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Category: PROPERTY

Posted on 14/07/2023

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 ...

Posted on 14/07/2023

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 ...

Posted on 12/07/2023

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.

Posted on 12/07/2023

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 ...

Posted on 10/07/2023

Hong Kong Mortgage Easing Is Cold Comfort to Buyers With High Rates

Hong Kong’s relaxation of residential mortgage rules is likely to do little to spur demand from homebuyers who remain deterred by surging interest rates, according to analysts. Most Read from ...

Posted on 08/07/2023

In world’s most expensive property market, homes for the dead can cost more than for the living

Starting at $53,000 for a space not much larger than a shoebox, it is a pricey place to stay, even in a city famed for the world’s most expensive property market.

Posted on 07/07/2023

Hong Kong Relaxes Mortgage Rules to Support Property Sector

The Hong Kong government relaxed its residential mortgage rules for the first time since 2009 in a bid to boost the weakening property market. Most Read from BloombergMeta’s Threads App Draws Millions ...

Posted on 07/07/2023

Hong Kong home rents and leasing activity expected to rise in second half: Cushman

Hong Kong home rents are expected to continue rising in the second half of 2023 despite the volatility in home prices, Cushman and Wakefield said.

Posted on 07/07/2023

Cushman says Hong Kong home rents and leasing activity expected to rise in second half, even as analysts paint divergent picture for home prices

Hong Kong home rents are expected to continue rising in the second half of 2023 even as the volatility in home prices persists, Cushman and Wakefield said. The city’s housing market initially ...

Posted on 06/07/2023

Wheelock wins Kennedy Town tender at lowest price for Hong Kong Island since 2002

The government’s first land tender of the financial year has fetched the lowest price for Hong Kong Island since June 2002 and is more than 25 per cent lower than prices seen in November.

Posted on 05/07/2023

Hong Kong property market deal flow seen slowing further after transaction volumes fall to a five-month low in June

The number of property transactions in Hong Kong struck a five month low of 4,770 in June, down 10 per cent from May, according to real estate agency Ricacorp Properties That trend is unlikely to ...

Posted on 05/07/2023

Hong Kong buildings authority under fire over second case in 3 days of falling concrete from block

Secretary for Development Bernadette Linn orders head of Buildings Department to look into blocks in city that have not undergone integrity checks after warning.

Posted on 04/07/2023

Hong Kong property market deal flow seen slowing further in July as warnings about higher interest rates curb demand

The number of property transactions in Hong Kong struck a five month low of 4,770 in June, down 10 per cent from May, according to real estate agency Ricacorp Properties That trend is unlikely to ...

Posted on 03/07/2023

China’s Shimao may add Hong Kong hotel to sweeten restructuring proposal

Shimao Property said on Monday (Jul 3) it may include its hotel in Hong Kong as a sweetener in its offshore debt restructuring, instead of selling the property. Shimao, the first major Chinese ...

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