Residential Property
Hong Kong property sales slip 2% in May
The Land Registry received 8,965 sale and purchase agreements during the month.
Hong Kong property sales slip 2% in May
The Land Registry received 8,965 sale and purchase agreements during the month.
New wave of migration unlikely to impact housing prices: JLL
Hong Kongers movement out of the city will have minimal impact on prices.
Mortgage loans drop to $50.8b in April
This reflected a 4.3% month-on-month decrease.
Luxury property market rebounds 0.8% in Q1 after 2020 drop
This followed the luxury residential market’s 8.2% decline last year.
Pave sees rising demand for overseas property investments
The firm helps buyers purchase cross-border and handles administration for clients.
Are Hongkongers moving to the Greater Bay Area?
Mortgage applications in the area have risen 40% over the past year.
What does it really cost expats to live in Hong Kong?
Hong Kong is still the most expensive location for expats, despite wide-ranging drops in residential property rents over the last year.
Property sales climbed nearly 20% in March
The month’s total consideration amounted to $78b, the Land Registry said.
HKSTP launches new smart living, co-creation space InnoCell
Applications for hopeful tenants will open on 20 April this year.
Industrial buildings seen as a new source of residential land: JLL
A new pilot scheme is expected to attract investors looking to develop residential projects.
Henderson Land underlying profit climbs 1.8% to $14.8b
It has nine developmental projects in urban areas planned for sale this year.
URA unveils redevelopment site Yue Man Square: YM²
It features Hong Kong’s first fully indoor air-conditioned Smart Public Transport Interchange.
Residential building in Mid-Levels West sells for $295m
This will be Weave Living’s first acquisition since its rebranding in 2020.
Luxury home in Hong Kong leased for record-breaking $1.35m monthly rental fee
This is only one out of seven properties that Wharf Holdings Ltd. owns in 11 Plantation Road.
Property sales up by 21.7% in February
Sales were up to 7,561 with total consideration amounting to $64.3b.
Lee & Man Chemicals net profit slips 28.3%
Disruptions in China’s manufacturing industry affected profits.
Social benefits seen among homeowners: study
Home ownership ratio in Hong Kong fell to 51.2% in late 2020, much lower than the 60% mark.
Commentary
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