Residential Property
Luxury homes beat year-end slump as high-value sales rise 9.4% in Q4
Luxury homes beat year-end slump as high-value sales rise 9.4% in Q4
This was equivalent to sales of 3,297 luxury residential worth $10m and more.
Tender awarded for Kwun Tong residential site for $3.11m
The 50-year land grant was awarded to Clever Like Limited.
IMF backs Hong Kong's property cooling approach
However, it notes that the Buyer and the Ad-Valorem Stamp Duty should be replaced.
Home sales down 6.3% to 5,337 in December
However, the luxury sector remained active thanks to the traditional year-end bonus distribution.
Hong Kong is the least affordable housing market for eighth time in a row
It’s the only Asian city on the top ten.
Home price growth to slow amidst rising supply and borrowing costs
As the Fed is expected to hike rates in 2018, mortgage costs may also rise.
Here's a guide to real estate in the world's least affordable city
Resort-style homes on Lantau Island are valued at $12,800 monthly.
Residential volume drops to 5,337 sold units in November
Monthly home sales fell 6.3% MoM.
Residential site in Kowloon Tong sold for $12.45b
It was awarded to Wharf subsidiary Alpha Pioneer.
Land transactions hit $16.48b in Q4
More than half of the transactions were recorded in the New Territories.
Government urges caution in relaxing mortgage policy
Opening the market to those with limited financial capability may lead to market upheavals.
Public housing construction expenditure pegged at $115b from 2017-2022
The ten-year public housing supply target is estimated at 280,000 units.
Housing Society unveils policy evicting wealthier tenants to accommodate the needy
The new policy aims to ensure a more effective allocation of subsidised housing resources.
Here's what insulates Hong Kong's property market from rate hikes
Unless there’s a large market crisis, the market is well-shielded from rising interest rates.
Lands Department issued 37 residential pre-sale consents in 2017
This involves the building of 16,408 residential units last year.
Housing market starts to cool: Credit Suisse
Home prices are projected to rise 3% in 2018 compared to 13% in 2017.
Housing Authority sets rent for 6 public rental housing estates
More than 77% of the flats will rent for less than $2.500 monthly.
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