A fresh wave of starter homes has arrived!At the start of 2019, the Government launched ‘eResidence’ – the first pilot starter home project for Hong Kong residents – which provided 450 units at the time. Now, the government has announced news for the second phase of eR...
(Leung Yuet-kam) As the Federal Reserve gears up for interest rate discussions next week, the market sentiment remains bearish. With market concerns a...
The Financial Secretary, Paul Chan Mo-po, revealed about a month ago that the Government would consider further marginally relaxing the loan-to-value (LTV) ratio for first-time homebuyers. On 7 July, the Hong Kong Monetary Authority (HKMA) relaxed the city’s LTV ratios, and on the same day, th...
(Leung Yuet-kam) After the Hong Kong Monetary Authority (HKMA) relaxed the loan-to-value ratio for residential properties below HK$30 million, buyers ...
(Lai Chi-tin) Land site prices have fallen in tandem with property prices. The successful bid for the residential site at the junction of Sai Ning Str...
To increase housing supply, the government will use different methods, such as reclamation and change of land use. In one method, the Urban Renewal Authority (URA) acquires land, demolishes underused and dilapidated buildings in old districts, and redevelops them into high-rise buildings.We o...
The first half of the year saw a 35 per cent year-on-year increase in the number of first-hand transactions of around 6,377 units, with the local prop...
(Lai Tsz-tin) With nearly 50,000 professionals coming to work in Hong Kong, the property rental market is in great demand, mainly from corporate execu...
The Housing Authority's Subsidised Housing Committee (SHC) has approved the regular sale of Tenants Purchase Scheme (TPS) recovered flats. The new batch of TPS recovered flats will be sold under the 2023 Home Ownership Scheme (HOS).What is the Tenants Purchase Scheme? It is a scheme for the s...
(Tsang Yip-chun) - Amid economic uncertainty, developers have recently launched a number of new urban developments at a low price to compete for buyer...
Will the government relax the loan-to-value ratio (LTV) for first-time home buyers again? Paul Chan Mo-po, Hong Kong’s financial secretary, said at a meeting of the Legislative Council Panel on Financial Affairs that the government had no intention of adjusting the property market's cooling me...
To fulfil home ownership dreams for local residents, the Housing Authority will propose affordable Tenants Purchase Scheme (TPS) flats to be launched ...
