Category: PROPERTY

K. Wah, though a subsidiary, will hold 60% of a joint venture in partnership with two state-owned companies to develop residential and commercial property in an area planned for artificial ... ( read original story ...)

The Hong Kong Monetary Authority (HKMA) said it had told banks to lower the interest rate stress testing requirement to 200 basis points from 300 basis points, with immediate effect. Under the new ... ( read original story ...)

Hong Kong housing is at risk of becoming the least affordable in 24 years, as rate hikes by the US Federal Reserve drive up borrowing costs in the Asian financial hub. ( read original story ...)

The limited offer came on the day when five of Hong Kong’s largest banks raised their prime rates for the first time in four years, hot on the heels of a 75-basis point increase in base rate by the ... ( read original story ...)

When Stephanie Cheung bought a small, two-bedroom apartment for HK$7.7 million ($981,041) as an investment in April 2021, she booked a 6% gain by the summer as Hong Kong's property market boomed to ... ( read original story ...)

HONG KONG (Reuters) -Hong Kong's finance chief said on Thursday he does not see a sharp risk to the city's real estate market nor a need to adjust property control measures, as the financial hub ... ( read original story ...)

"There is a very high chance for Hong Kong to record a negative GDP growth for this year," Financial Secretary Paul Chan told reporters, adding that interest rates were being raised "at a pace that ... ( read original story ...)

The Hong Kong Monetary Authority raised its benchmark interest rate for a fifth time, moving in lockstep with the US Federal Reserve.Most Read from BloombergPutin Calls Up More Troops, Resumes Nuclear ... ( read original story ...)

Chairwoman of authority's subsidised housing committee remains hopeful shoebox flats will sell, others are less optimistic Around 10 per cent of units on sale are shoebox flats, smaller than 230 sq ft ... ( read original story ...)

One in nine street-level shops was vacant during a recent survey, but an end to quarantines for incoming travellers would boost retail and catering, according to a property executive. ( read original story ...)

“The mortgage rate now is 2 per cent from 1 per cent at the end of 2021,” said Herve Guinebert, the managing director at Paris-based Banque Transatlantique’s Hong Kong representative office. “It’s ... ( read original story ...)

The ratio of second-hand housing deals yielding capital gains has fallen by 6.8 percentage points since last year to below 90 per cent in August Among 56 developments at railway stations, 30 saw the ... ( read original story ...)

An offshore bondholders' group of cash-strapped Kaisa is offering up to $2 billion to acquire stalled housing projects of the Shenzhen-based developer to facilitate their completion, two people with ... ( read original story ...)

In recent years, such cases have been rare as criminals prefer deception tactics, even bogus kidnapping calls The case of a 51-year-old man thought to have been kidnapped on his birthday, killed and ... ( read original story ...)