Residential Property
Building and home sales slip 8.1% to 7,706
The total sales value of these transactions dropped 14% to $46.8 billion in July.
Building and home sales slip 8.1% to 7,706
The total sales value of these transactions dropped 14% to $46.8 billion in July.
Home affordability ratio approaches danger level
A spike in Hong Kong’s home affordability ratio raises fears of future payment defaults by home owners.
Luxury rents in Hong Kong to fall further
Rents for luxury homes are expected to fall again by 4.2% in the second half of the year after plunging 7.5% in the first half.
Residential homes to be built at two sites
Hong Kong expects close to 550 homes will be built in new residential sites.
First-time home buyers get first shot at new flats
Some 5,000 eligible applicants will be the first to purchase flats under the Home Ownership Scheme in January 2013.
Huge home building projects to start soon
The government will soon begin building 17,000 flats over the next five years.
Property prices to drop to a 2.6% growth rate per annum
The government aims to help release 20,000 units every year - almost twice the 9,500 units made available in 2011.
Deutsche Bank foresees 20% drop in Hong Kong property prices
Hong Kong’s property market is normalizing and should see welcome reductions in high property prices.
Ho-hum residential sales reflect landlords still favored
The Top 10 secondary residential estates reported a mere 13 sales transactions over the 15 June weekend.
Approved mortgage loans drop
Approved mortgage loans in April fell 9.7% to $25.4 billion from March.
More residential housing to be built
Some 5,000 flats are expected to be built on land to be released by the third quarter.
New real estate regulations possible
Financial Secretary John Tsang said the government stands ready to implement new real-estate market measures when necessary. It also closely monitors...
Nature and modernity blend in Swire Properties' Opus Hong Kong
The Frank-Gehry designed building is comprised of double-level garden apartments and 6,000-6,900 sq ft apartments with panoramic views of the city.
Hong Kong awards tenders for residential sites
The Lands Department has awarded tenders for two residential sites for a 50-year land grant at a total premium of $1.85 billion.
Interest in new property projects in HK waning?
Outcome of property transactions over the Golden Week public holiday seems to reflect the market's cautious outlook on projects by local developers.
More residential developments to be up for sale
Over 8,000 residential developments are expected to be completed by 2014.
Property price bubble threatens Hong Kong anew
Despite efforts to curb its growth, the property price bubble is again showing signs of strength.
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