Chan said the city's de facto central bank, the Hong Kong Monetary Authority, would issue notices and guidelines to banks about flexible treatment of mortgage repayment, and he was confident that ... ( read original story ...)
All private flats built in Hong Kong must be at least 280 sq ft in future under new government rule
All private homes to be built in Hong Kong in future will have to be at least 280 sq ft, the government has announced. The minimum size requirement in the private sector will cover all government land ... ( read original story ...)
Hong Kong’s used home prices drop by most in 23 months as owners discount their flats to flee Covid-19 fifth wave
Lived-in home prices are on the slide as desperate owners looking to escape the ferocious fifth wave of Covid-19 offer steep discounts on their flats. ( read original story ...)
Hong Kong’s January home prices at 11-month low, hit by COVID-19
Hong Kong private home prices dropped for the fourth consecutive month in January to the lowest since February 2021, official data showed on Thursday (Feb 24), as the financial city was hit by a new ... ( read original story ...)
Hong Kong’s tiny apartments increase pain of Covid isolation
The city-state’s biggest Covid-19 outbreak has left tens of thousands of patients struggling to isolate themselves from their families in one of the world’s most crowded cities ... ( read original story ...)
Hong Kong Property Tycoon Joseph Lau’s Fortune Edges Up Despite Evergrande Loss
The billionaire—a long-time business partner and poker buddy of Evergrande chairman Hui Ka Yan—had a wild ride in 2021, but still managed to emerge with a gain. ( read original story ...)
Hong Kong Raises Property Tax for Owners of Expensive Homes
Hong Kong’s government unveiled plans to raise property taxes for luxury homes in a move set to affect wealthy owners and landlords of multiple properties. Financial secretary Paul Chan proposed ... ( read original story ...)
Budget 2022-2023: Hong Kong opens funding tap to make more mortgage loans available for first-home buyers, dealing a blow to ‘nano flat’ builders
The available mortgages on homes with a loan-to-value ratio of 80 per cent will increase to between HK$10 million and HK$12 million in the fiscal 2022/23 budget First-home buyers who qualify for the ... ( read original story ...)
Hong Kong Budget: Progressive property rates could see owners of pricier flats paying more
Hong Kong aims to introduce a progressive rating system for residential properties that would see owners of pricier flats paying more in property rates, the city’s financial chief announced on ... ( read original story ...)
Govt to raise mortgage cap for homebuyers
Financial Secretary Paul Chan on Wednesday announced the government will make it easier for property buyers to obtain mortgages for pricier flats – ... ( read original story ...)
Budget 2022-23: Hong Kong offers office and retail rental relief for city’s small businesses
All small businesses will be allowed to defer their retail and office rental payments by up to six months, Financial Secretary Paul Chan said in his budget briefing on Wednesday. ( read original story ...)
Cantopop star Joey Yung sells Hong Kong flat at loss, leading exodus from property market amid city’s Covid-19 surge
Canto pop star Joey Yung has sold her flat in Causeway Bay at a loss of about HK$1.1 million (S$190,000), according to sources familiar with the deal, joining a wave of Hongkongers selling their homes ... ( read original story ...)
Hong Kong’s Biggest Developer Offers Land for Covid Isolation
Hong Kong’s biggest property developer offered to make land and commercial properties available to the government to help contain the city’s Covid-19 outbreak. ( read original story ...)
Hong Kong’s tiny apartments increase pain of Covid-19 isolation
The median area of accommodation for each resident was about 15 sq m as of 2016. . Read more at straitstimes.com. ( read original story ...)