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 ...)
Shanghai property developer Future Land eyes co-living opportunities in Hong Kong
Shanghai-based Future Land Development has set its sights on Hong Kong’s co-living spaces. The Chinese developer, which builds homes in 40 cities across the mainland, said on Wednesday it has invested around HK$500-HK$600 million this year in two ... ( read original story ...)
UPDATE 1-Hong Kong’s CK Asset to sell office tower for record $5.15 bln
HONG KONG, Nov 2 (Reuters) - CK Asset Holdings Ltd , owned by Hong Kong’s richest man Li Ka-shing, is selling its 73-storey office tower to C.H.M.T. Peaceful Development Asia Property Ltd for HK$40.2 billion ($5.15 billion), the city’s biggest property ... ( read original story ...)
Hong Kong building sells for record $5bn as property boom continues
A landmark skyscraper owned by Hong Kong’s richest man Li Ka-shing has sold for a record price of more than $5bn (£3.8bn), his company has confirmed, 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 $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 ...)
A four-bedroom house for Rs 955 crore? Hong Kong property seller just sold a unit
A four bedroom house in Hong Kong has been sold for a whopping Rs 955 crore (HKD 1.16 billion). The 9,178 square foot home is in the exclusive Peak neighbourhood with an unobstructed view of Hong Kong and Victoria Harbour. The house boasts a swimming pool ... ( 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 ...)
Yougawalla Pastoral Company sells Kimberley cattle stations to Hong Kong billionaire
Mr Hui is the founder of Hong Kong property developer Shimao Group, with projects in Asia and Australia. And now one of China's biggest property developers has expanded his interests in the Kimberley cattle industry. The deal covers 800 hectares of land ... ( read original story ...)
A tale of two cities: how home prices affect Hong Kong and Shanghai’s competitiveness
As Shanghai and Hong Kong battle for supremacy on the economic and financial fronts, property prices in the two cities could potentially become the game changer. According to a study jointly conducted by the United Nations and the Chinese Academy of Social ... ( read original story ...)