Tag: property

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 ...)

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 ...)

Hong Kong banks may increase lending rates for the first time in 12 years as early as September, meaning bad news for the city’s home mortgage borrowers and credit card holders as well as for companie... ( read original story ...)