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Tag: mortgage

Posted on 08/12/2025

Hong Kong duplex apartment sells for record $113 million

A duplex apartment sold for a record price in Hong Kong, in the latest sign the luxury property sector in the city is bouncing back.

Posted on 08/12/2025

Hong Kong property tycoons turn heads at poll, urge voters to fulfil civic duty

Tycoons from SHKP, Sino Group, Henderson Land Development, New World Development, CK Hutchison and Chinese Estates cast ballots Hong Kong's property tycoons made high-profile appearances to cast their ...

Posted on 06/12/2025

‘I’m worried’: residents of Hong Kong estates in limbo after renovation suspended

Owners at estates with projects by beleaguered contractor for Wang Fuk Court fear they might need to hire new company and spend even more ...

Posted on 05/12/2025

Hong Kong fire: Major property developers considering blanket ban on smoking at worksites

Property developers in Hong Kong are pushing for a complete ban on smoking at worksites, following last week's deadly fire at Wang Fuk Court in Tai Po. Residents say workers had been seen smoking ...

Posted on 05/12/2025

ISS, property manager in Hong Kong fire case, defends ‘admin role’, watchdog disagrees

Property Management Services Authority vows to rigorously follow up on any suspected breaches in wake of deadly Wang Fuk Court fire.

Posted on 04/12/2025

Hong Kong fire expected to be credit-negative for reinsurers

AM Best expects a material portion of the gross incurred loss from the deadly Hong Kong apartment fire to be transferred to reinsurers. This could halt downward pressure on Hong Kong property ...

Posted on 04/12/2025

300 mortgage loans linked to Wang Fuk Court: HKMA

The Hong Kong Monetary Authority (HKMA) says about 300 residential mortgage loans are related to fire ravaged Wang Fuk ...

Posted on 03/12/2025

No role in renovations, says Danish facility management group ISS amid scrutiny over Hong Kong fire

Danish facility management group ISS said on Tuesday (Dec 2) its unit had been the property manager for a Hong Kong building complex hit by the city's deadliest fire in decades, but had no role in ...

Posted on 02/12/2025

Best’s Commentary: Hong Kong Fire Expected to be Credit Negative for (Re)Insurers

AM Best expects a material portion of the gross incurred loss in the deadly Hong Kong apartment fire to be transferred to reinsurers, which may halt downward pressure on Hong Kong property reinsurance ...

Posted on 01/12/2025

Hong Kong property viewing dips following deadly fire as city pauses to mourn

Hong Kong’s worst residential fire in history has cast a shadow over property sentiment, but the overall impact on the home market is likely to prove temporary because broader economic fundamentals ...

Posted on 27/11/2025

Hong Kong fire poses test for China’s grip on the city

Hong Kong’s sky-high property prices have long been a trigger for discontent and the tragedy could stoke resentment towards authorities.

Posted on 27/11/2025

Hong Kong Buildings Blaze Kills 36, Nearly 300 Missing

HONG KONG (Reuters) -At least 36 people were killed and 279 were missing on Wednesday after Hong Kong's deadliest fire in three decades ripped through high-rise residential towers sheathed in ...

Posted on 27/11/2025

Hong Kong developers Sino Group, NWD delay home sales after devastating Tai Po fire

Hong Kong’s developers have postponed property sales scheduled for Friday as the city mourns the deaths of dozens of residents in a devastating fire that broke out in Tai Po. Sino Group and New World ...

Posted on 27/11/2025

Joy City’s Hong Kong delisting throws mainland China’s property strains into relief

Cofco's Joy City Property is quitting the Hong Kong bourse after 12 years, joining the wave of mainland developers that have already exited When the Hong Kong stock market closes at 4pm on Thursday, ...

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