Hong Kong’s mortgage loans fall 1.7 pct in September

HONG KONG, Oct. 31 (Xinhua) -- Mortgage loans approved in September dropped 1.7 percent compared to the previous month to 29.5 billion HK dollars (3.78 billion U.S. dollars) in China's Hong Kong Special Administrative Region, the Hong Kong Monetary ... ( read original story ...)

Residential Mortgage Survey Results for September 2017

The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority announced the results of the residential mortgage survey for September 2017. The number of mortgage applications in September increased month-on-month ... ( read original story ...)

Hong Kong skyscraper sells for $5.2 billion

Li Ka-shing's CK Asset Holdings confirmed Wednesday that it had sold his interest in The Center, the fifth-tallest building in Hong Kong, for $5.2 billion. That's a record for a commercial property in Hong Kong. CK Asset Holdings said it expects to make a ... ( read original story ...)

Hong Kong skyscraper sold for record US$5.15b

Commercial and residential property prices in Hong Kong have been fuelled by an influx of money from wealthy mainland Chinese investors and developers. The surging property market has become a political issue as costs in one of the world’s most expensive ... ( read original story ...)

Hong Kong skyscraper deal induces acrophobia

HONG KONG, Nov 2 (Reuters Breakingviews) - A blockbuster Hong Kong property deal is enough to induce financial acrophobia. Tycoon Li Ka-shing is selling out of the city's fifth-tallest tower, The Center, for a lofty HK$40.2 billion, or $5.2 billion. ( read original story ...)

Hong Kong skyscraper sold for record $5.15 bn

A landmark skyscraper owned by Hong Kong's richest man Li Ka-shing has sold for a record price of more than $5 billion, the company confirmed Wednesday, indicating the city's booming property sector shows no sign of slowing down. The rumoured sale of The ... ( read original story ...)

Hong Kong skyscraper sells for a record $5.2 billion

Li Ka-shing's CK Asset Holdings confirmed Wednesday that it had sold his interest in The Center, the fifth-tallest building in Hong Kong, for $5.2 billion. That's a record for a commercial property in Hong Kong. CK Asset Holdings said it expects to make a ... ( read original story ...)

Opulent home on Hong Kong’s Peak sold for nearly $149 million

Hong Kong authorities have tried to implement a raft of measures to cool the city’s property prices but Chief Executive Carrie Lam has said the government has no “magic wands”. The former British colony is one of the world’s wealthiest cities with ... ( read original story ...)