Open House: $77,000 a Month Rental Shows Depth of Hong Kong’s Luxury Downturn

[ad_1] The deep freeze in what was the world’s hottest property market is prompting a significant shift in strategy by home owners in Hong Kong. With prices approaching a seven-year…

Hong Kong home sales sink to 33-year low in 2023: Centaline

[ad_1] Property transactions in Hong Kong descended to the lowest level in 33 years in 2023 as sentiment among potential homebuyers was submerged under a deluge of poor economic news…

Michael Day: A business plan will be crucial to navigate 2024

[ad_1] Business plans will be key for agents looking to successfully navigate 2024, an industry consultant and trainer has said. Michael Day, a former partner at Connells and…

South Korea moves to reassure markets as builder seeks to restructure debt- Republic World

[ad_1] Updated December 28th, 2023 at 10:08 IST Bitcoin | Image:Unsplash Listen to this article 2 min read The Financial Intelligence Unit India (FIU IND) has issued compliance showcause notices…

‘Assess the risks!’ Estate agents told to warn Hongkongers buying mainland homes

[ad_1] The new guidelines, set to come into effect next summer, will require licensed estate agents to obtain a legal opinion from a lawyer practising in the place where the…

Hong Kong Tycoons Race to Cut Debt With $8.4 Billion Asset Sales

[ad_1] Swire Pacific Ltd. has become the second notable Hong Kong company to announce plans to offload assets in as many days as part of efforts to reduce debt in…

Hong Kong Mortgage Rule Easing Seen Doing Little to Lift Market

[ad_1] Hong Kong’s relaxation of mortgage rules for first-time buyers of homes under construction is unlikely to lift a property market that’s been burdened by high borrowing costs, according to…

Hong Kong to Offer Residency to Wealthy for $3.8 Million Investment

[ad_1] Hong Kong is starting a program next year that will give residency to people who invest HK$30 million ($3.8 million) into the city as it steps up efforts to…

Swedish Lender Is Europe’s ‘Safest Bank’—And One of the Most Shorted

[ad_1] Swedish lender Svenska Handelsbanken AB has been crowned the safest commercial bank in Europe. Short sellers seem to think otherwise. Handelsbanken is the second most-shorted bank in the Bloomberg…

Hong Kong Targets Stock, Housing Taxes to Revive Role as Hub

[ad_1] Hong Kong is slashing extra stamp duties for some homebuyers and reversing a pandemic-era increase in stock trade levies as officials seek to boost the beleaguered property sector and…