Hong Kong commercial land sold at record price

In terms of price per square foot, Henderson's purchase still held the record at about HK$50,000, compared to about HK$13,000 paid by Nan Fung at the Kai Tak site, said Denis Ma, research head at property consultancy JLL Hong Kong. "The price is a bit of a ... ( read original story ...)

Hong Kong’s drawndown mortgage loans in April fall 15 pct m/m

May 31 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$21.2 billion ($2.72 billion) in April, down 15.0 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Wednesday. Following is the breakdown of data from ... ( read original story ...)

Hong Kong homebuilders to face tougher limits on bank borrowing

The HKMA hopes that by cutting the amount of financing available to the homebuilder it will discourage the developers from offering generous mortgages to buyers – something seen by most observers as hindering efforts to deflate Hong Kong’s sizzling ... ( read original story ...)

Hong Kong tightens rules on bank loans for property developers

HONG KONG May 12 Hong Kong on Friday imposed stricter restrictions on bank lending to developers, warning there was a need to review credit risks posed by property companies in one of the world's most expensive real estate markets. Home prices in Hong Kong ... ( read original story ...)

Hong Kong’s drawndown mortgage loans in March rise 17.8% m/m

HONG KONG: New mortgage loans drawn down in Hong Kong totalled HK$24.9 billion in March, up 17.8 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from HKMA: 2017 2017 March Feb M/M ... ( read original story ...)

Hong Kong's drawndown mortgage loans in March rise 17.8 pct m/m

April 28 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$24.9 billion in March, up 17.8 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from HKMA: 2017 2017 ... ( read original story ...)