Hong Kong’s property market has slowed significantly in recent years, with the private domestic price index falling for the fourth consecutive month and many homeowners slashing home prices or even selling at a loss. Amid a sluggish market, many have called for cooling measures to be scrapped....
(Leung Yuet-kam) Amid the possibility of cooling measures being eased, developers continued to accelerate the speed of launching stocks. Held by VMS G...
The second phase of eResidence, a Hong Kong development for first-time homebuyers, will be accepting applications from September 27 until October 18 at 7pm. The units come from Block Three on Ma Tau Wai Road, To Kwa Wan. With an application fee of HK$270, successful applicants can choose a flat next...
The term ‘Owners' Corporations (OCs)’ is a familiar concept in Hong Kong property management. What is it? If legal issues arise, how are homeowners affected? And if the issue remains unresolved, are there any other alternatives? The Government's policy on building management has f...
Leading bank HSBC recently adjusted mortgage interest rates and raised the lock-in rate cap of H-mortgages. For applications submitted from September 18, the lock-in limit increased from P minus 2.25% to P minus 1.75%. Meanwhile, the cap rate increased by 0.5% to 4.125% from 3.625%, and the cash reb...
Faced with uncertain economic outlook and interest rate trends, developers will inevitably be cautious in bidding for land. The tender for a Kai Tak s...
(Chow Hiu-ching) The Arles in Fo Tan, developed by Centralcon Properties, launched sales week after week, following last Saturday's sale of 11 units o...
When a home owner sells a property, they can choose to sell the property by themselves or appoint a licensed agent to help them sell the property. What are the differences between the two? And what is there to be aware of?In the past, owners who chose to sell their properties by themselves us...
(Leung Yuet-kam) In September, Chinachem Group will use HK$600 million to refurbish Victoria Coast, a luxury residential property on Victoria Road in ...
(Li Zi-tian) With nearly 17,000 unsold flats in inventory of first-hand projects, developers have had no choice but slash prices. According to real es...
As in the past, many sectors have suggested that the government relax property measures to revive the Hong Kong housing market. For example, Tan Yue-heng, member of the Legislative Council and chairman of Bank of Communications International, suggested that the government could consider making halvi...
