Owners registered 47,917 mortgages on various properties in 2024, the least since Centaline Property began tracking the data in 2000.
Our 2025 picks: Hongkong Land — A property giant poised to stretch
While Hongkong Land (HKL) is known for its portfolio of prime commercial properties in Hong Kong, it is also active in mainland China and Singapore. Through its subsidiary MCL Land, it has a strong ...
New Hong Kong title deeds system should include existing owners: lawmakers
Hong Kong lawmakers have called for more options to be provided for existing land and property owners to join a new title deeds registration system proposed by the government, with a consultant ...
Property giant Country Garden up 25% as it resumes Hong Kong trading
Shares in Chinese property giant Country Garden soared more than 25 percent in Hong Kong on Tuesday, after the embattled firm resumed trading in the city following a nine-month suspension. The company ...
New Hong Kong land, property registry should include existing owners: lawmaker
Legislator Edward Lau proposes allowing land and property owners to voluntarily transfer their title deeds to the new system.
Hong Kong’s New World Development denies debt restructuring talks
Hong Kong property developer New World Development said on Monday it had not started any discussions with creditors regarding a proposal to restructure its existing debt. The embattled developer's ...
Country Garden expects to reach terms with creditors in February, lawyer tells court
Chinese property company Country Garden , which has defaulted on debt repayment obligations, expects to reach agreeable terms with creditors next month, the firm's lawyer told a Hong Kong court on ...
China Vanke CEO’s reported detention intensifies property sector woe
Concern over China's embattled property sector has deepened after state media reported the detention of China Vanke's chief executive and said authorities are overseeing operations, sending the ...
HSBC: New Measures by HKMA, PBOC to Help HK Mortgage Finance Mkt Flourish
The Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBOC) yesterday (13th) announced new measures to further deepen the Stock Connect between the financial markets of Hong Kong and ...
Home prices in Hong Kong edge up 0.07% in November 2024
Home prices in Hong Kong, one of the world's most unaffordable cities, have tumbled nearly 30% from their 2021 peak, hurt by higher mortgage rates, an outflow of professionals and a weak market ...
Hong Kong-Dollar peg makes less sense than ever
A rate divergence between the US and China erodes the city’s lure as a cheap place for companies to raise funds. It’s time to move on ...
Developer Sunac China gets liquidation petition, Hong Kong judiciary website shows
A liquidation petition has been filed against indebted property developer Sunac China , the Hong Kong judiciary's website showed late on Thursday.
Hong Kong’s November residential sales hit highest levels since April
Total sales from 6,298 transactions hit HK$57.3 billion in November. According to a Knight Frank report, thanks to interest rate cuts and relaxed mortgage rules announced in the Policy Address, Hong ...
UBS Expects HK Property Prices to Remain Flat This Yr w/ Grade A Office Rents Falling 3-5%
Unemployment Rate for Nov in Mexico is 2.6%, higher than the previous value of 2.5%. The forecast was 2.7%.