Hong Kong Property News -

Flat Sale Battle: How Developers Are Navigating Hong Kong’s Competitive Property Market

Repulse Bay Mansion Relaunched at HK$900M, 60% Below Its 2022 Valuation

Blue Coast II Sells 74 Units in One Day, Setting New Price Records

Flat Sale Battle: How Developers Are Navigating Hong Kong’s Competitive Property Market

After the new government took office, the government has taken much action to address the public’s concerns on land and housing, such as encouraging private property developers to participate in the construction of Private Subsidised Sale Flat and public housing. Recently, the Development Bure...

28Hse Editor #Wed Property Focus 2023-08-08 6.5K 57 13

In the face of a recent interest rate hike, market sentiment has been comparatively bearish in recent months. Subsequently, Hong Kong developers have ...

28Hse Editor #New Properties 2023-08-04 11.7K 311 43

Locked in a first-hand flat sale battle, Hong Kong developers are racing to attract homebuyers. CK Asset’s The Coast Line II in Yau Tong will an...

28Hse Editor #New Properties 2023-08-03 2.2K 38 18

In recent years, many first-hand properties have offered special units. And due to limited supply and relatively high prices, these units will remain high in value. Since these units are relatively popular, developers tend to sell them by tender. Here’s what to pay attention to when purchasing...

28Hse Editor #Buy homes 2023-08-01 11.9K 127 28

(Zhou Xiaojing) The impact of Hong Kong’s interest rate hike last week, coupled with unstable weather during the weekend, has led to a freeze in...

28Hse Editor #Transaction 2023-07-31 13.1K 144 28

First half of the year sees 1,967 cases dash; 25% being special units dash; losing moneyIn the aftermath of US interest rate hikes, the Hong...

28Hse Editor #New Properties 2023-07-28 6.1K 140 22

(Leung Yuet-kam) Amid Kowloon’s booming first-hand residential market, the sales brochure for Henderson Land’s Baker Circle Greenwich has ...

28Hse Editor #New Properties 2023-07-26 3K 59 13

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...

28Hse Editor #Wed Property Focus 2023-07-25 22.4K 446 56

(Leung Yuet-kam) As the Federal Reserve gears up for interest rate discussions next week, the market sentiment remains bearish. With market concerns a...

28Hse Editor #New Properties 2023-07-20 1.7K 57 13

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...

28Hse Editor #Wed Property Focus 2023-07-19 15.9K 154 22

David Cheung Wang-ip Chartered surveyor, Chinese property appraiser Following this year's budget proposal to adjust the ad valorem stamp d...

28Hse Editor #Transaction 2023-07-18 944 37 14

(Leung Yuet-kam) After the Hong Kong Monetary Authority (HKMA) relaxed the loan-to-value ratio for residential properties below HK$30 million, buyers ...

28Hse Editor #New Properties 2023-07-14 4.9K 71 26

(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...

28Hse Editor #Transaction 2023-07-06 1.3K 65 14

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...

28Hse Editor #Wed Property Focus 2023-07-05 13.7K 191 32

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...

28Hse Editor #New Properties 2023-07-03 7.7K 71 16