Category: PROPERTY

China’s banking regulator has urged the country’s banks to lend more to distressed property developers as a mortgage repayment boycott spreads among apartment buyers angry that the homes they ... ( read original story ...)

Hong Kong’s top court has ruled that zip ties are “not instruments fit for unlawful purposes” under existing legislation, warning that authorities could penalise “thought crimes” otherwise. ( read original story ...)

A rapidly spreading protest — borrowers refusing to make mortgage payments on unfinished homes — threatens to rattle the Chinese financial system, says Bloomberg’s Shuli Ren. ( read original story ...)

Global property consultant JLL reported this week Hong Kong's overall Grade A office market was stable in the first half of 2022, despite the city being hit by the fifth wave of the Covid-19 pandemic. ( read original story ...)

Chinese regulators are trying to stamp out panic over rising home loan risks at banks as a wave of homeowners join a country-wide mortgage boycott of unfinished houses. Hundreds of thousands of buyers ... ( read original story ...)

Shares in embattled Chinese property developers fell on Friday as homebuyers' threats to stop mortgage payments on unfinished apartments outweighed Beijing regulators' assurance that local governments ... ( read original story ...)

Desperate homebuyers across dozens of cities are refusing to pay mortgages on unfinished homes, according to state media reports and economists at international banks. In China, real estate firms are ... ( read original story ...)

An unfinished housing project in Hubei Province's Huangshi City. Tens of thousands of home buyers across Chinese say they will refuse to pay their mortgages until developers compl ... ( read original story ...)

Hong Kong’s government will sell more land in its fiscal second quarter, increasing the number of homes that can be built on the land tenfold, after the new administration of Chief Executive John Lee ... ( read original story ...)

Chinese banks are set to take a hit to asset quality from mortgage business as growing numbers of homebuyers threaten to stop loan repayments to protest against unfinished apartments, analysts said. ( read original story ...)

China’s property crisis is leaping out of the frying pan and into the fire. Homebuyers in 22 cities are refusing to make mortgage payments on unfinished homes, Citigroup reports. The rare protest ... ( read original story ...)

Hongkong Land is a major listed property investment, management and development group. Founded in 1889, Hongkong Land's business is built on excellence, integrity and partnership. The Group owns and ... ( read original story ...)

According to global property consultant JLL, Hong Kong home sales picked up rapidly in Q2 after the social distancing measures were relaxed in April 2022. ( read original story ...)

A total of 21 buyers of the project in Cheung Sha Wan failed to complete transactions they agreed to in 2020, says Twin City Holdings The number of terminations in one day is among the highest in ... ( read original story ...)