Tag: mortgage

The Hong Kong Monetary Authority announced the results of the residential mortgage survey for January 2017. The number of mortgage applications in January 2017 decreased month-on-month by 5.6% to 9,914. Mortgage loans approved in January 2017 decreased by ... ( read original story ...)

Visitors take photos at the Kowloon waterfront facing Victoria Harbor that overlooks prime property of Hong Kong. Ultra-rich people grew in Chinese mainland and Hong Kong in 2016. [Photo/Agencies] The Chinese mainland and Hong Kong saw strong growth in ... ( read original story ...)

MTR Corp plans to offer seven property projects for tender over the next 12 months, believed to be the largest number planned in a single year by Hong Kong’s rail operator, after it announced a 21.1 per cent fall in net profit last year on lower property ... ( read original story ...)

HONG KONG -- Hong Kong railway operator MTR saw its net profit tumble 21% on the year in 2016 due to a slower property development market, but the company is getting a boost from mainland Chinese developers competing for land in the territory. Net profit ... ( read original story ...)

Nisha Gopalan is a Bloomberg Gadfly columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. Chinese companies have been gorging themselves on land in Hong Kong, outbidding the local ... ( read original story ...)

The government owned Hong Kong Mortgage Corporation will offer a public annuity scheme as early as next year to allow retirees to invest a lump sum below HK$300,000 in exchange for a stable monthly income until their death. HKMC chief executive Raymond Li ... ( read original story ...)

Hong Kong’s existing home prices have climbed to a record, fuelled by a surge in demand from local buyers and investors despite taxes and mortgage curbs designed to rein in prices. The Centaline Property Centa-City Leading Index, which tracks sales in ... ( read original story ...)