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Tag: mortgage

Posted on 24/12/2024

Shimao Cuts Asking Price for Hong Kong’s Second-Largest Hotel

Defaulted Chinese developer Shimao Group Holdings Ltd. has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s airport by a quarter, according to a person familiar with the ...

Posted on 22/12/2024

China property flare-ups resurface as crisis enters fifth year

As China property debt crisis enters fifth year, there is little indication that distressed developers are finding it easier to repay debt.

Posted on 21/12/2024

The Center skyscraper sale was a Hong Kong blockbuster, now buyers struggle to cash out

Take a look inside The Center, which was the world’s most expensive skyscraper when it was shrewdly sold by the city’s wealthiest man.

Posted on 19/12/2024

Hong Kong Builder New World Asks Banks to Extend Loans

Hong Kong property firm New World Development Co. is in talks with banks to extend the due dates of some bilateral loans, said people familiar with the matter.

Posted on 18/12/2024

Hongkong Land Launches Next-Generation Tenant Engagement Service for the Professional Community in Central

The new app delivers a highly personalised user experience and includes new features, content and services to enhance the working lives of professionals in the Central Portfolio The launch comes as ...

Posted on 18/12/2024

Chinese property developers look to bite bullet and revamp onshore debt in 2025

Progress by Chinese property developer Sunac towards a landmark restructuring deal for yuan bonds could open the gates to a flurry of debt agreements next year, as the sector gives up on returning to ...

Posted on 18/12/2024

Hong Kong government land sale revenues to hit HK$8-14b in 2025

And annual land premiums are expected to reach HK$10-15 billion. The Hong Kong property market is less affected by the external environment this year; demand and supply are the major factors ...

Posted on 17/12/2024

Hong Kong – Prudential Measures For Property Mortgage Loans.

Hong Kong - Prudential Measures For Property Mortgage Loans. Legal News and Analysis - Hong Kong - Banking & Finance - Conventus Law ...

Posted on 16/12/2024

Meet the man who brought poker out of Hong Kong’s shadows

Stephen Lai caught the gambling bug at university in England - on his return to Hong Kong, he played his cards right and formed the Hong Kong Poker Players' Association My younger sister and I were ...

Posted on 16/12/2024

Call for Hong Kong homebuyers to hire surveyors to check for illegal features

Homebuyers should be required to hire a surveyor to check for illegal structures on properties before valuation.

Posted on 16/12/2024

Hong Kong building law should take reference from UK practice: surveyors’ body

Homebuyers should be required to hire a surveyor to check for illegal structures on properties before valuation.

Posted on 13/12/2024

Mystery big spender snaps up 26 Hong Kong flats for HK$150 million in 1-day shopping spree

A mystery buyer splurged HK$150 million (US$19.3 million) to snap up 26 new flats in Hong Kong’s Kai Tak district in a one-day shopping spree. The flats were acquired in projects such as Double Coast ...

Posted on 12/12/2024

Hong Kong home prices: up or down? Experts weigh in with their forecasts for 2025

Analysts forecast up to 5 per cent price fall or rise amid oversupply, falling interest rates and improving stock market performance.

Posted on 11/12/2024

Hong Kong actor Chow Yun Fat slashes mansion’s price by $3.2M amid market struggles

Actor Chow Yun Fat has lowered the price of his mountain-top mansion to HK$195 million (US$25.1 million), a reduction of HK$25 million (US$3.2 million) from its original listing.

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