Residential Property

Hong Kong to maintain housing curbs, says Tsang

Hong Kong will maintain curbs on the housing market even after the value of home sales dropped 50 percent in October from the same period a year...

Hong Kong to maintain housing curbs, says Tsang

Hong Kong will maintain curbs on the housing market even after the value of home sales dropped 50 percent in October from the same period a year...

Slow residential market sales in Hong Kong indicates coming downside risks

Research shows projection of luxury residential prices to fall by 13% and rentals to decrease by 3% over the next twelve months.

Government to sell site in Tseung Kwan O by public tender

The site at Area 66B2, Tseung Kwan O, New Territories, Tseung Kwan O Town Lot No. 119, in the 2011-12 Land Sale Programme will be disposed of by...

Home sales down in October

Number of sale and purchase agreements received by the Land Registry dropped 53.3%.

How much rent will you pay for that flat?

Rents for 8,292 flats in public rental housing estates will be equal to the current best rent level of the urban district.

80% of all affluent households live in the West, but strong shift East

The growth of developing economic powerhouses in Asia is starting to impact personal fortunes with a fast increase in households with more than US$...

Housing inflation to remain high until 2H12

Tough luck for Hong Kongers aiming to find affordable housing, at least until later next year.

Will you pay RMB12,070 psm for a house?

Well, that’s the average capital value of luxury properties in Shenyang.

Sun Hung Kai wins MTR Corp residential site tender

The developer won with the highest bid of approximately HK$11.8 billion.

Public tenants banned from buying their own units

More than 150,000 applications were on the list and the administration had no plan to re-launch the tenants purchase scheme.

Evicted sub-divided flats tenants to get $4.5m subsidy

900 eligible households are said to benefit from the subsidy in the coming year.

Drafts of Wang Tau Hom and Tung Tau Outline zoning plans get approved

The Chief Executive in Council has approved the draft of Wang Tau Hom and Tung Tau Outline Zoning Plans.

Country Garden’s sales volume amount to a whopping RMB34b by 3Q11

The company is confident about reaching its full-year sales target as it has already secured 75% by this quarter.

2,500 new flats to be up for pre-sale in 2014

The flats at about 400-500 square feet will be built at six sites.

"I won't overlook the middle class": CE Tsang

He reiterated the Government considers the interest and needs of all sectors in the community when drafting housing policies.

Sites for flats under home ownership scheme identified

Flats to be offered under the new Home Ownership Scheme, sized at about 400 or 500 square feet, will be built at six sites.

CE Tsang presents new home ownership scheme

Flats of up to 500 square feet may be affordable to families with monthly income of $30,000.