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Tag: property

Posted on 03/02/2022

Hongkongers snap up property in Taiwan as self-ruled island becomes a popular relocation option

Hong Kong residents bought a total of 158,614 square metres of property in Taiwan, accounting for 41.2 per cent of the total real estate acquired by foreigners, according to data from Savills. It was ... ( read original story ...)

Posted on 03/02/2022

Are Hong Kong property prices, like its hamsters, in the eye of the Tiger?

Today, property prices are high with interest rates low and you can obtain a 75 per cent mortgage kicking off at a 1.7 per cent interest rate. In 1992 I moved to Hong Kong with my young family and ... ( read original story ...)

Posted on 02/02/2022

Hong Kong housing market is likely to start the Year of the Tiger with a purr rather than a roar, say analysts

driven by the shortage of housing and a slower pace of interest rate rises in Hong Kong. The three biggest local property agencies all saw a dive in the number of viewings during the last weekend of ... ( read original story ...)

Posted on 01/02/2022

China Evergrande may be forced to sell Hong Kong land that it pledged for loan

Receivers has been appointed to control assets that China Evergrande (EGRNF) used as collateral for a $520M loan that was advanced to the company in January, 2021, the ... ( read original story ...)

Posted on 01/02/2022

Evergrande faces forced sale of Hong Kong land it pledged for loan

Receivers have been appointed over land in Hong Kong that China Evergrande Group used as collateral for a $520 million loan, but the sale of the plot won’t affect the company’s broader restructuring, ... ( read original story ...)

Posted on 01/02/2022

Hong Kong man, woman jailed on sedition charges for insulting judges, advocating independence

Property manager Kim Chiang, 41, and former vocational school clerk Chloe Cho Suet-sum, 46, were jailed for insulting local judges and advocating Hong Kong independence, respectively. ( read original story ...)

Posted on 31/01/2022

Demand for Hong Kong’s ‘nano flats’ could slow down, as prices dip and bigger homes become more affordable

Home seekers are likely to afford bigger living spaces during a softening property market,” said Michael Lee, associate director of professional real estate advisory and valuation at Prudential ... ( read original story ...)

Posted on 30/01/2022

Lunar New Year: Hong Kong soothsayers say Tiger will be good for Carrie Lam, and people will start travelling again

Rooster’ Lam will have it easy in Tiger Year, but will she run Hong Kong for another five years? Nobody’s saying. ( read original story ...)

Posted on 29/01/2022

Wheelock fails to find buyers for Koko Hills as latest coronavirus outbreak keeps Hong Kong’s property buyers at home

Wheelock failed to find any buyer for the 96 apartments on offer at its Koko Hills project in Kwun Tong as of 5:30pm, agents said The flats were priced at HK$21,491 (US$2,758) per square foot on ... ( read original story ...)

Posted on 27/01/2022

Property tycoon Ronnie Chan urges Hong Kong government to rethink tough Covid-19 stance

The billionaire chairman of Hang Lung Properties said the city's measures, which include strict social distancing rules, make life difficult for businesses Chan believes the Omicron variant sweeping ... ( read original story ...)

Posted on 27/01/2022

Hong Kong home prices rise for 13th straight year, with rising trend likely to sustain if city brings fifth wave of Covid-19 outbreak under control

The index for lived-in homes in December fell about 0.3 per cent to 392.5 from November, but rose 3.3 per cent on an annual basis The index retreated 1.4 per cent in the fourth quarter after reaching ... ( read original story ...)

Posted on 27/01/2022

China’s net gold imports via Hong Kong surge in 2021

China’s net gold imports via Hong Kong surged in 2021 despite a dip in December from the previous month, as consumers stocked up on bullion to shield against economic risks. Net imports for last year ... ( read original story ...)

Posted on 26/01/2022

Tycoons Keep Building Hong Kong Offices as Vacancies Jump

Vacant office stock in Hong Kong climbed to a record high in December to 9.1 million square feet (845,000 square meters) -- equivalent to nearly 158 football fields, according to real-estate services ... ( read original story ...)

Posted on 25/01/2022

Hong Kong residential market sluggish as mortgage debt levels hit record highs

Debts reached HK$1,720 billion in November 2021. Hong Kong mass residential values declined 0.2% across the board in Q4 2021. Savills notes that the private housing affordability ratio reached 56.8% ... ( read original story ...)

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