Hong Kong’s biggest developer sold out all 191 units available by 5.30pm, suggesting that homebuyers have shrugged off rising mortgage loan costs, according to agents. “The market expects this to be ...
Hong Kong watchdog warns of potential conflict of interest between developers and management firms in private housing properties
The council study looked into the complicated legal regime governing Hong Kong's property management, a HK$55 billion market that affected about 1.6 million people living in privately owned ...
Hong Kong homeowners cutting prices drastically even as secondary property market continues to climb
Homeowners have cut the asking prices of 1,763 homes out of the 22,352 units listed for sale on Ricacorp Properties' website A homeowner at Casa Marina II in Tai Po sold the unit after reducing the ...
Hong Kong heir lists Malibu estate on Point Dume for $17.6M
The scion of a Hong Kong real estate empire has listed his 7,600-square-foot home on Malibu’s Point Dume for $17.6 million. Billionaire heir Damien Sabella has put his Spanish-style estate up for sale ...
China property: government likely to keep market support coming as April home sales tank, say analysts
The authorities are likely to keep rolling out incentives to support mainland China’s property sector as April’s home sales look set to tank, according to analysts.
Hong Kong tax revenue drops HK$18.3 billion to HK$360.2 billion in 2o22-23; decline in property and stock market activity blamed
Latest tax income figures reverse upwards trend seen over past few years Inland Revenue commissioner says property market 'not very active' and sluggishness hit tax take for year Hong Kong's tax ...
Hong Kong’s residential mortgage loans in red decreases to HK$34.4b
March, lower than the over 12,000 cases in 2022. The number of residential mortgage loans (RMLs) in negative equity in Hong Kong totalled 6,378 cases at end-March, according to a survey conducted by ...
Asia Stocks Rise on Hong Kong; Traders Wait on Fed: Markets Wrap
Asian stocks rose as trading resumed in most of the region’s markets following a holiday on Monday. Investors are weighing JPMorgan Chase & Co.’s purchase of First Republic Bank along with ...
Richard Li-Backed Venture Firm Flags Hong Kong Crypto Potential as US Clamps Down
CMCC Global, a venture capital company focused on blockchain technology, said the US digital-asset crackdown is opening up opportunities for Hong Kong as the city strives to become a crypto hub.Most ...
Is the worst over for Asia’s housing markets? Mixed signals mean it’s hard to tell
Whether one is a prospective first-time buyer, a homeowner, tenant or landlord, signs that Asia's housing markets are stabilising have become a Rorschach test If there is any consensus, it is that the ...
Hong Kong hotel property buying spree looms as investors bet on tourism rebound, analysts say
Investors are likely to snap up more hotels in Hong Kong as tourism slowly rebounds from Covid-19 and many owners are still prepared to offer discounts, say analysts.
Malaysia eyes easing MM2H visa rules to reignite investor interest from mainland China, Japan, Hong Kong
Malaysia is hoping to lure back Asia’s rich, after tweaks to its golden visa programme during the pandemic led to a plunge in applications.
Hong Kong hotel property buying spree looms as investors bet on tourism rebound, say analysts
Occupancy rates are gradually recovering and many hotel owners are still prepared to offer discounts Confidence in the sector is returning as visitor numbers improve, say industry observers Investors ...
What I Own: Calvin and Maria, who moved from Hong Kong to live in London’s Zone 4
I live at New Mill Quarter, a Barratt London development in Hackbridge in Zone 4. My home is a four-bedroom house. We’ve really enjoying living in the area – there’s so much green space and you also ...