Derek Chan

New Business

HSBC cuts rates on fixed mortgages in Hong Kong amid slumping sales

Hong Kong’s largest banks are likely to offer new mortgages to ease the burden on homebuyers amid elevated interest rates,…

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New Business

Hongkongers to keep forfeiting flat deposits at high rate, agents forecast

More homebuyers in Hong Kong surrendered their deposits on new flat purchases last year, and property agents expect such defaults…

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New Business

Will Hong Kong celebrities like Chow Yun-fat find buyers for their luxury homes in 2025?

Celebrities like Chow Yun-fat may have had to slash prices of their luxury homes on The Peak, Hong Kong’s most…

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New Business

Chow Yun-fat, hard as nails in movies, cuts home price by 14% as he succumbs to market dip

Even the actor famed for playing tough-as-nails characters in Hong Kong classics like The Killer and Hard Boiled is taking…

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New Business

Hong Kong property deals hit 7-month high, but December slowdown looms

Property transactions in Hong Kong rose to a seven-month high in November, though they are likely cool this month as…

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New Business

Hong Kong rental yields hit 12.5-year high on talent-scheme influx, lower rates

Rental yields for Hong Kong residential properties have hit the highest level in more than a dozen years and are…

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