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Category: PROPERTY

Posted on 24/02/2023

January price index of Hong Kong’s lived-in homes marks surprise uptick as influx of investors rekindles transactions

The index of second-hand homes rose 2 points, or by 0.6 per cent, to 336.1 in January, according to the Rating and Valuation Department The unexpected rise was the benchmark's biggest monthly increase ...

Posted on 24/02/2023

Commentary: Hong Kong property – when a penthouse is next to public housing

Hong Kong may be one of the world's most expensive cities, but plans to build more affordable homes have drawn howls of protests from some of its wealthiest residents, says Bloomberg Opinion's Shuli ...

Posted on 23/02/2023

Unfazed By A Weak Market, Hong Kong Property Tycoon Lee Shau Kee’s Henderson Land Bets On Future Growth

Lee is pressing ahead with new projects such as a $14.5 billion landmark waterfront development in the Central district.

Posted on 23/02/2023

Vincent Lo Plays Long Game With His Shui On Group, Making Big Bets In Shanghai Property As He Prepares Daughter Stephanie As Successor

The Hong Kong billionaire developer sees silver lining in mainland China’s property market turmoil, readies master plan to hand over group to next generation.

Posted on 22/02/2023

Budget 2023-24: Hong Kong records lowest land sale revenue since 2016, prompting conservative projection for coming financial year

Government estimates it will generate HK$85 billion from land premium income, including sales of 18 sites in coming financial year.

Posted on 22/02/2023

Budget 2023-24: Hong Kong revamps investment scheme for residency – but amount needed will be ‘multiples’ of old HK$10 million threshold

Capital Investment Entrant Scheme will exclude property deals, Financial Secretary Paul Chan says Treasury chief Christopher Hui says officials will consider which asset types are allowed under the ...

Posted on 22/02/2023

Hong Kong gives first-home buyers a leg-up with ‘adjustment’ to decade-old stamp duty

Hong Kong’s government will adjust a decade-old stamp duty on mass-market homes to help the city’s first-home buyers get on the property ladder, as it looks to make housing more affordable in the ...

Posted on 22/02/2023

Hong Kong gives first-home buyers a leg-up with trims to ad valorem stamp duty

Hong Kong’s government will adjust a decade-old stamp duty on mass-market homes to help the city’s first-home buyers get on the property ladder, as it looks to make housing more affordable in the ...

Posted on 22/02/2023

Hong Kong gives first-home buyers a leg-up with ‘adjustment’ to decade-old duty

Adjustments aimed at 'easing the burden on ordinary families of purchasing their first residential properties', Paul Chan says Measure effective immediately, will benefit 37,000 buyers and cost the ...

Posted on 22/02/2023

Hong Kong banks hit by China property exposure

Hong Kong-listed banks have reported an increase in expected losses linked to their exposure to the ailing property sector in mainland China, despite a brighter overall earnings picture. HSBC Holdings ...

Posted on 21/02/2023

Sino Land set to launch some 2,100 flats this year as it turns ‘cautiously optimistic’ on Hong Kong’s property market

Sino Land, which posted a 36 per cent decline in half-year profit, plans to launch nearly 2,100 flats, including about 640 in Lohas Park this year Efforts to attract global talent, a tapering of the ...

Posted on 21/02/2023

Chinese cities cut mortgage rates for first-time buyers to lowest since 2019 in bid to revive property market

The average rate for a first home in 103 mainland Chinese cities fell to 4.04 per cent in February, the lowest level since 2019, according to the Beike Research Institute.

Posted on 20/02/2023

Hong Kong Property Slump Leading Hong Kong Investors To UK Property

UK property is becoming incredibly popular for Hong Kong residents and investors in the face of a difficult domestic market. The number ...

Posted on 20/02/2023

Hong Kong’s finances drained by COVID bills, slumping real estate

Hong Kong's once-swollen war chest is being drained to levels not seen in years as huge COVID bills and the cost of propping up a pandemic-hit economy challenge its fiscal fitness, economists say. The ...

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