Residential Property
Sales of new launched homes plunge 54% over the week
Sales of new launched homes plunge 54% over the week
Developers cleared only 116 units this past weekend, says Nomura.
Hong Kong home prices set yet another record high
HK home prices are now 8% higher than the 1997 peak.
Government mulls over speeding up Tung Chung New Town extension
The extension may yield 40,000-50,000 home units.
Site near Long Ping MTR station attracts 8 bids
The site is estimated to cost up to HK$1.9 billion.
Soundwill sells 13 & 15 Mercury Street for HKD180m
DMG expecs the sales will generate HKD75m in gross profit in FY12F.
Government pledges property market stability
Financial Secretary John Tsang said the government will provide from 50,000 to 60,000 housing units in the next few years to ensure the property...
Home prices to continue climbing
A leading Chinese investment bank foresees property prices in Hong Kong jumping 10% this year despite government efforts to dampen soaring prices.
Hong Kong's wealthiest on the hunt for bargain property buys abroad
Centrally located luxury property prices are 30% more expensive in Hong Kong than elsewhere in Asia.
Henderson Land records strong sales performance
Thanks to Double Cove which sold 82% of the 928 units.
CR Land's sales momentum forecast to resume in October
The September contracted sales drop was within analysts’ expectations.
7 pre-sale consents for residential developments issued in 3Q12
Find out where the developments are located here.
Housing subsidy now open for applications
The deadline is April 8, so be quick.
Building boom begins in Hong Kong
Hong Kong braces for a housing boom in the next six years fueled by developers awash in cash from the prolonged low-interest regime.
NWL to build more homes in Hong Kong
Property firm New World Development Company Ltd reported a net profit for fiscal 2012 that was 11% higher than a year ago but below market forecasts...
Mortgage loans jump 29%
More used homes transactions caused Hong Kong’s approved mortgage loans to rise 29% in August from July.
Construction of residential homes on the rise
Construction of residential homes accounted for more than half of the total value of construction in Hong Kong during the second quarter.
Residential property market to shrink by a fourth
Hong Kong’s banks are in for more pain as the new and unduly strict rules to curb property speculation choke decelerating market growth even further...
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Driving non-Grade A office market with the Hostels in the City Scheme