Asia

Decreasing by 21.1%, Hong Kong’s mortgages in December were impacted by high interest rates, pushing potential homebuyers to hold off.

Title: Deceleration in Hong Kong Mortgage Applications in December Amid Economic Uncertainties December witnessed a 21.1% slump in mortgage applications in Hong Kong, the city’s unofficial central bank reveals, hinting at buyer caution amid geopolitical volatility and escalating interest rates. Hong Kong experienced a dip in the number of mortgage […]

Exterior Perspective | Persistent project postponements tarnish Hong Kong’s image with a penchant for delay

Architectural enthusiasts have often humorously suggested that Hong Kong’s true potential will shine once its construction is complete. This sentiment was likely shared by those who attended the preliminary events at the soon-to-be-opened Kai Tak Sports Park. Valued at a whopping HK$30 billion (approximately US$3.85 billion), the sports park is […]

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