Residential Property
Hong Kong is the least affordable housing market for eighth time in a row
Hong Kong is the least affordable housing market for eighth time in a row
It’s the only Asian city on the top ten.
Home price growth to slow amidst rising supply and borrowing costs
As the Fed is expected to hike rates in 2018, mortgage costs may also rise.
Here's a guide to real estate in the world's least affordable city
Resort-style homes on Lantau Island are valued at $12,800 monthly.
Residential volume drops to 5,337 sold units in November
Monthly home sales fell 6.3% MoM.
Residential site in Kowloon Tong sold for $12.45b
It was awarded to Wharf subsidiary Alpha Pioneer.
Land transactions hit $16.48b in Q4
More than half of the transactions were recorded in the New Territories.
Government urges caution in relaxing mortgage policy
Opening the market to those with limited financial capability may lead to market upheavals.
Public housing construction expenditure pegged at $115b from 2017-2022
The ten-year public housing supply target is estimated at 280,000 units.
Housing Society unveils policy evicting wealthier tenants to accommodate the needy
The new policy aims to ensure a more effective allocation of subsidised housing resources.
Here's what insulates Hong Kong's property market from rate hikes
Unless there’s a large market crisis, the market is well-shielded from rising interest rates.
Lands Department issued 37 residential pre-sale consents in 2017
This involves the building of 16,408 residential units last year.
Housing market starts to cool: Credit Suisse
Home prices are projected to rise 3% in 2018 compared to 13% in 2017.
Housing Authority sets rent for 6 public rental housing estates
More than 77% of the flats will rent for less than $2.500 monthly.
Property deals up 14.8% in 2017
The total deal consideration was $726.42b.
Farmland conversion proposal may benefit major homebuilders
Developers must act quick to snap up deals to stay ahead.
No chill: Property prices will go up and up
Only 1 in 10 or 11.5% of total households will be able to afford an average private housing by 2019.
Private development projects to provide 15,600 flats
It’s exponentially higher than the annual average of 4,200 flats in the past decade.
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