People who haven’t bought a home are certainly hoping prices will fall, but those who already own property, on the other hand, are hoping prices will stay put,’ he says.
Hong Kong’s property prices won’t pop any time soon. Here’s why
Hong Kong leader John Lee this week eased the city's decade-old residential property cooling measures — but will it be enough to boost market sentiment?
John Lee policy address 2023: record 410,000 new public flats in Hong Kong, shorter waiting time over next decade
Lee also announced measures to help Hongkongers from the lower-to-medium income group to buy second-hand subsidised homes by extending the mortgage default guarantee of subsidised flats from 30 to 50 ...
Hong Kong Cuts Stock, Housing Taxes to Revive Role as Hub
Hong Kong is slashing extra stamp duties for some homebuyers and reversing a pandemic-era increase in stock trade levies as officials seek to boost the beleaguered property sector and revive the ...
Hong Kong slashes property stamp duty for citizens and foreign residents
Hong Kong took the brakes off its property market Wednesday, easing key duties on purchases implemented over a decade ago to cool the territory's red-hot real estate prices and prioritize local ...
Hong Kong’s moribund luxury property market unlikely to be resuscitated by chief executive’s policy speech
Hong Kong Chief Executive John Lee Ka-chiu's policy speech is expected to unveil some rollback of the property cooling measures announced earlier The transaction volume for residential properties ...
Hong Kong’s John Lee upbeat on coming policy address, says 8,700 views from public consultation helped set priorities
Hong Kong leader John Lee Ka-chiu on Tuesday voiced confidence in his coming policy address, pointing out that the 8,700 views garnered in a public consultation process had helped him set priorities.
Hong Kong’s Property Market Unlikely to be Stirred by Cooling Measures Relaxation
As the Hong Kong skyline looms large over the South China Sea, the city's economic pulse throbs in tune with the rhythm of its property market. A market known for its fiery pace and volatility, the ...
Will rolling back stamp duties put Hong Kong’s property market back on track?
In the third of a three-part series on John Lee’s policy address, Salina Li and Cheryl Arcibal look at the impact of the policy and monetary moves since 2009 to cool home prices. Now, stakeholders ...
Hong Kong Policy Address: What might be among this year’s measures?
Ahead of Chief Executive John Lee’s second Policy Address on Wednesday, when he will lay out measures for the years ahead, local media has been busy reporting on what it might contain. While the city ...
Hong Kong property market woes pile pressure on government
After nearly a year of calls with real estate agents, Ms. Chan was relieved to finally sell her 400-square-foot, top-floor apartment in Hong Kong's northern residential district of Yuen Long for 5.8 ...
Hong Kong policy address 2023: will rolling back stamp duties lift Hong Kong’s housing market out of the doldrums?
Developers and market observers urge the government to rescind the decade-old debilitating stamp duties to lift property prices and boost transactions Hong Kong's property prices have fallen by nearly ...
A landslip in Hong Kong fuels resentment of the rich
Hong Kong’s systems of planning often look dysfunctional. One guess is that as many as one in four properties in the territory have been altered or extended without the right permissions. Canopies on ...
Hong Kong stocks dip amid worries about China’s property crisis and an intensifying Middle East conflict
Hong Kong stocks erased gains as traders looked past China’s upbeat GDP data amid worries about the festering property crisis in the world’s second largest economy and the intensifying Israeli-Hamas ...