Tag: property

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 ...)

The two biggest mortgage lenders - Hongkong and Shanghai Banking Corporation and Bank of China (Hong Kong) - have raised their mortgage rates. But this did not deter some investors from rushing into t... ( read original story ...)

Assuming Pan, a permanent Hong Kong resident, already owns property there, he would have paid a 15 per cent levy in a regular transaction. Stamp duties are made ineffective because there’s a back door ... ( read original story ...)

According to JLL's latest August 2018 Property Market Monitor released this week, office rents in Hong Kong's Wanchai/Causeway Bay areas rose by 1.5% month-over-month in July 2018, their fastest pace ... ( read original story ...)

The Hong Kong Lands Department on Wednesday announced that a subsidiary of China Poly Property, has won a tender for a 3,689-square-metre (39,708 square feet) residential site in Yau Tong, in the sout... ( read original story ...)

The Hong Kong Lands Department on Wednesday announced that a subsidiary of China Poly Property, has won a tender for a 3,689-square-metre (39,708 square feet) residential site in Yau Tong, in the sout... ( read original story ...)

The opening of the Hong Kong-Zhuhai-Macau bridge later this year could further narrow the gap between Hong Kong and Macau house prices, both of which recently rose to an all-time high, according to pr... ( read original story ...)

HONG KONG, Aug 9 (Reuters) - Hong Kong’s top banks are hiking an important mortgage rate, piling pressure on borrowers and raising the risk of a slowdown in one of the world’s most expensive property ... ( read original story ...)