Residential Property
HKMC to launch mortgage loan pilot scheme
HKMC to launch mortgage loan pilot scheme
It has interest rates of 2.75%, 2.85%, and 2.95% per annum for periods of 10, 15 and 20 years, respectively.
Apartment rents dropped to two-year low in February
Some landlords would offer discounts as steep as 12%.
Luxury residential rents continue to slide in Q4
Landlords were not keen to cut asking rents.
Property sales crashed 32.4% in January
Residential units showed the greatest decline, with sales plunging by 39.2%.
Residential sales plunged 44.7% in December
Homebuyers were cautious amidst the prolonged social unrest in the country.
Over half of residents not keen on buying a property in Q3
Six in 10 find it a bad time to purchase a home right now.
Rents for five new public housing blocks set at $85.5 psm
This meant that 36% of the flats can be rented below $2,500 monthly.
Property sales jumped 32% to 6,710 units in November
Agreements for residential units surged 43.9% to 5,756.
Bidders for Kai Tak residential sites plunged 67%
The number of consortiums bidding for larger-scale sites rose.
Mortgage cap hike buoyed home sales: report
This drove developers to offer flexible payments and discounts for new projects.
Property sales down for fifth straight month in October
But total sales consideration soared 44% to $65.6b.
Developers to shift away from nano flats
The supply of nano flats will shrink starting 2022.
Luxury condo prices down 1.7% in Q3 as the rich rein in spending
Hong Kong Island’s luxury home sales crashed 90% to just 10 in September from 100 in April.
Public housing plans could hurt commercial supply: analyst
Converting factory land into residential property can reduce available commerciable area.
Weave to open Hung Hom co-living space in November
Rent starts at $8,100 per month.
Hong Kong faces third-greatest housing bubble risk globally: UBS
It remains the least affordable housing market amongst cities analysed.
Property sales down for fourth straight month in September
Sale and purchase agreements dropped to 4,090 transactions.
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