Tag: mortgage

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 ...)

Liquidity is declining after the authorities bought the local currency and the Hong Kong Monetary Authority followed in the Federal Reserve’s footsteps in raising interest rates. ( read original story ...)

Hong Kong’s benchmark borrowing costs jumped the most in over two years last week, as liquidity shrank after the Federal Reserve’s interest-rate hike.Most Read from BloombergPutin Gets Unexpected ... ( read original story ...)

These 12 sites have dominated Hong Kong's preservation debate during the last 25 years as old vies with new in a rapidly developing city PMQ, Tai Kwun and the Central Market are among the lucky ... ( read original story ...)

Buyers snap up 70 per cent of 332 new flats on offer at three projects across the city Henderson sold 70 per cent of Baker Circle Dover in Hong Hum, while SHKP's Silicon Hill in Tai Po sold 90 per ... ( read original story ...)

Average home prices on the secondhand market have increased 2.4 times since 1997, with some flats appreciating by more than 450 per cent. ( read original story ...)

Rising interest rates in Hong Kong are pushing up costs for homeowners and threatening to drive down prices in the world’s most expensive housing market. ( read original story ...)

However, if home prices drop, the buyers may need to pay extra to take into account the drop in the value of the property when they shift to another mortgage plan, Wong added. The Hong Kong Monetary ... ( read original story ...)

New World Development becomes the first Asian corporate to issue a USD-denominated dual-tranche social and green offering in the public bond markets. ( read original story ...)

Hong Kong is now facing its biggest exodus since 1997 amid concerns over the National Security Law and strict social-distancing measures Mature residential property markets such as London and ... ( read original story ...)

With more than 7 million people, Hong Kong is both a bustling high-rise metropolis and a city with wide open spaces. It is a global financial centre and a place where conservation, heritage and the ... ( read original story ...)