Liquidity remains a concern for embattled Chinese property developers, which are struggling to emerge from a debt crackdown that started two years ago.
Hong Kong relaxes mortgage rules for the first time since 2009 to make homes more affordable for first-time buyers and upgrades
The government would consider ‘marginally relaxing’ the loan-to-value ratio, to strike a ‘balance [between] financial stability and the interest of first-time homebuyers’, Paul Chan said two weeks ago ...
DBS Reported to Ramp up H-based Mortgage Cap Rate to 5.875%, Bringing Actual Mortgage Rate to Highest in Over 2 Decades
DBS Hong Kong will raise the cap rate for new HIBOR-based mortgage plans exponentially from 3.375% in June to 5.875%, which would be equal to the HKD prime rate and bring the actual mortgage interest ...
Chinese property giant Country Garden sinks in renewed storm
By Ankur Banerjee, Clare Jim and Marc Jones SINGAPORE/HONG KONG/LONDON (Reuters) -China's property sector crisis escalated again on Friday as a sharp fall ...
It’s time Hong Kong landlords woke up from their illusions
Readers discuss the likelihood of a property market correction, and how hard it is for a non-local to rent a flat Feel strongly about these letters, or any other aspects of the news? Share your views ...
Hong Kong mortgage relaxation yet to lift secondary market out of interest rate hike gloom
Hong Kong’s first mortgage policy relaxation in 14 years has yet to bring cheer to the city’s secondary housing market in the 10 days since its introduction.
China’s property woes offer a window into the demise of the country’s boom times
Calls for government stimulus measures have thus far only resulted in modest assistance to the beleaguered sector.
Dubai’s luxury home prices rise the most, Hong Kong still the most expensive prime residential market, Savills says
Dubai’s luxury property prices rose the most among 30 cities in the first half of 2023, according to the latest study by Savills, and Hong Kong still has the world’s most expensive prime residential ...
Lukewarm home sales in Hong Kong signal caution among buyers as looming US Fed hike weighs on sentiment
A third of units at a Yuen Long project and half of units in Wong Chuk Hang sold on Saturday as buyers wait to see if the Fed hikes rates again this month.
CK Asset’s Luxury Home Sale Falls Through After Buyer Walks Away From $2.7 Billion Deal
CK Asset Holdings, the flagship property company of Hong Kong’s richest person Li Ka-shing, said on Thursday it had terminated a HK$20.8 billion ($2.7 billion) sale of a luxury residential project to ...
Hong Kong mortgage moves call for prudent approach
Under the revised mortgage rules, homes of up to HK$15 million (US$1.9 ... Officials must monitor the market closely. Hong Kong relaxes loan rules to improve affordability and upgrades About half of ...
Correcting and Replacing: Jardine Matheson and Hongkong Land celebrate 50 years of Jardine House
Hong Kong's first skyscraper continues to innovate and attract world-class tenants Building at the forefront of the development of modern Central. Hongkong Land invests up to US$100 million annually ...
Hong Kong Investment Property Transactions Drop to 19-Year Low
Hong Kong saw sales of commercial real estate and residential buildings fall to a 19-year low in the second quarter as high interest rates took a toll on investment property transactions.
Hong Kong’s home prices to decline further amid high mortgage rates, glut of new units, lack of mainland buyers: JLL
Hong Kong’s floundering residential property market has not yet bottomed out, and the road to recovery will be long and difficult given headwinds including high interest rates, a glut of unsold new ...