Tag: mortgage

Overall real estate transactions in August fell 10 per cent month on month to 4,729 units, while value declined 20 per cent to US$4.4 billion.

Hong Kong’s property developers kicked off a new round of price cuts to offload new-home inventories after the US Federal Reserve gave its strongest hint yet about an imminent rate cut. KT Marina, a ...

New World Development Co.’s shares fell as much as 14% Monday morning, as Hong Kong’s property downturn weighs on the firm owned by the billionaire Cheng family.Most Read from BloombergA Guide to ...

This formerly dim, dark village house on Lamma Island was the first rough draft for a minimalist, meditative retreat from the bustle of city life ...

China is considering allowing homeowners to refinance as much as $5.4 trillion in mortgages to reduce their borrowing costs, Bloomberg News reported on Friday, citing people familiar with the matter.

The government plan would let homeowners switch banks for cheaper loans, as the property slump drags down consumer spending and household wealth.

With the Hong Kong property market remaining sluggish there is no need to revive the old land application mechanism.

But the property crisis in recent years again weakened the firm, with its total debt estimated at 234.5 billion yuan ($33.0 billion) at the end of the first half of 2024, according to a filing to the ...

A Hong Kong court has convicted one person and acquitted six others ... Chun-pong of conspiring to cause explosions likely to endanger life or cause significant property damage. He was acquitted of ...

The Hong Kong Housing Authority, the city's largest public home provider, on Tuesday approved the Home Ownership Scheme sales arrangement for this year with about 7,132 subsidised homes on offer at a ...

The latest batch of subsidised flats will still be attractive to Hong Kong’s low- to middle-income buyers despite the discount being the lowest in six years and a drop in private property prices, ...

Hong Kong’s Kai Tak Airport was legendary among pilots—who had to thread their way between high-rises to land—and passengers, who gripped their armrests and held their breath as they peered into ...

Property agents predict September sales may quadruple from August's level if the Fed embarks on policy easing as expected Hong Kong developers are poised to launch at least six new projects with a ...

Development minister Bernadette Linn earlier said authorities had no plans to bring back application-based land sale mechanism axed in 2013.