Tag: property

He said the government is waiting for the right timing to relax the mortgage curbs but it remains prudent. People with inadequate financial ability will be worst affected if Hong Kong's property market experiences price corrections, he added. The ratio of ... ( read original story ...)

HONG KONG — Here’s a scary statistic ... remarks made on Monday to legislators by Financial Secretary Paul Chan, who noted the ratio of mortgage payments to median household income hit 68% in the third quarter, compared with a 45% average between ... ( read original story ...)

The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority announced the results of the residential mortgage survey for November 2017 today (December 29). The number of mortgage applications in November ... ( read original story ...)

Mortgage fraud need not be as elaborate as the deal between Zhu and Lei. Simple bribery can also be effective. A Hong Kong property investor surnamed Fu, who declined to give his full name because he was admitting criminal behavior, told Reuters that ... ( read original story ...)

Hong Kong stocks began the morning session on Monday higher following broad gains in the US last week, while mainland markets slipped. The Hang Seng Index opened up 0.26 per cent, or 80.45 points, at 30,895.09 after notching up the best weekly gain since ... ( read original story ...)

Wooded hillsides, craggy ridges and wheeling birds of prey are a world away from Hong Kong’s skyscrapers – but the city’s country parks are a necessary balm for its stressed out residents. With some of the world’s highest property prices ... ( read original story ...)

HONG KONG -- The Hong Kong property market seems untameable. Already among the most expensive in the world, Hong Kong properties continued to see strong demand in 2017 despite cooling measures implemented by the government. In 2017, property transactions ... ( read original story ...)

HONG KONG -- The Hong Kong property market seems untameable. Already among the most expensive in the world, Hong Kong properties continued to see strong demand in 2017 despite cooling measures implemented by the government. In 2017, property transactions ... ( read original story ...)

According to JLL's latest Property Market Monitor released this week, net take-up in Hong Kong's overall office market amounted to 68,800 sq. ft in November 2017, with average monthly rent reaching HKD 71.7 per sq. ft -- 0.3% higher than in October 2017. ( read original story ...)

Public and private housing blocks are seen in Hong Kong. Private home prices in Hong Kong rose by 1.08% in November, marking the fastest pace of growth in six months, according to data compiled by the Rating and Valuation Department released yesterday. ( read original story ...)

HONG KONG (Reuters) - Hong Kong’s private home prices broke historic records for the 13th straight month in November, with the ascent showing no immediate signs of ending and analysts expecting the rise to continue into next year. Private home prices ... ( read original story ...)

The regulator of property agents in Hong Kong has issued guidelines for the sale of uncompleted overseas properties by local agents following repeated complaints by buyers, a move supported by companies in the sector. The Estate Agents Authority issued a ... ( read original story ...)

A group of four Hong Kong property companies including C C Land Holdings Ltd. has agreed to buy a majority stake in a skyscraper planned for the City of London financial district, two people with knowledge of the plan said. The investors will also fund the ... ( read original story ...)

Some people will always complain that a glass is half empty rather than be glad that it is half full. Here at last, comes the remedy to the high home prices about which everyone has complained for years, and what are we told instead? Homebuyers hit. ( read original story ...)