Hong Kong Peninsula Estate Hits Market for HK$280M

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 Currency Defense Kills Fixed-Rate Mortgage Market

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 ...)

What Can I Expect from Hong Kong Property Taxes?

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 ...)

HK property prices expected to rise up to 10pc

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 ...)