Hong Kong Property News -

Price Index Increases by 0.74% Week-on-Week: Tariffs and New Developments May Continue to Put Pressure on Property Prices

Mori Adds 75 Units with Discounts up to 36%, Starting From HK$3.25 Million

Sierra Sea in Sai Sha Launches 158 Units From HK$2.99 Million

Price Index Increases by 0.74% Week-on-Week: Tariffs and New Developments May Continue to Put Pressure on Property Prices

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...

28Hse Editor #Wed Property Focus 2024-11-13 10.7K 85

The luxury property market continues to attract mainland Chinese buyers. Recently, a large flat at 3 Lung Kui Road, Beacon Hill, part of the Mont Verr...

28Hse Editor #New Properties 2024-11-11 244 21

With hopes of further interest rate cuts, buyer confidence has been strengthening. In Ma On Shan’s Symphony Bay, two units were sold this month,...

28Hse Editor #Transaction 2024-11-08 302 1

The Lands Department announced that in October, four new developments were granted pre-sale consents, involving a total of 1,633 units. Among them, Ne...

28Hse Editor #New Properties 2024-11-07 313 1

With the secondary property market still sluggish, a two-bedroom unit at The Pavilia Bay in Tsuen Wan was recently sold for HK$8.2 million, marking a ...

28Hse Editor #Transaction 2024-11-06 319 1

Buying a property is a major life decision, and many people worry about missing important steps that could lead to the transaction falling through. After the buyer signs the Formal Sale and Purchase Agreement and the bank’s mortgage offer letter, what procedures still need to be completed?Onc...

28Hse Editor #Wed Property Focus 2024-11-06 10.5K 153

The new seafront residential project Double Coast I in the Kai Tak development area released 58 flats for sale over the weekend, at listed prices. Acc...

28Hse Editor #New Properties 2024-11-04 243

On October 25th, the plot at the intersection of Sha Tin Wai Road and Siu Lek Yuen Road in Sha Tin was closed for bidding. The plot, with a maximum de...

28Hse Editor #New Properties 2024-10-30 350 3

Many tenants believe that renting a property only involves paying rent on time, but in reality, there are many additional costs, such as management fees, internet fees, stamp duty, and utility bills (water, electricity, gas). It is important to clarify these details with the landlord when signing th...

28Hse Editor #Wed Property Focus 2024-10-29 6.8K 86

Hang Lung Properties has updated the price list for its Kowloon Bay project, The Aperture, raising prices for 10 units by 1% to 5%. These 10 two-bedro...

28Hse Editor #New Properties 2024-10-29 174 1

The Cheung Sha Wan residential project Echo House, developed by Chinachem in collaboration with the Urban Renewal Authority, launched its first round ...

28Hse Editor #New Properties 2024-10-28 173 4

Sun Hung Kai Properties (0016) has launched another 139 flats from its Yoho Hub II development in Yuen Long, according to Price List No. 7, released y...

28Hse Editor #New Properties 2024-10-25 235 2

Sun Hung Kai Properties has confirmed that this Saturday (October 26), it will release another 121 units from its new development Cullinan Sky, locate...

28Hse Editor #New Properties 2024-10-23 300

The annual Policy Address was released last week, and as always, housing is a key issue of public concern. Even before the report was announced, Chief Executive John Lee had already hinted at addressing the issue of subdivided flats (also known as “劏房”), and there was much speculation in...

28Hse Editor #Wed Property Focus 2024-10-22 4.8K 39

Over the weekend, two major new developments went on sale, driving a surge in primary market transactions. Between October 19 and 20, the market recor...

28Hse Editor #Transaction 2024-10-21 162