Category: PROPERTY

The Hong Kong Monetary Authority said yesterday that the Land Registry will start accepting applications in February for its e-alert service where banks will receive electronic notifications when homeowners take out a second mortgage.The authority said it ... ( read original story ...)

how close is the mortgage industry to actually adopting blockchain into its processes? In some places, it already has been. In October, Bank of China and HSBC began testing blockchain tech on a property valuation system for home loans in Hong Kong – one ... ( read original story ...)

After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China ... Reserve Chair Janet Yellen has a huge impact on Canadian mortgage rates. That's because mortgage lenders take their cue ... ( read original story ...)

HONG KONG/BEIJING, Jan 14 China's Dalian Wanda Group Co Ltd on Saturday said its revenue for 2016 dropped by 13.9 percent, even as operating income increased 3.4 percent, as a slowdown in the group's commercial property business impacted overall performance. ( read original story ...)

More than half of Hong Kong consumers still want human interaction – especially to deal with complaints (60 per cent) and advice about complex products such as mortgages (54 per cent in Hong Kong). So this is where the focus of getting humans to ... ( read original story ...)

The International Monetary Fund (IMF) has issued a warning on Hong Kong’s economic outlook, highlighting a shortage of housing, an overheating property market, an ageing population and an economic slowdown on the mainland. The report, released on Friday ... ( read original story ...)

With soaring home prices and shrinking unit sizes, it's not unfair to say that Hong Kong isn't a friendly place for prospective home-buyers. But the story is completely different for the territory's top real estate developers. The top 12 property moguls in ... ( read original story ...)

A local buyer has purchased a mansion overlooking Hong Kong’s exclusive Repulse Bay using a method allowing him to avoid property taxes. The house may have fetched about HK$670 million ($86 million), based on the average square-foot valuation of similar ... ( read original story ...)

Home-purchase confidence in Hong Kong took a nosedive of about 21 per cent last quarter as already sky-high property prices continued to rise despite a recent drastic increase in the punitive stamp duty. According to a poll of 1,007 participants by the ... ( read original story ...)

Hong Kong’s richest man Li Ka-shing expects property prices in the city will rise “a little bit” this year, even as the government takes steps to cool the world’s costliest real estate market. The government in November increased the stamp duty to ... ( read original story ...)

Hong Kong billionaire Li Ka-shing expects property prices in the city will rise “a little bit” this year, even as the government takes steps to cool the world’s costliest real estate market. The government in November increased the stamp duty to 15 ... ( read original story ...)

Hong Kong property set to become ‘buyer’s market’ in the first quarter Analysts said the results showed that Hongkongers were exercising more caution when it comes to purchasing properties despite the high demand for flats. “The interest and demand ... ( read original story ...)

Dec 30 New mortgage loans drawn down in Hong Kong totalled HK$26.5 billion ($3.42 billion) in November, up 14.6 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from the authority ... ( read original story ...)

While Hong Kong’s cage homes have often been a source of artistic ... according to the government survey. Now it seems the large property developers are getting in on the action. In 2016 alone, three high-profile projects have been launched. ( read original story ...)