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Tag: property

Posted on 27/04/2023

Singapore’s 60% Property Tax Makes London, New York Look Cheap

Singapore has the highest property tax rate for foreign buyers among major global markets after the city-state doubled the duty Thursday.

Posted on 26/04/2023

Men and property owners likelier to use fintech in Hong Kong, PolyU survey shows

The correlation exists in virtual bank services, online brokerage services, virtual insurance, and virtual assets, but more women adopt digital payments The survey also finds adoption gaps in ...

Posted on 25/04/2023

Abby Choi murder: Hong Kong subsidised housing purchase rules to be changed to close loophole allowing homeowners to buy properties after her former father-in-law found to own …

Public housing tenants who already own a property to be banned from buying subsidised homes, source says Move comes in wake of revelation that former father-in-law of murdered model Abby Choi owned ...

Posted on 25/04/2023

Abby Choi murder: subsidised housing purchase rules to be changed to close loophole allowing homeowners to buy properties after her former father-in-law found to own flat under …

Public housing tenants who already own a property to be banned from buying subsidised homes, source says Move comes in wake of revelation that former father-in-law of murdered model Abby Choi owned ...

Posted on 25/04/2023

Stock markets today: Global markets lower before US earnings

Shanghai and Hong Kong declined while Tokyo advanced ... Higher rates have slowed U.S. housing sales by making mortgages more expensive. Manufacturing and other areas of the economy have also shown ...

Posted on 25/04/2023

Stock markets today: Asia mixed ahead of US earnings

Asian stocks are mixed after Wall Street edged higher as investors awaited U.S. earnings reports and an update on economic growth ...

Posted on 23/04/2023

Shanghai’s Xuhui district entices Hong Kong businesses with subsidies, offers 12 plots of land to Hong Kong developers

The centrally located and historically significant district offers up to US$2.5 million in subsidies for Hong Kong businesses and professionals, and welcomes bids on 2 million square metres of land.

Posted on 22/04/2023

Shenzhen scraps use of guide prices in mortgage applications to boost homebuyers’ spending power, revive flagging market

Home loans will no longer be pegged to the reference prices that were imposed in February 2021 to curb the soaring home prices blighting the market at the time, said several agents and landlords who ...

Posted on 20/04/2023

New ‘calculator’ tells you the size of property you can afford in over 65 countries

A new online calculator allows a person to find out what size property they could afford in different parts of the world. The Property Price Calculator has been created by Forex Suggest which shows ...

Posted on 20/04/2023

Cryptocurrency is property in Hong Kong, court rules for the first time, bolstering city’s efforts to promote industry

In a case involving now-defunct crypto exchange Gatecoin, a court ruled that cryptocurrencies are property that can form the subject of a trust The landmark ruling gives legal basis to what many ...

Posted on 19/04/2023

Hong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin

The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said.

Posted on 19/04/2023

Hong Kong High Court recognizes cryptocurrency as property for the first time

Hong Kong has taken the lead in improving cryptocurrency regulations for digital assets and exchanges within the city. Recently, the High Court of Hong Kong made a landmark ruling by declaring ...

Posted on 18/04/2023

Hong Kong’s property market to show ‘obvious’ improvements in September amid slow recovery, association head says

Government should scrap market cooling measures as they 'prevent earth from spinning', says Stewart Leung from Real Estate Developers Association of Hong Kong Chief Executive John Lee dismisses ...

Posted on 18/04/2023

Hong Kong Mansion Sells for $74 Million After Border Reopens

A new mansion in Hong Kong has sold for HK$577 million ($73.5 million) in a sign activity in the luxury property market is starting to pick up following the reopening of the city’s borders.

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