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Tag: mortgage

Posted on 31/05/2022

China mortgage rate cut, lower down payment requirements could save homebuyers 10 per cent in monthly instalments, revive home sales

A cut in mortgage rates announced on Friday last week, coupled with lower down payment requirements for first-time buyers, could revive Chinese home sales, analysts said. ( read original story ...)

Posted on 31/05/2022

MPs call for an end to higher fees for Hong Kong students

Under the current system, students from Hong Kong face paying £22,831 a year more than domestic students for university fees. ( read original story ...)

Posted on 31/05/2022

Embattled Tycoon Pan’s Hong Kong Skyscraper Sale Terminated

Goldin Financial Holdings Ltd. said the sale of its eponymous Hong Kong skyscraper failed to complete in a blow to the embattled property firm’s attempts to repay debt. ( read original story ...)

Posted on 31/05/2022

Creating value from ‘forgotten spaces’ in Hong Kong’s unique urban ecosystem

Not enough focus is placed on extracting value from ‘forgotten spaces’ in Hong Kong’s urban ecosystem amid the rush for new technology in buildings. ( read original story ...)

Posted on 30/05/2022

Overseas property exhibition activity in Asia keeps increasing.

More on those exhibitions in a bit. First, a couple of announcements: After adding Singapore to the dashboard last week, Kuala Lumpur is now part of the overseas property exhibition dashboard. ( read original story ...)

Posted on 30/05/2022

After Chinese property sector battered, Seazen tests market with dollar bond issue

Seazen Group Ltd is planning to issue a U.S. dollar bond, a term sheet showed, becoming one of the few Chinese property developers this year to test investor appetite for a sector in the throes of a ... ( read original story ...)

Posted on 28/05/2022

Hong Kong homebuyers adopt wait-and-see approach amid rising mortgage rates and higher unemployment

Hong Kong homebuyers held back from buying at two new developments ... Where are the white knights in China’s US$1.7 trillion property sector? The sluggish sales come as local mortgage rates are ... ( read original story ...)

Posted on 28/05/2022

New York law firm White & Case opens 3 floors at Hongkong Land’s York House as tenants cherry pick from Central’s office market slump

Institutional investors are also likely to be more aggressive as they seek opportunities in Hong Kong, property consultants said. “In fact, 68 per cent of the first-quarter investment transaction ... ( read original story ...)

Posted on 28/05/2022

Sanction Chinese officials with UK assets over Hong Kong abuses, Liz Truss told

It followed research by Hong Kong Watch, which found that nine Hong Kong officials and 12 lawmakers accused of complicity in the ongoing human rights violations in the city have property overseas. ( read original story ...)

Posted on 28/05/2022

British MPs call for audit of property and assets held by Hong Kong and mainland Chinese officials

A cross-party group of 110 lawmakers have asked British Foreign Secretary Liz Truss to pursue action as a “pathway to introducing targeted sanctions” over controversial national security law. ( read original story ...)

Posted on 28/05/2022

Govt urged to carry out audit of UK assets of Hong Kong and China officials linked to human rights violations

The government should carry out an audit of the UK assets of Chinese and Hong Kong officials linked to human rights violations, a cross-party group of MPs has demanded. A group of 110 MPs has written ... ( read original story ...)

Posted on 28/05/2022

Hong Kong renewal project to build more than 4,000 flats in Kowloon City but vendors, Thai residents fear for soul of neighbourhood

Urban Renewal Authority is looking to acquire property interests in the area for its second-largest redevelopment project Union chair for Thai workers says community could become further fragmented ... ( read original story ...)

Posted on 27/05/2022

Hong Kong renewal project to built more than 4,000 flats in Kowloon City but vendors, Thai residents fear for soul of neighbourhood

With the combined area accounting for 1,000 property interests, the authority on Friday said ... According to a government census in 2016, more than 800 of Hong Kong’s 10,215 Thai residents live in ... ( read original story ...)

Posted on 27/05/2022

Hong Kong home prices in April rise for the first time in three months, as deals gain momentum on easing coronavirus curbs

Hong Kong’s home price index reversed a three-month losing streak ... “The index will widen its increase in May, but the overall property price [index] in the first half will still see a slight ... ( read original story ...)

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