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Hong Kong Property Market - Yr.2020 Jan: Average price per sq feet $11464 1.38%   (last month:$11625)
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[Trend] Property Market Rises 3.2% Outperforming the Hang Seng Index.

2020-01-24(Fri)
【Trend】Hong Kong Wen Wei Po (By Lai ChiTin, Ngan LunLok) The year of the pig is coming to an end. The property market in 2019 of the pig year rose first and softened after, and this trend was similar to t...

[Trend] Centaline:The Effect from Epidemic Is Slight, and Property Prices Will Have Fluctuation Within 10%.

2020-01-23(Thu)
【Trend】Strict measures restrain the trading, and the market is lead by users. Also, it is optimistic about the market trend. Pneumonia epidemic continues to spread in Wuhan, and recent reports point out t...

[New Homes] The Richmond Sells 30 Units One Day.

2020-01-22(Wed)
【New Homes】Hong Kong Wen Wei Po (By Lai ChiTin) Henderson’s The Richmond in Midlevels West yesterday put on sale 30 units. Although many prospective buyers temporarily gave up due to worry about the impact of...

[Trend] International Affordable Level; Hong Kong Property Prices Will Fall by 86%.

2020-01-21(Tue)
【Trend】It is equal to 3 times the average household income, and each unit is HKD1.01 million. Hong Kong property prices continue to be the world's top. Demographia, a research agency, yesterday announced...

[Trend] Booming First-Hand Property Market Drives the Trading in Ten Leading Housing Estates to Stable.

2020-01-20(Mon)
【Trend】Hong Kong Wen Wei Po (By Chau Hiu-ching) Developers actively had promoted the property sales before the lunar New Year. The response to Henderson’s new project The Richmond in Robinson Road, Midlev...

[Trend] The Prices of the Second-Hand Properties Along the Route Are Rising as the Tuen Ma Line Is Opened to Traffic Soon.

2020-01-18(Sat)
【Trend】Buyers request to visit the houses immediately. Agent: They look good at the property prices in Kai Tak. Transport and Housing Bureau yesterday announced to open the Tuen Ma Line phase one on Valen...

[New Homes] Houses of WEST PARK in Cheung Sha Wan Are 16% Cheaper than the First-Hand Properties in the Same District.

2020-01-17(Fri)
【New Homes】The sq ft price for the first batch is HKD18,600, and the lowest cost is HKD6.07 million. China and the United States have signed the first phase of the agreement, while Hong Kong's economic outlo...

[Mortgage] Small and Medium Banks Stop Mortgage Business; Buyers Have No Choice But to Abandon the Transaction.

2020-01-16(Thu)
【Mortgage】The quota for the first quarter has been overdrafted. Large banks maintain normal business temporarily. Banks become more prudent on lending due to the unclear outlook of the Hong Kong economy and...

[Land news] Response of Land Donation. Chiu Kwok-Hung of Cheung Kong: The Farmland Reserve Is Not Much.

2020-01-15(Wed)
【Land news】In recent months, major developers have helped the Government to build intergrade houses by donating or borrowing land to solve the social problem of waiting too long for public housing. The Executive...

[Land news] Foreign Powerful Company Kaisa Won Residential Land Site in Tuen Mun for HKD3.5 billion; The First Time Winning Official Land in Hong Kong with Price Near the Upper Limit of Market Expectation.

2020-01-14(Tue)
【Land news】Mainland real estate company won a Hong Kong residential land site again. Residential land site in Castle Peak Bay section, Castle Peak Road, District No.48, Tuen Mun had collected 16 tenders on last ...

[Commercial] The Prices for Queensway class A Commercial Building in the Whole Year Have Fallen by 18%.

2020-01-13(Mon)
【Commercial】Amendment Crisis continues, affecting the Hong Kong property market. Since the Amendment Crisis continued in the second half of last year affecting Hong Kong's business activities, plus the Sino-U...

[New Homes] 15 Western Street in Sai Ying Pun Warms up Slowly and Only 26% Was Sold on the First Day.

2020-01-11(Sat)
【New Homes】The Richmond in Midlevels West suddenly enter the market with the lowest cost for 206 sq ft unit at HKD5.98 million. Hong Kong Island West breaks out fierce competition for starter homes. 15 Weste...

[New Homes] The Lowest Property Price in The Richmond May Be Less than HKD8 Million.

2020-01-10(Fri)
【New Homes】Developers rush for launching many new projects before the Lunar New Year. Mainland real estate company Vanke (Hong Kong)’s 15 Western Street in Sai Ying Pun put on sale the first batch of 50 units th...

