Residential Property

Home sales climbed 49.5% to 7,822 units sold in April
11 Jun 19
The property market could be warming up.
Home sales hit 7-year high in May
10 Jun 19
Volumes rose by 49% YoY to 8,208 deals.
Hong Kong's property prices hit all-time high
3 Jun 19
Centaline’s Centa-City Leading Index was at 189.42 as of 26 May.
Hong Kong's second-richest man passes on massive property empire
29 May 19
Lee Shau Kee’s sons will succeed as joint-chairmen of Henderson Land Development Co.
Home price gap between New Territories and Hong Kong Island narrows to 79%
27 May 19
Mass housing prices in Sai Kung have surged 23% since 2014.
Is Hong Kong's residential market bottoming out?
22 May 19
Home prices in both the luxury and mass segment rebounded in Q1 2019.
Home sales soared 50% to 7,822 units in March
21 May 19
Centra Horizon in Pak Shek Kok sold 70% of its 295 units on the first day of its launch.
Urban Renewal Authority unveils building rehabilitation platform
9 May 19
It will provide information and technical support on redeveloping sites to building owners.
Posh home sales to rise as China's ultra-rich boost demand
8 May 19
Demand for luxury properties may manifest in New Territories and Tung Chung.
Home sales volume jumped 27.9% to 5,231 units in March
30 Apr 19
Prices edged up 1.3% due to as costs for small-and-medium sized units rose.
Two in five Hong Kongers expect home prices to rise in 2019: poll
30 Apr 19
But close to 1 in 3 expressed strong interest in buying a property.
Home sales subject to Double Stamp Duty dropped 8% in Q1
30 Apr 19
The relative drop suggests that the bulk of active buyers were local first-time homebuyers.
Luxury projects in Sai Kung and Yau Yat Chuen up for tender
24 Apr 19
The developments are priced at $480m and $510m, respectively.
No recovery in sight for property market in Q1
23 Apr 19
Discounts up to 10-20% are slapped on homes as developers feel the squeeze.
Co-living operators could save 25% of expenses over traditional renting model: report
16 Apr 19
Underperforming hotels and serviced apartments in Hong Kong are converting into co-living spaces.
Hong Kong still the world's priciest housing market
16 Apr 19
Average property price is at $9.69m or $16,400 per sqft.
Small-house policy ruling kills two village land projects
10 Apr 19
The Court of First Instance of the High Courts ruled that trading or granting space for village-type development was unconstitutional.
Developers eye home upgraders to boost unit sales
1 Apr 19
Developers, hit by a supply decline of 6% in the next three years, look for alternatives to make profits.
Decentralisation underpinned 2.6% rise in Quarry Bay rents to $54.65 psf in February
29 Mar 19
Stocks of larger floor space are expected to be released in 2020 and 2021.
Home sales dropped 10% to 4,089 in February
28 Mar 19
Sales have weakened ever since prices started falling in July 2018.
Home prices recovered 20-28% in Q1 since 2012
20 Mar 19
However, property investment volumes dropped 42% QoQ.
Real estate investment volumes jumped 16% to $399.8m in 2018: report
19 Mar 19
Hong Kong's growth placed it as the ninth largest source of real estate investments globally.
Hong Kong is Asia's priciest rental haven for expats
15 Mar 19
Rental hikes will also be observed in outlying neighbourhoods as firms eye for more affordable places outside the central area.
Housing Society trials public housing scheme for the elderly: report
6 Mar 19
It could cost around $80m and is expected to be completed by 2020.
Hong Kong flops to 47th spot in luxury home price gains in 2018
6 Mar 19
The stock market rout slashed the growth of posh property prices to just 1.8%.
Private home supply for 2019 falls 39% to 15,540 units
5 Mar 19
The new supply is concentrated in Kai Tak.
Hong Kong unveils 2019 Land Sales Programme
1 Mar 19
It will provide around 8,850 flats.
Hong Kong's residential rents may be bottoming out
20 Feb 19
The rental decline narrowed to 0.3% in January.
Sluggish sales bog down Indonesian real estate
13 Feb 19
Pre-sales are tipped to inch up by a measly 2.2% in 2019.
Strong sales unlikely to stem home price decline: JLL
13 Feb 19
Monthly sales need to hit 5,700 transactions to prop up slowing prices.
Two residential sites to be sold via tender
11 Feb 19
The sites are in Yuen Long and Kai Tak.
Property sales down 22.6% in January
11 Feb 19
The total consideration for the 5,589 deals hit $72b.
Less than 100 luxury homes will be built in 2019: JLL
11 Feb 19
New home supply at the Peak is set to fall to 13 units per year.
Government gives discounted land to Housing Society to boost public housing supply
6 Feb 19
The society will build 6,600 flats across Kowloon from 2024-2026.
Hong Kong hit by first wave of negative equity in two years as home prices fall
6 Feb 19
The aggregate value of mortgages in negative equity hit $1.19b in Q4.
Hong Kong housing is still the world's least affordable for the ninth straight year
22 Jan 19
It has a median multiple of 20.9.
Lantau site up for tender
21 Jan 19
It is designated for private residential purposes.
Developers deploy discounts to sustain sales in January
21 Jan 19
Sun Hung Kai discounted its Ma Tau Kok apartment complex by 50% on average.
Prime apartment rents could rise by up to 5% in 2019
17 Jan 19
Leasing costs may rise at a slower pace compared to the previous year.
APAC home prices to fall on reduced demand and affordability
17 Jan 19
Australian home prices may drop a further 5%.

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