Residential Property

CR Longdation to convert Kwai Chung hotel after $953m acquisition

Hotel Cozi Oasis near Kwai Fong sold for student housing in one of 2026’s largest deals.
4 days ago

Gov’t freezes commercial land sales as 98,000-unit housing blitz begins

The 2026 Budget targets 196,000 public housing units over five years, up 80%.

Housing Bureau awards over $360m light housing contracts

Kai Tak and Olympic Avenue projects due for Q3 intake.

Property sales plunge 15.2% MoM in January

Residential units made up 5,669 agreements, down 3.6%.

HA sets allowance rates for displaced SWE, MTWE households and businesses

The agency may approve Phase 2 transfers for special circumstances.

About 104,000 private housing supply to hit market in next 3-4 years

This comes despite the slower construction activity nationwide.

Hong Kong home prices set to jump 3% to 5% in 2026

Analysts point to rate cuts and talent schemes pulling more buyers into flats.

Cautious optimism for 2026 follows 16.9% surge in 2025 home sales

High unsold inventory and macroeconomic uncertainty weigh on recovery.

Housing transactions rise 18.3% as inventory contracts

Luxury deals jumped 45% whilst prices posted modest gains.

CBRE sees over 5% yield in Sham Shui Po block sale

The MTR-adjacent block targets student housing investors.

Secondary market deals fueled $51.2B in December residential transactions, JLL says

Total residential S&P transactions reached 5,883 units, with 4,144 from the secondary market.

Housing Bureau opens 8,820 light unit applications as demand spikes

The projects are located in Chai Wan, Kai Tak, and two sites in Tuen Mun.

HK targets 4,500 beds in first hostel-led land sales

The government has invited EOIs for sites at Kai Tak, Siu Lek Yuen (Sha Tin), and Tung Chung East.

Property market to have ‘modest’ recovery amidst CRE, bank pressures

Rising prices and transactions support cautious residential market rebound.