Nixon Chan Lik-sang, the head of retail banking and wealth management at Hang Seng, expects the bank's mortgage business to be in line with the market's performance, "but it will surely fall short...
- Fri
- Oct 4, 2013
- Updated: 1:05am
Q: I planned to buy a flat. I heard that buyers have to face a tougher stress test under the new cooling measures released by the government. I'm wondering how it affects my purchase plan.
The initial public offering by Oi Wah Pawnshop Credit is tiny at just HK$98 million. But just for being the first pawnshop in Hong Kong to go boldly where no pawnshop has gone before, it has...
Oi Wah Pawnshop Credit started its mortgage business in 2009, with mortgage loans surging to HK$67 million in November last year from HK$4 million in February 2010.
A tenant who agreed to pay HK$850,000 a month for a 6,000-square-foot duplex flat at Opus Hong Kong on Stubbs Road near the Peak has cancelled the deal amid tightening housing policies that have...
It's still too early for any hard numbers telling us about the impact of the latest government measures aimed at making Hong Kong property more affordable for local buyers.
British house prices rose for the first time in five months in October as the market rebounded from a post-Olympic slump, research consultancy Acadametrics said.
Australian home-loan approvals rose in September for a second month as buyers responded to the central bank's interest-rate cuts.
The prospect of a housing surge is fraying mainland policymakers' nerves.
Lloyds Banking Group, Britain's biggest mortgage lender, posted a third-quarter loss after setting aside an extra £1 billion (HK$12.4 billion) to compensate clients mis-sold loan insurance.
Housing provident fund loan policies have been amended in more than 20 mainland cities to make it easier for applicants to raise loans, according to Centaline Property Agency.
British house prices fell for a fourth month in October and a property-market recovery is unlikely without sustained economic growth, analysts at Hometrack said.
In Case You Missed It
Login
SCMP.com Account
or
Log in using a partner site
Log in using your Facebook account. What's this?
Don't have an SCMP.com account? Subscribe Now!























