Tag: mortgage

With soaring home prices and shrinking unit sizes, it's not unfair to say that Hong Kong isn't a friendly place for prospective home-buyers. But the story is completely different for the territory's top real estate developers. The top 12 property moguls in ... ( read original story ...)

A local buyer has purchased a mansion overlooking Hong Kong’s exclusive Repulse Bay using a method allowing him to avoid property taxes. The house may have fetched about HK$670 million ($86 million), based on the average square-foot valuation of similar ... ( read original story ...)

Home-purchase confidence in Hong Kong took a nosedive of about 21 per cent last quarter as already sky-high property prices continued to rise despite a recent drastic increase in the punitive stamp duty. According to a poll of 1,007 participants by the ... ( read original story ...)

Hong Kong’s richest man Li Ka-shing expects property prices in the city will rise “a little bit” this year, even as the government takes steps to cool the world’s costliest real estate market. The government in November increased the stamp duty to ... ( read original story ...)

Hong Kong billionaire Li Ka-shing expects property prices in the city will rise “a little bit” this year, even as the government takes steps to cool the world’s costliest real estate market. The government in November increased the stamp duty to 15 ... ( read original story ...)

Hong Kong property set to become ‘buyer’s market’ in the first quarter Analysts said the results showed that Hongkongers were exercising more caution when it comes to purchasing properties despite the high demand for flats. “The interest and demand ... ( read original story ...)

Dec 30 New mortgage loans drawn down in Hong Kong totalled HK$26.5 billion ($3.42 billion) in November, up 14.6 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from the authority ... ( read original story ...)

While Hong Kong’s cage homes have often been a source of artistic ... according to the government survey. Now it seems the large property developers are getting in on the action. In 2016 alone, three high-profile projects have been launched. ( read original story ...)

The Chinese investments are said to be prompted by the decline in the Renminbi and fears of greater capital controlsiStock It seems buyers from China and Hong Kong are unaffected by the uncertainty caused by the UK's decision to leave the European Union as ... ( read original story ...)

A unit of K Wah, Century Basis Ltd, beat 15 mainland and Hong Kong developers, including China Overseas Land, Vanke Property, China Resources Land, Sun Hung Kai Properties, New World, and Cheung Kong, to clinch the deal, the government said in a statement. ( read original story ...)

There’s food, bare bums, murder and property speculation on both lists, as well as some of those simple stories that remind us of Hong Kong’s true colours. When Hong Kong’s mass transit railway lines were being built, it was decided the stations ... ( read original story ...)