Residential Property
Hong Kong raises property tax rates
Hong Kong raises property tax rates
For properties valued up to $4m, buyers will pay a nominal duty of $100.
2 hours ago
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.
2 hours ago
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.
3 days ago
Transparency needed to boost confidence in Northern Metropolis: analysts
An analyst also pointed out that developers are hesitant due to unclear government policies.
3 days ago
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.
4 days ago
Gov’t approves 14 building plans in December
The approved plans are for residential, industrial, commercial, and community service developments.
6 days ago
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.
Phase 2 applications for light public housing to open on 24 February
It will include four new LPH projects, providing approximately 5,060 units.
Residential market recovery is set to slip—S&P Global
Weak liquidity, developer distress, and fragile sentiment are weighing on recovery.
22 landlords fined $42K for violating tenant protection laws
Two joint landlords committed five offences relating to unauthorised payments.
Gov’t reports 10.4% MoM drop in property deals in January
This decline was due to the Chinese New Year holiday.
Residential site at 93 & 95 Hau Wong Road on sale via tender
The tender will close on 18 March.
HK property sales drop 10.4% in January
Total consideration for these agreements reached $36.7b,
Residential price falls 7% in 2023: report
The primary and secondary markets registered a record low of 43,002 transactions in total.
Sun Hung Kai Properties unit buys Sha Tin site for $606m
It has a 50-year land grant.
CBRE finalises Oasis Aurum 181 lease with Liu Chong Hing and GDHM
Oasis Aurum 181 features 182 rooms and suites equipped with premium amenities.
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