Home prices in Hong Kong ease 0.5% in July, Real Estate News, ET RealEstate

HONG KONG: Hong Kong private home prices eased 0.5% in July, the first drop since April, as one of the world’s most expensive property markets continued to be pressured by the coronavirus pandemic and political uncertainties. The drop in July compares to a revised no change in June. Supported by strong demand and low interest […]

Hong Kong eases mortgage rules for commercial property, Real Estate News, ET RealEstate

File photo HONG KONG: Hong Kong’s banking regulator said on Wednesday it would relax commercial property mortgage rules, in a move to boost liquidity in a market that has been hit hard by U.S.-China trade tensions, violent street protests last year and the coronavirus crisis. The change lifts the cap on the loan-to-value ratio for […]

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