Residential Property

The three-day event had 216 exhibitors.

Knight Frank cited trends that affected the performance of the market.

The finding reflects a wait-and-see attitude amongst house buyers.

MTR Corporation rejected all bids for the property dev't at the Tung Chung site.

Analysts are already seeing a 4% increase in retail rental income for the next fiscal year.

The latest total housing supply target is unchanged since 2019.

Homebuyers may shift back to small flats, analysts say.

But the number of homes to be built under the project are 'fewer than expected'.

Kowloon, New Territories rents declined slightly by 0.1% and 0.8%, respectively.

Residential prices, as well as retail and office rents, will likely grow in 2022.

Total private housing land supply would be able to provide about 7,110 flats.

However, the rise in local demand softened the blow.

Home prices are expected to rise by a maximum of 3% in Q4.

Highly integrated design and infrastructure that will further link Hong Kong into the Greater Bay Area are expected in the next year.

A total of 7,875 transactions were recorded during the month.

This is the first time high-end residential rents saw an increase since 2019.