[Commercial] Midland Predicts Shops Market in Core Area to Drop Another 15%.

2020-01-09(Thu)
【Commercial】Hong Kong Wen Wei Po (by Li Zitian) The political situation in Hong Kong has lasted for more than half a year, affecting the operation of industrial and commercial operations, and bringing a negati...

[Trend] Developers Support Property Market; Private Housing Completion Decreases by 40 Percentage.

2020-01-08(Wed)
【Trend】12,900 units had been completed in the first eleven months last year, and there is still a gap of 7,490 units from the target. Hong Kong Wen Wei Po (By Ngan Lun-lok) Although the property mark...

[HK Gov.policy] Booming Market Has Begun; Property Prices only Have Risen by 5% in the Whole Year.

2020-01-07(Tue)
【HK Gov.policy】Hong Kong Wen Wei Po (By Leong Yuet Kam) At the beginning of the new year, the Chairman of Midland Woo Kin-Yip expressed yesterday that driven by the first-phase agreement reached in the Sino-US tr...

[New Homes] Wetland Additionally Launches 89 Units and One-Bedroom Unit Is HKD3.75 Million.

2020-01-06(Mon)
【New Homes】Hong Kong Wen Wei Po (By Chau HiuChing) SHKP’s brand new project Wetland Seasons Park in Tin Shui Wai gets off to a good start. The Vice Managing Director of Sun Hung Kai, Lui Ting yesterday expres...

[New Homes] 213 Sq Ft Unit of the First-Hand Housing Estate in Sai Ying Pun Is HKD5.93 Million.

2020-01-04(Sat)
【New Homes】15 WESTERN STREET offers prices lower 10%, with the average sq ft price for the first batch at HKD28,000. At the beginning of the new year, developers are scrambling to launch new housing estates,...

[New Homes] 15 Western Street Will Offer Prices today of the Soonest.

2020-01-03(Fri)
【New Homes】There will be fierce competition among two new projects in Hong Kong Island West at the beginning of the new year. As mainland company Vanke (Hong Kong)’s 15 Western Street in Sai Ying Pun announcing ...

[New Homes] Wetland Seasons Park Collects 5,400 Applications and Will Additionally Launch Depending on Sales Status.

2020-01-02(Thu)
【New Homes】Hong Kong Wen Wei Po (By Leong Yuet Kam) The first-hand property sales on New Year's Day in 2020 were dull. The market source points out that only 6 units of first-hand properties in Hong Kong wer...

[Land news] Wheelock Provides Land to Build 2000 Intergrade Houses.

2019-12-31(Tue)
【Land news】Hong Kong Wen Wei Po (By Yan Lunle) To improve the poor living environment of the grassroots citizens, the Government introduced a target of supplying 10,000 intergrade houses within three years in...

[Trend] The Second-Hand Property Trading Is Dull under Strong Festive Atmosphere.

2019-12-30(Mon)
【Trend】Hong Kong Wen Wei Po (By Yan Lunle) The property market continues to slump affected by the festive atmosphere and the lack of positive factors in the market, and the second-hand residential propert...

[Trend] CCL Drops Another 0.82% to a New Low in Nearly Ten Months.

2019-12-28(Sat)
【Trend】Hong Kong Wen Wei Po (By Ngan Lun-lok) Property prices continue to fall, and the latest property price index fell to a new low of nearly 10 months. According to the data of the Centaline Property ...

[New Homes] The Sq Ft Price of Tin Shui Wai First-Hand Project for HKD9,988 Is Close to That of Kingswood Villas.

2019-12-27(Fri)
【New Homes】Wetland Seasons Park offers prices, with the lowest price in the first batch for HKD4.8 million. Hong Kong Wen Wei Po A series of holidays for Christmas and New Year's Day did not hindered the...

[New Homes] Reaching New High; LOHAS Park Phase 12 Receives 33 Letters of Intent.

2019-12-24(Tue)
【New Homes】The industry valuation is between HKD4.8 billion and HKD7.7 billion, with the sq ft sales price above from HKD16,000. Hong Kong Wen Wei Po (By Lai ChiTin) The political impact is still raging i...

[Trend] Affected by Long Holiday Midland, Ten Leading Housing Estates Only Record 4 Transactions.

2019-12-23(Mon)
【Trend】Hong Kong Wen Wei Po (By Choi King-man) Buyers' intends to enter the market are weak due to the holidays of the past Winter Solstice Festival on Sunday and the coming Christmas and New Year holiday...

[Land news] Citic Pacific Wins Tai Hang Road Land and Will Invest HKD5.5 Billion to Build Top Luxury Project.

