Home /

Mortgage News

No. of view:187

Property News

〈The Standard, June 21, 2025〉POP MART’s favourite characters debut in Macao! Offering limited-time photo spots, designer collectables, lucky draws and stamp-collection quests, they are featured with Macao’s classic egg tarts, waffles, Cha Chaan Teng and local delicacies at cultural landmarks, fully displaying Macao as a UNESCO Creative City of Gastronomy.

Make your first stop at the historical Ritz Building, the event’s main hub with the first-ever, Macao-exclusive giant Space Molly Egg Tart! Visit Baby Molly at Calçada da Igreja de S. Làzaro, CRYBABY at Camões Square, DIMOO at St. Augustine’s Square and LABUBU at the Leisure Area in Rua do Pai Kok.

〈Hong Kong Business, June 20, 2025〉Morgan Stanley is optimistic the Hong Kong property market will see the onset of an upcycle, which could last four to five years, after seven years of decline.

In its Asia Pacific Insight, Morgan Stanley said home prices in the city have started to stabilise, driven by the following factors: “(1) more contribution from mainland home buyers; (2) continuous efforts on talent attraction; (3) reviving capital markets; (4) recent sharp decline in one-month HIBOR.”

The cycle-low HIBOR at 0.5% and a likely US rate cut helps demand and positive carry boosts investment.

Hong Kong home prices performed well year-to-date thanks to mainland buyers' contribution and

〈Asian Post, June 19, 2025〉Hang Seng bank announced its Hong Kong dollar prime lending rate remains unchanged at 5.25% per annum (p.a.) on Thursday.

The Hong Kong dollar savings deposit rates also remained unchanged. For account balances below $5,000, the interest rate will be 0% p.a., whilst the other three categories above $5,000 will all get an interest rate of 0.25% p.a..

The bonus interest rate for Hong Kong dollar savings accounts under integrated accounts with a total relationship balance of $1m or above is 0.001% p.a.

〈The Standard, June 18, 2025〉Hong Klng Office vacancy rates dropped 0.1 percentage point to 13.6% in May from April.

JLL’s latest Hong Kong Monthly Market Dynamics reported that four out of five major business districts saw declines in vacancy rates.

Vacancy rates in Central, Tsim Shz Tsui Wan Chai/Causeway Bay, and Kowloon East fell to 11.6%, 7.8%, 9.0%, and 20.9%, respectively.

Hong Kong East, on the other hand, saw its vacancy rate rise to 14.2%.

As vacancy rates improved, the leasing market posted a positive net absorption of 192,000 sq. ft. in May.

〈RTHK News, June 17, 2025〉Secretary for Commerce and Economic Development, Algernon Yau, says the influx of non-local firms to Hong Kong has accelerated in recent months despite the sweeping tariffs imposed by the United States, demonstrating continued confidence in the city.

Speaking in an interview with RTHK to mark the 28th anniversary of the SAR’s establishment, as well as the first three years of Chief Executive John Lee's administration, Yau said Hong Kong has attracted 319 companies to set up shop in the SAR over the first five months of the year, with the firms' investment in the SAR totalling HK$26.5 billion, along with the creation of 6,500 jobs.