Residential Property
Public housing rents to climb 10% by September
Public housing rents to climb 10% by September
The surge comes after a report suggested that higher incomes can support steeper rents.
North Point apartment units sold for as much as $21.87m
Sun Hung Kai Properties enjoyed a strong sale, with 1 unit left unsold.
Developers likely to build smaller units amidst vacancy tax
Flat sizes have already shrunk about 40% in six years.
Government to shoulder extra cost of subsidised flats
CE Lam affirmed her commitment to lend assistance to the Housing Society.
Heated property market defies cooling measures as property sales surge 17.1% in June
This translates to a total consideration of $80.8b.
Reclamation and real estate revamp eyed to boost flat supply
The airport relocation enabled the redevelopment possibility of old Kowloon homes, said CE Lam.
Government unveils 5 sites up for tender from July-September
The residential sites can yield 1,850 flats.
Approved mortgage loans up 14.4% to $42.6b in May
However, the number of mortgage applications fell to 14,491.
Home prices up for 26th straight month in May
Secondary-market residential prices rose 1.67%.
Government unveils new initiatives to ease housing crunch
Homes under the HOS will now be based on a median monthly income of $39,500.
Government to launch Starter Homes pilot project on Ma Tau Wai Road
The venture redevelopment can provide 450 units.
Vacancy tax may not dampen Hong Kong's runaway home prices
It will not trigger the expected price fall but will only slow the fast pace of growth.
Vacant residential tax to dampen developers' land bidding
The levy is expected to be focused on newly built units.
Public rental housing supply pegged at 34,800 for 2018-19
Of this number, 23,100 new flats and 11,700 refurbished flats will be available.
Shun Tak snaps two Singapore prime properties for $3.49b
The aggressive bidding is expected to push property prices in Singapore's Orchard Road.
Home prices up 14.9% in Q1 as Hong Kong leads global property price growth
Demand for small to medium sized units continue to strengthen.
Residents embrace shipping container homes amidst public housing holdup
Hong Kong's housing shortage has bred several creative residential solutions.
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