Tag: mortgage

Don’t bet against Hong Kong’s billionaire property tycoons, even if the city’s incoming chief executive takes a tough stance on reining in soaring home prices. After a short-lived dip as the city’s government ratcheted up real estate curbs in ... ( read original story ...)

Mar.16 -- Peter Churchouse, chairman at Portwood Capital, discusses Hong Kong's property market and why it will be an important issue in the upcoming election for a new chief executive. He speaks to Bloomberg's Rishaad Salamat and Haidi Lun on "Bloomberg ... ( read original story ...)

Hong Kong and Shanghai Banking Corp is cutting mortgage rates to another low of HIBOR plus 1.28 percent, despite the US interest rate hike.For mortgage loans above HK$10 million, the lender has reportedly reduced the rate from the previous H+1.3 percent ( read original story ...)

The Hong Kong government has unveiled eight rounds of counter-cyclical measures to curb home prices since 2009. The authorities have mainly targeted medium and large flats initially. For example, in August 2010, it cut the mortgage loan ratio from 70 ... ( read original story ...)

Hong Kong mortgage rates remain low despite the US deciding to raise interest rates. It will not negatively affect home-buying interest Virginia Kao, head of sales and marketing at Poly Property (Hong Kong) “Hong Kong mortgage rates remain low despite ... ( read original story ...)

Feb 28 New mortgage loans drawn down in Hong Kong totalled HK$25.2 billion ($3.25 billion) in January, down 14.9 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Tuesday. Following is the breakdown of data from the authority ... ( read original story ...)

The difference is that Singapore has met its target in full while Hong Kong delivers only 47 per cent (and these are not the same type of units). The government could easily restore the market for mortgage loans for eligible households with low and middle ... ( read original story ...)