Residential Property
New residential launches halved in July-August
Billion Development’s The Aurora's sold-out units are Tsuen Wan's cheapest in a decade.
New residential launches halved in July-August
Billion Development’s The Aurora's sold-out units are Tsuen Wan's cheapest in a decade.
Property sales down for third straight month in August
Sales plummeted 30.4%, a $18.05b loss compared to a year earlier.
Tuen Mun site sold for $244.19m
It is designated for private residential purposes.
Property sales crash 24.6% to $54b in July
Buyers remain hesitant to purchase property amidst an uncertain economic environment.
Nano flats supply to surge 60% in the next two years: study
It will account for roughly 5% of the total new private housing supply in 2019.
Kai Tak site sold for $12.74b in cheapest land sale in three years
A joint venture led by Wheelock Properties and COLI bought the site.
4,800 private flats completed in Q2
About 93,000 flats will be available in the next three to four years.
Home sales crashed 44% to 4,627 in May amidst launch drought
A property at Mount Nicholson on the Peak changed hands for $916m.
Less Hong Kongers expecting home prices to rise
The number of respondents forecasting home prices to grow fell to 36% from 42%.
Luxury apartment transactions fell by 24.8% in Q2
Residential demand may pull-back over the next three to six months.
Posh home rents down 1% in Q2
Hong Kong Island, Kowloon, and New Territories’ rents fell by 1.0%, 0.8%, and 2.5% respectively.
Property sales down 1.5% to $397.5b in H1
The number of deals fell 7.2%.
Over 5,400 flats up for grabs by H1 2019-20
Around 1,350 flats will be available in Kai Tak and Tuen Mun by Q3.
Home sales rose 4.9% in May to 8,208 units
One house at Mount Nicholson sold for $916m.
Home sales hit near-seven-year high in Q2
There were 10,128 sales and purchase agreements in April alone.
Home sales climbed 49.5% to 7,822 units sold in April
The property market could be warming up.
Home sales hit 7-year high in May
Volumes rose by 49% YoY to 8,208 deals.
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