Category: PROPERTY

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 ...)

The HKMA hopes that by cutting the amount of financing available to the homebuilder it will discourage the developers from offering generous mortgages to buyers – something seen by most observers as hindering efforts to deflate Hong Kong’s sizzling ... ( read original story ...)

HONG KONG May 12 Hong Kong on Friday imposed stricter restrictions on bank lending to developers, warning there was a need to review credit risks posed by property companies in one of the world's most expensive real estate markets. Home prices in Hong Kong ... ( read original story ...)

SINGAPORE Singapore's Overseas-Chinese Banking Corp (OCBC.SI) said on Thursday it will acquire National Australia Bank's (NAB.AX) private wealth business in Singapore and Hong Kong, increasing its mortgage portfolio by around 4 percent. The city-state's ... ( read original story ...)

HONG KONG A former senior Hong Kong official and a billionaire property tycoon arrived in court on Tuesday to appeal against a corruption charge more than two years after they were jailed in one of the city's most high profile corruption cases. Rafael Hui ... ( read original story ...)

In fact, the government has pledged to do so but has yet to succeed by some measure. For example, the “Hong Kong Property for Hong Kong People” scheme was aimed at helping Hong Kong permanent residents buy their own flat. However, as it turned out ... ( read original story ...)

HONG KONG: New mortgage loans drawn down in Hong Kong totalled HK$24.9 billion in March, up 17.8 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from HKMA: 2017 2017 March Feb M/M ... ( read original story ...)

April 28 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$24.9 billion in March, up 17.8 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from HKMA: 2017 2017 ... ( read original story ...)

HONG KONG, April 28 Private home prices in Hong Kong, one of the least affordable places in the world, hit a record high for the fifth month in a row in March, extending its year-long price surge, according to government data released on Friday. Cooling ... ( read original story ...)

Where U.S. interest rates go, Hong Kong’s follow. At least that’s the theory with the territory’s pegged currency system. It’s not always the case. There was a sharp divergence in rates in 2003, when Hong Kong’s economy was hit by the impact of ... ( read original story ...)