Hong Kong Property
Hong Kong property prices plunge amidst rising foreclosures
Hong Kong property prices plunge amidst rising foreclosures
Banks are moving to recover missed mortgage payments.
Property sales suffer 25.5% MoM decline in May.
Year-on-year, however, sales rose 39.3%.
Property interest surges as cooling measures end
Half of affluent buyers see improved property buying conditions.
Commercial property sentiment falls sharply in 1Q24
It fell by 28%.
Duplex in Repulse Bay listed for $360M sale
The property value translates to $67,830 per square foot.
Stamp duty cut may boost property transactions
The move has also given home prices a boost by 2.0%
Property market needs time to adjust to new measures: CE Lee
The government reduced rates of the Buyers's Stamp duty to 7.5%.
Gov't eases property cooling measures
The adjustments include a reduction of the buyer's stamp duty to 7.5%.
Hong Kong expects negative equity influx in Q3
The number of negative equity cases may exceed 10k by the end of September.
Property sales rise by 24.2%
More than 4,400 sale and purchase agreements were recorded in January.
Swire Properties buys 40% stake in premium residential site in Bangkok
The transaction was worth HK$570m.
Property sales drop nearly 40% in 2022
The Land Registry received only 59,619 sale and purchase agreements.
Property sales fall 8.1% MoM in October
Year-on-year sales declined by 28.9%
Where to invest your millions in real estate
Realtors cited two property types that can offer higher upside potential in return.
Developers to retain conservative pricing strategy for home prices: analyst
Demand has been focused on mass market projects.
Property market ends downcycle
Real estate expert, Cathie Chung, said that the market will have a reset by 2023.