Residential Property
Strong sales unlikely to stem home price decline: JLL
Strong sales unlikely to stem home price decline: JLL
Monthly sales need to hit 5,700 transactions to prop up slowing prices.
Two residential sites to be sold via tender
The sites are in Yuen Long and Kai Tak.
Property sales down 22.6% in January
The total consideration for the 5,589 deals hit $72b.
Less than 100 luxury homes will be built in 2019: JLL
New home supply at the Peak is set to fall to 13 units per year.
Government gives discounted land to Housing Society to boost public housing supply
The society will build 6,600 flats across Kowloon from 2024-2026.
Hong Kong hit by first wave of negative equity in two years as home prices fall
The aggregate value of mortgages in negative equity hit $1.19b in Q4.
Hong Kong housing is still the world's least affordable for the ninth straight year
It has a median multiple of 20.9.
Lantau site up for tender
It is designated for private residential purposes.
Developers deploy discounts to sustain sales in January
Sun Hung Kai discounted its Ma Tau Kok apartment complex by 50% on average.
Prime apartment rents could rise by up to 5% in 2019
Leasing costs may rise at a slower pace compared to the previous year.
Property deals down 5.5% to 79,193 in 2018
The trade spat and China's economic slowdown hit demand.
Government targets 12,600 public housing flats on Kai Tak by 2026
The former airport area could provide homes for 35,100 residents.
Government rejects calls to relax property cooling measures
The SSD, DSD, and BSD will remain in place.
Hong Kong's university graduates are joining the public housing race
The number of applications hit as high as 32,000 in the year to March 2015.
Hong Kong's property prices may continue to fall in 2019
Slowing Chinese buyer demand and rising mortgage rates will drive down prices.
Construction output dips 1.1% to $60.3b in Q3 as residential projects slow
Building works for residential projects dropped 6.5% to $15.2b.
Property sales plunge 48% in November
The total deal consideration was $43.3b.
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