Famous for its shoe box apartments and microflats, Hong Kong's property market isn't known for being cheap, taking the crown on multiple occasions for being the most expensive globally. For those living in or considering a move to the city, an interactive ... ( read original story ...)
Even Hong Kong property owners want to see housing prices drop
Almost half of property owners in Hong Kong hope housing prices will go down, according to a survey by the Democratic Party. In telephone interviews with 651 Hong Kong residents between March 15 and 30, it found 46 per cent of 254 respondents who owned at ... ( read original story ...)
Hong Kong property owners want to see housing prices drop
Almost half of property owners in Hong Kong hope housing prices will go down, according to a survey by the Democratic Party. In telephone interviews with 651 Hong Kong residents between March 15 and 30, it found 46 per cent of 254 respondents who owned at ... ( read original story ...)
To buy or rent in Hong Kong? Tipping point guide to 93 neighbourhoods shows the way
Expats and buyers from China who do not have permanent residency must pay stamp duty of 30 per cent when purchasing homes in Hong Kong, a measure the government rolled out in a bid to cool down the property sector, compared with stamp duty of 15 per cent ... ( read original story ...)
Protect Hong Kong residents with dedicated property market
According to chief executive-elect Carrie Lam Cheng Yuet-ngor, “ it may not be feasible to suppress” property prices (“Efforts to curb high home prices fail, Lam admits”, April 2). She said “doing so further will have side effects”. She pledged ... ( read original story ...)
Hong Kong closes off tax loophole for property investors
Hong Kong's government is tightening property rules for the second time since November as investors have snapped up multiple units in one shot to qualify for lower tax rates. The new rules, intended to prevent the purchasing of several properties in one ... ( read original story ...)
Hong Kong Property Prices Are Near Their Peak: JPMorgan
Hong Kong housing prices are close to their peak and economically “unsustainable,” said Cusson Leung, managing director at J.P. Morgan Chase & Co.’s Asia Pacific equity research unit. Price increases in the world’s most expensive home market have ... ( read original story ...)
Hong Kong Property Prices Are Near Their Peak: J.P. Morgan
Hong Kong housing prices are close to their peak and economically “unsustainable,” said Cusson Leung, managing director at J.P. Morgan Chase & Co.’s Asia Pacific equity research unit. Price increases in the world’s most expensive home market have ... ( read original story ...)
Hong Kong Concerned About Risks From Developer Mortgages
Hong Kong’s de facto central bank expressed concern about the riskiness of mortgages with high loan-to-value ratios issued by developers, as some analysts are warning that property prices in the city are unsustainable. “The accumulation of these high ... ( read original story ...)
Hong Kong Concerned About Some Property Developer Mortgage Risks
Hong Kong’s de facto central bank expressed concern about the riskiness of mortgages with high loan-to-value ratios issued by the territory’s property developers, and said it may ask banks to take additional steps to manage their exposure to the sector. ( read original story ...)
Hong Kong Buyer Pays a Top Price for Manhattan Apartment
The latest sale, an 8,055 square foot full-floor condominium unit on the 83rd floor of the skyscraper, closed last week for $65.2 million. A Hong Kong address in mortgage documents... ( read original story ...)
Average US 30-year mortgage rate falls to 4.10 percent
Mortgage rates fell to the lowest levels in almost three months ... South Korea thrash India 10-0 in women's AFC Asian Cup qualifier On the same day, DPRK women footballers defeated Hong Kong of China 5-0 under rainfalls, wind and chilly temperature. ( read original story ...)
Fitch: Chinese Banks' Profitability Is Likely to Decline Further
We expect mortgage loans will remain the key loan growth driver in ... Contact: Grace Wu Senior Director +852 2263 9919 Fitch (Hong Kong) Limited 19/F Man Yee Building 68 Des Voeux Road Central, Hong Kong Jaclyn Wang Associate Director +86 21 5097 3189 ... ( read original story ...)
Jinhui Shipping sells final handysize
The 38,462 dwt dry bulker was built in 2012 at Naikai Zosen and is registered in Hong Kong. Jinhui will use approximately 75% of the net sale proceeds received pursuant to the agreement for the repayment of vessel mortgage loan and the remaining portion of ... ( read original story ...)