Residential Property
Private housing land supply reaches 6,000 units in H1
Private housing land supply reaches 6,000 units in H1
H1 supply already hit 45% of annual private housing target.
2 days ago
Hong Kong ranked as Asia’s most rent-burdened housing market
Whilst the ratio of apartment prices to earnings dropped from 26.5 in 2022 to 23.4, it remains second-worst among all cities surveyed.
5 days ago
Application for Green Form flats opens on 17 July
2,576 new flats at Wang Chi Court for sale at 60% assessed market price.
6 days ago
JLL warns of extended slump property market into next year
JLL expects overall office rents to decline around 5% in 2025.
6 days ago
Home and office leasing signal recovery as retail stays weak
Grade A office space leasing rises to highest since the pandemic on expansions and relocations.
Gov't OKs 10 building plans in April
Five projects were approved to begin construction.
Bonham Residence up for public tender sale
The 27-storey Seaview Residence has a net site area of 4,222 sq. ft. and a gross floor area of 36,660 sq. ft.
New bill regulates leasing of subdivided units
The measure will penalise parties leasing unrecognised units.
Gov’t OKs Housing Amendment Bill
The bill seeks to combat tenancy abuse.
WEAVE LIVING, KKR to acquire six prime Tokyo properties
Over 240 new units are set to open from Autumn 2025.
Public housing allocation to reach 29,700 units in 2025-26
Roughly 78.6% of the total will be allocated to PRH applicants.
Housing Authority to put up 2,576 green form flats for sale
The flats will be sold at a 40% discount off market prices.
Property sales fall 10.9 % in May
Total transaction value was $49.8b.
Chung Hom Kok luxury site listed for sale
The apartments each offer 1,469 square feet of saleable area, whilst the houses range from 1,872 to 2,637 square feet.
URA welcomes Donald Choi as its new managing director
He will serve for three years.
Property slump deepens with weak Q1 across sectors
The average price index for private domestic units dropped to 284.2, down from 298.7 in 2024.
Gov’t awards tender for two light public housing projects
Both projects are set to be completed in Q4 2025.
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