Residential Property

Hong Kong hit by first wave of negative equity in two years as home prices fall

The aggregate value of mortgages in negative equity hit $1.19b in Q4.

Lantau site up for tender

It is designated for private residential purposes.

Developers deploy discounts to sustain sales in January

Sun Hung Kai discounted its Ma Tau Kok apartment complex by 50% on average.

Prime apartment rents could rise by up to 5% in 2019

Leasing costs may rise at a slower pace compared to the previous year.

Property deals down 5.5% to 79,193 in 2018

The trade spat and China's economic slowdown hit demand.

Government targets 12,600 public housing flats on Kai Tak by 2026

The former airport area could provide homes for 35,100 residents.

Hong Kong's university graduates are joining the public housing race

The number of applications hit as high as 32,000 in the year to March 2015.

Hong Kong's property prices may continue to fall in 2019

Slowing Chinese buyer demand and rising mortgage rates will drive down prices.

Construction output dips 1.1% to $60.3b in Q3 as residential projects slow

Building works for residential projects dropped 6.5% to $15.2b.

Property sales plunge 48% in November

The total deal consideration was $43.3b.

Housing market hit with worst declines since 2016

Less than 500 homes were sold for the month as of 25 November.

Green Form flats in Cheung Sha Wan up for sale

As many as 2,545 flats will be provided.

Bull-run finally ends: Hong Kong home prices to fall 15% in 2019

The worst case scenario envisions residential property prices to crash by as much as 25%.

Private homes for sale in Hong Kong hit 14-year high in Q3

Market take-up, however, may not been as warm as it used to.