Prudential Measures for Property Mortgage Loans

The Hong Kong Monetary Authority (HKMA) issued today (Friday) guidelines to banks on a new round of supervisory measures on property mortgage to strengthen banks’ risk management and resilience. The measures are as follows:
First: The maximum loan-to-value (LTV) ratio for self-use residential properties [...]

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New Airport Bus Supplementary Route

To provide a more convenient bus service for passengers in Discovery Bay, with effect from 17 March 2013 (Sunday),
supplementary route DB02A will operate daily between Discovery Bay North and The Hong Kong International Airport. The fare of Route DB02A is HKD32.00. Its frequency will be one hour.

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Govermont’s $2 Scheme effective 3 March 2013 on Ferries

The Government will implement its ” Public Transport Fare Concession Scheme for the Elderly and Eligible Persons with Disabilities ” ( $2 Scheme ) on ferry service on 3 March 2013. Hence, starting from the 00:30 departure from Discovery Bay or Central, elderly people and eligible persons with disabilities could enjoy the $2 concessionary [...]

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Ad valorem stamp duty (AVD)

On 22 February 2013, the Financial Secretary announced that the Government would amend the Stamp Duty Ordinance to adjust the ad valorem stamp duty (AVD) rates and to advance the charging of AVD on non-residential property
transactions from the conveyance on sale to the agreement for sale.
Any residential property (except that acquired by [...]

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Hong Kong housing developers hope for better 2013

Property sales in Hong Kong are expected to have risen 6 per cent last year, with the total value of deals climbing to a two-year high thanks to rapid growth in home prices.
Leading players are expecting potential purchasers to return after the Lunar New Year when sentiment is likely to swing upwards
I was delighted by [...]

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What does 2012 offer

HK Residential Series (Part I of IV)
2012 is a Good Year to Marry; Housing Demand Up
    *   Our four-day series tackles special topics in HK’s residential segment — We’re taking a break from writing company research to offer a broader view of the market in areas where investors seldom pay attention. This first issue of our [...]

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Overseas Holiday Rentals

During recent weeks we have had various requests to publish holiday homes on our website.
This seems a reasonable idea so we are in the process of developing a “holiday homes page” for our website.
So if you have a holiday property that you would like us to advertise for you please contact us at brian@headlandhomes.hk.

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Squarefoot article

From Botox to Boom?
Listening to the news and reading the papers over the recent crisis has produced many a, ‘Botox required,’ furrowed brow. Added to that the recent announcement of the intended 60% mortgage, shouldn’t all of us with any interest in property, be making a beeline to the nearest plastic surgeon?
Well, so far so [...]

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