Residential Property
Small flats dominate in 2024 as affordability pressures reshape market: JLL
Small flats dominate in 2024 as affordability pressures reshape market: JLL
Class A units have seen a sharp rise in supply, accounting for 44.5% of total completions in 2024.
Property sales rise 8.5% MoM in April
There were 7,229 deals during the month.
The Peak home at 25 Plantation Road listed for $398m sale
The asking price is $398m, positioning it as the only single-lot property currently available on The Peak for under $400m.
Gov’t projects 105,000 private flat supply in the coming years
There were 28,000 unsold units in completed projects at the end of March.
Private flat supply estimate drops by 2,000 units
Only 105,000 units are expected in the next three to four years.
Gov't opens application for three rehousing estate projects
It is open to eligible households affected by government development projects.
Hong Kong private home prices continue to fall in early 2025: report
Private domestic price index for all classes fell to 284.7 in February 2025, down from 337.4 in 2023.
Housing Bureau opens two tenders for light public housing
The deadline for submissions is 13 June at noon.
Hong Kong property values, rents fall across sectors in Q1: JLL
Despite this, leasing activity in the office, retail, and residential sectors held firm.
The Development Studio unveils new residential site in Kennedy Road
The building is made up of 71 residences with 69 apartments.
Residential sales jump 24% YoY in Q1
It is due to the relaxation of the maximum property value chargeable.
Property sales jump 54.7% MoM in March
The total consideration also increased 61.4% MoM to $45.6b.
Hong Kong sees record private housing completions in 2024
The surge in completions was driven by concentrated supply in Kowloon City, Yuen Long, and Tuen Mun.
The Henry Hotel in Sai Ying Pun up for sale
The Henry is a 24-storey freehold hotel and serviced residence offering 34 en-suite guest rooms across three layouts.
Hong Kong raises rent of “well-off” public rental housing tenants
They will be required to pay 2.5 times to 4.5 times the standard rent.
HA opens application for White Form Secondary Market Scheme 2024
This year’s quota increases by 1,500 to 6,000.
Luxury property market stable despite sector slowdown: report
Despite a slowdown in the broader property sector, Hong Kong’s prime residential market is expected to rebound in 2025.
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