Category: PROPERTY

Hong Kong Dollar, Kuwaiti Dinar and Singaporean Dollar. The mutual will take a limited amount of earned income into its affordability assessment. The rental income must cover the mortgage payments by a ratio of 125 per cent at a 5.5 per cent mortgage rate ... ( read original story ...)

Hong Kong’s property stocks are cheaper than Singapore’s, although not cheap enough to account for the risk that the world’s least affordable city could have a housing crash. That’s according to analysts and money managers from Nomura Holdings Inc ... ( read original story ...)

“The spin-off plan helps Wharf unlock value from its mature Hong Kong assets with strong cash flow,” said Raymond Cheng, a property analyst at CIMB Securities. “It’s good timing as Hong Kong’s luxury retail sales are rebounding.” Cheng added ... ( read original story ...)

Morgan Stanley said in a recent report that suppressed China’s overseas property investment, accounting for 6.3 per cent of outbound direct investment in 2016, would weigh on the pricing of commercial properties in Australia, Hong Kong, UK and the US. ( read original story ...)

Shanghai’s price controls over new homes are the toughest among all mainland Chinese cities, according to state-owned property developer China Jinmao ... Post during an interim results briefing in Hong Kong on Tuesday. The developer, a subsidiary of ... ( read original story ...)

Previously, the company designed the ANA Crowne Plaza Osaka, another IHG property. Originally built as The Regent Hong Kong in 1980, the hotel was re-branded to InterContinental Hong Kong in June 2001, and became the Asia-Pacific flagship property for IHG. ( read original story ...)

According to a new report by JLL, commercial property investors are allocating more capital ... After China, Asia's biggest spenders were Hong Kong ($4.9 billion), Singapore ($4.1 billion), South Korea ($1.9 billion) and Japan ($1.6 billion). ( read original story ...)

Mr Cheng is originally from Taiwan, and Ms Lam from Hong Kong. Mr Cheng told the Mercury News newspaper ... "The association was shocked. The property management firm was not aware of any sale or of any taxes owed," he said. "It is hard to understand ... ( read original story ...)

Meanwhile, several Hong Kong-listed property shares linked to a deal involving Dalian Wanda jumped in afternoon trade. That followed an announcement filed by Wanda Hotel Development to the Hong Kong Exchange refuting media reports it was disposing of ... ( read original story ...)

As we strengthen our footprint in Hong Kong and Thailand, our development pipeline is strong ... This will ultimately drive enhanced property valuation and returns to our co-investors and shareholders." ( read original story ...)

Chinese investment in U.S. property markets dropped 17% year-over-year to $4.7B ... Colliers noted growing opportunities for Asian investors to shift their spending to markets in China, Hong Kong, Singapore and India. Increased inflows of cash in the ... ( read original story ...)

Living in the world’s most-expensive property market means having to set aside more than half your income as mortgage payments. Hong Kong’s mortgage-payment-to-income ratio rose to 54.2 percent in June, the highest since 1998, figures from Centaline ... ( read original story ...)

The highest and winning bid was a record S$1.002 billion, lodged by a consortium of two Chinese developers, Logan Property and the Nanshan Group. The winning bid by Logan, which is listed in Hong Kong, was higher than the second bid made by Hong Kong’s ... ( read original story ...)

Hong Kong’s skyrocketing property prices are getting a lot of people hot under the collar. No less frustrating are the management fees, payable by either the landlord or the tenant. The amounts charged by some new housing projects can be so high that ... ( read original story ...)