Real Estate in Hong Kong
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HONG KONG, 2012/12/22
Hong Kong's overheating property market posed macro-financial risks to the economy, the city national's monetary authority warned in a statement on Wednesday.
"The loose world monetary conditions and the expectation of a protracted period of negative real interest rates could provide incentives for households to take up excessive mortgage leverage and pose upside risks on property prices," the Hong Kong Monetary Authority (HKMA) said in its Quarterly Bulletin.
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HONG KONG, 2011/02/16
The Buildings Energy Efficiency Ordinance was gazetted in Hong Kong on Friday, providing a legal basis for the mandatory implementation of the Building Energy Codes, said the Environment Bureau of Hong Kong Special Administrative Region (HKSAR) government.
The codes specify basic energy efficiency standards for four major types of building services installations, including air- conditioning, electrical, lifts and escalators, and lighting
