Residential Property

Costly reprieve comes for embattled boat dwellers with three-month berth extension
22 Oct 18
Members who opt for the option must shell out $150,000 in advance.
Home Ownership Scheme 2018 oversubscribed as citizens scramble for affordable housing
19 Oct 18
There are around 57 applicants competing for one flat.
Government rejects all five tender for Peak residential site
17 Oct 18
The tendered premiums fell below reserve prices.
19 land transactions registered in Q3
17 Oct 18
The deals had a total land premium of $1.6b.
Property sales crash 28% in September
4 Oct 18
There were only 4,799 deals in September.
Boat-dwelling expats face risk of eviction
3 Oct 18
Discovery Bay Marina Club urges tenants to move boats before December 31.
Posh home supply at the Peak set to drop by nearly a third
3 Oct 18
Around 13 units will be available between 2018 and 2020.
Approved mortgage loans up 7.7% to $47.7b in August
1 Oct 18
The number of mortgage applications also rose 26.3% to 17,963.
Over 3,300 flats to be available in Q4
1 Oct 18
Around 2,630 will come from the sale of four residential sites.
Hong Kong faces world's greatest housing bubble risk: UBS
28 Sep 18
The SAR is also the most overvalued housing market.
Home sales crash 21% in August amidst buyer pull out
28 Sep 18
The dismal market take-up translated to 4,882 sold units.
Government urged to boost home density in Kowloon and New Territories
27 Sep 18
The aim is to bring home density levels to that of Hong Kong Island.
Hong Kong ends era of cheap money after hiking base lending rates to 2.5%
27 Sep 18
Banks are widely expected to hike prime rates soon.
Proposal converting New Territories brownfield sites wins industry support
26 Sep 18
The option can unlock land for housing and cause little environmental damage.
Hong Kong's spiralling home prices to crash as buyer demand takes hit
25 Sep 18
Sentiment has soured especially in Kowloon and Hong Kong Island.
Residential sites in Lantau and Kai Tak up for sale via tender
24 Sep 18
The tender invitation will open on September 28.
21 building plans approved in July
21 Sep 18
More than half were for apartment developments.
Two residential sites up for sale via tender
18 Sep 18
The sites are in Tuen Mun and New Kowloon.
Hong Kong cedes crown to Malta in global home price gains in Q2
17 Sep 18
Home prices in Malta surged 16.9% versus the SAR's 15.9%.
Young buyers snap up discounted units at Tseung Kwan O property sale
17 Sep 18
About 95% of the 488 units on offer were sold for $4.28b.
Hong Kong joins Australia and Canada as world's riskiest housing markets
14 Sep 18
Household debt accounts for nearly half of the SAR’s GDP.
Housing correction of 15% possible in 2019
14 Sep 18
The world’s most expensive property market is finally slowing down.
Developers sweeten property packages in bid to dispose stock
13 Sep 18
One developer has included a high-speed rail holiday in its apartment package.
Residential projects dominated construction works in Q2
12 Sep 18
Its value rose by 8.1% to $18.5b.
Hong Kong mulls tighter curbs on foreign home purchases
10 Sep 18
Non-local buyers took up over 10% of total transactions in Q1.
Number of mortgage accounts up 7.6% to 532,000 in Q2
7 Sep 18
The number of mortgage inquiries also hit a three-year high.
Is Hong Kong's heated property market finally heading for a crash?
5 Sep 18
Residential property prices may fall 13% in 2019.
Approved mortgage loans rally 9% to $44.3b in July
3 Sep 18
This comes from a mild 4.8% growth in June.
Public housing rents set for three new estates
30 Aug 18
Nearly half of the available flats go for below $2,500 monthly.
Over 3,000 nano flats to be completed until 2020 as residents squeeze into smaller homes
29 Aug 18
The nano flat supply is 35% higher than 2015-2017, indicating strong market takeup.
Soaring home prices push millennials to illegally settle in industrial buildings
28 Aug 18
An estimated 12,000 residents lived in such buildings in 2016.
Home sales down 9% to 6,093 units in July
23 Aug 18
Buyers held back purchases to see the impact of new housing policies.
Housing space could be unlocked by relocating Kwai Tsing port and Fanling golf course to artificial island
22 Aug 18
A think tank has proposed that this could free up space to house 830,000 residents.
Can the luxury property market pick up in the second half of the year?
22 Aug 18
Primary sales volume have crashed after the 2016 peak due to the absence of large-scale launches.
Waiting time for public housing hits 18-year high
14 Aug 18
It takes residents five years and three months to be allocated a flat.
Tight squeeze: Demand for nano flats doubles in first eight months of 2018
14 Aug 18
Units no larger than 300 sqft compose 12.4% total apartment sales in the city.
Developers deploy discounts to offset mortgage rate hikes
13 Aug 18
Sun Hung Kai Properties rolled out 16% on its Park Yoho property.
Developers bear the fallout of crippling vacancy tax
10 Aug 18
Swire Properties could incur extra costs after a possible misstep.
Homeowners to feel pinch as banks hike mortgage rates
9 Aug 18
BOC (Hong Kong), HSBC and Hang Seng Bank raised rates by 10bp.
Property sales surge 55% to $99.4b in July even as vacancy tax bites
7 Aug 18
A Sha Tin apartment was nearly sold out a week after the cooling measures took effect.

Events

Sign Up For Newsletter

 

Follow Us