Residential Property

Will you pay RMB12,070 psm for a house?

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.

Country Garden’s sales volume amount to a whopping RMB34b by 3Q11

The company is confident about reaching its full-year sales target as it has already secured 75% by this quarter.

2,500 new flats to be up for pre-sale in 2014

The flats at about 400-500 square feet will be built at six sites.

"I won't overlook the middle class": CE Tsang

He reiterated the Government considers the interest and needs of all sectors in the community when drafting housing policies.

Sites for flats under home ownership scheme identified

Flats to be offered under the new Home Ownership Scheme, sized at about 400 or 500 square feet, will be built at six sites.

CE Tsang presents new home ownership scheme

Flats of up to 500 square feet may be affordable to families with monthly income of $30,000.

Home sweet home: Government targets 40k annual supply of flats

The Government will explore the possibility of converting into housing land 150 hectares of agricultural land in North District and Yuen Long.

Ensure sufficient land supply to contain price rises, says analyst

Perception of land scarcity, meanwhile, is seen as slowly changing as property developers show lukewarm response to auctions.

Tenders for 2 residential sites awarded at a total premium of $176.111m

The Stanley Inland lot and Sai Kung lot were awarded to Harcourt Holdings and Smaragdine, respectively.

More flats, anyone?

Lawmakers reportedly urged the government to ramp up flat supply by as much as 13,000 public housing units every year.

Residential property deals in its lowest since 2009

Monthly transactions totalled only 6,000-7,000 in July and August, almost 50% lower than the average monthly volume in 2009 and 2010.

September flat sales down 10.5%

The total consideration of the sales was $31.2bn, down 41.7% year on year.