Category: PROPERTY

Hong Kong’s biggest mortgage lenders kept their prime rates unchanged immediately after the monetary authority’s June 16 move, giving homebuyers the opening to get ahead of higher borrowing costs. ( read original story ...)

A penthouse in one of Hong Kong’s swankiest property developments sold for $36.5-million to a company linked to Gulnara Karimova, daughter of the late Uzbekistan dictator Islam Karimov – bringing to l ... ( read original story ...)

China Evergrande said that it would “vigorously” oppose a winding-up petition filed by a small creditor as the world’s most indebted property developer comes under pressure from investors cut out of ... ( read original story ...)

Prime rents in Hong Kong fell 1.1 per cent quarter on quarter in the year's first three months Rents for Hong Kong's high-end homes have slipped 6.8 per cent since the pandemic started in 2020 Hong ... ( read original story ...)

OUTSHINED BY MAINLAND CHINA While Hong Kong retains an outsized, indirect contribution to China's economic growth given its status as the only Chinese financial centre not subject to capital controls, ... ( read original story ...)

The Hong Kong Mortgage Corporation Limited (HKMC) announced to raise the interest rates for fixed-rate mortgage applications filed between 1st July and 31st July by 0.5% from those in June, marking ... ( read original story ...)

Hong Kong has held its spot as the least affordable property market for 12 years in that study. Like the four Hong Kong leaders who came before him, Chief Executive-elect John Lee Ka-chiu has ... ( read original story ...)

Another key trend in Asia reverberating through London's property market is geopolitical instability. Beijing's imposition of a draconian new national security law on Hong Kong, which dealt a ... ( read original story ...)

The six-bedroom house spanning 8,032sq ft of floor area has a private garden, swimming pool and parking space. Read more at straitstimes.com. ( read original story ...)

The building was donated rent-free to the three-year project by Hong Kong property developer Chinachem, whose chief executive, Donald Choi, is an architect with a passion for repurposing old buildings ... ( read original story ...)

Hong Kong’s benchmark borrowing cost quadrupled in a month as the city’s de-facto central bank drained liquidity at a record pace to stem the currency’s weakness. ( read original story ...)

A desperate developer in China's softening property market is coming up with a novel promotion to attract buyers, recently offering to take wheat and garlic as down payments. ( read original story ...)

Hong Kong property developers are offering new projects at lower starting prices to stimulate sales in an environment of rising interest rates and increasing supply of flats. Sun Hung Kai Properties ... ( read original story ...)

Eight rounds of mortgage tightening under Chan's watch, dubbed as 'spicy policies', helped the city tackle property speculation, fend off widespread defaults Negative equity has not been an issue in ... ( read original story ...)