Residential Property
Six public housing blocks to be redeveloped from April 2020
Six public housing blocks to be redeveloped from April 2020
The clearance will yield a total of 4,000 housing units. Six public housing blocks in Wong Tai Sin and Sham Shui Po will be cleared for redevelopment...
Land Supply Task Force to launch a public engagement exercise
The group will seek the public's views on boosting land supply.
Approved mortgage loans down 23.5% to $33.7b
The number of mortgage applications decreased 38% to 9,090.
Henderson Land's profits up 64% to $14.2b in the first half of 2017
Pre-tax profit contribution from property sales hit $3.2b.
Residential prices to grow by up to 5% in 2H17
The additional supply will not drag down home prices.
Supply of new private flats to hit 98,000 units in the next 4 years
Will it drag home prices down?
Luxury home sales worth at least $10m dropped 48.6%
Could it be because of the 14.8% home price surge?
2017 GDP growth projections revised upward to 3-4%
Thanks to robust private consumption and investment.
Hong Kong's luxury home prices up 8.1% in Q2
The market could see prices continue the uptrend.
Private home completions up 18% to 8,789 units in 1H17
Sales of small units are driving this growth.
Hong Kongers burdened by soaring home prices
Mortgage-payment-to-income ratio rose to 54.2%.
Property sales drop 31% in July
There were 5,461 agreements signed.
Investments in en-bloc residential buildings hit $4b
Mainland developers are gaining interest in such projects.
Home buyers face skyrocketing management fees
Labour costs account up to 40% of these fees.
Residential supply to rise 94% in the next three years
21,000 units will be released annually.
Home prices predicted to increase 5-10% over 2017
Will cooling measures control the surge?
Home prices predicted to surge 15% in the next 2 years: JLL
Owner-occupiers' demand keep going up.
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