Prospective buyers queue up to buy flats at CK Asset’s Seaside Sonata residential project in Sham Shui Po, on Thursday. Photo: Handout.

Housing policy cushions Hong Kong’s property slump, adding US$3 billion to wealth of city’s six richest real estate tycoons

  • Government’s effort to boost home ownership is likely to unleash pent-up demand and lead to an earlier-than-expected home price recovery, says Citibank property analyst Ken Yeung
  • The increase in the mortgage cap opens up a world of options for buyers, says Louis Chan of Centaline Property Agency
Topic |   Hong Kong property

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Prospective buyers queue up to buy flats at CK Asset’s Seaside Sonata residential project in Sham Shui Po, on Thursday. Photo: Handout.
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An increasing number of Hongkongers are considering emigrating as protests show no sign of ending. Photo: K.Y. Cheng

Hongkongers pursue overseas passports and sell homes at huge discounts to fund move as city’s protests rage on

  • Emigration inquiries have risen fourteen fold since the protests started more than four months ago, says Midland Immigration Consultancy
  • A homeowner in Tuen Mun sold a flat 25 per cent below market value to finance emigration application.
Topic |   Hong Kong property

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An increasing number of Hongkongers are considering emigrating as protests show no sign of ending. Photo: K.Y. Cheng
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