hong kong residential market
Property sales up 31.3% in November with 7,689 units sold
Property sales up 31.3% in November with 7,689 units sold
The Land Registry recorded 382,391 land register searches during November.
Residency scheme drives demand for luxury housing, boosts capital flow
Hong Kong’s expanded investment scheme sparks demand for premium properties.
New SDU policy to impact rental rates, availability in Hong Kong
Hong Kong mandates better living standards for subdivided flats.
Lee says new subdivided units policy balances demand and market health
He also noted that the new system does not intend to make what is illegal legal.
Hong Kong to offer 7,132 new HOS flats under 2024 scheme
Prices range from $1.43m to $4.67m.
Gov’t rejects tender for Chai Wan site
It received only one tender for the site
Mortgage loans in negative equity surge to 32,073 in Q1
The total value of residential mortgage loans rose to $165.3b.
Government's policy shift sparks housing market activity
In March, transactions increased by 67%.
Home Prices see a slight rise after stamp duty cut
It rose 0.62% week-on-week from 11 March to 17 March.
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Since 2022, four residential sites have been withdrawn from government tender.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.
Lands Department issues 13 pre-sale consents in 3Q23
The pre-sale consents involve 8,993 units.
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.
Residential property volumes to edge down in the near term
In Q123, volumes shrank by 31.5% MoM.
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