Hong Kong Property

Realtors cited two property types that can offer higher upside potential in return.

Demand has been focused on mass market projects.

Real estate expert, Cathie Chung, said that the market will have a reset by 2023.

The market’s transaction volume reached $18b (US$2.3b).

The property is estimated to be worth over $180m.

Capital values of luxury residential will decline by 0% to 5%.

Over 6,290 sale and purchase deals for all units were received for registration.

It recorded an overall score of 1.98.

Over 33% use a loan to purchase property. 

However, it’s 11.3% lower compared to the previous year.

The city’s real estate sector accounts for 60% of its carbon emissions.

This is an improvement compared to its 2019 and 2020 levels.

Investment activity picked up in Q2 after a slow Q1.

The government announced it will raise property values eligible for 90% and 80% LTV-ratio loans.

Despite this, strong parent support and low leverage are expected to mitigate its potential impact. 

The industrial building in Kwai Ching will be sold on an “as-is” basis.