Category: PROPERTY

Underlying profits, excluding valuation gains on property, rose 14% as booming home sales in Hong Kong outweighed weaker sales in mainland China. The developer recently revised up its full-year contracted sales target to HK$35 billion, after achieving its ... ( read original story ...)

Despite increases in interest rates, there won't be any bursting of a property bubble in Hong Kong, it said. It said it expects the US Federal Reserve to raise interest rates only once the rest of this year. It added it expects transactions in the first ... ( read original story ...)

The “Walkie Talkie”, a London skyscraper, was bought in July by Lee Kum Kee, a Hong Kong food company, for £1.3bn ($1.7bn), the most paid for a British building. The tumbling value of the pound in the wake of the Brexit vote has attracted bargain ... ( read original story ...)

CapitaLand stock was down 0.53 percent by 3:33 p.m. HK/SIN. Hong Kong's CK Hutchison and Cheung Kong Property Holdings were also among the Asian companies reporting results Thursday. In foreign exchange, the U.S. currency strengthened slightly after ... ( read original story ...)

The Guangdong-based integrated property developer had recently announced its intent for an India foray recently. Mo Bin, Country Garden's president and executive director had told media in Hong Kong in January that the company is keen to clinch its first ... ( read original story ...)

The other top five countries for expat enquiries included the USA, Hong Kong, Singapore and Switzerland ... difficulties many British expats faced securing loans on investment property in England and Wales. ( read original story ...)

In spite of gloomy predictions about the economic impact of Brexit, the UK's real estate market was the most active in Europe during the first quarter of 2017. A new report from global real estate services firm JLL reveals that UK was the world's most ... ( read original story ...)

News of the Santa Barbara earthquake, and the Californian’s premature near-demolition, arrived in Hong Kong within a couple of days ... in the Spanish Colonial Revival style – the first luxury property in Santa Barbara’s arty and tourist-friendly ... ( read original story ...)

KUALA LUMPUR: Hong Kong-listed Co-Prosperity Holdings Ltd is increasing its shareholding in tourism and cultural property developer Yong Tai Bhd (YTB) via a private placement exercise. YTB told Bursa Malaysia that Co-Prosperity’s wholly-owned subsidiary ... ( read original story ...)

CapitaLand stock was down 0.8 percent. Hong Kong's CK Hutchison and Cheung Kong Property Holdings were also among the Asian companies reporting results Thursday. In foreign exchange, the U.S. currency strengthened slightly after hitting 15-month lows ... ( read original story ...)

Of course property developers in Hong Kong would not be pleased at such a policy. Pushing out unpopular policies to improve Hongkongers’ lives would require vision, conviction and planned execution. ( read original story ...)

Indeed, the Government announced an eighth round of mortgage tightening measures in May to help restrain soaring value but the lack of supply means demand is not lessening. Hong Kong’s new leader, Carrie Lam, who took over at the beginning of July has ... ( read original story ...)

Its up 3.11% from 2.61M shares previously. The Hong Kong-based Point72 Asia (Hong Kong) Ltd has invested 0.08% in PennyMac Mortgage Investment Trust (NYSE:PMT). It is 0.00% or $0 reaching $18.51 per share. It is down 18.22% since July 31, 2016 and is ... ( read original story ...)

Earlier this year Hong Kong ranked as the world’s least affordable city to ... She noted that the average monthly mortgage payment for a 485 sq ft flat would take up 66 per cent of the median monthly private household income, according to figures from ... ( read original story ...)