I refer to the report on the Hong Kong Monetary Authority chief rejecting lawmakers’ calls to relax mortgage policies, citing the overheated market (“Hong Kong Monetary Authority chief Norman Chan rejects calls to relax mortgage policies”, February 5). ( read original story ...)
January mortgage loans rise to HK$38b
Home buyers borrowed HK$38.1 billion in January, an increase of 37.1 percent from December, the Hong Kong Monetary Authority said today. The number of mortgage applications increased month-on-month by 34.8 percent to 14, 179. Among the mortgage loans ... ( read original story ...)
Residential Mortgage Survey Results for January 2018
The Hong Kong Monetary Authority (HKMA) announced the results of the residential mortgage survey for January 2018 today (February 28). The number of mortgage applications in January 2018 increased month-on-month by 34.8% to 14 179. Mortgage loans approved ... ( read original story ...)
UPDATE 1-Hong Kong Financial Secretary projects gradual pressure on property market as prices hit fresh highs
HONG KONG, Feb 28 (Reuters) - Hong Kong’s Financial Secretary said on Wednesday the city’s red-hot property market will gradually come under pressure as more flats hit the market and interest rates are expected to rise. Hong Kong is one of the most ... ( read original story ...)
Top Hong Kong developers step up expansion amid property boom
HONG KONG -- Top Hong Kong property developers are accelerating their pace of land-buying after a year-long slowdown, as the once-formidable mainland companies largely drop out of auctions. The restart of land expansion came after another record-breaking ... ( read original story ...)
Hong Kong’s Aoyuan has big plans in Vancouver, Toronto
Hong Kong’s Aoyuan Property Group went international for the first time with a development in Sydney, Australia in 2015. Now it has projects planned for Vancouver and Toronto. “It seemed like a logical extension from the market in Sydney, that’s very ... ( read original story ...)
Hong Kong’s Sun Hung Kai Properties records 36pc interim profit jump
“The earnings growth driver is Hong Kong property sales,” said Praveen Choudhary, a Morgan Stanley equity analyst in a research note. SHKP shares closed down 0.61 per cent to HK$129.80 on Tuesday before the results announcement. Looking ahead, chairman ... ( read original story ...)
Investment in Hong Kong’s Commercial Property Market Hits New Highs in January
According to JLL's latest Property Market Monitor, Hong Kong's property investment market continued to hit new highs in January 2018, riding on strong global investor interest. A total of four en-bloc office buildings were sold for a total consideration of ... ( read original story ...)
Rising house prices in Hong Kong increasing need for smaller flats
Hong Kong’s property prices have been escalating every month for the past 21 months, well above the rate of average wage growth despite the government imposing a range of curbing measures, and many buyers are being priced out. House prices in Hong Kong ... ( read original story ...)
Sky-high Hong Kong: can anything stop the property price boom?
Do what it may, the Hong Kong government seems powerless to rein in the territory’s booming property market. In January, the city was judged the world’s least affordable by US planning consultancy Demographia for the eighth successive year (the survey ... ( read original story ...)
Sky-high Hong Kong: can anything stop property price boom?
Do what it may, the Hong Kong government seems powerless to rein in the territory’s booming property market. In January, the city was judged the world’s least affordable by US planning consultancy Demographia for the eighth successive year (the survey ... ( read original story ...)
Sky-high Hong Kong: can anything stop the boom in property prices?
Do what it may, the Hong Kong government seems powerless to rein in the territory’s booming property market. In January, the city was judged the world’s least affordable by US planning consultancy Demographia for the eighth successive year (the survey ... ( read original story ...)
HNA property unit pledges 41 percent stake as collateral for loan
HONG KONG (Reuters) - A HNA Group unit said it has pledged about 41 percent of the company as collateral for a loan from a Hong Kong private equity firm, part of a slew of fundraising efforts by the Chinese conglomerate to address a liquidity crunch. ( read original story ...)
HNA’s Hong Kong Property Sale Eases the Pain of Shrinking
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