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Tag: property

Posted on 02/06/2023

Hong Kong property deals hit 4-month low in May due to fewer new launches and weak buyer sentiment, says Ricacorp

The number of property deals fell 8 per cent to 5,268 last month, according to Ricacorp data Boost from border reopening has started to fade, property agency says Property transactions in Hong Kong ...

Posted on 01/06/2023

Hong Kong mortgage loans down 21.2% in April

The number of mortgage applications also dropped by 27.6% to 8,368 applications. Mortgage loans approved by Hong Kong lenders decreased 21.2% in April, as the number of applications also dwindled, ...

Posted on 31/05/2023

Singapore Is Now The Most Expensive Asia-Pacific City To Buy Or Rent Private Property

Singapore's private sector homes have surpassed Hong Kong SAR as the most expensive in the region with a median price of US$1.2 million.

Posted on 31/05/2023

ING closes $404.8m infrastructure securities for the Hong Kong Mortgage Corp

ING also acted as the sole finance adviser for the issuance's sustainable tranche. ING has closed the $404.8m inaugural infrastructure loan-backed securities (ILBS) issuance, named the Bauhinia ILBS 1 ...

Posted on 31/05/2023

HKMC completes first issuance of infra loan-backed securities

The Hong Kong Mortgage Corporation Limited (HKMC) on May 30 announced the successful completion of its first issuance of infrastructure loan-backed securities under its pilot scheme on infrastructure ...

Posted on 31/05/2023

Singapore surpasses Hong Kong as Asia-Pacific’s most expensive housing market in price and rent

Private residential property in Singapore has surpassed Hong Kong as the most expensive in the Asia-Pacific region in terms of absolute prices, according to a report by the Urban Land Institute (ULI).

Posted on 31/05/2023

Hong Kong market enters bear territory as China manufacturing decline erodes investor faith in economic recovery

Hong Kong stocks tumbled into bear-market territory after a government report showed manufacturing in China continues to contract, sparking renewed concerns over the nation’s wobbly economic recovery.

Posted on 31/05/2023

Hong Kong renovation saga: all you need to know about modifying your flat and how to do it safely and legally

A video posted online showing a renovated flat led to an investigation into the modifications Homeowners should make sure they know which renovations need government approval Sharp-eyed internet ...

Posted on 30/05/2023

How can Hongkongers benefit from e-HKD? Consumers can draw comfort from its security, higher returns and even offline payments

Sixteen banks and payment companies have rolled out a dozen pilots of the e-HKD among small groups of customers using, as part of HKMA’s plan to introduce a central bank digital currency to the public ...

Posted on 30/05/2023

Hong Kong building authorities, MTR Corp order flat owner who modified load-bearing wall to take action to ensure structural safety

According to video and floor plans, part of the alleged load-bearing wall was modified to create a door in Lohas Park flat.

Posted on 30/05/2023

39 top overseas academics recruited under Hong Kong talent scheme, but some say shortage of lab resources, high property costs a deterrent

Limited lab space, lack of modern equipment, and high rents, putting off academic staff from overseas, foreign scientists say.

Posted on 28/05/2023

Are mainland Chinese buyers still in the mood for loving Hong Kong homes?

Recent data and trends, as well as anecdotal evidence, all point to mainland Chinese buyers going beyond Hong Kong in search of new property investments.

Posted on 27/05/2023

Hong Kong’s development chief says companies granted land at proposed technopole will be banned from leaving it vacant, arbitrarily selling or changing its use

Secretary for Development Bernadette Linn says maximising land premiums is not a top priority for San Tin Technopole Lawmakers and groups voice concerns over regulation of granted land lots, including ...

Posted on 25/05/2023

Historic villa in Hong Kong’s Pok Fu Lam acquired by PAG CEO Gradel for US$70 million

Villa Ellenbud, which was built in the 1920s and is a Grade III historic building, has been acquired by Christopher Marcus Gradel, official documents show.

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