Residential Property

Hong Kong's apartment market on a buying spree

Buyers spent a record $47.5b in the first quarter.

Government reveals tightened stamp duty has been effective

Buyers have been stopped from evading tax by purchasing multiple new homes.

Hong Kong to tighten property stamp duties

This is to prevent buyers from evading tax.

Property sales up 35.4% to 7,605 in March

The total sale and purchase agreements were worth $61.6 billion.

Hong Kong warns against home loan risks as prices soar

A new round of cooling measures loom ahead.

Homeowner scheme to be launched for first-time buyers

It can possibly adopt a public-private partnership model.

Approved mortgage loans dropped 2.4% to $27.6b

Whilst the number of applications slipped 0.1%.

Hong Kong government asserts property cooling measures were effective

Only 1% of purchased properties were by nong-Hong Kong residents.

Hong Kong's home prices to keep surging for the next few years

Bloomberg shows three charts to prove this point.

Kerry Properties' profit up 5% to $3.7b

Its asset value also edged up by 2%.

Realtors selling overseas properties probed by Hong Kong regulator

Individuals who lost money on at least 15 uncompleted UK developments have complained.

Minimum requirements could curb Hong Kong's shrinking flat sizes

In recent years, developers have built smaller flats to meet demand.

New flats lure buyers in Hong Kong

New World Development will put on sale 99 flats.