Residential Property
Luxury residential rentals declined in 4Q23
Some tenants reportedly prefer renting instead of owning.
Hong Kong property transactions down 3.7% in February: report
But value rose more than threefold, partly thanks to a sale of a shopping mall.
Hongkong Land Holdings posts US$582m net loss in FY23
The company attributed its loss to a gradual decline in its prime office portfolio valuation.
Relaxed property curbs to attract foreign homebuyers, says expert
The city’s wealthy population rose by 2.5% last year.
Home prices expected to decline in 2024: report
The city's property sector is also expected to face a gradual tightening of funding until prices stabilize in 2025.
Home prices are predicted to...
Residential property at No. 25 Junction Road, Kowloon up for sale
The asset features a total gross floor area of 4,834 sq. ft.
The residential property at No. 25 Junction Road, Kowloon, has been up for sale by...
MQDC unveils The Forestias to HK market with SQM
The Forestias will mostly complete in 2024.
Hong Kong investors seek out Thailand properties for higher rental return, capital gains
Buyers from the city account for a third of foreign purchased homes in Thai developer MQDC’s portfolio.
Gov’t to launch over 5,000 flats for sale under 2024-25 programme
The land sales programme comprises eight residential sites.
Mortgage loans soar 15.1% MoM in January
The number of mortgage applications in January reached 6,523.
HK’s land supply surplus to reach 14%
The potential land supply for the year is expected to reach a total of 15,000 units.
The anticipated land supply for 2024-2025 will surpass demand by...
Rollback of property cooling measures to spur sales, but no silver bullet to recovery
Analysts estimate up to a 15% sales increase, although prices may still fall in 2024.
What to expect in Hong Kong's real estate market this year
Looming new office supplies will drive up vacancies.
Private flat supply estimated at 109,000 units in next 3-4 years
The new estimate is 2,000 more than the previous forecast.
Gov’t OKs stamp duty amendment bill
The amendment will adjust to the demand-side management measures for residential properties.
Gov’t to commence sale of rehousing estate units on February
The rehousing projects will provide around 6,700 flats.
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