Residential Property

Hongkong Land offers $15m for unprivileged people, rent relief

A total of $5m was allocated to help unprivileged communities, tenants, and workers.

Hongkong Land offers $15m for unprivileged people, rent relief

A total of $5m was allocated to help unprivileged communities, tenants, and workers.

Residential transaction volume to drop 49% YoY in Q1 2022

The expected volume will be the lowest recorded since early 2020.

Slow down of launches to spur competition in the residential market: JLL

2022 saw the number of applications for pre-sale consent surge to 7,094, the highest ever recorded. 

Hong Kong property sales down by 32.4% MoM in February 

Total consideration for sale and purchase of properties also went down by 33.7% MoM.

Mortgage loan cap increase up to $12m is favourable: experts

Three industry leaders weighed in on the Mortgage Insurance Programme amendments.

Rent control bill aims to bury abusive ‘coffin home’ landlords

A ban on rent hikes in the first 2 years and caps on increases after that have landlords worried.

2,015 nano flats to be completed in 2022

Compared to 2021, the number of nano flats for completion doubled.

Property sales sink 16.5% MoM in January

When compared to January 2021, sales dipped by 4.8%.

88 Robinson Road completes sale by public auction

JLL served as the auctioneer for the property.

HK property market ‘on the cusp of full recovery’ in 2022

Thanks to the strengthened demand in the retail and industrial property sectors, analysts say.

Property sales dip 6.8% YoY in December

Total agreements recorded for the month were only at 7,076.

Property market on ‘cusp of full recovery’ in 2022: JLL

Across submarkets, retail will have the strongest growth next year.

State of the real estate: How the property market performed in October

Knight Frank cited trends that affected the performance of the market.

Interest in house buying dips to 13% in Q3: survey

The finding reflects a wait-and-see attitude amongst house buyers.

Private housing land supply unshaken by unsuccessful Tung Chung tender: gov’t

MTR Corporation rejected all bids for the property dev't at the Tung Chung site.