Tag: mortgage

HONG KONG: Hong Kong private home prices posted their first monthly ... A continued correction could lead to more cases of negative equity on residential mortgage loans, which resurfaced for the first ... ( read original story ...)

HONG KONG — Something strange happened recently in the Hong Kong property market. On New Year’s Eve, a buyer put down a five percent deposit for the purchase of a three-story, $92.5 million luxury ... ( read original story ...)

Property mogul Thomas Kwok Ping-kwong walked out of Hong Kong’s maximum-security Stanley Prison on Thursday morning, having served most of a five-year jail term for bribing the city’s former No 2 ... ( read original story ...)

The Business Environment Council’s Low Carbon Charter, announced on March 19, breathes new life into the moribund dialogue about improving energy efficiency in Hong Kong’s buildings. The council, ... ( read original story ...)

READ FULL ARTICLE A multi-year bull run in Hong Kong’s property market came to an end in August last year, with a cumulative loss of 9.2 per cent in home prices by the end of December 2018. But prices ... ( read original story ...)

It’s hard to find a bad view from within the Kerry Hotel Hong Kong. Whether staring out from the outdoor infinity pool, the trendy patio bar, the exclusive Club, or a Deluxe Sea View Suite, almost ... ( read original story ...)

Hong Kong property agents drum up demand for car parking spaces in Greater Bay Area, tout low investment of US$30,000 But working in Hong Kong and living in a much bigger house in a “Greater Bay Area” ... ( read original story ...)

In Hong Kong’s sky-high property market, looking for a home can be frustrating, especially when an agent tells an excited flat-hunter that an advertised bargain is actually out of date. It will be ... ( read original story ...)

Some analysts say Hong Kong will need to spend another HK$40 billion to HK$60 billion to make local borrowing costs more responsive to intervention. Hibor, the floating rate on most new mortgages, is ... ( read original story ...)

Hong Kong’s small property agents have found a new investment avenue that has piqued the interest of investors – car parking spaces in the “Greater Bay Area” for as low as 200,000 yuan (US$30,000). “W... ( read original story ...)

Hong Kong property prices are bouncing back. Henderson Land Development Co. raised the average price for a new batch of apartments at The Vantage in Kowloon by about 10 percent, a price list shows. Th... ( read original story ...)

Hong Kong property is coming back. After declining about 10 percent since August, home prices have started rising again. The world’s least affordable housing market may even be prepping for another bo... ( read original story ...)

Residential mortgage loans approved in January rose 18.9% compared with the previous month to $28 billion, the Monetary Authority announced today. Mortgage loans financing primary market transactions ... ( read original story ...)

Hong Kong’s economy is forecast to slow this year as the city grapples with weaker property values and the fallout from U.S.-China trade tensions, leading to a more modest range of budget handouts tha... ( read original story ...)