Urgent need to fix flat shortage amid soaring prices: Lam

She added that Hong Kong families were spending on average 66.1 percent of household income to pay mortgages in the first quarter, as reflected by the latest Median Mortgage Payment and Loan Repayment to Income Ratio. And the flats aren't even particularly ... ( read original story ...)

The boomerang generation really does come back

At the same time, my young adult daughter and her partner were becoming increasingly concerned they would never afford to be able to buy when they move back to Sydney from Hong Kong in a few years ... help with the initial mortgage payments. ( read original story ...)

Malaysian firm to set up shop in Cambodia

The Malaysia-based Rahim & Co International Bhd, an international property investment consultant, has announced it will expand its presence into the Asean and Asia-Pacific markets like Cambodia, Vietnam, China and Hong Kong. Tan Sri Abdul Rahim Abdul ... ( read original story ...)

China’s trophy case could become discount rack

HONG KONG (Reuters Breakingviews ... Meanwhile, Reuters reports the property-to-cinema firm Dalian Wanda is blocked from refinancing offshore subsidiaries. In contrast, HNA Group says it remains keen on ousted White House adviser Anthony Scaramucci's ... ( read original story ...)

SJM Holdings revenue, earnings and profit all down in H1

Figures released Tuesday show the Hong Kong-listed SJM’s gaming revenue falling 2% year ... If there was a bright spot, it was SJM’s flagship property, the Casino Grand Lisboa, which saw revenue improve 7.7% to HKD 7.3b, largely on the strength of ... ( read original story ...)

Hong Kong’s mortgage loans up 5.6 pct in June

Mortgage loans approved in June rose 5.6 percent month-on-month to 44 billion HK dollars (about 5.6 billion U.S. dollars), the Hong Kong Monetary Authority said here on Monday. Mortgage loans financing primary market transactions increased 19.2 percent to ... ( read original story ...)