Hong Kong aims to introduce a progressive rating system for residential properties that would see owners of pricier flats paying more in property rates, the city’s financial chief announced on ... ( read original story ...)
Govt to raise mortgage cap for homebuyers
Financial Secretary Paul Chan on Wednesday announced the government will make it easier for property buyers to obtain mortgages for pricier flats – ... ( read original story ...)
Budget 2022-23: Hong Kong offers office and retail rental relief for city’s small businesses
All small businesses will be allowed to defer their retail and office rental payments by up to six months, Financial Secretary Paul Chan said in his budget briefing on Wednesday. ( read original story ...)
Cantopop star Joey Yung sells Hong Kong flat at loss, leading exodus from property market amid city’s Covid-19 surge
Canto pop star Joey Yung has sold her flat in Causeway Bay at a loss of about HK$1.1 million (S$190,000), according to sources familiar with the deal, joining a wave of Hongkongers selling their homes ... ( read original story ...)
Hong Kong’s Biggest Developer Offers Land for Covid Isolation
Hong Kong’s biggest property developer offered to make land and commercial properties available to the government to help contain the city’s Covid-19 outbreak. ( read original story ...)
Hong Kong’s tiny apartments increase pain of Covid-19 isolation
The median area of accommodation for each resident was about 15 sq m as of 2016. . Read more at straitstimes.com. ( read original story ...)
Joey Yung, Who Owns 12 Properties In Hongkong, Reportedly Sold Her Causeway Bay Apartment At A S$191K Loss
Like many celebs, Cantopop diva Joey Yung has a keen eye for property and has been actively investing in real estate for many years. The 41-year-old, who is considered one of Hongkong’s richest stars ... ( read original story ...)
Zurich Hong Kong integrates ESG strategy into ILAS Scooping awards in Benchmark Wealth Management Awards 2021
2 Annual statistics of the Insurance Authority on Hong Kong long term insurance business from January ... With about 56,000 employees, it provides a wide range of property and casualty, and life ... ( read original story ...)
Hong Kong budget 2022-23: ‘higher rates for owners of multiples, pricey flats, but needy set for more handouts’
The finance chief will reveal that owners of multiple, pricey properties in Hong Kong will pay more tax and lose some concessions ... is expected to be the results of a government review of property ... ( read original story ...)
Why the Northern Metropolis development strategy won’t lead to a fall in Hong Kong home prices
Finally, a question for existing property owners is whether they have ever seen Hong Kong housing prices tumble because of a new town development announcement? Since the 1960s, the Hong Kong ... ( read original story ...)
Galliard sets up Hong Kong sales office to serve rising demand for UK homes by BN(O) migrants
United Kingdom developers are lining up to set up offices in Hong Kong to serve the hundreds of thousands of Hongkongers who are expected to buy homes there under the fast-track British National ... ( read original story ...)
Conceptual art the focus of couple’s new gallery in Hong Kong, particularly the works of women and queer artists
Couple launch their new gallery with a leaning towards conceptual art and a focus on showing the work of women and queer artists. ( read original story ...)
Hong Kong families face average wait of 6 years for public housing, marking 23-year high
About 250,000 needy families face an average wait of six years for a public flat in Hong Kong, the longest duration in more than two decades, according to official figures released on Monday. The ... ( read original story ...)
Hong Kong ramps up isolation facility plans as COVID-19 infections climb
On Friday, Lam said Hong Kong had identified more than 20,000 hotel rooms for quarantine accommodation, with property developers piling in to show support. Henderson Land said it would provide rural ... ( read original story ...)