Hong Kong, Japanese stocks drive Asian shares up

Japanese and Hong Kong share markets led Asian stocks higher on Wednesday ... Growth in China, the world's no. 2 economy, has held up remarkably well this year despite curbs on the property market and risky forms of lending, thanks to a construction ... ( read original story ...)

A Hong Kong penthouse just sold for over $13K psf

despite efforts from the government to cool down property prices, according to Bloomberg. The unit is 4,971 square feet and includes three parking spots and a private swimming pool. Prices for homes in Hong Kong hit record highs this year and climbed for ... ( read original story ...)

Hong Kong’s Aug drawndown mortgage loans fall 13.3 pct

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 ...)

Hong Kong private home prices climb to fresh highs in August

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 home prices have bottomed, Hong Kong ‘crazy.’

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 ...)

Hong Kong’s spectacular property price rises this year

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 ...)

More Hong Kong millennials into mortgage debt

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 ...)