Residential Property
Rents for five new public housing blocks set at $85.5 psm
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.
Government rejects all bids for Kai Tak site
This is the sixth tender exercise for government land sales to be cancelled since 2014.
Vacancy tax may hit luxury property market hard: JLL
Developers may favour building mass residential units over posh homes.
Residential market sentiment deteriorates in August
Rental demand recorded its first negative reading in the survey's history.
Sun Hung Kai sells homes 20% lower as protests persist
The price is close to those set two years ago for the same development.
New residential launches halved in July-August
Billion Development’s The Aurora's sold-out units are Tsuen Wan's cheapest in a decade.
Property sales down for third straight month in August
Sales plummeted 30.4%, a $18.05b loss compared to a year earlier.
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