Residential Property
Building boom begins in Hong Kong
Building boom begins in Hong Kong
Hong Kong braces for a housing boom in the next six years fueled by developers awash in cash from the prolonged low-interest regime.
NWL to build more homes in Hong Kong
Property firm New World Development Company Ltd reported a net profit for fiscal 2012 that was 11% higher than a year ago but below market forecasts...
Mortgage loans jump 29%
More used homes transactions caused Hong Kong’s approved mortgage loans to rise 29% in August from July.
Construction of residential homes on the rise
Construction of residential homes accounted for more than half of the total value of construction in Hong Kong during the second quarter.
Residential property market to shrink by a fourth
Hong Kong’s banks are in for more pain as the new and unduly strict rules to curb property speculation choke decelerating market growth even further...
HKMA sets restrictive guidelines to avert property bubble escalation
The Monetary Authority has issued tougher guidelines that order banks to tighten underwriting criteria for loans and to set a maximum loan tenor for...
Sun Hung Kai reports slowdown in operations
Hong Kong's efforts to contain rising property prices have slowed the growth of Sun Hung Kai Properties Ltd, the largest property developer in the...
Tsang warns anew against asset bubbles
Financial Secretary John Tsang is again warning about the risk of asset bubbles since the global economy remains in turmoil.
Hong Kong to restrict foreign homebuyers
Hong Kong’s government has announced rules that will severely restrict non-residents from buying property in the city.
Hong Kong home sales still weak
The number of homes sold in the first seven months fell 22% to 46,910 from the same period a year ago.
More residential buildings to rise in Hong Kong
Seven of the 14 building plans approved in Hong Kong in July went to residential developments.
Check out Hong Kong property prices post Home Ownership Scheme
Home prices hit a record high of 106.85 index points.
Luxury apartment market losing tenants
Monthly rents for a house on Hong Kong Island’s south side go for HK$125,000 a month.
Swire Pacific’s net profit plunges 65% to $8.44b in 1H12
Blame it on the worse-than-expected first half results that hit its affiliate, Cathay Pacific Airways Ltd.
Here's how HK property market struggled amid global lull
Market remained resilient thanks to investor interest, low lending rates and rising rental returns. According to Jones Lang LaSalle's quarterly...
Building and home sales slip 8.1% to 7,706
The total sales value of these transactions dropped 14% to $46.8 billion in July.
Home affordability ratio approaches danger level
A spike in Hong Kong’s home affordability ratio raises fears of future payment defaults by home owners.
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