Homebuyers flocked to a second round of sales at Henderson Land Development’s Belgravia Place project on Thursday amid expectations that first-hand sales are likely to hit a 40-month high in March.
Hong Kong Monetary Authority asks banks to exercise caution when offering property loans for speculative ‘confirmor sales’
HKMA expects banks 'to put in place effective risk-management policy, procedures and controls to manage the additional risks associated with such transactions', according to email seen by the Post But ...
Sun Hung Kai Properties in pole position to benefit from Hong Kong’s property easing measures, analysts say
Developer's HK$23 billion (US$2.9 billion) sales target for financial year 2024 is 'conservative', could exceed HK$30 billion or go even higher: CGS-CIMB Securities 'SHKP should be among the prime ...
Mainland Chinese buyers thronging to Hong Kong property sales in search of returns after removal of curbs, industry insiders say
The removal of all property sector cooling curbs in Hong Kong has sparked immediate interest among mainland Chinese buyers, who still perceive real estate in the city as a lucrative investment option ...
Hong Kong property: Henderson Land’s Belgravia Place residential project in Cheung Sha Wan a hit with buyers
Hundreds of prospective homebuyers rushed to seize units at Henderson Land Development’s new project on Sunday, the first major residential sale after the government removed all property curbs in the ...
‘Worst is over’ for Hong Kong property even though sales dropped to four-month low in February, analysts say
The same day, the Hong Kong Monetary Authority (HKMA) also relaxed its mortgage policies to allow homebuyers to borrow more for buying properties. NWD to tap improved sentiment by bringing property ...
Hong Kong Property Agent’s 30% Jump May Extend as Buyers Return
Midland, as the only property agency publicly traded in Hong Kong and thus a proxy of the sector, stands to be a main beneficiary if such recovery comes to fruition.
Hong Kong relaxes decade-old lending curbs, granting more mortgages to homebuyers and offices to bolster city’s ailing property market
Hong Kong's monetary authority has relaxed the city's decade-old lending curbs, granting more mortgage borrowing to homebuyers, rental property and offices, after high interest rates turned the city's ...
Hong Kong scraps property taxes to revive sluggish market
The Hong Kong Monetary Authority also relaxed mortgage rules on Wednesday, allowing homebuyers to borrow more, and eased an income-related stress test. Louis Chan of Centaline Property Agency told AFP ...
Hong Kong Takes Drastic Action to Avert Property Slump
Hong Kong has taken a bold step to ease a real-estate slump, scrapping a series of property taxes in an effort to turn around a market that is often seen as a proxy for the city’s beleaguered economy.
Hong Kong relaxes lending rules, granting more mortgage loans to homes below HK$30 million to bolster property market
Homes worth less than HK$30 million (US$3.83 million) will be entitled to 70 per cent mortgage financing, compared with the previous 60 per cent credit Residential property that are valued at more ...
Hong Kong property players hope authorities lift cooling measures in upcoming Budget
HONG KONG: Hong Kong finance chief Paul Chan is widely expected ... But people must consider many other factors like the mortgage. That's why the purchasing is not as hot as before,” said Mr Mok.
Hong Kong property: discounted Mid-Levels luxury homes entice buyers amid loan distress as rates outlook improves
Will rolling back stamp duties put Hong Kong’s property market back on track? In another recent transaction, a 420-sq ft unit at The Arch in Tsim Sha Tsui was sold at HK$11.25 million last week, or 25 ...
Hong Kong Property Tycoons Weather Worst Slump In Two Decades With Little Relief In Sight
Lessons learned in the 1997-2004 slump helped some weather the storm while others were buffered by investments in luxury malls and non-property assets.