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Category: PROPERTY

Posted on 13/03/2024

Hong Kong’s mortgage demand rose 36.8% in January

Loans for brand new and resale residential properties registered double-digit increases. The number of residential mortgage applications in Hong Kong rose by 36.8% in January compared to the previous ...

Posted on 13/03/2024

Truong My Lan’s Hong Kong tycoon husband ‘unintentionally’ committed crime

Hong Kong property tycoon Eric Chu said he never knew that letting his wife Truong My Lan use a building as collateral would put him in the dock.

Posted on 12/03/2024

China scrambles to prevent another big property developer going bust

Chinese banks are reportedly scrambling to bail out one of the country’s biggest property developers after its credit rating was downgraded to “junk” status by Moody’s on Monday.

Posted on 12/03/2024

Wharf sees more struggles ahead in Hong Kong, mainland China after reporting weak property sales, profit in 2023

China faces considerable domestic challenges, from a sluggish property market to weak consumer sentiment, Wharf says. After a poor result in 2023, more time is needed to revive the property markets, ...

Posted on 12/03/2024

Hong Kong property: all eyes are on CK Asset’s Blue Coast project for ‘direction’ on housing prices

All eyes are on CK Asset Holdings, the property flagship of Hong Kong billionaire Li Ka-shing, which is likely to launch Blue Coast, its new project in Wong Chuk Hang, this month, analysts said. The ...

Posted on 12/03/2024

End of curbs must not lead to return of Hong Kong property speculation

Hong Kong property prices are among the highest in the world, and this remains the case despite a decade of highly successful controls that included capping loans to deter speculators and levying a ...

Posted on 11/03/2024

Hong Kong SAR removes property restrictions, sparks a surge in mainland buyer visits

VCG. The Hong Kong Special Administrative Region (HKSAR) has scrapped all property-related demand-side curbs, sparking a surge in market activity -- i ...

Posted on 11/03/2024

Hong Kong’s removal of property cooling measures will widen wealth gap

Readers question the rationale behind the removal of stamp duties intended to cool the property market, and point to the benefits of the measure Feel strongly about these letters, or any other ...

Posted on 11/03/2024

Ending cooling measures no game changer for Hong Kong property market

The end of more than a decade of cooling measures for Hong Kong's property market is welcome and has sparked a surge in new home sales These changes must be put in proper context, though, as several ...

Posted on 11/03/2024

‘Unfair’: property tycoon hits out at ‘Hong Kong is over’ criticism, says every market has its cycles

A property tycoon has joined the fray to rebuff criticism that “Hong Kong is over”, arguing it is unfair to judge a stock market’s performance on recent lows and that housing transactions may surge 30 ...

Posted on 09/03/2024

Why Hong Kong’s property slump may be best time to focus on public housing

With one in two Hongkongers locked out of the property market despite falling prices, it's time to move towards the Singapore model of providing public housing for more people, not only the poor We ...

Posted on 07/03/2024

Hong Kong property: Homebuyers flock to second flat sale at Henderson Land’s Belgravia Place

Homebuyers flocked to a second round of sales at Henderson Land Development’s Belgravia Place project on Thursday amid expectations that first-hand sales are likely to hit a 40-month high in March.

Posted on 07/03/2024

Hong Kong Monetary Authority asks banks to exercise caution when offering property loans for speculative ‘confirmor sales’

HKMA expects banks 'to put in place effective risk-management policy, procedures and controls to manage the additional risks associated with such transactions', according to email seen by the Post But ...

Posted on 06/03/2024

Sun Hung Kai Properties in pole position to benefit from Hong Kong’s property easing measures, analysts say

Developer's HK$23 billion (US$2.9 billion) sales target for financial year 2024 is 'conservative', could exceed HK$30 billion or go even higher: CGS-CIMB Securities 'SHKP should be among the prime ...

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