A reverse mortgage pilot scheme to be launched this year has been fine-tuned, just two months after the plan was announced.Friday, 25 February, 2011, 12:00am
Covered Car Park, Caine Road, Mid-Levels West, Investment or self use - HK$530,000.
Listed on the internet on January 1, this advertisement has so far had 48 'hits' as a growing number of investors explore alternatives to conventional investment targets.19 Jan 2011 - 12:00am
Higher interest rates and the introduction of a broad-based property tax are needed to avoid the risk of a Chinese housing bubble, the International Monetary Fund warned.4 Dec 2010 - 12:00am
New home sales in mainland cities were mixed last month with Beijing and Tianjin recording a significant rise. But overall prices declined in July and a further drop is expected in the coming months, according to property consultant DTZ.
Beijing and Tianjin recorded month-on-month sales rises of 38.9 per cent and 24.6 per cent, respectively, the DTZ data showed.18 Aug 2010 - 12:00am
On Friday the Hong Kong government announced a clutch of measures aimed at cooling down the city's property market.
But anyone who hopes the government's latest steps will help them get a leg up on the property ladder by making Hong Kong's homes more affordable is likely to be disappointed.16 Aug 2010 - 12:00am
The aims of the new measures, and the steps being taken
Curbing market speculation
Ban on confirmor deals on uncompleted flats (Confirmors are investors who buy a property and resell it before the transaction is completed)
All buyers to forfeit 10 per cent of price if they pull out of a sale
Increasing land supply14 Aug 2010 - 12:00am
A think tank close to Chief Executive Donald Tsang Yam-kuen has proposed the introduction of reverse mortgages and housing insurance for the elderly to help ease their financial burden in retirement.10 Jun 2010 - 12:00am
At the time, it looked like a woefully bad call. Last Friday, Monitor argued that Hong Kong's asset markets would remain buoyant this year even if the US Federal Reserve were to begin raising interest rates sooner than generally expected.23 Feb 2010 - 12:00am
Property transactions are expected to fall in the fourth quarter after the sharp increase in house prices and the government's introduction of measures to control growth, according to analysts.28 Oct 2009 - 12:00am
The mortgage war between local lenders is escalating, as Hang Seng Bank joins the fray with a product offering mortgage borrowers zero interest for three months.
It is the first local lender to temporarily abolish interest charges to win market share in the latest round of the mortgage war.17 Mar 2009 - 12:00am
Buyers seek alternatives as banks tighten loans
Homebuyers are seeking out alternative lenders as banks adopt a conservative approach to approving home loans amid continuing worries about falling property prices.4 Oct 2008 - 12:00am
'The outlook for Hong Kong's housing market has become clouded with uncertainty as the near three-year cycle of retreating interest rates appears to be turning and borrowing costs look set to begin rising again.'
Property, July 23 Jul 2008 - 12:00am
Developers hope to improve their cash flows, but analysts say relief may not come soon
Mainland property developers caught in a credit squeeze have pinned their hopes for an improvement in their cash flows on signs of a rebound in market sentiment. However, relief may be some way off, warn analysts.9 Apr 2008 - 12:00am
The terms you choose, coupled with the type of loan you have - interest-only or capital-plus-interest - will affect the amount of your regular loan repayments and eventual cost of the mortgage.
In the case of a capital-plus-interest loan, a longer repayment term means a lower regular loan repayment, which will result in paying more interest.5 Mar 2008 - 12:00am
Hong Kong dollar option is a safer bet for residents buying homes overseas5 Mar 2008 - 12:00am