Residential
Residential mortgage loans reached $31.3b in October
Residential mortgage loans reached $31.3b in October
Loan transactions decreased by 2.1% to $12.4b, whilst secondary transactions increased by 3.4% to $16b.
3 days ago
5.1-year waiting time recorded for public rental housing
7,900 quarterly placements contributed to the one-year reduction.
4 days ago
Northern Metropolis project hinges on tech, bidding reforms
Fragmented, undeveloped private land creates hurdles for site formation.
TTPS holders to drive 12,000 units of annual leasing demand by 2027
70% of these holders are renting private residential units.
Housing Bureau awards $209m contracts for light public housing
Chevalier Property Management Ltd and Sik Yuen Joint Venture won the first contract.
Buyers turn to private homes as premiums decline
Subsidised sale flats may still hinder recovery.Buyers are increasingly turning to the private residential market as the price premium of private...
HA draws ballots for White Form Secondary Market Scheme priority ranking
Over 80% came from young applicants applying to the newly implemented WSM Youth Scheme.
Lands Department issues 6 pre-sale consents in Q1
Three developments are slated for completion next year.
Gov't rejects S&P’s claim of housing oversupply
It pointed out that housing demand is currently keen.
Hong Kong unveils 2025-26 land sale plan
This includes eight residential sites.
Mortgage loan approvals fall 2.1% in January
The number of mortgage applications increased 3.3%.
HK’s rental housing market stable in 2024
On average, the rental budget is around $14,000.
Hong Kong’s real estate struggles as investment falls 13% in 2024
Investment activity totaled US$1.5b in the fourth quarter alone, marking a 29% YoY drop.
HK records 15 lease modifications in Q4 2024
The transactions included seven on Hong Kong Island, six in Kowloon, and four in the New Territories.
Mortgage loan approvals up 27.7% in November
Mortgage loans for primary market transactions also rose 46.2% to $7.9b.
Property sales down 28.3% in December
Still, sales were up 46.4% year-on-year.
Strong household demand drives HK’s mini storage services
44% of operators expect rental and profit growth of 5% to 10% over the next years.
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