Residential Property
Hongkongers dominate England’s property market with £10.8b portfolio
They also preside over the most valuable bricks-and-mortar portfolio in England.
105,000 private flats to be available in next 3-4 years
The figure is 2,000 less than the previous estimate.
Buildings department greenlights 8 building plans in May
Of the plans approved, three are on Hong Kong Island.
Luxury residential sales fall 12.9% MoM in June
Only 183 units got sold during the month.
Gov’t to assist building owners in maintenance
Secretary for Home & Youth Alice Mak said they are alerted by falling concrete.
Sale of 21 Borrett Road development falls through
CK Asset Holdings said the purchaser failed to pay the first part of the payment of $1.04b.
Mass residential capital values drop 1.2% QoQ in Q2
JLL attributed the decline to three factors.
Mass residential capital values drop 1.2% QoQ in Q2
JLL attributed the decline to three factors.
Select high lump sum projects to benefit from Hong Kong’s relaxation of mortgage rules
Hong Kong raised the LTV ratio cap to 70% for self-use properties worth less than $15m.
New guidelines set for Yau Ma Tei and Mong Kok plot ratio transfer
The guidelines include a new planning tool between sites.
Gov’t issues guidelines to banks on mortgage loan changes
It made adjustments whilst maintaining bank stability and proper risk management.
Sun Hung Kai Properties unveil rental rates for TOWNPLACE WEST KOWLOON
The “aparthotel” targeting young professionals offers 843 units.
High interest rates dampen buyer appetite in Q2
Residential transactions fell 13% QoQ to 12,200.
Property sales drop 9.6% MoM in June
Year-on-year sales increased by 24.1%.
The two thorns hurting Hong Kong’s land resumption plan
As the government intensifies its efforts to acquire private land for the Northern Metropolis and Northeast New Development Areas (NDAs) – for public...
Hong Kong resumes Cheung Muk Tau developments
The public housing developments will provide 3,480 flats.
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