Residential Property
Hong Kong to restrict foreign homebuyers
Hong Kong’s government has announced rules that will severely restrict non-residents from buying property in the city.
Hong Kong to restrict foreign homebuyers
Hong Kong’s government has announced rules that will severely restrict non-residents from buying property in the city.
Hong Kong home sales still weak
The number of homes sold in the first seven months fell 22% to 46,910 from the same period a year ago.
More residential buildings to rise in Hong Kong
Seven of the 14 building plans approved in Hong Kong in July went to residential developments.
Check out Hong Kong property prices post Home Ownership Scheme
Home prices hit a record high of 106.85 index points.
Luxury apartment market losing tenants
Monthly rents for a house on Hong Kong Island’s south side go for HK$125,000 a month.
Swire Pacific’s net profit plunges 65% to $8.44b in 1H12
Blame it on the worse-than-expected first half results that hit its affiliate, Cathay Pacific Airways Ltd.
Here's how HK property market struggled amid global lull
Market remained resilient thanks to investor interest, low lending rates and rising rental returns. According to Jones Lang LaSalle's quarterly...
Building and home sales slip 8.1% to 7,706
The total sales value of these transactions dropped 14% to $46.8 billion in July.
Home affordability ratio approaches danger level
A spike in Hong Kong’s home affordability ratio raises fears of future payment defaults by home owners.
Luxury rents in Hong Kong to fall further
Rents for luxury homes are expected to fall again by 4.2% in the second half of the year after plunging 7.5% in the first half.
Residential homes to be built at two sites
Hong Kong expects close to 550 homes will be built in new residential sites.
First-time home buyers get first shot at new flats
Some 5,000 eligible applicants will be the first to purchase flats under the Home Ownership Scheme in January 2013.
Huge home building projects to start soon
The government will soon begin building 17,000 flats over the next five years.
Property prices to drop to a 2.6% growth rate per annum
The government aims to help release 20,000 units every year - almost twice the 9,500 units made available in 2011.
Deutsche Bank foresees 20% drop in Hong Kong property prices
Hong Kong’s property market is normalizing and should see welcome reductions in high property prices.
Ho-hum residential sales reflect landlords still favored
The Top 10 secondary residential estates reported a mere 13 sales transactions over the 15 June weekend.
Approved mortgage loans drop
Approved mortgage loans in April fell 9.7% to $25.4 billion from March.
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