s head of property and conglomerates research in Asia, citing buyers’ fears for the outlook of both the Hong Kong and Chinese economies. Home prices fell 13 percent during that downturn versus a decli... ( read original story ...)
Here Are Signs Hong Kong Housing May Be Headed for a Correction
Applications recorded the biggest month-on-month drop in 20 years in September, according to Centaline Mortgage Broker Ltd. The number of applications slid 56 percent to 7,977, the Hong Kong Monetary ... ( read original story ...)
Lawmaker takes loan at 18pc interest to buy Hong Kong property
Fox Hu, Shawna Kwan and Benjamin Robertson Just how attractive is Hong Kong property? A recent stock exchange filing shows that some people will continue to pay up for the chance to buy in. Hong Kong ... ( read original story ...)
Hong Kong home prices cool for 2nd straight month as investment conditions worsen
HONG KONG, Oct 31 (Reuters) - Hong Kong private home prices fell for the second straight month in September, as a global stock market rout and an intensifying Sino-U.S. trade war soured sentiment in t... ( read original story ...)
Negative equity returns to Hong Kong as small, older flats’ values drop by 20 per cent in a declining market
Many people who bought flats in the last couple of months have seen their value decline by as much as 20 per cent, according to up-to-date estimates by HSBC, Hong Kong’s largest mortgage provider. Hon... ( read original story ...)
Hong Kong’s New-Home Sales Tumble in First Data Since Rate Rise
Hong Kong’s new-home sales cooled, another sign of weakness in a property market that may be at risk of a correction. The transaction value so far in October is HK$11.2 billion ($1.4 billion), the low... ( read original story ...)
Negative equity returns to Hong Kong as small flats’ value drop by 20 per cent in a declining market
Many people who bought flats in the last couple of months have seen their value decline by as much as 20 per cent, according to up-to-date estimates by HSBC, Hong Kong’s largest mortgage provider. Hon... ( read original story ...)
Opponents of land reclamation ‘do not represent Hong Kong’, property tycoon Gordon Wu says
The collective voice of thousands of residents who marched to oppose a controversial multibillion-dollar reclamation project earlier this month “do not represent Hong Kong”, an outspoken property tyco... ( read original story ...)
New Hong Kong-Zhuhai-Macao Bridge to Benefit Regions Retail, Hotel Sectors
With the new Hong Kong-Zhuhai-Macao Bridge and other strategic infrastructure projects in the Pearl River Delta, both the city's economic development and the local retail, hotel and industrial propert... ( read original story ...)
‘Starter homes’ scheme targeting Hong Kong middle-class set for launch before end of 2018
A new kind of residence will be up for grabs among Hong Kong’s middle class later this year, as the government launches a “starter homes” scheme for those too poor to afford a flat in the world’s most ... ( read original story ...)
Hong Kong property magnate Walter Kwok dies, aged 68
Walter Kwok Ping-sheung, former chairman of Sun Hung Kai Properties, died at Hong Kong Adventist Hospital on Saturday morning two months after he was hospitalised following a stroke. Kwok, 68, was adm... ( read original story ...)
Lawmaker Takes Loan at 18% Interest to Buy Hong Kong Property
Just how attractive is Hong Kong property? A stock exchange filing from Tuesday evening shows that some people will continue to pay up for the chance to buy in. Hong Kong businessman and lawmaker Pete... ( read original story ...)
5 top areas in Hong Kong where investors love to buy properties
Hong Kong’s red-hot luxury property market attracts some of the top international property investors. These buyers have their own preferred areas where they like to invest. The Peak, for example, enti... ( read original story ...)
Hong Kong Developers Consider $6 Billion Debt for Housing Project
A consortium of Hong Kong property firms led by Henderson Land Development Co. is in talks with banks to raise about HK$46 billion ($5.9 billion) via bonds and loans to fund a residential project in t... ( read original story ...)