hong kong residential market

Are developers losing their appetite for land acquisition?

Since 2022, four residential sites have been withdrawn from government tender.

Are developers losing their appetite for land acquisition?

Since 2022, four residential sites have been withdrawn from government tender.

Residential price edges down by 1.4% MoM in August

August marked the fourth month of price decrease. 

Hong Kong needs to build 6,000 more elderly places yearly

JLL warns that the city could face a potential shortage of elderly places by 2032.

105,000 private flats to be available in next 3-4 years

The figure is 2,000 less than the previous estimate.

Hong Kong resumes Cheung Muk Tau developments

The public housing developments will provide 3,480 flats.

HK greenlights amendments to the Stamp Duty bill

The amended law introduces a refund mechanism under the Buyer's Stamp Duty, amongst others.

Mortgage loans in Hong Kong drops by nearly 10% in December

Loans stood at HK$25.6b during the month, the Monetary Authority reported.

Home price index slips by over 2% in December 2022

Price index stood at 332.5, the Rating and Valuation Department reported.

‘Subdued’ market sentiment speeds up home prices decline: report

Mass residential capital values dropped by 3.1% MoM in December, JLL said.

First-hand, second-hand residential transactions to hit new low in 2022

Transactions will reach between 48,000 to 53,000 in 2023 from 45,000 in 2022.

Residential transaction volume drops in October amidst wondering economy

Units sold in the primary and secondary markets were at 672 and 2,476, respectively.

Residential property prices to fall up to 10% lower in 2023: S&P

The office property market’s vacancy rate is also not expected to improve.

Why it’s time for the gov’t to remove cooling measures in the housing market

JLL said residential sales in the last nine months have dropped to its lowest level in 20 years.

Residential sales jump 12.7% MoM in August

JLL attributed the increase to the handful of primary projects launched during the month.