Residential Property

Home sales crash 21% in August amidst buyer pull out

The dismal market take-up translated to 4,882 sold units.

Government urged to boost home density in Kowloon and New Territories

The aim is to bring home density levels to that of Hong Kong Island.

Proposal converting New Territories brownfield sites wins industry support

The option can unlock land for housing and cause little environmental damage.

Hong Kong's spiralling home prices to crash as buyer demand takes hit

Sentiment has soured especially in Kowloon and Hong Kong Island.

21 building plans approved in July

More than half were for apartment developments.

Two residential sites up for sale via tender

The sites are in Tuen Mun and New Kowloon.

Hong Kong cedes crown to Malta in global home price gains in Q2

Home prices in Malta surged 16.9% versus the SAR's 15.9%.

Young buyers snap up discounted units at Tseung Kwan O property sale

About 95% of the 488 units on offer were sold for $4.28b.

Housing correction of 15% possible in 2019

The world’s most expensive property market is finally slowing down.

Developers sweeten property packages in bid to dispose stock

One developer has included a high-speed rail holiday in its apartment package.

Hong Kong mulls tighter curbs on foreign home purchases

Non-local buyers took up over 10% of total transactions in Q1.

Public housing rents set for three new estates

Nearly half of the available flats go for below $2,500 monthly.

Over 3,000 nano flats to be completed until 2020 as residents squeeze into smaller homes

The nano flat supply is 35% higher than 2015-2017, indicating strong market takeup.