Tag: mortgage

Yuen Yuk-ting had her life planned out at 26 years old: she would open a bank account with her boyfriend, spend the next four years saving HK$1 million for a down payment on a 400 sq ft flat in Hong Kong, and then get married at 30. That dream was thrown ... ( read original ...

Hong Kong has the most expensive real estate in the world, with the average single-family home in the Kowloon area priced at $3,570.23 per square foot, says a recent survey by Century 21 Canada. This is 3.5 times more expensive than Beijing, the second ... ( read original story ...)

The situation is putting further pressure on Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor ... That support even went so far as parents taking out mortgages on the family’s main residence to help fund flat purchases by the children, the authority ... ( read original story ...)

“Once they’re done gambling, they can take their winnings in U.S. funds or Hong Kong dollars and invest it in property ... loans were made by Jin to BCLC-identified VIPs for them to make mortgage payments on Vancouver homes. Another common transaction ... ( read original story ...)

Hong Kong stocks reached their highest level in almost two and a half years at the close on Wednesday, as property developers, banks and insurers led the gains. The benchmark Hang Seng Index advanced 0.7 per cent, or 206 points, to finish the Wednesday ... ( read original story ...)

Hong Kong property firms have shifted their attention to buying whole, completed buildings outright in the city’s central districts, as their aggressive and deep-pocketed mainland rivals bid up the price of land to sky-high levels. Vincent Cheung Kiu-cho ... ( read original story ...)

amid big gains in Chinese property developers and index heavyweight (0700.HK) The internet giant rose another 0.8% in early action, hitting fresh record highs. It has surged 85% in 2017. Hong Kong markets will be closed Thursday, while there is no trading ... ( read original story ...)

According to the Real Estate Institute of Australia, selling real estate sight unseen is becoming more popular with international buyers keen to snap up property here A Hong Kong buyer recently purchased a home on Sydney's North Shore for $3.65million ... ( read original story ...)

A luxury home in Hong Kong set a price record for apartment sales in Asia, even as the government seeks to tame property prices in the world’s least affordable market. The penthouse duplex unit in Henderson Land Development Co.’s 39 Conduit Road ... ( read original story ...)

How much of Hong Kong’s political poison would drain away if the city supplied enough land—and, yes, there is plenty available; don’t believe the Great Land Crunch myth perpetuated by fat-cat property developers and their cronies in government —to ... ( read original story ...)

amid big gains in Chinese property developers and index heavyweight 0700, +0.63% The internet giant rose another 0.8% in early action, hitting fresh record highs. It has surged 85% in 2017. Hong Kong markets will be closed Thursday, while there is no ... ( read original story ...)

The introduction of the IWL follows a scheme named 'Operation Creative' led by the Police Intellectual Property Crime Unit (PIPCU). The scheme has listed about 1,500 pirate websites, and involves over 130 advertising associations and companies. Hong Kong ... ( read original story ...)

Japanese and Hong Kong share markets led Asian stocks higher on Wednesday ... Growth in China, the world's no. 2 economy, has held up remarkably well this year despite curbs on the property market and risky forms of lending, thanks to a construction ... ( read original story ...)

despite efforts from the government to cool down property prices, according to Bloomberg. The unit is 4,971 square feet and includes three parking spots and a private swimming pool. Prices for homes in Hong Kong hit record highs this year and climbed for ... ( read original story ...)