ERE has been meeting with investors on the ground in Hong Kong for over five years and we now have an office ... Interest rate rises and mortgage constraints all frame stable but improving market conditions.The fundamental reason why returns are going ... ( read original story ...)
Markets eyeing outcome of Xi-Trump summit
But counterparts in Hong Kong which had already rallied faced selling pressure ... Perhaps people need to reserve more money to repay their mortgage loans every month as property prices keep rising. Retail sales growth was well below expectations in ... ( read original story ...)
Trump’s Made in America Slogan Doesn’t Fit Ivanka’s Clothing Line
The 56 shipments made since Nov. 8 hailed from Shanghai, Hong Kong and Singapore. NBC News traced 53 of the ... according to a 2012 prospectus for mortgage-backed securities that include a loan on the property. The lease, for more than 20,000 square ... ( read original story ...)
Fed and Trump Has Dollar in Trouble
In Hong Kong, the Hang Seng lost -0.4% ... The Australian Banking Regulator intends to make banks hold more capital against risky mortgage lending. In Europe, it’s been a relatively subdued session with overall market focus remaining on upcoming ... ( read original story ...)
Efforts to suppress Hong Kong property prices have failed, Carrie Lam says
Chief executive-elect Carrie Lam Cheng Yuet-ngor has admitted that efforts to suppress Hong Kong property prices have failed and pledged to tackle the issue with a “starter home” scheme once she assumes office. As home prices rose in Hong Kong for the ... ( read original story ...)
Hong Kong's drawndown mortgage loans in Feb fall 16 pct on month
March 31 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$21.1 billion in February, down 16 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from the authority ... ( read original story ...)
Wild sales show that Hong Kong property curbs aren’t working
Few bigger challenges loom for Hong Kong’s new Chief Executive Carrie Lam than bringing down real-estate prices in the city, the world’s least affordable. Increasing the supply of available land may take time, so she could start with removing property ... ( read original story ...)
Do You Have a Mortgage in Hong Kong? We’d Like to Hear From You
Do you have a mortgage in Hong Kong? Are you concerned about the uncertain economic outlook? How have volatile housing prices affected you, if at all, and what are you doing to prepare for rising interest rates? The New York Times wants to hear from Hong ... ( read original story ...)
Hong Kong property firms remain upbeat on market outlook
Hong Kong’s housing market will remain buoyant despite the sky-high prices and continue to attract capital inflow and enjoy strong local demand, say two of the city’s top property developers, after reporting better earnings on Tuesday. The city’s ... ( read original story ...)
Hong Kong's Richest Men Prove Resilient Against Property Curbs
Don’t bet against Hong Kong’s billionaire property tycoons, even if the city’s incoming chief executive takes a tough stance on reining in soaring home prices. After a short-lived dip as the city’s government ratcheted up real estate curbs in ... ( read original story ...)
Reasons Why Hong Kong Property Is So Expensive
Mar.16 -- Peter Churchouse, chairman at Portwood Capital, discusses Hong Kong's property market and why it will be an important issue in the upcoming election for a new chief executive. He speaks to Bloomberg's Rishaad Salamat and Haidi Lun on "Bloomberg ... ( read original story ...)
HSBC cuts mortgage loan rate
Hong Kong and Shanghai Banking Corp is cutting mortgage rates to another low of HIBOR plus 1.28 percent, despite the US interest rate hike.For mortgage loans above HK$10 million, the lender has reportedly reduced the rate from the previous H+1.3 percent ( read original story ...)
Hong Kong’s starter-home boom may soon be over
The Hong Kong government has unveiled eight rounds of counter-cyclical measures to curb home prices since 2009. The authorities have mainly targeted medium and large flats initially. For example, in August 2010, it cut the mortgage loan ratio from 70 ... ( read original story ...)
Poly to offer smallest units in Kai Tak, at just 228 sq ft
Hong Kong mortgage rates remain low despite the US deciding to raise interest rates. It will not negatively affect home-buying interest Virginia Kao, head of sales and marketing at Poly Property (Hong Kong) “Hong Kong mortgage rates remain low despite ... ( read original story ...)