Hong Kong Property

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.

Across submarkets, retail will have the strongest growth next year.

Knight Frank cited trends that affected the performance of the market.

Analysts are already seeing a 4% increase in retail rental income for the next fiscal year.

Year on year, however, property sales are up 12.4%.

Leasing momentum in the retail market continues to improve in August 2021.