Tag: property

A rare residential property with panoramic sea views in Kowloon, one of the three main islands in Hong Kong, has hit the market for the first time in over 30 years, asking HK$280 million (about US$35.68 million). Located on the northeast point of Little ... ( read original story ...)

Hong Kong’s banks, blindsided by rising funding costs due to the city’s costly defense of its currency peg, are clamping down on popular fixed-rate mortgages. These loans were provided at 1.68 percent for the first year of a new mortgage, lower than ... ( read original story ...)

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: I am trying to get the full financial picture of buying in Hong Kong, where real estate prices are sky high. What is the property tax there like? ( read original story ...)

HONG KONG -- According to a legend passed around among Hong Kong's laborers, the city is protected by an invisible force field that keeps tropical storms from coming ashore during the workday. The source of this supernatural power, they say, is business ... ( read original story ...)

But Wong Leung-sing, associate director of research at the property consultancy firm Centaline, said the boom in nano flats was not an issue. “Many young people want to live independently and they prefer smaller flats,” Wong said. “Hong Kong is a ... ( read original story ...)

Hong Kong’s housing market is not signalling the exuberance normally associated with a bubble, according to analysts, who say further price gains should be expected this year, even as starter homes have already become unaffordable for some young buyers. ( read original story ...)

Colliers International, a US based real estate service company, expects an 8 to 10 percent price growth for Hong Kong mass residential property and a 3 to 5 percent growth for luxury property market in 2018. Overall, Hong Kong property market will remain ... ( read original story ...)