debt-servicing ratio – Charm

Hong Kong home prices rise for the first time since March, though rents cool slightly

Cs news2 months ago02 mins

Secondary home prices increased 0.62 per cent to a reading of 290.1 in October from 288.3 in September, according to data from the Rating and Valuation Department. The latest reading on home prices covers the first full month following the interest-rate cut by the Hong Kong Monetary Authority in September, but only partially reflects the…

Hong Kong religious group sells US$14 million in property as home market perks up

Cs news3 months ago02 mins

A religious group is selling Hong Kong residential properties at an accelerated pace, cashing in HK$110 million (US$14 million) amid increasing activity in the housing market now that the cost of borrowing has started to decline. Watch Tower Bible and Tract Society of Pennsylvania, associated with the Christian denomination known as Jehovah’s Witnesses, sold 11…