Residential Property
Luxury property market rebounds 0.8% in Q1 after 2020 drop
This followed the luxury residential market’s 8.2% decline last year.
Pave sees rising demand for overseas property investments
The firm helps buyers purchase cross-border and handles administration for clients.
Are Hongkongers moving to the Greater Bay Area?
Mortgage applications in the area have risen 40% over the past year.
What does it really cost expats to live in Hong Kong?
Hong Kong is still the most expensive location for expats, despite wide-ranging drops in residential property rents over the last year.
Property sales climbed nearly 20% in March
The month’s total consideration amounted to $78b, the Land Registry said.
HKSTP launches new smart living, co-creation space InnoCell
Applications for hopeful tenants will open on 20 April this year.
Industrial buildings seen as a new source of residential land: JLL
A new pilot scheme is expected to attract investors looking to develop residential projects.
Henderson Land underlying profit climbs 1.8% to $14.8b
It has nine developmental projects in urban areas planned for sale this year.
URA unveils redevelopment site Yue Man Square: YM²
It features Hong Kong’s first fully indoor air-conditioned Smart Public Transport Interchange.
Residential building in Mid-Levels West sells for $295m
This will be Weave Living’s first acquisition since its rebranding in 2020.
Luxury home in Hong Kong leased for record-breaking $1.35m monthly rental fee
This is only one out of seven properties that Wharf Holdings Ltd. owns in 11 Plantation Road.
Property sales up by 21.7% in February
Sales were up to 7,561 with total consideration amounting to $64.3b.
Lee & Man Chemicals net profit slips 28.3%
Disruptions in China’s manufacturing industry affected profits.
Social benefits seen among homeowners: study
Home ownership ratio in Hong Kong fell to 51.2% in late 2020, much lower than the 60% mark.
Real estate sector flags worsening private housing supply
The government expects an annual average of 18,000 private residential units in the next five years, down from 19,600 last year.
Hong Kong is still the world's least affordable housing market
A new report from two international think tanks highlights just how expensive Hong Kong residential property has become.