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Category: PROPERTY

Posted on 07/04/2024

Hong Kong fast-tracks building of intellectual property trading center

Hong Kong will roll out a slew of measures including tax relief to shore up the region intellectual property trade Financial Secretary of the Hong Ko ...

Posted on 07/04/2024

Value of residential mortgage lending in Hong Kong 2016-2023

Value of residential mortgage lending from authorized banking institutions in Hong Kong from 2016 to 2023 (in trillion Hong Kong dollars) Characteristic Mortgage loan value in trillion Hong Kong ...

Posted on 06/04/2024

CK Asset’s Blue Coast flats are 65 times oversold as buyers snap up discounts in Hong Kong’s biggest home launch this year

The launch of Blue Coast marks the biggest residential offering since the city government removed property curbs and relaxed its mortgage policies in February.

Posted on 05/04/2024

‘I feel guilty for leaving my wife alone’:Truong My Lan’s Hong Kong tycoon husband

Hong Kong property tycoon Eric Chu has told the court he felt guilty about letting his wife Truong My Lan do business by herself and pleaded with it not to sentence her to death. In his final ...

Posted on 04/04/2024

Hong Kong sees 57.2 per cent jump in property sales in March

Property sales in Hong Kong rose 57.2 per cent in March from the previous month, a clear sign that the market was largely buoyed by the government's lifting of all property cooling measures in its ...

Posted on 03/04/2024

Hong Kong’s new home sales hit 11-year high after removal of property curbs

HONG KONG - Hong Kong’s new home transactions hit an 11-year high in March, an encouraging sign for the beaten-down property market after the government lifted cooling measures. There were about 4,170 ...

Posted on 03/04/2024

380 households at Hong Kong public rental estates own private flats, official check finds

Housing Authority reveals figures as part of audit of 88,000 tenants carried out in October and November last year It also orders another 250,000 households to declare whether they own any local ...

Posted on 02/04/2024

Hong Kong New Home Sales Hit 11-Year High After Property Curbs Removed

Hong Kong’s new home transactions hit an 11-year high in March, an encouraging sign for the beaten-down property market after the government lifted cooling measures.There were about 4,170 sales in the ...

Posted on 02/04/2024

Country Garden shares suspended from Hong Kong stock exchange

China’s largest property developer, Country Garden, on Monday said it had opted to suspend trading of its shares on the Hong Kong stock exchange after delaying publication of its 2023 results as it ...

Posted on 02/04/2024

Hong Kong Developer Lands $185M Loan For Midtown Condo Project

An affiliate of Hong Kong-based developer Hopson Development Holdings landed the new debt from private equity lender Kriss Capital, which is headquartered in Chelsea. Kriss Capital founder Jody Kriss ...

Posted on 01/04/2024

Hong Kong welcomes more than 11 million visitors in first quarter, more than double last year’s figure

Financial secretary says business confidence hurt amid changed spending habits, pledges to provide more help for small and medium-sized firms.

Posted on 31/03/2024

Hong Kong welcomes more than 11 million visitors in first quarter, finance chief Paul Chan says, more than double last year’s figures

Financial Secretary Paul Chan says business confidence hurt amid changed spending habits, pledges to provide more help for small and medium-sized firms More than 450,000 residents left city on ...

Posted on 30/03/2024

mReferral: HSBC Unchanged Best Lending Rate Relatively Positive for Home Mortgage Mkt; US Expected to Start 1st Rate Cut in 2H24 at Earliest

The US Fed announced that the base rate would be kept unchanged at 5.25-5.5% for the 5th consecutive time, in line with the market's expectation, while the Fed's latest bitmap sti ...

Posted on 29/03/2024

Troubled Chinese property giant Country Garden delays earnings

Country Garden, once China’s largest property developer, is reeling under about $194 billion worth of debt. It defaulted on its US dollar debt last year. Last month, it received a liquidation petition ...

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