Residential Property

Hong Kong's residential rents may be bottoming out

The rental decline narrowed to 0.3% in January.

Strong sales unlikely to stem home price decline: JLL

Monthly sales need to hit 5,700 transactions to prop up slowing prices.

Two residential sites to be sold via tender

The sites are in Yuen Long and Kai Tak.

Property sales down 22.6% in January

The total consideration for the 5,589 deals hit $72b.

Less than 100 luxury homes will be built in 2019: JLL

New home supply at the Peak is set to fall to 13 units per year.

Government gives discounted land to Housing Society to boost public housing supply

The society will build 6,600 flats across Kowloon from 2024-2026.

Hong Kong hit by first wave of negative equity in two years as home prices fall

The aggregate value of mortgages in negative equity hit $1.19b in Q4.

Lantau site up for tender

It is designated for private residential purposes.

Developers deploy discounts to sustain sales in January

Sun Hung Kai discounted its Ma Tau Kok apartment complex by 50% on average.

Prime apartment rents could rise by up to 5% in 2019

Leasing costs may rise at a slower pace compared to the previous year.

Property deals down 5.5% to 79,193 in 2018

The trade spat and China's economic slowdown hit demand.

Government targets 12,600 public housing flats on Kai Tak by 2026

The former airport area could provide homes for 35,100 residents.

Hong Kong's university graduates are joining the public housing race

The number of applications hit as high as 32,000 in the year to March 2015.

Hong Kong's property prices may continue to fall in 2019

Slowing Chinese buyer demand and rising mortgage rates will drive down prices.