Tag: mortgage

The New Territories site – the only residential plot offered in the previous quarter – has attracted bids from six developers.

The Hong Kong property developer secured the deal with a consortium of international, Chinese and local banks; the company cited "challenging" market conditions in mainland China and Hong Kong as 2024 ...

Hong Kong's home prices fell 0.7% in December and 7.1% in 2024, government figures showed, as the property market struggles to find a bottom despite interest rate cuts and government support measures.

As fiscal income from land sales evaporates, Hong Kong is removing all of its onerous property cooling measures that have been in place for over a decade. The government is making an audacious attempt ...

Owners registered 47,917 mortgages on various properties in 2024, the least since Centaline Property began tracking the data in 2000.

While Hongkong Land (HKL) is known for its portfolio of prime commercial properties in Hong Kong, it is also active in mainland China and Singapore. Through its subsidiary MCL Land, it has a strong ...

Hong Kong lawmakers have called for more options to be provided for existing land and property owners to join a new title deeds registration system proposed by the government, with a consultant ...

Shares in Chinese property giant Country Garden soared more than 25 percent in Hong Kong on Tuesday, after the embattled firm resumed trading in the city following a nine-month suspension. The company ...

Legislator Edward Lau proposes allowing land and property owners to voluntarily transfer their title deeds to the new system.

Hong Kong property developer New World Development said on Monday it had not started any discussions with creditors regarding a proposal to restructure its existing debt. The embattled developer's ...

Chinese property company Country Garden , which has defaulted on debt repayment obligations, expects to reach agreeable terms with creditors next month, the firm's lawyer told a Hong Kong court on ...

Concern over China's embattled property sector has deepened after state media reported the detention of China Vanke's chief executive and said authorities are overseeing operations, sending the ...

The Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBOC) yesterday (13th) announced new measures to further deepen the Stock Connect between the financial markets of Hong Kong and ...

Home prices in Hong Kong, one of the world's most unaffordable cities, have tumbled nearly 30% from their 2021 peak, hurt by higher mortgage rates, an outflow of professionals and a weak market ...