Residential Property
2024 Policy Address: Hong Kong to eradicate subdivided flats under 8 square meters
Owners must convert substandard SDUs to basic housing units.
Mid-levels East Outline Zoning Plan gets final approval
The plan covers 63.34 hectares and is available for public inspection.
Gov’t amends statutory compulsory sale regime
The amendment will take effect on 6 December.
Gov’t urged to explore innovative solutions to ease housing crisis
Experts recommend intergenerational and inclusive housing as well as repurposing buildings.
Rate cut and soaring stocks may boost housing market
With 109,000 available housing units, pressure on secondary prices is expected to persist.
Mei Tin Road site in Tai Wai up for sale via tender
The site was later added to the land sale programme due to positive market responses.
Gov’t issues three pre-sale consents for residential developments in Q3
The developments will provide 213 residential units.
HK property sales drop by 22% but anticipated rate cuts may spark rebound
Developers are preparing to launch new projects, anticipating pent-up demand after a rate cut, CBRE said.
Building unit transaction volumes in Hong...
No. 22 Kent Road mansion in Kowloon Tong up for tender
The tender will close on 22 November.
Hong Kong home prices fall to eight-year low
Rent, on the other hand, has risen to its highest levels since August 2019.
Mortgage loans down 12.2% to $21.8b
Applications also fell by 12.2% MoM to 5,919.
The value of residential loans approved in August reached $21.8b, a 12.2% decrease from July, the Hong...
Residential prices drop for the fourth consecutive month in August
Prices dropped by 13.3% YoY.
College homes, industrial sites a bright spot in Hong Kong property slump
Converted hotels and industrial estates offer investors a lifeline.
Development Bureau seeks revitalisation proposals for European houses at The Peak
It is a Grade 1 historic building constructed in 1887.
Residential property in Kowloon Tong for sale at $180m
It features a site area of 10,133 sq. ft.
Hotel COZi Harbour View up for sale via public tender
The tender will close on 5 November.
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