Hong Kong’s government will relax the mortgage loan-to-value ratio amid a property slowdown, a move welcomed by the real estate sector. The city’s leader John Lee announced on Wednesday, during the ...
China pumps half a trillion dollars into beleaguered property sector. But that’s not enough
Chinese property shares tanked on Thursday, after measures announced by officials to bolster the flagging real estate market were deemed by investors and economists to be too piecemeal.
Hong Kong’s monetary authority eases mortgage lending restrictions to jump-start market
HKMA allows buyers to borrow up to 70% of a property’s value, with the aim of reviving the market where prices have declined by 6.2% in the year’s first eight months.
Hong Kong eases mortgage rules to address property slump
Hong Kong has introduced new measures to alleviate its prolonged property market slump by easing mortgage rules. The city will raise the loan-to-value (LTV) ratio for all residential properties to 70% ...
Hong Kong to Relax Mortgage Rules to Bolster Property Market
Hong Kong will relax its mortgage rules to allow lower downpayment for homebuyers amid a prolonged property slump in the city.
Hong Kong Stocks Surge Amid China’s Property Market Developments
Hong Kong shares rose on Wednesday as investors anticipated a government briefing about China's struggling property sector. The CSI300 Index and the Shanghai Composite Index showed mixed performance, ...
Make it easier for Hong Kong-based mainland Chinese talent to move money from China, pro-Beijing party urges
Authorities should lower the threshold for Hong Kong-based mainland Chinese talent to move their capital from mainland China to the city, a pro-Beijing party has urged as growing numbers of ...
Hong Kong Housing Market Benefits from Mainland China Policy Stimulus
Recent rate cuts and rising stock prices offer positive news for Hong Kong's property market. However, the weak economy and cautious pricing from developers persist.
Hong Kong property tycoon Peter Lee champions clean energy investments to support charities
The Towngas chairman and devout Buddhist hopes to create a more sustainable future through his family office investments Hong Kong business magnate Peter Lee Ka-kit believes climate change is the ...
Grand Homm in Ho Man Tin Reportedly Hits Snag in Re-launch, as Major Banks Not Willing to Provide Mortgage Services
HK01 cited rumor that some major banks in Hong Kong were cautious about the re-launched new property Grand Homm in Ho Man Tin and were not willing to provide mortgage services to b... HK01 cited rumor ...
Hong Kong Developer’s Kai Tak Project Sold Out for Second Week
Hong Kong’s biggest property developer sold all of its units put on sale at one of its projects over the weekend, as some buyers took advantage of lower borrowing costs and steep discounts.
Hong Kong Property Market Shows Recovery Signs After Rate Cuts
Hong Kong’s slumping housing market has received a long-awaited boost from interest-rate cuts and a stock market rally.
Hong Kong’s CK Asset prices Blue Coast II in Wong Chuk Hang at 20% below development cost
Li Ka-shing’s flagship developer has priced the first batch of flats at an average of HK$21,526 per square foot, below the HK$28,000 development cost.
Hong Kong housing market needs more rate cuts, wealth from stock gains to end slump
Lower financing costs and greater wealth effect from stock gains are needed to overcome another year of declines in home prices, analysts say.