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Tag: property

Posted on 14/05/2024

Hong Kong banks face credit risks from property downturn, Moody’s says

BEIJING: The protracted property downturn in Hong Kong and mainland China could weaken credit strength of banks in Hong Kong, a Moody's report said on Tuesday.

Posted on 13/05/2024

Hong Kong property: CK Asset discounts #Lyos ‘nano flats’ by 32%, signaling the end of the fad for miniscule homes

The flagship developer of tycoon Li Ka-shing has slashed the price of some of the remaining flats at its project in the Northern Metropolis by almost a third compared with when it was first launched ...

Posted on 13/05/2024

Stocks power to a high on dividends, property

Hong Kong’s benchmark stock index jumped to a nine-month high on optimism over the potential scrapping of some dividend taxes and new initiatives to boost Chinese property purchases.

Posted on 10/05/2024

Hong Kong property: mortgage insurance hits 10-month high as transactions rise on curbs’ removal

The value of mortgage insurance rose to HK$13.71 billion (US$1.75 billion) in April, the most since HK$16.07 billion in June last year, data from mortgage broker mReferral shows.

Posted on 09/05/2024

Hong Kong property: mortgage insurance hits 10-month high as property easing fuels transactions

The value of mortgage insurance rose to HK$13.71 billion (US$1.75 billion) in April, the most since HK$16.07 billion in June last year, data from mortgage broker mReferral shows.

Posted on 09/05/2024

Global family offices flock to Hong Kong as property, stock market and Greater Bay Area opportunities act as magnet

Many families have been very positive about the removal of restrictions on real estate in Hong Kong, family office association chair Jessica Cutrera says Opportunities in the Greater Bay Area are also ...

Posted on 08/05/2024

Hong Kong property: New World and China Merchants Shekou to jointly develop Northern Metropolis project

State-owned conglomerate China Merchants Shekou Group has formed a partnership with New World Development to jointly develop a mixed-use project in the Northern Metropolis, with the residential ...

Posted on 07/05/2024

HK mortgage loans in negative equity surpasses 32,000 in March

The delinquency ratio also jumped to 0.06% from 0.03% previously. The number of residential units in Hong Kong that are now worth less than their mortgage loans have increased to over 32,000 in March, ...

Posted on 06/05/2024

Hong Kong property: most middle-income households see prices rising now restrictions are in the past, Citibank survey finds

More than half of middle-income households in Hong Kong believe house prices are poised to rally now that all of the restrictions in the market have been scrapped, according to a survey by Citibank.

Posted on 06/05/2024

Hong Kong property: mainland Chinese buyers snapping up 8 out of 10 new homes in some sales, agents say

Mainland Chinese buyers account for anywhere from 30 per cent up to 80 per cent of the sales in some recent launches, according to agents The strong return of mainland Chinese buyers is boosting hopes ...

Posted on 06/05/2024

Casino mogul Stanley Ho and first wife’s Hong Kong mansion listed for sale at $383M

The Hong Kong mansion where the late casino tycoon Stanley Ho lived with his first wife Clementina Leitão has been put on the market for HK$3 billion (US$383 million).

Posted on 05/05/2024

Aspiring homebuyers need to assess the risk

The real estate market is recovering slowly, but a big rebound is a distant hope with the Hong Kong Monetary Authority warning rates may stay high.

Posted on 04/05/2024

A Pinterest-driven Hong Kong micro-apartment with full-sized tub, roomy shower, built-in oven? Design duo make it a reality

Hong Kong apartment was remodelled to make the most of its living space and give it all the trappings of a more capacious home The one-bedroom property has a full-sized bathtub, spacious shower, three ...

Posted on 03/05/2024

Hong Kong Property Deals Hit Three-Year High in April

Real estate transactions registered in Hong Kong nearly doubled in April, hitting a three-year high, just months after the government took steps to revive the market. The number of deals surged to ...

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