Cooling measures? What cooling measures?! If there were any, the property markets in Hong Kong and China do not seem to have noticed them.
Developers in Hong Kong either have the financial strength not to be bothered by the lending restrictions or have the means to support home buyers with funding.
On Monday, Vanke Property (Overseas) surprised the market when it announced that it would use the funds it had set aside to buy land to provide mortgages to home buyers of its first project in Hong…
Source : South China Morning Post
Read more…Hong Kong developers use financial clout to skirt rules and boost sales















