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Category: PROPERTY

Posted on 07/11/2022

China Evergrande says Hong Kong land plot sold by receivers for $637 million

China Evergrande Group said on Sunday its plot of undeveloped land for residential development in Hong Kong's Yuen Long district has been sold by its receivers for $636.94 million. The land project is ...

Posted on 07/11/2022

China Evergrande says its interests in land in Hong Kong sold for $637m

BEIJING: China Evergrande Group said on Sunday its interests in a plot of undeveloped land for residential development in Hong Kong’s Yuen Long district have been sold by its receivers for $636.94 ...

Posted on 07/11/2022

China Evergrande says its interests in land in Hong Kong sold for $637 million

China Evergrande Group said on Sunday its interests in a plot of undeveloped land for residential development in Hong Kong's Yuen Long district have been sold by its receivers for $636.94 million.

Posted on 07/11/2022

Avoiding Hong Kong’s speculation trap

Policymakers looked at the experience of Hong Kong and a few other areas when debating the foreign land ownership bill.

Posted on 07/11/2022

Getting Hong Kong developers to build subsidised flats will help, but government must monitor quality, experts say

Awaiting details of new scheme, developers hope for sweeteners to get them to build subsidised flats Events officer Yuki Tsang Yuk-fong, 29, and technician Terry Mok, 32, were married on Tuesday, and ...

Posted on 06/11/2022

If Hong Kong’s property cooling measures are dropped, who really benefits?

Readers discuss calls for the government to scrap the extra stamp duty on property transactions, the predicament of an old mahjong shop, and the website of a museum exhibition Feel strongly about ...

Posted on 06/11/2022

Hong Kong, mainland China students boost UK home demand, property agents say, as weak pound increases buying power

China, including Hong Kong, accounted for the biggest share of an increase in non-EU students entering UK universities this year, according to Knight Frank In the third quarter, Chinese buyers made 2.

Posted on 05/11/2022

Hong Kong’s property developers will struggle to service their bulging debts as interest rates soar, analysts warn

Home builders are likely to have a hard time turning a profit as the interest payments on their debt mountains get bigger They are likely to be less aggressive bidding for land, and are coming under ...

Posted on 04/11/2022

Hong Kong Up 5.4%, Property and Tech Sectors Surge

The Hong Kong Hang Seng Index opened evenly and rose to the close, finishing up 5.4% on persistent social-media rumors that Beijing will ease the strict anti-pandemic policies that have locked down ...

Posted on 03/11/2022

Hong Kong raises rates after Fed, flags more increases in borrowing costs

The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged via the overnight discount window by 75 basis points to 4.25%, and said households should brace for a period of higher ...

Posted on 02/11/2022

Hong Kong’s New Visa and Property Tax Regulations to Attract Foreign Talents

Hong Kong is lowering property taxes and relaxing visa requirements for non-permanent residents to draw in international talent.

Posted on 02/11/2022

Hong Kong – Enacts New Regime Taxing Foreign Source Income.

The explanatory note of the Hong Kong Inland Revenue Department (“ IRD ”) is accessible here: This is a useful and clear introduction to the new rules, even for the layman. On 28 October 2022, the ...

Posted on 02/11/2022

Shenzhen backed to ‘pioneer’ China’s national tax reform, sets off property alarm bells in Hong Kong

The development fuelled market speculation as it may have profound effect on the city's property market and also affect around 25,000 Hong Kong workers living in Shenzhen, who make frequent ...

Posted on 02/11/2022

What’s to blame for Hong Kong’s lacklustre real estate investment demand in Q3?

Only 20 deals worth HK$18.1b were transacted in the quarter. According to CBRE, commercial real estate investment volume (deals worth over HK$77 million, excluding pure land or related transactions) ...

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