The government should provide low-interest or interest-free loans to young homebuyers, a think tank suggested, after a survey found nearly 70 per cent of those planning to enter the housing market prefer private property to subsidised housing.Friday, 13 July, 2012, 12:00am
The government should provide low-interest or interest-free loans to young homebuyers, a think tank suggested, after a survey found nearly 70 per cent of those planning to enter the housing market prefer private property to subsidised housing.13 Jul 2012 - 12:00am
Hong Kong government officials are still warning about the dangers of a property market bubble. Speaking before the Legislative Council this week, Financial Secretary John Tsang Chun-wah insisted 'the risk of the property bubble remains'.12 Jul 2012 - 12:00am
Chongqing native Chen Shuming has stuck resolutely through the lean times to a two-decades-old belief that buying property - particularly shops - is the best investment option no matter how much the central government tries to curb price rises through cooling measures.4 Jul 2012 - 12:00am
The Hong Kong Mortgage Corporation launched a microfinance programme yesterday, aimed at helping the cash-strapped - from start-ups to self-employed.
The agency, which aims to promote wider home ownership and develop the local debt market, said it was working with six banks and five non-governmental organisations to promote the plan.30 Jun 2012 - 12:00am
China's first interest rate cut since 2008 is unlikely to have a significant impact on the residential property market, according to Savills. The real estate consulting firm says the move will help improve confidence that the country is taking steps to spur flagging growth. It will also help reduce the mortgage burden on home owners.22 Jun 2012 - 12:00am
One of the ironies of the Hong Kong property market is that prices keep going up at a time when transaction volumes are shrinking. A report from Ricacorp Properties says the average profit for secondhand homes sold in May was a staggering 53.3 per cent, the second successive month of historical highs.22 Jun 2012 - 12:00am