Residential Property
Residential sales in July dampened by rate hikes
Residential sales in July dampened by rate hikes
The average mortgage rate reached 2.5% by the end of the month.
HK grants relief measures for public rental housing tenants
The SHC will waive the extra rent payable in the first 12 months after the rent adjustment.
Why demand for nano flats is subsiding
Projects like SOYO in Mongkok only sold less than 30% of its 120 units.
Property at Sun Chun Street up for public auction
The property has a reserve price of $588.7m.
Property sales drop 49.8% YoY in July
There were only 4,997 units sold during the month.
Approved mortgage loans drop 5.9% MoM in June
The drop was likely due to the decrease in applications during the same month.
Super luxury homes sustain demand but sales remain weak
Record luxury property transactions have boosted confidence in the market.
Over 90% undivided shares of Tai Kok Tsui site on sale: CBRE
The 10-storey industrial building is on sale until 15 September.
More than 80% shares of residential property at Kowloon on sale: JLL
The property is estimated to be worth over $180m.
Residential prices to drop 5% to 10% due to high mortgage rates
Capital values of luxury residential will decline by 0% to 5%.
Yanlord’s Suhe Century project sold out with $5b pre-sales
The property's average selling price was $155,290 per sqm.
FS Chan to lead committee on land and housing supply
Chan said his committee will publish a 10-year land supply forecast.
Property sales fell by almost 21% in June
Over 6,290 sale and purchase deals for all units were received for registration.
Waiting time for public rental housing to increase within 5 years
It was already increased to 6.1 years in March 2022.
Hong Kong is the priciest housing market in 2021: study
This is due to low incomes.
Legislative Council OKs bill allowing a tax deduction for domestic rents
It is expected to benefit 430,000 taxpayers.
Urban development project at Kowloon City resumes
The 5,164-square-metre site has 155 private property interests.
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