Residential Property
Private housing supply to rise to 22,000 units per year
Private housing supply to rise to 22,000 units per year
However, it is unlikely to cool down the heated housing market.
Over 5,000 homes sold from October to November
However, overall home sales dropped 6% MoM.
Price gap between rural and urban properties narrows
Developers have been turning to farmland conversions.
Hong Kong luxury apartment sale smashes Asia price record
Mount Nicholson apartment fetches HK$132,000 per square foot.
Hong Kong is China's third property investment destination
Development sites remain the most favoured sector in Q3.
Prospects of first rate hike in 11 years loom for Hong Kong
Bloomberg says rising interbank rates are paving the way for prime rate hikes.
Hong Kong buyers are now the biggest spenders in London's property market
Real estate investment grows to US$3.1b in Q3.
Property sector to show moderate growth over the next 12-18 months
Thanks to stable residential sales and commercial rents.
2,100 nano flats to be launched until 2020
First-time buyers might still prefer them over Starter Homes Scheme.
Investors disappointed with murky 'Starter Homes' programme
The government wants to offer 1,000 starter-home units through a private-public partnership.
Luxury homes to account for only 2.2% of units to be completed until 2021
Capital appreciation potential will be higher for luxury flats.
John Aaroe Group's Aaron Kirman on the 'tremendous' impact of Chinese investment on foreign real estate markets
Chinese investment reached over $70b since 2016.
Here's how Henderson Land can benefit from the acceleration in farmland conversions
It has ~926,000 sq ft of farmland in Kwu Tung North and Fanling North that could be converted.
Property price gains hit 19.6% in July
But price increases are already decelerating.
Sun Hung Kai Properties raises sales target to $36b for next year
The group hit sales of $44b in FY17, exceeding its $33b target.
Property sales up 12.3% in August
There were 6,130 sale and purchase agreements for all building units.
Hong Kong bankers settle for dorm life as rents reach record highs
There are at least six current and pending co-living developments in Hong Kong.