Tag: property

HSBC cuts mortgage interest rates ahead of big week for BoE; LSEG defiant as six held for ‘plot to disrupt trading’ - ...

It has no impact on the housing market,” Tsang said. Earlier in September 2022, the Hong Kong Monetary Authority (HKMA) relaxed its stress-test requirements for new mortgage borrowers by 100 basis ...

Buyers snapped up nearly 60 per cent of 165 units on offer at the Phoenext project in Wong Tai Sin, while shunning more expensive flats at KT Marina.

Hong Kong’s property companies face a squeeze in 2024 from rising funding costs and sluggish home sales and office rentals, making creditors and investors cautious about developers’ financial health.

The move comes hours after US and UK forces launched strikes against the rebels in Yemen, seeking to halt their repeated attacks on shipping in the Red Sea.

Hong Kong's property companies face a squeeze in 2024 from rising funding costs and sluggish home sales and office rentals, making creditors and investors cautious about developers’ financial health.

The deep freeze in what was the world’s hottest property market is prompting a significant shift in strategy by home owners in Hong Kong.Most Read from BloombergGoogle Lays Off Hundreds in Hardware, ...

Based on JLL's latest Hong Kong Residential Market Monitor Report, JLL forecasts annual private housing completion in 2026-2028 to decrease 44% compared to 2023-2025.

This would be the first time Hong Kong's government has not rolled out any residential sites in a quarterly sale, analysts said, highlighting weak demand in one of the world's most expensive property ...

Property transactions in Hong Kong descended to the lowest level in 33 years in 2023 as sentiment among potential homebuyers was submerged under a deluge of poor economic news and high interest rates, ...

Geopolitical tensions, a strong local currency and talent drain are among the reasons for Hong Kong’s disappointing post-COVID recovery, says a University of Hong Kong lecturer.

Sun Hung Kai Properties accounted for over a quarter of the 11,011 residential units that changed hands in 2023, topping Hong Kong's property sales table; Citigroup expects SHKP t ...

Transactions in 2023 fell 2.7 per cent year on year to 58,023, while value fell 13.9 per cent to HK$477.6 billion (US$61 billion), Centaline says. Property agents see growth ahead given positive ...

Property Management Services Authority urges Environmental Protection Department to offer a six-month transition period for the scheme Only five to 11 per cent of polled companies say they have ...