Tag: property

The Hong Kong Monetary Authority (HKMA) said on Thursday its survey found 262 cases of residential mortgage loans (RMLs) in negative equity – the value of the property fell below the outstanding balan... ( read original story ...)

Residential mortgage loans approved in December fell 20.7% compared with the previous month to $23.5 billion, the Monetary Authority announced today. Mortgage loans financing primary market transactio... ( read original story ...)

The aggregate value of home mortgage loans in negative equity at end-December added up to HK$1.18 billion and the unsecured portion of these loans amounted to HK$58 million, the Hong Kong Monetary Aut... ( read original story ...)

VC Wealth Management The Hong Kong banks are expected to gain from the first increase in the prime lending rate in 12 years, implemented in September 2018, as well as from an increase in the interbank ... ( read original story ...)

Hong Kong’s financial secretary will make this year’s official forecast next month, she said. Lam said high property prices and a shortage of land are the greatest challenges facing the city. “Creatin... ( read original story ...)

According to JLL's latest Hong Kong Property Market Monitor report, despite lingering uncertainty surrounding the global economy and a slumping local stock market, co-working operators remained a majo... ( read original story ...)

Hong Kong police have arrested five people from one of the largest Hong Kong real estate agency specialised in overseas properties, including its managing director, after at least 28 Hongkongers accus... ( read original story ...)

The plan to cut rebates for Hong Kong’s property owners may be dropped, the city’s leader said on Thursday. Chief Executive Carrie Lam Cheng Yuet-ngor made the announcement after lawmakers who had cal... ( read original story ...)

A possible increase in the amount first-time homebuyers can borrow as mortgage may encourage people in Hong Kong to chase expensive property, further driving up prices in the world’s most expensive pr... ( read original story ...)

Evergrande Health claimed on June 25 that it acquired 100% stake in the Hongkong-based Season Smart with an investment ... to approve financing plans and removing Season Smart's right to mortgage asse... ( read original story ...)

View photos The number of parking spots changing hands fell drastically in the second half of the year, from a peak of 1,348 in June to just 377 in November, the lowest for almost three years, accordi... ( read original story ...)

China Overseas Land and Investment has snapped up the last piece of Hong Kong government land this year as it took a second bite of the cherry at the old Kai Tak Airport. The top mainland property dev... ( read original story ...)

Ownership often symbolizes social status and privilege, and Hong Kong’s real estate values have skyrocketed over the last decade. Experts say growth will continue, given the combination of land scarci... ( read original story ...)

Hong Kong property prices have fallen sharply and look set to continue their downward trend until the end of 2019— but there's no danger of an all-out crash, experts said Monday. That's because resili... ( read original story ...)