Three Districts Under Pressure as The Sterling I Draws Buyers; Eva Property Index Marginally Rises by 0.01% | Mainland Student Influx Boosts Rental Values; Eva Rental Index Breaches 122 Points, Hitting Consecutive Record Highs
Last week, Lee Shau-kee, founder of Henderson Land Development, passed away at the age of 97. Henderson Land is one of Hong Kong’s four major property developers and is well-known for its expertise in acquiring and redeveloping old buildings. However, many of its redevelopment projects involve...
Every spring, Hong Kong becomes notoriously humid. Clothes take ages to dry, walls can grow mould, and floors may even accumulate moisture. This persistent dampness frustrates many, but what can be done to prevent mould and reduce humidity in the home?Many Hongkongers enjoy living in sea-view...
The Financial Secretary, Paul Chan, announced in the Budget an adjustment to the stamp duty threshold for properties. The value cap for the HK$100 stamp duty has been raised from HK$3 million to HK$4 million, easing the burden on homebuyers. This adjustment is expected to benefit approximately 15% o...
Housing shortages have long been a pressing issue in Hong Kong, with public housing waiting times under constant scrutiny. According to the latest figures from the Housing Authority, as of December 2024, the average waiting time for public housing has dropped to 5.3 years, marking a 0.2-year decreas...
Applying for a mortgage is one of the most critical steps in buying a property. If you lack income proof or have insufficient income, banks may reject your mortgage application. To simplify the process and compare rates across multiple banks, many people choose to work with mortgage brokers. These b...
When purchasing a property, buyers typically pay the initial and final deposits by cheque. In cases of urgent deals, some buyers may even issue cheques immediately. To ensure maximum security, it’s best to make the cheque payable to the seller’s law firm, which acts as an escrow agent. B...
In modern cities, most residential buildings, apart from standalone houses and low-density residences, often exceed 30 stories. Elevators play a crucial role in ensuring convenience for residents. However, it is worth noting that the design and availability of elevators in a building can significant...
In the previous article, we discussed the important information you can uncover through a property search, such as ownership details and property-related encumbrances. This time, we’ll dive into the steps involved in conducting a property search, as well as the costs, so you can do it yourself...
You’ve probably heard that it’s essential to conduct a property search before signing a Provisional Sale and Purchase Agreement. Sometimes, agents will even provide this information for you. But what exactly can you find in a property search, and why is it so important? Let’s break...
In recent years, many new Home Ownership Scheme (HOS) flats have layouts where the bathroom is positioned directly opposite the entrance. From a feng shui perspective, this is considered unideal for residents’ health and finances. As a result, some homeowners choose to swap the positions of th...
In Hong Kong, where space comes at a premium, small apartments often face storage challenges, leading to cluttered living environments. So, how can you maximise storage while keeping your home practical and organised? Here are three popular solutions:1. Install Platform BedsPlatform beds are...
Water leakage in a unit can be a significant concern for both landlords and tenants, particularly when considering the purchase or rental of a second-hand property. Addressing this issue should never be delayed, as it can escalate and disrupt daily life. Here’s a guide on how to handle such si...
In Hong Kong, many people cherish their pets, treating cats and dogs not just as animals but as beloved family members. This affection often influences pet owners to prioritise pet-friendly accommodations when looking for places to rent. What should landlords keep in mind if they decide to rent thei...
Whether renting, buying, or listing properties, buyers or property owners often engage real estate agents to help minimise unnecessary complications during negotiations. What qualifications should a real estate agent possess, and how can you confirm that an agent is properly qualified?Firstly, acco...
Whether dealing with a new or resale property, homeowners invariably encounter decisions regarding home renovations and custom furniture. While new properties typically come with essential fittings, they still require furniture to be fully habitable. Some homeowners opt for custom-made furniture to ...
