Residential Property
Government estimates 96,000 units in private flat supply
This represents 1,000 less flats than the previous estimate.
Government estimates 96,000 units in private flat supply
This represents 1,000 less flats than the previous estimate.
Land shortage exceeds government estimate of 1,200 hectares
The government has identified 18 land supply options to plug the severe shortfall.
Why property ownership is a pipe dream
Hong Kong's expensive housing market has bred an unconventional low-cost housing alternative.
Home ownership plunges below 50% in 2017 as prices skyrocket
Only 49.2% of households own their occupied homes, representing the lowest level since 1999.
Homes grow more unaffordable as prices climb for 23rd consecutive month
Residential prices rose 1.6% in March, extending the uptrend since April 2016.
Housing chief hesitant on imposing minimum private flat size even as micro flats multiply
Secretary Frank Chan Fan believes that regulations may raise home prices.
Micro flats multiply as residents scramble for affordable housing alternatives
Flats of less than 20 square meters accounted for 4% of private homes completed in 2017.
Mortgage loans fall 14.7% to $32.5b in February
Loans for primary transactions plunged18.2% whilst loans for secondary transactions dropped 13.2%.
Housing Authority transfers rates concession to tenants
Maximum total amount is estimated at $2.45b and $50m for domestic and non-domestic licensees.
Posh home prices up for 20th consecutive month in February
A luxury apartment at the Peak sold for almost $130,000 per sq ft at $590.19m.
Homebuyer subsidy not feasible: Financial Secretary
If interest rates rise, lower property prices may only hurt mortgage payers.
Secondary home prices extend steep climb after rising 15.4% in January
Market prices increased for the 15th consecutive month but a slowdown may be looming.
Housing market defies cooling measures amidst aggressive market takeup
Wheelock & Co. sold all 750 apartments amidst a slew of 9,800 applications.
Government mulls developing underperforming Tuen Mun terminal into housing estate
The 65-hectare site could provide some 20,000 homes.
Budget 2018 mum on addressing housing woes: Natixis
The administration's focus on education and IT is drawing attention away from the more pressing housing issue.
Property sales rose 32.8% to 7,456 in February
Total consideration for the sale and purchase agreements hit $62.6b.
Hong Kong opens up land bidding process but still lags on transparency
The government will provide data on all bids only after the winning transaction is sealed.
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