The recent billion-dollar rehabilitation project at Neptune Terrace in Chai Wan has sparked heated discussions in the city. Homeowners were unhappy about the building management committee’s failure to disclose the engineering contract and excessive costs, with each household required to pay HK...

In a thriving property market, many owners are taking the opportunity to list their properties for sale. Whether choosing to sell or rent out the flat on their own or through a licensed real estate agent, what should owners pay attention to if they decide to entrust an agent?Whether selling o...

Following the Hong Kong government's withdrawal of property cooling measures, many developers have capitalised on the opportunity to launch new properties. This has led to a surge of transactions for new properties. In the 27 days following the withdrawal (from February 28 to March 25), Hong Kong re...

Amid extended waiting times for public housing—the fourth quarter of last year hitting an average of 5.8 years, a 0.2-year increase from the previous quarter—the importance of public housing in Hong Kong has never been clearer. While the government intensifies efforts to combat the misus...

To create an environment that fosters the growth of the next generation, parents often prioritise School Nets when purchasing or renting a home. It is not uncommon to hear about parents relocating to their preferred School Net, to increase the chances of their child being assigned to a school of cho...

When buying, selling, or leasing a property that involves real estate agents, both parties are required to pay a commission to the agents as a reward. How is this commission calculated, and when should it be paid? The following will provide answers to these questions.For those looking to save on co...

The day we never thought we’d see has arrived—the withdrawal of cooling measures in the Hong Kong property market. The most significant highlight of this year’s budget is the Financial Secretary Paul Chan Mo-po’s announcement of the complete removal of these measures.E...

To combat the misuse of public housing, the Housing Authority has deployed new tactics. Housing chief Winnie Ho Wing-yin has announced that there will be a continuation of increased random checks on tenant property declarations and enhanced scrutiny of tenant assets, including the valuation of vehic...

The real estate market is unpredictable. To adapt to the constantly changing economic environment, as well as to the distinct positioning and competition levels of new projects, developers frequently alter their marketing strategies. Recently, a property was initially launched with a fixed price lis...

Property prices in Hong Kong remain high, and even subsidised housing has turned into a speculative investment tool, leading to controversy. The Housing Authority (HA) recently managed a case involving the resale of a Home Ownership Scheme (HOS) flat, resulting in the owner being required to surrend...

Land scarcity in Hong Kong has been a persistent issue. In recent years, to maximize space efficiency, most new buildings feature bathrooms without windows. However, many prospective tenants and buyers are reluctant to choose flats with such bathrooms. What is the issue with this design?Bathr...

The Housing Authority has tightened its policies for wealthy public housing tenants since October of the previous year, mandating that tenants declare their assets and living conditions every two years. So far this fiscal year, the authority has repossessed 2,100 misused public housing flats, and an...

Last year's performance of land sales fell short of expectations, characterized by numerous failed land bids and revenue from land premium plummeting to a 14-year low. Further, this fiscal year's fiscal deficit has exceeded projections, largely due to the lower-than-anticipated revenues from stamp d...

When a person dies, they may leave behind assets such as bank deposits or properties. However, many people do not have a will and relevant arrangements. This may easily lead to conflict of relationship when inheriting assets without a will.The process for inheriting properties is notably comp...

Life can be unexpected. Some facing financial difficulties may have no choice but to file for bankruptcy. But this isn’t the only way to eliminate debt. What other methods are there?Undoubtedly, borrowers get a chance to clear their debts by filing for bankruptcy. However, the ramifications o...