Residential Property

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.

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.

More residential housing to be built

Some 5,000 flats are expected to be built on land to be released by the third quarter.

New real estate regulations possible

Financial Secretary John Tsang said the government stands ready to implement new real-estate market measures when necessary. It also closely monitors...

Nature and modernity blend in Swire Properties' Opus Hong Kong

The Frank-Gehry designed building is comprised of double-level garden apartments and 6,000-6,900 sq ft apartments with panoramic views of the city.

Hong Kong awards tenders for residential sites

The Lands Department has awarded tenders for two residential sites for a 50-year land grant at a total premium of $1.85 billion.

Interest in new property projects in HK waning?

Outcome of property transactions over the Golden Week public holiday seems to reflect the market's cautious outlook on projects by local developers.

More residential developments to be up for sale

Over 8,000 residential developments are expected to be completed by 2014.

Property price bubble threatens Hong Kong anew

Despite efforts to curb its growth, the property price bubble is again showing signs of strength.

Lots for private homes to be auctioned

The Lands Department said it will open tender invitations on April 27 for two residential lots with a combined size of more than 11,000 square metres...

Residents binge on flats

Hong Kong’s residents boost the property market with a surge of purchases in March.

Housing still mired in the basement

New mortgage loans approved in January fell 32% to $6.1 billion compared with December.

Global crisis + low season = floundering property market

The January numbers for Hong Kong’s property market sectors mostly make for disheartening reading.