Tag: property

The waiting time for a public rental property currently stands at 6.1 years, a 23-year high 'There is no reason to help people buy houses when the situation is so critical,' says Joseph Tsang, ... ( read original story ...)

Buying uncompleted properties overseas comes with inherent risks and buyers should seek professional advice before taking any decision The Estate Agents Authority has embarked on several campaigns, ... ( read original story ...)

HONG KONG -- Chen Peng put his entire life savings, and that of his parents, into a 300,000 yuan ($44,000) down payment for a condominium that should have been finished in 2018. Four years later ... ( read original story ...)

HSBC HOLDINGS (00005.HK)'s Hong Kong mortgage business involves the HIBOR-based mortgage interest rate cap, according to Group Chief Financial Officer Ewen Stevenson, who expected the weight to be ... ( read original story ...)

Hongkong Land (OTCMKTS:HNGKY – Get Rating) and Alset EHome International (NASDAQ:AEI – Get Rating) are both finance companies, but which is the better investment? We will contrast the two businesses ... ( read original story ...)

A unit of embattled Chinese developer Evergrande has failed to repay its loans and must pay a guarantor $1.1 billion, the company said in a Hong Kong stock exchange filing. ( read original story ...)

The statement comes amid a mortgage boycott by homebuyers that has delivered another ... co-founder of MegaTrust Investment (Hong Kong), a boutique China asset manager. “What the real estate market ... ( read original story ...)

There were 1,382 primary sales during the month. Sales activity in Hong Kong’s residential market slowed down in June. Knight Frank reveals there were a total of 4,826 transactions recorded, dropping ... ( read original story ...)

Buyers on Saturday snatched up 78 per cent of the 336 units on offer at Sun Hung Kai's Novo Land development in Tuen Mun Demand was fuelled by steep discounts offered by the developer and speculation ... ( read original story ...)

Hong Kong Financial Secretary Paul Chan said on Thursday the property market remains resilient although sentiment will be dented by increased mortgage payments amid higher interest rates. ( read original story ...)

They will have to weigh what they expect to save on the deal against the cost of higher mortgage repayments. Estimates of price falls of up to 20 per cent as higher rates kick in are only speculation. ( read original story ...)

Will not be surprised if prices come down by 20 or 30 per cent, JLL chairman tells 2022 SCMP China Conference Hong Kong's prime rate set to revisit 2005 to 2007 levels of 7 to 8 per cent next year, ... ( read original story ...)

Troubled Chinese property developer Evergrande has found a potential buyer for its Hong Kong headquarters, reports said Thursday, days before an expected announcement of the firm’s long-awaited ... ( read original story ...)

The lived-in home index fell 1.1 per cent to 380.5 in June, the lowest since December 2020, according to data from the Rating and Valuation Department The 1.1 per cent price decline in June was the ... ( read original story ...)