Residential Property
Hong Kong sees record private housing completions in 2024
Hong Kong sees record private housing completions in 2024
The surge in completions was driven by concentrated supply in Kowloon City, Yuen Long, and Tuen Mun.
2 days ago
The Henry Hotel in Sai Ying Pun up for sale
The Henry is a 24-storey freehold hotel and serviced residence offering 34 en-suite guest rooms across three layouts.
Hong Kong raises rent of “well-off” public rental housing tenants
They will be required to pay 2.5 times to 4.5 times the standard rent.
HA opens application for White Form Secondary Market Scheme 2024
This year’s quota increases by 1,500 to 6,000.
Luxury property market stable despite sector slowdown: report
Despite a slowdown in the broader property sector, Hong Kong’s prime residential market is expected to rebound in 2025.
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong
The law of supply and demand always applies when it comes to price setting.
Property sales dropped 12.8% MoM in February
Experts say sales volume will likely rebound in the coming months.
Enbloc building with student accommodation at Hung Hom for sale
It is currently listed at $85m with existing tenancies.
Hong Kong land sales struggle as developers stay cautious: analysts
The latest bidding results for Sha Tin Town Lot No. 625 reflected tepid developer interest.
Govt adjusts stamp duty rates on property transactions
For properties valued up to $4m, buyers will pay a nominal duty of $100.
Four in five Hong Kong entrepreneurs hold multiple residencies: report
HSBC said Hong Kong ranked second only to New York in terms of ultra-high-net-worth residents.
Stamp duty cut to boost demand in Hong Kong’s lower-end housing
For a $4m property, buyers will now pay $60,000 less in taxes, which could help stimulate demand in the lower-end housing market.
Transparency needed to boost confidence in Northern Metropolis: analysts
An analyst also pointed out that developers are hesitant due to unclear government policies.
Hong Kong’s property price-to-income ratio drops: JLL
However, the number of units on disposed sites ready for construction dropped by 33% year-on-year.
Gov’t approves 14 building plans in December
The approved plans are for residential, industrial, commercial, and community service developments.
Jade Beach Villa at Chung Hom Kok on sale for $1.5b
The property comprises 12 apartments and 18 houses.
Sun Hung Kai unit buys Tung Chung site for $602m
The site spans approximately 10,648 square meters.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong