Loans stood at HK$25.6b during the month, the Monetary Authority reported. Residential mortgage loans approved in December declined by 9.4% in December to HK$25.6b, the Hong Kong Monetary Authority ...
Hong Kong’s negative equity mortgage cases surge to near 18-year high
Cases of negative equity in Hong Kong's residential mortgage loans jumped nearly 22-fold in the fourth quarter from the previous one, the city’s de facto central bank said, as home prices continued to ...
Hong Kong spends $4.4b on temporary homes to ease crisis, long waits
Hong Kong aims to cut the waiting for public housing to 4.5 years from 5.6 years with the initiative. Read more at straitstimes.com.
Hong Kong: property agents share top tips for expats on how to strike the best rental deals in city
Expats should be open-minded and willing to compromise, say agents, with property typically smaller than in other markets.
Recent Developments on Hong Kong Virtual Assets Regulations
On 31 October 2022, alongside the commencement of the Hong Kong FinTech Week, the Hong Kong government announced its renewed ambition to make Hong Kong a digital assets hub with the Financial Services ...
Landsec sells London office property to Hong Kong developer for $432 mln
UK landlord Land Securities said on Friday it sold One New Street Square office property in London to Hong Kong-based Chinachem Group for 349.5 million pounds ($432.12 million), in tune with its ...
Why Hong Kong remains as the green, green grass of home
As Britain's society and its economy sink fast, BN(O) passport holders may want to stay put rather than risk having their lives turned upside down Many Hong Kong people thought their city was going ...
Hong Kong home prices fell 15.6 per cent in 2022, ending 13-year winning streak
Home prices in Hong Kong fell by the most in 24 years in 2022, but the housing market is likely to stabilise this year amid improving stock market and economic sentiment, according to analysts.
Is Hong Kong’s Real Estate Market A Total Write-Off?
Will 2023 see Hong Kong regain its shine as a thriving property market it once was? This article was contributed to us by RealVantage. RealVantage is a leading property fintech firm in Southeast Asia ...
Hong Kong property investment activity to bounce back in 2023 as investors hunt for bargains, analysts say
Hong Kong ranks fifth among the top target cities for cross-border investment this year, returning to the top five after a four-year absence, CBRE says Mainland investors and Singaporean capital are ...
Hong Kong developers likely to offer incentives to lure buyers as they brace for glut of new units in 2023, says CBRE
About 45,000 new flats are likely to become available this year, says CBRE, roughly four times the number that sold in 2022 In an effort to offload them, developers may offer such incentives as ...
China’s big spenders are trickling back to Hong Kong’s luxury property market, boosting analysts’ hopes for a slow recovery
Property-market insiders see positive signs following the reopening of the border, especially in luxury developments, but a full recovery is expected to take months amid high interest rates.
Mainland China money trickles into Hong Kong property market, especially luxury homes, as analysts expect slow recovery
Luxury homes are attracting mainland Chinese buyers, with three Ho Man Tin flats recently selling for about US$38 million Given high interest rates, it will take time for buying by mainland residents ...
Hong Kong’s secret abandoned houses and places – this interior designer loves them so much, she held a luxury dinner at one
Urban explorer Sacha Yasumoto has visited over 250 abandoned buildings and places in Hong Kong and her recent ‘Dangerous Dinner’ took blindfolded guests for a luxury meal at one.