Residential
Public housing rents to rise 10% starting 1 October
Increases could be as low as HK$49 to HK$572.
4 days ago
Hong Kong residential prices may fall up to 10% in 2024
The market already saw a 1.7% decline in the first five months of the year.
4 residential developments issued pre-sale consents in Q2
One of the developments is located in Happy Valley and expected to be completed next year.
Property sales down 28.7% in June
Still, it increased 9.8% compared to the previous year.
30,200 PRH flats allocated for 2024-25
Of these, 23,300 flats will go to PRH applicants.
Land supply for 2023-24 exceeds previous estimate
The annual flat supply target also exceeded 20%.
Canada to grant open work permits to HK nationals awaiting permanent residency
The policy will be in place for five years.
New public rental housing income and asset limits set after economic review
Current economic outlook and past practices in income limit reviews were amongst the factors considered in the adjustments.
BSD home sales increases moderately after relaxation of cooling measures
There were 16 home sales involving BSD between November 2023 - January 2024.
Barratt Developments appoints JLL as its sales and marketing agent in HK
JLL will be tasked to promote the developer's UK homes to HK investors.
Rent control bill aims to bury abusive ‘coffin home’ landlords
A ban on rent hikes in the first 2 years and caps on increases after that have landlords worried.
2,015 nano flats to be completed in 2022
Compared to 2021, the number of nano flats for completion doubled.
New mortgage applications drop 15.7% MoM in December
Applications went down to 10,810 from 12,828 in November.
Northern Metropolis plan to boost housing prices in New Territories: analyst
Housing prices in the area have already grown 28.6% over the past five years.
Daily Briefing: Global property markets to soar; UN envoy warns of potential Myanmar civil war
And more companies to move supply chains to China as COVID cases spike in other Asian economies.
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