When purchasing a property, buyers typically pay the initial and final deposits by cheque. In cases of urgent deals, some buyers may even issue cheques immediately. To ensure maximum security, it’s best to make the cheque payable to the seller’s law firm, which acts as an escrow agent. B...
In modern cities, most residential buildings, apart from standalone houses and low-density residences, often exceed 30 stories. Elevators play a crucial role in ensuring convenience for residents. However, it is worth noting that the design and availability of elevators in a building can significant...
In the previous article, we discussed the important information you can uncover through a property search, such as ownership details and property-related encumbrances. This time, we’ll dive into the steps involved in conducting a property search, as well as the costs, so you can do it yourself...
You’ve probably heard that it’s essential to conduct a property search before signing a Provisional Sale and Purchase Agreement. Sometimes, agents will even provide this information for you. But what exactly can you find in a property search, and why is it so important? Let’s break...
In recent years, many new Home Ownership Scheme (HOS) flats have layouts where the bathroom is positioned directly opposite the entrance. From a feng shui perspective, this is considered unideal for residents’ health and finances. As a result, some homeowners choose to swap the positions of th...
In Hong Kong, where space comes at a premium, small apartments often face storage challenges, leading to cluttered living environments. So, how can you maximise storage while keeping your home practical and organised? Here are three popular solutions:1. Install Platform BedsPlatform beds are...
Water leakage in a unit can be a significant concern for both landlords and tenants, particularly when considering the purchase or rental of a second-hand property. Addressing this issue should never be delayed, as it can escalate and disrupt daily life. Here’s a guide on how to handle such si...
In Hong Kong, many people cherish their pets, treating cats and dogs not just as animals but as beloved family members. This affection often influences pet owners to prioritise pet-friendly accommodations when looking for places to rent. What should landlords keep in mind if they decide to rent thei...
Whether renting, buying, or listing properties, buyers or property owners often engage real estate agents to help minimise unnecessary complications during negotiations. What qualifications should a real estate agent possess, and how can you confirm that an agent is properly qualified?Firstly, acco...
Whether dealing with a new or resale property, homeowners invariably encounter decisions regarding home renovations and custom furniture. While new properties typically come with essential fittings, they still require furniture to be fully habitable. Some homeowners opt for custom-made furniture to ...
As many couples plan to welcome their "dragon babies" during the auspicious Year of the Dragon, preparing a nurturing space at home becomes a priority. Redesigning your living environment to include a nursery is an essential step. Below are detailed suggestions for new parents on how to design and d...
As housing units get smaller and property prices continue to rise, many developers are adopting open kitchen designs to maximise space. Some homeowners even choose to convert their enclosed kitchens into open ones. But is this really a good idea?There are both advantages and disadvantages to open k...
To address financial challenges, many parents in Hong Kong work full-time, leading families to hire domestic helpers to care for young children. However, employers must arrange proper accommodation for their helpers. With living spaces in Hong Kong becoming increasingly compact, is it still possible...
In the latest Policy Address, the government relaxed the mortgage cap for both residential and non-residential properties, increasing it to 70%. This change also benefits parking spaces. According to data from the Land Registry, there were 386 parking space registrations in October, a 23.7% increase...
Hong Kong has been the world's most unaffordable housing market for 14 consecutive years. Last year, the affordability ratio was 16.7, meaning it would take a household 16.7 years of saving, without spending on anything else, to afford a home. Saving enough for the down payment is already challengin...
