Residential Property
Home sales subject to Double Stamp Duty dropped 8% in Q1
Home sales subject to Double Stamp Duty dropped 8% in Q1
The relative drop suggests that the bulk of active buyers were local first-time homebuyers.
Luxury projects in Sai Kung and Yau Yat Chuen up for tender
The developments are priced at $480m and $510m, respectively.
Co-living operators could save 25% of expenses over traditional renting model: report
Underperforming hotels and serviced apartments in Hong Kong are converting into co-living spaces.
Hong Kong still the world's priciest housing market
Average property price is at $9.69m or $16,400 per sqft.
Developers eye home upgraders to boost unit sales
Developers, hit by a supply decline of 6% in the next three years, look for alternatives to make profits.
Decentralisation underpinned 2.6% rise in Quarry Bay rents to $54.65 psf in February
Stocks of larger floor space are expected to be released in 2020 and 2021.
Home sales dropped 10% to 4,089 in February
Sales have weakened ever since prices started falling in July 2018.
Home prices recovered 20-28% in Q1 since 2012
However, property investment volumes dropped 42% QoQ.
Hong Kong is Asia's priciest rental haven for expats
Rental hikes will also be observed in outlying neighbourhoods as firms eye for more affordable places outside the central area.
Housing Society trials public housing scheme for the elderly: report
It could cost around $80m and is expected to be completed by 2020.
Hong Kong flops to 47th spot in luxury home price gains in 2018
The stock market rout slashed the growth of posh property prices to just 1.8%.
Private home supply for 2019 falls 39% to 15,540 units
The new supply is concentrated in Kai Tak.
Hong Kong's residential rents may be bottoming out
The rental decline narrowed to 0.3% in January.
Strong sales unlikely to stem home price decline: JLL
Monthly sales need to hit 5,700 transactions to prop up slowing prices.
Two residential sites to be sold via tender
The sites are in Yuen Long and Kai Tak.
Property sales down 22.6% in January
The total consideration for the 5,589 deals hit $72b.
Less than 100 luxury homes will be built in 2019: JLL
New home supply at the Peak is set to fall to 13 units per year.
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