Residential Property

Residential sales in July dampened by rate hikes

The average mortgage rate reached 2.5% by the end of the month.

HK grants relief measures for public rental housing tenants

The SHC will waive the extra rent payable in the first 12 months after the rent adjustment.

Why demand for nano flats is subsiding

Projects like SOYO in Mongkok only sold less than 30% of its 120 units.

Property at Sun Chun Street up for public auction

The property has a reserve price of $588.7m.

Property sales drop 49.8% YoY in July

There were only 4,997 units sold during the month.

Approved mortgage loans drop 5.9% MoM in June

The drop was likely due to the decrease in applications during the same month.

Super luxury homes sustain demand but sales remain weak

Record luxury property transactions have boosted confidence in the market. 

Over 90% undivided shares of Tai Kok Tsui site on sale: CBRE

The 10-storey industrial building is on sale until 15 September.

Residential prices to drop 5% to 10% due to high mortgage rates

Capital values of luxury residential will decline by 0% to 5%.

Yanlord’s Suhe Century project sold out with $5b pre-sales

The property's average selling price was $155,290 per sqm.

FS Chan to lead committee on land and housing supply

Chan said his committee will publish a 10-year land supply forecast.

Property sales fell by almost 21% in June

Over 6,290 sale and purchase deals for all units were received for registration.

Waiting time for public rental housing to increase within 5 years

It was already increased to 6.1 years in March 2022.