Residential Property
Sha Tin residential site up for auction
Sha Tin residential site up for auction
At least 970 flats must be built on the 23,056 m² site.
Expects rents to climb: DBS
Private residential rents are averaging HK$19.6/sqft, the highest since the HK$20.4/sqft peak in 1997.
Record high housing rents raise concern on Hong Kong’s competitiveness
Many corporations are feeling the effects of high rents as it increases the expatriates’ cost of living, which weakens Hong Kong’s competitiveness.
Government to sell 8 sites in third quarter
The 8 sites are expected to produce about 6,000 units twice the number provided by the nine residential sites put up for sale in the second quarter.
HKMA issues measures on residential mortgage lending business
Signs of renewed exuberance on the market have become evident following high transaction prices recorded in recent government land sale auctions.
Land to be supplied for 20,000 residential units
Three development projects will invite tenders within 2011.
Minmetal Land’s five month contracted sales soars 400% to RMB2.1bn
The developer plans to construct 1.79mn sq.m GFA this year, most of which are to be launched in the second half of the year.
Government sold its two auctioned sites for $11.95bn
Lot at Borrett Road on Hong Kong Island was sold to Bristow Investments, while lot on Ping Kwai Road was sold to Great Art Investment.
Colliers International unveils Colliershomes.com
The company expects revamped website with more easily accessible interface to remain premier resource for residential property in Hong Kong.
Luxury residential prices up 14%
The impact of the Special Stamp Duty introduced in November on all sales with a holding period of less than 24 months is said to have faded.
Hong Kong rate hikes may have burst housing boom
The government’s measure to cool the property market, which had surged almost 70% since the beginning of 2009 had limited impact.
We demand redevelopment: property owners
It’s up to the owners if they want the Urban Renewal Authority to redevelop their properties, as the demand-led redevelopment model has been approved...
URA to begin Ma Tau Wai Road-Chun Tin Street lot acquisition
Owners of the 3,377 square metres project area will be offered $9,785 per sq.ft. while its 143 tenants and owners have so far been given assistance.
Minmetals Land four months revenue soars 1100% to RMB1.81bn
The Company further enhanced its nationwide positioning through its 11 projects under development, located in 8 tier-1 and core tier-2 and tier-3...
3 government lots fetch HK$5.7bn
The auctioned parcels were Inland Lot No.8963 on Stubbs Road, New Kowloon Inland Lot No.6498 on Begonia Road, and Lot No.2086 in Demarcation District...
Property sales down 27.4% in April 2011
The Land Registry received 10,386 sale and purchase agreements for all building units.
Hong Kong’s mortgage drawdowns up 67.5%
7% of the approved new mortgage loans were priced with reference to best lending rates.
Read Here
Advertise
Sign Up
Commentary
Ginza-style buildings: Adapting to changing market demands