Category: PROPERTY

“Judging from Hong Kong’s history and property markets around the world ... He would not rule out another round of tightening measures on property mortgage loans, as he said there were no signs of a downward cycle in the market at the moment. ( read original story ...)

Sept 29 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$28.1 billion ($3.60 billion) in August, down 13.3 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. The following is the breakdown of data ... ( read original story ...)

The head of the city’s de facto central bank, the Hong Kong Monetary Authority, struck a note of caution against homebuyers piling into the market. “The risk of the property market overheating still exists,” Norman Chan, head of HKMA, told reporters. ( read original story ...)

HONG KONG, Sept 29 (Reuters) - Hong Kong’s private home prices climbed to a fresh peak in August, hitting highs for the 10th month in a row and extending gains to a 17th month, government data released on Friday showed. Prices of private domestic homes ... ( read original story ...)

Singapore property prices have declined for 15 quarters - the longest slide since data was first published in 1975 - as the government rolled out a series of curbs. Home values have dropped 12 per cent from their 2013 peak, while Hong Kong prices reached ... ( read original story ...)

In the U.S., low mortgage rates are also helping buyers afford more homes ... UBS researchers suggest that Hong Kong, London and San Francisco are "Superstars." High net worth investors will always flock to these cities, and as long as supply doesn ... ( read original story ...)

have added negative sentiment to Hong Kong’s equities and property markets, Lo added, on expectations that higher Hibor rates may mean more expensive mortgages. ( read original story ...)

Hong Kong's housing market is the second best performer in our global house price survey, with residential property prices surging by 19.27% during the year to Q2 2017. This was in sharp contrast with the y-o-y decline of 10.51% during the same period last ... ( read original story ...)

Millennials accounted for 32 percent of total new mortgages in Q2 2017, up from just 19 percent in 2013. With the city’s sky-high property prices, more of Hong Kong’s millennials are taking up mortgages to get on the property ladder, reported the South ... ( read original story ...)

Hong Kong’s millennials are becoming better represented in the home buying market, taking up one in three new mortgages this year, a new report shows. However, many agents say it is often their parents who are paying the huge deposits for the flats given ... ( read original story ...)

Hong Kong’s millennials are becoming better represented in the home buying market, taking up one in three new mortgages this year, a new report shows. However, many agents say it is often their parents who are paying the huge deposits for the flats given ... ( read original story ...)

Through the 1970s to 1990s, horse race betting was considered the intellectual and social high point in Hong Kong. Simple businesses like trading and property development didn’t require much innovation Through the 1970s to 1990s, horse race betting was ... ( read original story ...)

Foreign buyers will face tougher restrictions on purchasing British property under plans being worked up by the ... purchased off plan by particularly Far Eastern buyers – China, Hong Kong, Singapore, Malaysia," a Whitehall source said. ( read original story ...)

HONG KONG (S&P Global Ratings) Sept. 22, 2017--S&P Global Ratings Services said today it lowered its long-term issuer credit rating on Hong Kong Mortgage Corp. Ltd. (HKMC) to 'AA+' from 'AAA'. The outlook is stable. At the same time, we affirmed the 'A-1 ... ( read original story ...)