Residential Property

Construction output dips 1.1% to $60.3b in Q3 as residential projects slow
12 Dec 18
Building works for residential projects dropped 6.5% to $15.2b.
Property sales plunge 48% in November
5 Dec 18
The total deal consideration was $43.3b.
Housing market hit with worst declines since 2016
27 Nov 18
Less than 500 homes were sold for the month as of 25 November.
Green Form flats in Cheung Sha Wan up for sale
19 Nov 18
As many as 2,545 flats will be provided.
Bull-run finally ends: Hong Kong home prices to fall 15% in 2019
14 Nov 18
The worst case scenario envisions residential property prices to crash by as much as 25%.
Private homes for sale in Hong Kong hit 14-year high in Q3
12 Nov 18
Market take-up, however, may not been as warm as it used to.
Kai Tak home plot's floor price sinks 18% to $8.33b
8 Nov 18
This is compared to a record-sale in the same area six months ago.
Hong Kong's 28-month home price uptrend collapses in August
7 Nov 18
The two-year streak was broken after residential property prices fell 0.1%.
All roads point to a correction for Hong Kong's weakening property market
5 Nov 18
New-home sales in October fell to its lowest level in 16 months.
Commercial property transaction volumes plummeted 65% in Q3 as rattled Chinese investors retreat
31 Oct 18
Locals took charge but failed to plug the gap left by Mainland counterparts.
Will Hong Kong bid nano flats goodbye amidst intensified public housing push?
31 Oct 18
Developers may start building larger projects sized between 400 to 600 sqft.
Singapore's luxury home market dislodges weakening Hong Kong in Q3
30 Oct 18
Posh home prices in Singapore rose 13% whilst Hong Kong’s ground to a halt at 5.5%.
New home sales crash to 16-month low at $11.2b in October
30 Oct 18
The dismal take-up comes after banks hiked lending rates.
Negative equity looms as property market weakens
29 Oct 18
The value of small flats have crashed by as much as 20%.
Tuen Mun site sold for $83.19m
26 Oct 18
It has been awarded to Jantix Realty (Hong Kong).
Hong Kong home price war heats up as developers rush to unload stock
24 Oct 18
Apartments will be priced more conservatively in response to weakening sentiment.
Developers mull $46b debt raise to fund Yau Tong Bay housing project
24 Oct 18
It could be the largest mixed-use project in 21 years.
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.

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