Residential Property

Tricor Group recognized as Premier Business Services Provider at China International Business Awards
25 Sep 20
Tricor Group (Tricor) won the Business Services category of the China International Business Awards, presented by Hong Kong Business magazine, for...
Home prices to drop 10% by end-2020
9 Sep 20
Property prices in The Harbourside are now 10.6% compared to January 2019.
Chinese demand to drive Hong Kong's real estate recovery
4 Sep 20
The investment and office markets will benefit as China shows early signs of recovery.
Hong Kong buyers rush for UK properties after security law
25 Aug 20
A weaker pound GBP since 2014 encouraged Hong Kong buyers to invest in the UK.
Hong Kong crisis deals $59.68b blow to property tycoons
11 Aug 20
CK Asset, Wharf and Sun Hung Kai are some of the property firms that took a big hit.
Residential sales to drop as third COVID-19 wave persists
4 Aug 20
New residential projects scheduled for sale are also likely to be further postponed.
Mortgage applications slipped 7.9% in June
4 Aug 20
Despite a jump in approved loans, mortgage loans drawn down also rose 23.8%.
Lands Department awards Tai Po site tender to Wealth Honour
3 Aug 20
It spans about 22,608 sqm and is designated for private residential purposes.
Luxury home transaction volume rebounded in Q2
15 Jul 20
The super-luxury segment also saw its volumes spike in the same quarter.
Lands Department issues seven pre-sale consents in Q2
8 Jul 20
Four of these are phased developments, making up 818 residential units.
Hong Kong ranks 15 in real estate transparency index
7 Jul 20
The city could elevate to ‘highly transparent’ if its sustainability transparency improves.
Property sale and purchase deals down 24.7% in H1
7 Jul 20
The total consideration for these agreements also dipped 8.8% to $269.02b.
Luxury residential segment gains momentum in May
30 Jun 20
Quantitative easing in most regions supports luxury property prices.
HA stamps sale arrangements of flats under HOS 2020 and WSM 2020
23 Jun 20
A total of 7,047 flats will be put up for sale.
Central buildings up for public auction starting at $332m
23 Jun 20
JLL has been appointed as auctioneer of the buildings.
Property sector continues to recover in Q2
10 Jun 20
The posh homes segment continues to dominate the overall property scene.
Property market proves resilient even as crises mount
8 Jun 20
Dozens of would-be buyers lined up to bid for 94 apartments in The Campton.
Chinese property sales shrink 2.6% YoY in April
1 Jun 20
The property sector is starting to show more activity as sales recover.
Housing prices slid 3% YoY in Q1
27 May 20
Residential prices are supported by solid housing demand.
Over half feel indifferent in owning a home amidst pandemic
21 May 20
Only 1 in 10 locals thinks it is a good time to buy a home.
Fraud suspected in sudden sales spike of $10m Hong Kong flats
21 May 20
Regulators loosened mortgage rules in October, which is only enough for small-to-medium flats.
Luxury home values dropped 8.6% in Q2
7 May 20
More homeowners offer discounts to offload properties as market sentiment weakens.
Residential volumes tread new lows
15 Apr 20
COVID-19 hits luxury transactions harder than the mass market.
Worsening unemployment weighs on housing prices: JLL
8 Apr 20
Potential buyers will retreat on house buying.
Home deals crashed 27% in January to February
6 Apr 20
Prices could fall by another 10-20% by end-2020.
Home prices fall the most in 15 months as virus spreads
1 Apr 20
This marks the third consecutive month of decline.
Link REIT bags $948.04m sustainable loan from DBS
23 Mar 20
Proceeds will be used for general corporate funding purposes.
Finance chief sees property holding up despite turmoil
3 Mar 20
Paul Chan stated that there is no risk of “an off-the-grid type of downfall”.
18 projects unveiled in new land sale programme
28 Feb 20
The residential sites will provide an estimated 15,730 units in 2020-2021.
HKMC to launch mortgage loan pilot scheme
27 Feb 20
It has interest rates of 2.75%, 2.85%, and 2.95% per annum for periods of 10, 15 and 20 years, respectively.
Apartment rents dropped to two-year low in February
19 Feb 20
Some landlords would offer discounts as steep as 12%.
Luxury residential rents continue to slide in Q4
12 Feb 20
Landlords were not keen to cut asking rents.
Property sales crashed 32.4% in January
5 Feb 20
Residential units showed the greatest decline, with sales plunging by 39.2%.
Residential sales plunged 44.7% in December
29 Jan 20
Homebuyers were cautious amidst the prolonged social unrest in the country.
Property deals down 5.5% to 74,804 units in 2019
7 Jan 20
December deals crashed 41.7% to 3,908.
Over half of residents not keen on buying a property in Q3
16 Dec 19
Six in 10 find it a bad time to purchase a home right now.
Rents for five new public housing blocks set at $85.5 psm
12 Dec 19
This meant that 36% of the flats can be rented below $2,500 monthly.
Property sales jumped 32% to 6,710 units in November
4 Dec 19
Agreements for residential units surged 43.9% to 5,756.
Bidders for Kai Tak residential sites plunged 67%
4 Dec 19
The number of consortiums bidding for larger-scale sites rose.
Mortgage cap hike buoyed home sales: report
27 Nov 19
This drove developers to offer flexible payments and discounts for new projects.

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