Residential Property
Sun Hung Kai Properties raises sales target to $36b for next year
The group hit sales of $44b in FY17, exceeding its $33b target.
Property sales up 12.3% in August
There were 6,130 sale and purchase agreements for all building units.
Hong Kong bankers settle for dorm life as rents reach record highs
There are at least six current and pending co-living developments in Hong Kong.
Six public housing blocks to be redeveloped from April 2020
The clearance will yield a total of 4,000 housing units. Six public housing blocks in Wong Tai Sin and Sham Shui Po will be cleared for redevelopment...
Land Supply Task Force to launch a public engagement exercise
The group will seek the public's views on boosting land supply.
Approved mortgage loans down 23.5% to $33.7b
The number of mortgage applications decreased 38% to 9,090.
Henderson Land's profits up 64% to $14.2b in the first half of 2017
Pre-tax profit contribution from property sales hit $3.2b.
Residential prices to grow by up to 5% in 2H17
The additional supply will not drag down home prices.
Supply of new private flats to hit 98,000 units in the next 4 years
Will it drag home prices down?
Luxury home sales worth at least $10m dropped 48.6%
Could it be because of the 14.8% home price surge?
2017 GDP growth projections revised upward to 3-4%
Thanks to robust private consumption and investment.
Hong Kong's luxury home prices up 8.1% in Q2
The market could see prices continue the uptrend.
Private home completions up 18% to 8,789 units in 1H17
Sales of small units are driving this growth.
Hong Kongers burdened by soaring home prices
Mortgage-payment-to-income ratio rose to 54.2%.
Property sales drop 31% in July
There were 5,461 agreements signed.
Investments in en-bloc residential buildings hit $4b
Mainland developers are gaining interest in such projects.
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