Ruby Hon Yuen-ping

Ruby Hon Yuen-ping

Ruby Hon Yuen-ping is chief executive officer of Estate Agents Authority

Latest from Ruby Hon Yuen-ping

Concrete Analysis | Hong Kong’s property agents must comply with rules when advertising new homes

They must exercise due care before releasing property information to the public and ensure that no misrepresentation is made, writes Ruby Hon Yuen-ping, chief executive of the Estate Agents Authority.

21 Jul 2020 - 6:25PM

They must exercise due care before releasing property information to the public and ensure that no misrepresentation is made, writes Ruby Hon Yuen-ping, chief executive of the Estate Agents Authority.

Hong Kong’s property agents must comply with rules when advertising new homes
Concrete Analysis | Hong Kong property agents face ethical duty advising clients on bank valuation, mortgage financing margin

Property prices fluctuate according to market conditions, which in turn affects the value of underlying assets and eligible mortgage financing. Property agents have been reprimanded for giving false assurances on these situations.

12 May 2020 - 12:00PM

Property prices fluctuate according to market conditions, which in turn affects the value of underlying assets and eligible mortgage financing. Property agents have been reprimanded for giving false assurances on these situations.

Hong Kong property agents face ethical duty advising clients on bank valuation, mortgage financing margin
Concrete Analysis | Estate agents should adopt full disclosure to avoid conflict of interests in property transactions

The real estate market thrives on transparency and trust, and agents must not allow any personal interest to conflict with those of their clients.

17 Mar 2020 - 7:16PM

The real estate market thrives on transparency and trust, and agents must not allow any personal interest to conflict with those of their clients.

Estate agents should adopt full disclosure to avoid conflict of interests in property transactions
Concrete Analysis | How a property agent fell afoul of the Estate Agents Authority’s code of ethics by offering loan to a client

Guidelines issued by the Estate Agents Authority say that property brokers must not offer loans to clients in order to make a sale.

18 Feb 2020 - 6:45PM

Guidelines issued by the Estate Agents Authority say that property brokers must not offer loans to clients in order to make a sale.

How a property agent fell afoul of the Estate Agents Authority’s code of ethics by offering loan to a client
Concrete Analysis | The importance of conducting a land search when buying or selling property in Hong Kong

Ruby Hon Yuen-ping, chief executive of the Estate Agents Authority

17 Dec 2019 - 7:31PM

Ruby Hon Yuen-ping, chief executive of the Estate Agents Authority

The importance of conducting a land search when buying or selling property in Hong Kong
Concrete Analysis | Why provisional sales, tenancy agreements for property in Hong Kong must be handled with care

Consumers must be aware that provisional property agreements are legally binding documents and disputes may easily arise, says Ruby Hon, chief executive of the Estate Agents Authority

15 Oct 2019 - 7:43PM

Consumers must be aware that provisional property agreements are legally binding documents and disputes may easily arise, says Ruby Hon, chief executive of the Estate Agents Authority

Why provisional sales, tenancy agreements for property in Hong Kong must be handled with care
Concrete Analysis | Hong Kong watchdog extends purview to regulate licensed property agents selling incomplete overseas property

The Estate Agents Authority issued a practice circular, which took effect last year, on handling the sale of incomplete properties situated outside Hong Kong, to provide guidelines for licensed property agents to follow.

28 Aug 2019 - 4:19PM

The Estate Agents Authority issued a practice circular, which took effect last year, on handling the sale of incomplete properties situated outside Hong Kong, to provide guidelines for licensed property agents to follow.

Hong Kong watchdog extends purview to regulate licensed property agents selling incomplete overseas property
Concrete Analysis | Be careful when renting a sublet property: if there’s no agreement in place you could end up evicted

It is vitally important to check the principal tenancy agreement for any restriction against subletting, says Ruby Hon Yuen-ping, CEO of the Estate Agents Authority

23 Jul 2019 - 6:34PM

It is vitally important to check the principal tenancy agreement for any restriction against subletting, says Ruby Hon Yuen-ping, CEO of the Estate Agents Authority

Be careful when renting a sublet property: if there’s no agreement in place you could end up evicted
Concrete Analysis | Understanding the risks of unauthorised building works before buying or renting property in Hong Kong

As additions or alterations may affect the safety of a property and may render the title defective, agents should tell their clients of any such orders registered against the property and the risks involved.

28 May 2019 - 7:18PM

As additions or alterations may affect the safety of a property and may render the title defective, agents should tell their clients of any such orders registered against the property and the risks involved.

Understanding the risks of unauthorised building works before buying or renting property in Hong Kong
Concrete Analysis | Pay close attention to stamp duty when buying property in Hong Kong

Since property transactions usually involve large sums of money and buyers bear the cost of stamp duty, they are advised to carefully research what category they fall under and not just rely on property agents.

9 Apr 2019 - 7:25PM

Since property transactions usually involve large sums of money and buyers bear the cost of stamp duty, they are advised to carefully research what category they fall under and not just rely on property agents.

Pay close attention to stamp duty when buying property in Hong Kong
Concrete Analysis | Be aware of these regulations affecting property advertisements

There are a number of requirements that estate agency companies need to comply with when issuing property advertisements

26 Feb 2019 - 5:26PM

There are a number of requirements that estate agency companies need to comply with when issuing property advertisements

Be aware of these regulations affecting property advertisements
Concrete Analysis | Homebuyers should find out how much the bank will loan before signing a purchase agreement

Make sure to obtain accurate information about mortgage financing before committing to a property purchase.

21 Dec 2018 - 9:46PM

Make sure to obtain accurate information about mortgage financing before committing to a property purchase.

Homebuyers should find out how much the bank will loan before signing a purchase agreement
Concrete Analysis | Hong Kong property agents mustn’t mislead buyers or face disciplinary action by watchdog

The Estate Agents Authority’s charter on sales of first-hand properties – based on consensus with 32 developers – commits to take punitive measures against agents and their firms for any unruly behaviour

6 Nov 2018 - 6:37PM

The Estate Agents Authority’s charter on sales of first-hand properties – based on consensus with 32 developers – commits to take punitive measures against agents and their firms for any unruly behaviour

Hong Kong property agents mustn’t mislead buyers or face disciplinary action by watchdog
Concrete Analysis | Property agents’ watchdog vows harsher penalties on errant brokers as it aims for orderly sales environment

The Estate Agents Authority will no longer tolerate bad behaviour such as fighting at sales sites as it looks to stiffen penalties on salesmen and their employers, including revoking their trade licence.

25 Sep 2018 - 5:33PM

The Estate Agents Authority will no longer tolerate bad behaviour such as fighting at sales sites as it looks to stiffen penalties on salesmen and their employers, including revoking their trade licence.

Property agents’ watchdog vows harsher penalties on errant brokers as it aims for orderly sales environment