Tag: mortgage

New administration will reduce ratio of tiny flats in subsidised estates, Secretary for Housing Winnie Ho says Ho adds government will monitor market response and modify supply accordingly Hong Kong ... ( read original story ...)

The number of loss-making lived-in home transactions surpassed 100 from March to June, much higher than a year earlier Leftover stock of new flats rose for three consecutive months to about 13,446 ... ( read original story ...)

China's banking regulator has pledged to boost lending to help developers finish stalled property projects and boost buyers' demand, as a growing mortgage boycott by homebuyers exacerbates the country ... ( read original story ...)

Cheng Ho-lun and Fung Tin-ching accused of rioting and illegally keeping a total of four packs of plastic ties in Yau Ma Tei on November 18, 2019 Despite top court's recent ruling on zip ties, ... ( read original story ...)

A revolt by Chinese homebuyers, who have threatened to stop paying mortgages on hundreds of unfinished housing projects, is spurring a shakeout among cash-starved property developers who have long ... ( read original story ...)

A rare mortgage boycott spotlights the problem with Chinese banks' half-truths about asset quality. Seventeen banks say homebuyers' refusal to pay instalments warrants little concern, but the ... ( read original story ...)

Property agency data show that areas with underpopulated schools saw the biggest rent declines through the pandemic Net outflow of residents is likely to continue for some time, with a negative and ... ( read original story ...)

China is trying to ease panic over two of the biggest issues threatening social stability in the country—mortgage boycotts and frozen bank accounts. ( read original story ...)

Banks have been instructed to help eligible property developers fund stalled real estate projects as buyers refuse to make payments on unfinished homes. ( read original story ...)

China’s banking regulator has urged the country’s banks to lend more to distressed property developers as a mortgage repayment boycott spreads among apartment buyers angry that the homes they ... ( read original story ...)

Hong Kong’s top court has ruled that zip ties are “not instruments fit for unlawful purposes” under existing legislation, warning that authorities could penalise “thought crimes” otherwise. ( read original story ...)

A rapidly spreading protest — borrowers refusing to make mortgage payments on unfinished homes — threatens to rattle the Chinese financial system, says Bloomberg’s Shuli Ren. ( read original story ...)

Global property consultant JLL reported this week Hong Kong's overall Grade A office market was stable in the first half of 2022, despite the city being hit by the fifth wave of the Covid-19 pandemic. ( read original story ...)

Chinese regulators are trying to stamp out panic over rising home loan risks at banks as a wave of homeowners join a country-wide mortgage boycott of unfinished houses. Hundreds of thousands of buyers ... ( read original story ...)