2019-12-19(Thu)
【Land news】Hong Kong Wen Wei Po (By Yan Lunle) The bid for land site of the luxury project in No.135 Tai Hang Road, Mid-level was opened yesterday, and CITIC Pacific won for HKD3.2 billion under the competiti...

[New Homes] The Vertex only Sold 16 Units under Economic Winter.

2019-12-18(Wed)
【New Homes】Buyers wait and see, and new projects with high selling prices only sold 12.5% on the first day. Hong Kong Wen Wei Po (By Leong Yuet Kam) The consensus on the first phase of the economic and tr...

[Trend] Good News for the First Housing Customers; Kingswood Villas’ Two-Bedroom Unit Is under HKD5 Million again.

2019-12-17(Tue)
【Trend】It has been the lowest in one and a half months for HKD4.78 million, down 7.2% in one week. Hong Kong Wen Wei Po (by Li Zitian) Hong Kong's economy is in recession, and the generally second-ha...

[Trend] The Second-Hand Property Market Is Dull; Transactions Have Been in Single-Digital Level for Six Weeks.

2019-12-16(Mon)
【Trend】Hong Kong Wen Wei Po (By Yan Lunle) Although the China-US trade negotiations have reached the first trade deal, the second-hand transaction volume over the past two days continued to be up and down...

[Land news] Tai Hang Luxury Project Land Is Fierce Competed by 25 Tenders.

2019-12-14(Sat)
【Land news】The low-limit and upper-limit of land price valuations are quite different, from HKD1.74 billion to HKD5.41 billion. Hong Kong Wen Wei Po (by Li Zitian) At the time of the property market's pul...

[Transactions] The Sadness of Buying Property at High Price Level; Property Owner in Sea Crest Villa Still Lose HKD160,000 after Holding for 22 Years.

2019-12-13(Fri)
【Transactions】Hong Kong Wen Wei Po (by Lai Chi-tin) The economic downturn in Hong Kong and the amendment crisis have caused a strong wait-and-see atmosphere, and buyers who had purchased the properties at the pe...

[New Homes] The Marketing Activities of Henderson’s Three Projects Attract Customers in HOS Market.

2019-12-12(Thu)
【New Homes】Novum Point and The Addition additionally launch small units, while One. Artane provides a cash rebate. Hong Kong Wen Wei Po (By Leong Yuet Kam) While the new phase of houses selecting in the H...

[Land news] Developer Applies for Building 3800 Units on a 29 Years Idle Brownfield land.

2019-12-11(Wed)
【Land news】The area of Yuen Long Tung Shing Lei project is equivalent to one-third of Victoria Park. The Government is reviewing the development of brownfield land with potential for development, and it is e...

[Trend] Tens of Thousands of Jobs Are not Guaranteed; The Housing Market Gets Worse.

2019-12-10(Tue)
【Trend】46% of citizens had expected property prices to fall, and there was no reflection of further deterioration in November. The property market trend has been uncertain in recent months. The Governmen...

[Commercial] Hong Kong Island Class A Commercial Building’s Rent Has Fallen 9% in Six Months.

2019-12-09(Mon)
【Commercial】Social turmoil frustrates the business environment. Enterprise move to outskirts to save cost. Hong Kong Wen Wei Po (By Choi King-man) The half-year violent demonstrations in Hong Kong has ca...

[New Homes] Cheung Sha Wan New Project Offers 26% Higher Prices; The Most Expensive in West Kowloon.

2019-12-06(Fri)
【New Homes】The Vertex’s sq ft price is close to HKD22,000, and 244 sq ft house is HKD5.38 million. Hong Kong Wen Wei Po (by Lai Chi-tin, Leong Yuet Kam) The competition in the first-hand property market ...

[New Homes] New Villa Projects Are Popular; 30 Sold in 12 Days.

2019-12-05(Thu)
【New Homes】Hampstead Records 3 Deals on One Day; K⋅Summit receives sales consultations before the sales. Hong Kong Wen Wei Po (By Leong Yuet Kam) The luxury housing market is immediately booming as the ...

[Commercial] Companies Move to Outskirts or Smaller Offices to Save Money.

2019-12-04(Wed)
【Commercial】The deteriorating business environment leads to cautious foreign investment expansion. Hong Kong Wen Wei Po (by Li Zitian) Hong Kong has been affected by the Sino-US trade war and the violent c...

[Trend] Property Transaction Registration This Month May Be the Lowest This Year.

2019-12-03(Tue)
【Trend】Both the first-hand and second-hand property market are dully affected by conflicts. Hong Kong Wen Wei Po Social conflicts that have lasted for five months have affected market sentiment, and ...