While the real estate sector has been lobbying for a relaxation of market cooling measures, now is not the time for big policy changes When it comes to promoting home ownership and avoiding ...
Jocelyn Chia’s MH370 joke, China builds warship radar and Hong Kong’s work culture — SCMP’s 7 highlights of the week
From China building a new warship radar to a Singapore-born comic’s joke sparking fury, here are a few highlights from SCMP’s recent reporting.
China property liquidation risk heightened by delisting threat, says S&P
Some of China's distressed property developers face the risk of being delisted, which would reduce their options for restructuring and make them more vulnerable to liquidation, S&P Global Ratings said ...
Hong Kong police arrest former district councillor for collecting money from elderly victim of ‘guess-who-I-am’ scam
Wong Chun-yeung, 28, former Islands district councillor from the opposition camp, was arrested in Tseung Kwan O on Monday after an investigation found he had collected HK$300,000 from a 90-year-old ...
Hong Kong ends reign as world’s most expensive city for expats, Singapore gains 8 places amid soaring property prices, survey reveals
Hong Kong has lost its position as the world’s most expensive city for expatriates for the first time in four years due to lower accommodation costs, while Singapore has gained eight spots with its ...
Longfor leads surge in property developers as Hong Kong stocks hit 2-week high on China stimulus bets
Chinese developers led a rally in Hong Kong stocks as investors pushed the local market benchmark to a two-week high on speculation Beijing will inject stimulus to revive the ailing property market.
Hong Kong mall murders: 2 victims of brutal knife attack lived ‘just 300 metres’ from Abby Choi village house
Pair said to have shared space with a couple in three-storey property in village at which remains of model Choi were found in earlier case that shocked city.
Hong Kong property deals hit 4-month low in May due to fewer new launches and weak buyer sentiment
Ricacorp’s head of research says boost from border reopening has started to fade and market is in wait-and-see mode.
Hong Kong property deals hit 4-month low in May due to fewer new launches and weak buyer sentiment, says Ricacorp
The number of property deals fell 8 per cent to 5,268 last month, according to Ricacorp data Boost from border reopening has started to fade, property agency says Property transactions in Hong Kong ...
Hong Kong mortgage loans down 21.2% in April
The number of mortgage applications also dropped by 27.6% to 8,368 applications. Mortgage loans approved by Hong Kong lenders decreased 21.2% in April, as the number of applications also dwindled, ...
Singapore Is Now The Most Expensive Asia-Pacific City To Buy Or Rent Private Property
Singapore's private sector homes have surpassed Hong Kong SAR as the most expensive in the region with a median price of US$1.2 million.
ING closes $404.8m infrastructure securities for the Hong Kong Mortgage Corp
ING also acted as the sole finance adviser for the issuance's sustainable tranche. ING has closed the $404.8m inaugural infrastructure loan-backed securities (ILBS) issuance, named the Bauhinia ILBS 1 ...
HKMC completes first issuance of infra loan-backed securities
The Hong Kong Mortgage Corporation Limited (HKMC) on May 30 announced the successful completion of its first issuance of infrastructure loan-backed securities under its pilot scheme on infrastructure ...
Singapore surpasses Hong Kong as Asia-Pacific’s most expensive housing market in price and rent
Private residential property in Singapore has surpassed Hong Kong as the most expensive in the Asia-Pacific region in terms of absolute prices, according to a report by the Urban Land Institute (ULI).