Category: PROPERTY

If history is any guide,the long queues of property buyers at Hong Kong’s Tsuen Wan residential project last weekend could be the harbinger of a bubble in the world’s most expensive housing market. Hundreds of buyers packed into Cheung Kong Property ... ( read original story ...)

Fitch Ratings has upgraded Hong Kong-based Cheung Kong Property Holdings Limited's (CKP) Long-Term Foreign-Currency Issuer-Default Rating (IDR) to 'A' from 'A-'. The Outlook is Stable. A full list of rating actions is at the end of this commentary. ( read original story ...)

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Hong Kong Banks 2016 Report Card here HONG KONG, June 01 (Fitch) Fitch Ratings expects tighter regulations on property-related lending to have a material but ... ( read original story ...)

Everywhere I look, I see giant apartment buildings under construction. No, it's not Sydney or Melbourne but Hong Kong. On this 20th anniversary year of the British handover to China, it's more evidence of how much Hong Kong shrugged off the sense of ... ( read original story ...)

June 1 Hong Kong's benchmark stock index finished on Thursday at a 23-month high, bolstered by property shares as Chinese money flowed steadily into the city's market. The Hang Seng index ended up 0.6 percent at 25,809.22, while the China Enterprises Index ... ( read original story ...)

If you speak to any Hong Kong resident, the conversation will invariably be directed to the subject of property prices. That’s no surprise given that earlier this year, Hong Kong was crowned the world’s least affordable city by research organization ... ( read original story ...)

Snaking queues of thousands of prospective apartment buyers in Hong Kong signalled authorities have made no progress in cooling a red-hot property market, where prices are at records. People were lining up last Friday and over the weekend at Victoria Skye ... ( read original story ...)

Chinese Estates Holdings, controlled by Hong Kong property tycoon Joseph Lau Luen-hung’s wife Chan Hoi-wan, has become a big winner in China Evergrande Group’s share price surge, making a profit of more than HK$26 million (US$3.34 million) in just a ... ( read original story ...)

In terms of price per square foot, Henderson's purchase still held the record at about HK$50,000, compared to about HK$13,000 paid by Nan Fung at the Kai Tak site, said Denis Ma, research head at property consultancy JLL Hong Kong. "The price is a bit of a ... ( read original story ...)

May 31 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$21.2 billion ($2.72 billion) in April, down 15.0 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Wednesday. Following is the breakdown of data from ... ( read original story ...)

HONG KONG May 27 Some of Hong Kong's largest commercial banks in the mortgage loans market said they would raise interest rates following the latest round of mortgage tightening measures by the city's de facto central bank. Banks have to set aside more ... ( read original story ...)

HONG KONG May 27 Some of Hong Kong's largest commercial banks in the mortgage loans market said they would raise interest rates following the latest round of mortgage tightening measures by the city's de facto central bank. Banks have to set aside more ... ( read original story ...)

Hong Kong has announced the second set of mortgage-tightening measures in a week to cool a property market that has broken records, taking aim at borrowers with multiple loans and whose income sources come from outside the city in an attempt to reduce ... ( read original story ...)

HONG KONG Henderson Land Development (0012.HK) won a hotly contested auction on Tuesday, agreeing to pay a record HK$23.3 billion ($3 billion) for a commercial property site in the heart of Hong Kong's central business district currently being used as a ... ( read original story ...)