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Tag: mortgage

Posted on 09/04/2025

Oaktree Capital Puts Hong Kong Commercial Building on the Market

Oaktree Capital Management is looking for a buyer for a commercial building in Hong Kong’s Wan Chai district, after taking ownership of the property from real estate investor Kailong Group, according ...

Posted on 08/04/2025

Ant Group executive pays US$10 million for Hong Kong villa, 35% lower than 2022 peak

Hong Kong’s luxury property market continues to witness heavily discounted sales, with buyers taking advantage of depressed prices. A four-bedroom, 3,314 sq ft detached house in Villa Rosa, Tai Tam, ...

Posted on 08/04/2025

Hong Kong Budget Boosts Residential Market as Demand for Small Units Rises

HONG KONG SAR - Media OutReach Newswire - 7 April 2025 - Global real estate services firm Cushman & Wakefield today held its Hong Kong Property Markets Q1 2025 Review and Outlook press conference.

Posted on 02/04/2025

Hong Kong’s March property sales rise to 4-month high, in a sign of improving sentiment

Sales of new and lived-in homes, shops, office units, car parking space and industrial properties jumped by 55 per cent to 6,657 lots last month.

Posted on 01/04/2025

China Property Pain Worsens With Sales Slump, Record Vanke Loss

The world’s second largest economy has yet to find a floor for its slumping property market, as new home sales reversed into a slide and China Vanke Co. reported a record loss.

Posted on 31/03/2025

Hong Kong mortgage loans surge to 9-month high as new homebuyers seek more financing

Approved mortgage loans in Hong Kong rose to a nine-month high in February as buyers of new flats sought additional financing, suggesting an improvement in demand as developers continued to launch new ...

Posted on 31/03/2025

China property giant Vanke reports annual loss of $6.8 bn

Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing falling sales and shrinking profit margins despite Beijing's attempts to revive the ...

Posted on 30/03/2025

Another 150 family offices express interest in setting up in Hong Kong

Vibrant welcoming city, where art thrives, is part of the attraction compared with regional rivals, says InvestHK director general Alpha Lau About 150 new family offices attracted by innovation and ...

Posted on 29/03/2025

Property tycoon Lee Shau-kee, Henderson founder, dies aged 97

Hong Kong property tycoon Lee Shau-kee, who founded real estate giant Henderson Land Development, has died aged 97.

Posted on 28/03/2025

4 wealth lessons for young people from Hong Kong’s second-richest billionaire Lee Shau Kee

The late property tycoon Lee Shau Kee, known as Hong Kong’s second-richest man, advised young people to choose the right career, work hard, use money to make money, and not marry too soon.

Posted on 26/03/2025

Lee Shau-Kee’s Sons Get Control of $10 Billion Henderson Stake

The two sons of the late Hong Kong billionaire Lee Shau-Kee now control their father’s $10 billion stake in property firm Henderson Land Development Co., according to new filings.

Posted on 23/03/2025

Hong Kong property demand aided by stamp duty cuts, but stocks and interest rates are key

The market's long-term recovery depends on interest rate trends, as homebuyers remain cautious amid the US-China trade war, experts say Hong Kong's residential property market is showing signs of ...

Posted on 20/03/2025

As Hongkong Land’s US$11.5 bil bet on Shanghai takes shape, recycling plans are announced

Smith said HKL plans to recycle US$6 billion by 2027. Out of this US$6 billion, build-to-sell in China is approximately US$2.5 billion, non-core retail in China accounts for US$3 billion, and ...

Posted on 18/03/2025

Hong Kong anti-corruption agency arrests 22 people over HK$2 million mortgage fee fraud

Eighteen bank staff among those alleged of taking bribes from an intermediary to defraud referral fees in mortgage loan applications.

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