Residential Property
Government mulls building homes atop roads and railways
Government mulls building homes atop roads and railways
However, it only serves as a medium to long-term supply option.
Heated property market may have helped embattled HNA Group stay afloat
Its $16b sale to Henderson Land was 12% higher than the original land selling price.
Mortgage registration cases hit 7,612 in January
HSBC ate up almost a fourth of market share after snapping over 1800 deals.
Housing frenzy to moderate in 2018 amidst growing supply
Sales will remain muted whilst secondary home prices is poised to slow this year.
More expats want posh homes in Q4
This pushed rents up, with Mid-levels rising the fastest at 0.6%.
Government mulls development options for Fanling golf course
The partial development option can provide 4,600 flats whilst the full option can triple the number at 13,200 units.
Chinese land buying spree abates as lands sold via government tenders fall to 11%
Blame tighter capital controls and greater scrutiny of overseas purchases.
Household debt weighs heavily on homeowners as home prices far exceed wage growth
The situation could only go worse if local interest rates rise.
Stamp duty rebate extension opens residential sales market to more players
As a result, more secondary homes may be put up for sale.
Year-end home prices up for 14th month in a row
And it’s poised to rise by as much as 10% in 2018.
Zero negative equity for homeowners for the first time in 16 years
Thanks to the ever rising value of residential properties.
Green Form Subsidised Home Ownership scheme to be regularised
The GSH pilot project in King Tai Court, San Po Kong proved the merits of the scheme.
Pending housing supply slumps 33% to 17,000 units under construction in 2017
Analysts, however, believe this is no cause for alarm as staggered housing launches will still be sufficient.
Luxury homes beat year-end slump as high-value sales rise 9.4% in Q4
This was equivalent to sales of 3,297 luxury residential worth $10m and more.
Tender awarded for Kwun Tong residential site for $3.11m
The 50-year land grant was awarded to Clever Like Limited.
IMF backs Hong Kong's property cooling approach
However, it notes that the Buyer and the Ad-Valorem Stamp Duty should be replaced.
Home sales down 6.3% to 5,337 in December
However, the luxury sector remained active thanks to the traditional year-end bonus distribution.
Read Here
Advertise
Sign Up
