Residential Property

Kowloon City site set for revamping

Kowloon City site set for revamping

The site's project area is 1,622 sqm. which the URA wants to redevelop to provide 180 units of 35 to 65 sqm.

Developers to accelerate sales

Research shows credit costs are about to rise, so developers better raise cash soon.

Property mart players to gather in Hong Kong

Property market players converged at the Hong Kong Convention and Exhibition Centre for MIPIM Asia 2011, a preeminent real estate event in the Asia...

Lands Department awards tenders of 2 sites

Site at Shek Mun was awarded to Fancy Luck Development while residential site near 35 South Bay Road was awarded to Ultra Well Group.

Buildings Department considers legal action against flat owners

There were 36 cases of flat owners employing unqualified people to conduct minor works, so far this year.

Hong Kong to maintain housing curbs, says Tsang

Hong Kong will maintain curbs on the housing market even after the value of home sales dropped 50 percent in October from the same period a year...

Slow residential market sales in Hong Kong indicates coming downside risks

Research shows projection of luxury residential prices to fall by 13% and rentals to decrease by 3% over the next twelve months.

Government to sell site in Tseung Kwan O by public tender

The site at Area 66B2, Tseung Kwan O, New Territories, Tseung Kwan O Town Lot No. 119, in the 2011-12 Land Sale Programme will be disposed of by...

Home sales down in October

Number of sale and purchase agreements received by the Land Registry dropped 53.3%.

How much rent will you pay for that flat?

Rents for 8,292 flats in public rental housing estates will be equal to the current best rent level of the urban district.

80% of all affluent households live in the West, but strong shift East

The growth of developing economic powerhouses in Asia is starting to impact personal fortunes with a fast increase in households with more than US$...

Housing inflation to remain high until 2H12

Tough luck for Hong Kongers aiming to find affordable housing, at least until later next year.

Will you pay RMB12,070 psm for a house?

Well, that’s the average capital value of luxury properties in Shenyang.

Sun Hung Kai wins MTR Corp residential site tender

The developer won with the highest bid of approximately HK$11.8 billion.

Public tenants banned from buying their own units

More than 150,000 applications were on the list and the administration had no plan to re-launch the tenants purchase scheme.

Evicted sub-divided flats tenants to get $4.5m subsidy

900 eligible households are said to benefit from the subsidy in the coming year.

Drafts of Wang Tau Hom and Tung Tau Outline zoning plans get approved

The Chief Executive in Council has approved the draft of Wang Tau Hom and Tung Tau Outline Zoning Plans.