The Hong Kong Housing Market: A Bubble About to Burst?

However, low-interest rates and reduced credit underwriting standards have encouraged mortgages, fueling demand. Currently, at this stage of Hong Kong’s economic environment, many critics predict the bursting of the housing bubble as prices continue to ... ( read original story ...)

Top Hong Kong developer’s property sales slip amid market boom

HONG KONG -- Hong Kong's largest developer by market capitalization, Sun Hung Kai Properties, booked 17% less in property sales at home for the year ended in June, despite a red-hot housing market where prices show no signs of abating. Property sales in ... ( read original story ...)

DBS Hong Kong launches VR mortgage app

DBS Bank (Hong Kong) has launched DBS Home360, a banking mortgage app in Hong Kong to leverage the power of real(i)ty, to change the way people embark on one of the most important decisions of their lives – buying a home. Partnering with realtor Century ... ( read original story ...)

Young Chinese Graduates Are Fueling Hong Kong’s Property Boom

As Hong Kong struggles with the world’s priciest housing market, a shortage in supply is being exacerbated by mainland Chinese students who come to study and then decide to stay. The graduates may help boost housing demand by 4,000 units a year in the ... ( read original story ...)

Hong Kong’s drawndown mortgage loans in July rise 1.2 pct m/m

Aug 31 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$32.4 billion ($4.14 billion) in July, up 1.2 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Thursday. Following is the breakdown of data from the ... ( read original story ...)

Hong Kong Housing Isn’t Really a Market

Flush with liquidity, banks have barely increased mortgage costs even as the Hong Kong Monetary Authority mirrors Federal Reserve rate increases. (The Hong Kong dollar is pegged to the U.S. currency.) A 25-year mortgage is available for as little as an ... ( read original story ...)

Ben Ng

Hong Kong has announced plans to launch a public annuity scheme through the government-owned Hong Kong Mortgage Corporation (HKMC). If you are planning for retirement, you will now face a fresh dilemma: Should you opt for... ( read original story ...)