hong Kong buyer shelled out close to HK$400,000 for a down payment on a property in the UK but last July, two months before it was due to be completed, the site lay empty and deserted. In September, the buyer learned that the developer, sunken by debt ... ( read original story ...)

“The outlook for the jeweler sector in Hong Kong this year is positive against the backdrop of a recovering economy in mainland China ... and the booming stock and property markets that create a positive wealth effect,” the company said in a statement ... ( read original story ...)

Australia’s most exclusive houses near Sydney Harbour are being marketed to Hong Kong and Chinese investors from a whopping HK$66.13 million to a penthouse priced at HK$612 million. One Barangaroo, developed by Crown Resorts, is billed as Australia’s ... ( read original story ...)

Only those aged between 25 and 35, who were permanent residents and had never owned property in Hong Kong, were eligible for the scheme, called the NewGen First Home Program. Prices at the 27-storey tower ranged from HK$5.87 million (US$752, 500 ... ( read original story ...)

The Chinese mainland faces a bigger property bubble than Hong Kong, reflecting the mainland’s excessive construction, over-borrowing and misalignment of home prices and purchasing power, said Shih Wing-ching, founder of Centaline Property Agency. ( read original story ...)

“Peter, is there going to be another property crash in Hong Kong?” I get asked this question often. It’s understandable. Many people are worried the residential property market in Hong Kong is overheating. And it has certainly gone up. It saw a ... ( read original story ...)

Hong Kong Monetary Authority chief executive Norman Chan Tak-lam on Monday rejected calls by lawmakers to relax mortgage policies, and said the city’s property market was still too overheated for any such relaxation. The authority, Hong Kong’s de facto ... ( read original story ...)

Astra International, one of Indonesia's largest diversified conglomerates, announced it will develop a luxurious residential apartment complex, called Arumaya, in South Jakarta in cooperation with Hongkong Land, a Hong Kong-based multinational property ... ( read original story ...)

The redevelopment of Taikoo Place, which has been part of the Swire empire for 140 years, marks the property developer’s intention ... advisory & transaction services at CBRE Hong Kong. “Firms are investing more time and resources in selecting and ... ( read original story ...)

with the average cost per square foot of an apartment about HK$12,100 ($1,547.31), according to property agency Midland Realty. On the prime Hong Kong Island, the average cost is about HK$16,200 per square foot. High property costs have spurred political ... ( read original story ...)

Hong Kong housing starts fall by one third in 2017, but no supply shortage seen The government-owned Hong Kong Mortgage Corporation is considering insurance to help those who do not have enough money to pay 30 per cent as an initial down payment. ( read original story ...)

Hong Kong developer Hang Lung Properties, which owns the Fashion Walk shopping area in Causeway Bay and eight shopping centres in China, reported a 13 per cent fall in 2017 underlying profit, citing fewer property sales and a decline in rental income from ... ( read original story ...)