Tag: property

Developers in Hong Kong are offering perks such as free rail tickets and early move-in dates in a further sign one of the world’s hottest property markets may finally be cooling. In a bid to shift apa... ( read original story ...)

It’s a great time to be a Hong Kong property agent. In some cases, developers are paying more than double their usual 3 per cent agent commission for selling a flat, as they get aggressive in paying a... ( read original story ...)

HONG KONG’s property market is one of the most expensive in the world. — HONG KONG TOURISM BOARD / ACTION IMAGES VIA REUTERS IN Hong Kong, a city of property superlatives, add this one: World capital ... ( read original story ...)

A law should be introduced under which property owners must contribute monthly to a building maintenance fund to sustain Hong Kong’s ageing neighbourhoods, the head of the city’s Urban Renewal Authori... ( read original story ...)

According to 2017 estimates, one in seven people in Hong Kong is a millionaire. And property prices in the country have increased to reflect the growing wealth of its inhabitants. Hong Kong has broken ... ( read original story ...)

Realtors on this side of the Pearl River estuary do not believe that the Hong Kong-Zhuhai-Macau Bridge (HKZMB) will significantly impact local property prices. The perspective follows a report ... ( read original story ...)

8 Chan Tan Ching-Fen Net worth $1.7 Billion Chan Tan Ching-fen sums up as the top eight richest women in Hong Kong with a net worth of about $1.8 billion. She is the wife of the late Chang Tseng-His w... ( read original story ...)

Despite all the warnings about a correction, we may never really see prices of prime property in the Mid-Levels or other core districts in Hong Kong drop, all because of the limited supply (“Hong Kong ... ( read original story ...)

In Hong Kong, a city of property superlatives, add this one: World capital of flipping office floors. Logistics heir Johnny Cheung Shun-yee made roughly HK$900 million ($115 million) in about nine mon... ( read original story ...)

The number of Hong Kong developers providing mortgages for homebuyers hit a record in the second quarter of this year, raising concerns over a possible rise in defaults should an increase in interest ... ( read original story ...)

A 650 square foot (60.4 square metre) flat on Hong Kong Island costs an average of HK$11.6 million ($1.48 million), according to July data from property agency Midland Realty. Soaring real estate ... ( read original story ...)

Hong Kong developer Swire Properties withdrew a luxury serviced ... and had decided to continue holding the property as a long-term investment. Taikoo Place Apartments will continue to operate as a se... ( read original story ...)

Hong Kong’s de facto central bank continued to intervene in the currency market, bringing the week’s spending to HK$16.76 billion (US$2.1 billion) of its US$432 billion in foreign reserves, as it defe... ( read original story ...)

Hong Kong residential property prices are expected to come under pressure as interest rates rise. Investment group CLSA predicts a 15 percent decline over the next 12 months. Some remain bullish as la... ( read original story ...)