Commercial Property
Flat sales down 15.9% in January 2011
Flat sales down 15.9% in January 2011
The number of sale and purchase agreements for all building units received for registration in January was 9,917.
Crazy Hong Kong office rents skyrocketed 33% in 2010
Hong Kong registered the highest annual office rents growth in Asia Pacific outranking Beijing, Singapore and Shanghai.
Research: 30% of HK households may not afford private housing
Thirty of Hong Kong incomes are sandwiched between private housing and the government's public rental housing. This trend is expected to continue for...
Hong Kong property slowdown masks future growth
Hong Kong's property market is expected to grow after the Lunar New Year although it has slowed down ahead of the festival.
Minmetals Land acquires HK$1.2bn in Jiangning district, Nanjing City
The 179,000 sq.m. lot is located in the Science Park with mountain landscape and lake view.
Property investors seen to focus on office and retail sectors
Prospective capital of office and retail sectors expected to grow 14% and 17% respectively during 2011.
Fortune REIT profit up 20.7% to HK$597mn
Occupancy and rental rates for the 11 properties climbed to record high 98.7%.
Mortgage loans approved down 23% in December 2010
New mortgage loans drawn down during December rose by 11.3% to $31 billion compared with November.
Minmetals Land contracted sales up 450% to RMB2.57bn
The company has also achieved annual target of contracted sales and GFA of approximately 105% and 106% respectively.
Colliers International offers Sheung Wan commercial property for sale
Site is close to Hollywood Road and Soho area in Central, home of most popular dining destinations.
HK issues 6 pre-sale consents
19 applications for pre-sale consent for uncompleted residential units and three applications for uncompleted commercial developments were being...
Hong Kong to introduce reverse mortgage scheme
Survey says 44% of respondents supported the introduction of reverse mortgages in Hong Kong.
Purchase agreements for building units jumped 21.5% in 2010
The number of sale and purchase agreements for all building units received for registration was 162, 739, the Land Registry said.
Housing Authority maintains sound financial position
The authority vows to continue managing its finances efficiently to ensure cost-effectiveness after it expected to have a surplus in the consolidated...
Residential units sales dropped 26% in 2010
11,790 sale and purchase agreements for all building units were received for registration in December.
Minmetals Land acquires 3 real estate developments from China Minmetals
Projects totaling GFA 1.25mln sq. m. HK$2.36 per consideration share has increased the company’s land bank to over GFA 4mln sq. m.
HK Buildings Department received 3,741 complaints
In the past five years, the department issued 14 orders to prohibit changes in the use of buildings which constituted obvious or imminent danger to...
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