Category: PROPERTY

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 ...)

The fact that people may still paying off a mortgage when they retire is not "an ideal situation ... out an actual start date was a key move forward. MORNING BRIEFS - Hong Kong's debt has been downgraded by Standard and Poor's a day after its ratings ... ( read original story ...)

Lower bond yields mean banks have to charge lower interest rates on long-term loans like mortgages. Several health care companies ... the S&P downgraded the credit rating for China and Hong Kong. Japan’s benchmark Nikkei 225 slipped 0.3%, while South ... ( read original story ...)

A Hong Kong woman is suing her her ex-boyfriend ... to act for the Plaintiff as an agent in purchasing the property which included obtaining the mortgage, and thereby is on title and holds the property on a constructive trust for the Plaintiff in ... ( read original story ...)

Recent market studies have shown a rapid increase in non-bank mortgage lending as home prices continued to surge. The Hong Kong Monetary Authority, the city's de facto central bank, has issued some warnings about the high cost of non-bank loans but has yet ... ( read original story ...)

But Wu, who lives in Hong Kong, didn’t want to pay B.C.’s 15 per cent foreign buyers tax, court documents said. Chu is from Richmond, and Wu claims he helped her buy a home in the city by putting the land title and mortgage under his name. Online real ... ( read original story ...)

But Wu, who lives in Hong Kong, didn’t want to pay B.C.’s 15 per cent foreign buyers tax, court documents said. Chu is from Richmond, and Wu claims he helped her buy a home in the city by putting the land title and mortgage under his name. Online real ... ( read original story ...)

HONG KONG, Sept 21 (Reuters) - Hong Kong’s de facto central bank ... The Federal Reserve announced it would begin in October to trim its massive holding of U.S. Treasury bonds and mortgage-backed securities acquired in the years after the 2008 financial ... ( read original story ...)

Outstanding individual ­mortgage loans rose 30.8 per cent at the end of June ... David Ng, Macquarie’s head of China&Hong Kong research, said he was not surprised buyers had been using consumer loans in an effort to bypass the restrictions, with ... ( read original story ...)

Sept 19 (Reuters) - Hong Kong stocks dipped on Tuesday as traders awaited the ... and announce plans to begin unwinding its $4.2 trillion portfolio of Treasuries and mortgage-backed securities. China Investment Securities (HK) said it expects the Fed ... ( read original story ...)

SHANGHAI: China and Hong Kong stocks dipped on Tuesday morning ... and announce plans to begin unwinding its $4.2 trillion portfolio of Treasuries and mortgage-backed securities. China Investment Securities (HK) said it expects the Fed to "reduce its ... ( read original story ...)