Thanks to the US dollar currency peg, rates in Hong Kong should hold steady, too. That should bring some relief to long-suffering mortgage holders. Fed chief Jay Powell has described the US central ...
Hongkong Land’s Jardine House, iconic witness to 50 years of city’s development, celebrates milestone with exhibitions
Then known as Connaught Centre, the building was the tallest in Asia at 178.5 metres when it opened in 1973 but only held that record until 1974, according to Hongkong Land, the owner and operator of ...
Hong Kong property in double trouble after government rejects bids for Tung Chung site, deal flow in Oct at 7-year low
The Hong Kong government rejected all four tenders for a residential site, as they "did not meet the government's reserve price for the site" Hong Kong's property transaction volumes in October fell ...
Hong Kong student group alleges attempted forced entry of properties amid lawsuit over ownership
The Hong Kong Federation of Students (HKFS) has filed a police report after suspecting that a group of unknown men had tried to forcefully enter two of its properties. The alleged forced entry took ...
Hong Kong’s Negative-Equity Mortgages Triple to 11,100 Cases
The number of negative-equity mortgages in Hong Kong more than tripled in September, a sign of continued weakness in the city’s property market.
Hong Kong sentences four to 2 years in prison for praising knife attack on police officer
Four former Hong Kong student leaders were sentenced to two years in prison on Monday for inciting violence after earlier pleading guilty to praising the knife attack on a police officer in 2021 as ...
Hong Kong housing: John Lee vows not to ‘target’ property prices, acknowledges conflicting interests of current, potential homeowners
People who haven’t bought a home are certainly hoping prices will fall, but those who already own property, on the other hand, are hoping prices will stay put,’ he says.
Hong Kong’s property prices won’t pop any time soon. Here’s why
Hong Kong leader John Lee this week eased the city's decade-old residential property cooling measures — but will it be enough to boost market sentiment?
John Lee policy address 2023: record 410,000 new public flats in Hong Kong, shorter waiting time over next decade
Lee also announced measures to help Hongkongers from the lower-to-medium income group to buy second-hand subsidised homes by extending the mortgage default guarantee of subsidised flats from 30 to 50 ...
Hong Kong Cuts Stock, Housing Taxes to Revive Role as Hub
Hong Kong is slashing extra stamp duties for some homebuyers and reversing a pandemic-era increase in stock trade levies as officials seek to boost the beleaguered property sector and revive the ...
Hong Kong slashes property stamp duty for citizens and foreign residents
Hong Kong took the brakes off its property market Wednesday, easing key duties on purchases implemented over a decade ago to cool the territory's red-hot real estate prices and prioritize local ...
Hong Kong’s moribund luxury property market unlikely to be resuscitated by chief executive’s policy speech
Hong Kong Chief Executive John Lee Ka-chiu's policy speech is expected to unveil some rollback of the property cooling measures announced earlier The transaction volume for residential properties ...
Hong Kong’s John Lee upbeat on coming policy address, says 8,700 views from public consultation helped set priorities
Hong Kong leader John Lee Ka-chiu on Tuesday voiced confidence in his coming policy address, pointing out that the 8,700 views garnered in a public consultation process had helped him set priorities.
Hong Kong’s Property Market Unlikely to be Stirred by Cooling Measures Relaxation
As the Hong Kong skyline looms large over the South China Sea, the city's economic pulse throbs in tune with the rhythm of its property market. A market known for its fiery pace and volatility, the ...