Residential Property
Micro flats multiply as residents scramble for affordable housing alternatives
Micro flats multiply as residents scramble for affordable housing alternatives
Flats of less than 20 square meters accounted for 4% of private homes completed in 2017.
Mortgage loans fall 14.7% to $32.5b in February
Loans for primary transactions plunged18.2% whilst loans for secondary transactions dropped 13.2%.
Housing Authority transfers rates concession to tenants
Maximum total amount is estimated at $2.45b and $50m for domestic and non-domestic licensees.
Posh home prices up for 20th consecutive month in February
A luxury apartment at the Peak sold for almost $130,000 per sq ft at $590.19m.
Homebuyer subsidy not feasible: Financial Secretary
If interest rates rise, lower property prices may only hurt mortgage payers.
Secondary home prices extend steep climb after rising 15.4% in January
Market prices increased for the 15th consecutive month but a slowdown may be looming.
Housing market defies cooling measures amidst aggressive market takeup
Wheelock & Co. sold all 750 apartments amidst a slew of 9,800 applications.
Government mulls developing underperforming Tuen Mun terminal into housing estate
The 65-hectare site could provide some 20,000 homes.
Budget 2018 mum on addressing housing woes: Natixis
The administration's focus on education and IT is drawing attention away from the more pressing housing issue.
Property sales rose 32.8% to 7,456 in February
Total consideration for the sale and purchase agreements hit $62.6b.
Hong Kong opens up land bidding process but still lags on transparency
The government will provide data on all bids only after the winning transaction is sealed.
Government unveils 27 residential sites for sale
It can provide 15,200 flats.
Secondary home sales up 21% to 1,725 in first half of February
This is partly due to stamp duty amendments encouraging home upgrades.
Happiest place on earth no more: housing woes may hit Disney
Mickey and Minnie may soon be homeless, but at least, 40,000 Hong Kongers won’t be.
Government mulls imposing $350 levy on property recipients
If passed, the PMSA will collect start collecting from property transferees by July 1.
Consumer watchdog warns against overseas property purchases
The number of complaints lodged at the council more than doubled in 2017.
4,431 subsidised flats up for sale in 2018
The price range for the homes range from $1.59m to $6.3m.
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