Chief Executive Carrie Lam says government hopes to allow residents, including those waiting for public housing, to ‘leapfrog’ renting and purchase homes instead Hong Kong is considering a new ... ( read original story ...)
Hong Kong: Property sales up for whole of 2021
The total consideration for these agreements for 2021 was $917.84 billion, up 46.1% year-on-year and a 32.6% up compared with 2019. The number of assignments of building units for 2021 was 117,459, up ... ( read original story ...)
Hong Kong considering new mortgage scheme that would slash down payments, monthly instalments for subsidised flats, city leader says
Chief Executive Carrie Lam said the government hoped to enable citizens, including those waiting for public housing, to ‘leapfrog’ renting and purchase homes instead Hong Kong is considering a new ... ( read original story ...)
CE mulls special mortgage plan for subsidised flats
Chief Executive Carrie Lam said the government will consider introducing special mortgage arrangements for prospective subsidised flats buyers, to ... ( read original story ...)
Sun Hung Kai Properties replaces New World Development as Hong Kong’s biggest developer by sales
New World Development suffered a setback in the summer when construction defects forced it to tear down and rebuild two towers at its popular Pavilia Farm project in Tai Wai, cancelling dozens of ... ( read original story ...)
Hong Kong’s housing market demonstrates its resilience and and will continue to roll with the punches in 2022
Hong Kong’s property market has a way of adapting to shocks, so don’t be surprised if spots like Red Hill, Regalia Bay and Tai Tam enjoy price gains of up to 10 per cent this year, says Habitat ... ( read original story ...)
Property Stocks Sink After Demolition Order: Evergrande Update
Chinese developer shares dropped following local media reports that China Evergrande Group has been ordered to tear down apartment blocks in a development in Hainan province. Evergrande halted trading ... ( read original story ...)
The Better Dividend Share: Hongkong Land Holdings Limited vs. UOL Group Limited
Hongkong Land Holdings Limited (SGX: H78) and UOL Group Limited (SGX: U14) are both property giants that are listed on the Singapore stock market. Over the last five years, Hongkong Land’s shares have ... ( read original story ...)
The turmoil in Hong Kong stems in part from its unaffordable housing
By not changing Hong Kong’s economic system, China has helped to generate extreme inequality, due largely to the extraordinary expense of housing. A coterie of tycoons with a lock on the property ... ( read original story ...)
Flood of wealthy Hong Kong residents hopeful of buying Australian property
A flood of potential property buyers from Hong Kong are approaching local migration agents, hoping to secure Australian residency ahead of buying homes in Sydney and on the Gold Coast. A Chinese ... ( read original story ...)
Hong Kong protests planned for mob-attack subway as bank warns of economic fallout
Hong Kong-based Bank of East Asia Ltd (BEA) posted a 75% slump in first-half net profit after it wrote down loans in China because of a downturn in commercial property markets outside China’s ... ( read original story ...)
Penang may see more interest from Hong Kong investors
The current unrest and chaos in Hong Kong may create more business and property sale opportunities in Penang, says Chief Minister Chow Kon Yeow. He said Penang had always been a destination for ... ( read original story ...)
Hong Kong, China investors hold fire over Vancouver commercial property, but prices unlikely to crash, analysts say
Foreign investors, including those from Hong Kong and mainland Chinese, largely stayed out of commercial real estate in Vancouver, Canada’s second-largest investment market, in the first half of 2019 ... ( read original story ...)
Hong Kong Property Market Withstands Unrest Roiling Economy
Protesters gather in Admiralty, Hong Kong on Aug. 18. “If the project is appealing, the customers will come out for sure. This project’s location is ideal and the pricing is attractive,” said Tony Cho ... ( read original story ...)