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Hong Kong Real Estate Blog

Housing Eats Up Record 34pc of Spending by Hongkongers ...
SCMP.com - April 29/16 : Housing eats up a record 34 per cent of Hongkongers’ monthly spending, as the cost of having a roof over one’s head in the city is 40 per cent higher than five years ago ...
Hong Kong Housing Sales Law Misses the Mark? ...
SCMP.com - April 29/16 : The Residential Properties (First-hand Sales) Ordinance has racked up only one prosecution case since it came into force three years ago, but the relevant authority has still hailed it as a success in tackling unscrupulous sales practices by property developers ...
Hong Kong March Home Prices Fall for 6th Straight Month Amid Rising Supply ...
BusinessTimes.com.sg - April 29/16 : Hong Kong's home prices posted their sixth consecutive month of decline in March, government data showed, with housing supply expected to hit a record high over the next few years ...
Link REIT Seeking Court Order to Bar Activists From Entering HQ ...
HongKongFP.com - April 29/16 : Real estate investment trust Link REIT began legal proceedings on Thursday against a group of pan-democratic lawmakers and other activists after they protested at its Kwun Tong headquarters ...
Hong Kong’s Repo Man is Back at Work in the Property Sector ...
SCMP.com - April 28/16 : Property foreclosures in Hong Kong continue to mount as home prices deflate, and analysts warn there could be more borrowers failing to pay mortgages on time as the downtrend continues ...
Canary in the Hong Kong Housing Market? ...
SCMP.com - April 28/16 : An increasing number of jittery homebuyer are walking away from flats they have bought and the loans used to fund those purchases, as Hong Kong’s economic prospects become more uncertain ...
Hong Kong Moves to Save Struggling Port ...
JOC.com - April 26/16 : The first meeting of the newly formed Hong Kong Maritime & Port Board will take place early next month. It is designed to deliver more effective governance and strategy over the development of the territory’s port and maritime sector ...
Hong Kong’s Urban Renewal Authority Denies Poor Flat Sales for De Novo Project ...
SCMP.com - April 26/16 : The management of Hong Kong’s Urban Renewal Authority has denied that sales of its subsidized flats in Kai Tak have been poor amid the city’s cooling housing market ...
Hong Kong government urged to provide incentives to attract private capital into "silver hair" market ...
SCMP.com - April 26/16 : In 20 years’ time, nearly one in three Hong Kong residents will be aged 65 or older. Tse is proposing the government encourage developers to provide aged-friendly features in their developments in return for saleable floor area exemptions for areas with such features ...
Hong Kong property developers selling off non-residential buildings ...
SCMP.com - April 26/16 : Hong Kong’s major property developers are speeding the sale of their non-core properties in a bid to lift revenue after investors’ demand shifted away from domestic-housing market due to increased risk, industry experts said ...
Versace bucks Hong Kong’s retail slump to open its Asia flagship store in Central ...
SCMP.com - April 25/16 : International fashion brand Versace plans to open its Asia flagship store in Central in October amid a retreat by other luxury brands that have closed or scaled back their operations in Hong Kong in the face of dwindling retail sales ...
Ways to ensure land resources in Hong Kong respond to the city’s social and economic needs ...
SCMP.com - April 25/16 : There has been much written regarding the “shortage of land” in Hong Kong and many suggestions as to how government should make more land available to meet Hong Kong’s residential, commercial, recreational and innovation/technology needs ...
Colliers International Hong Kong Strengthens Advisory Capability With Appointment of Daniel Shih as Director of Research ...
MarketWired.com - April 25/16 : Colliers International Hong Kong Limited announced today that Daniel Shih has joined the company as director of research. Shih brings a unique background in urban planning research and in-depth consultancy, including financial modelling of real estate projects ...
Does Hong Kong Really Need Large Infrastructure Projects on Lantau? ...
SCMP.com - April 24/16 : The Lantau Development Advisory Committee has called for comments from the public on plans to develop eastern Lantau and nearby islands into a transport, tourism and economic metropolis housing one million people serving the Pearl River Delta ...
Hong Kong Could Lose Foreign Real Estate Investors to Singapore, Japan ...
CFOInnovation.com - April 22/16 : A softening real estate market combined with political uncertainty in Hong Kong could make the city less attractive to foreign real estate investors, reports the South China Morning Post ...
Hong Kong Home Rents Inch Up After Declining for Six Months ...
SCMP.com - April 21/16 : Average rents at major housing estates in Hong Kong showed a slight recovery after declining for six consecutive months, according to a private survey ...
Hong Kong March Composite CPI Rises 3% on Year ...
MarketWatch.com - April 21/16 : Hong Kong's composite consumer price index in March rose a faster-than expected 3.0% from a year earlier but eased from the previous month due to a smaller rise in fresh vegetables prices, the Census and Statistics Department said Thursday ...
This Hong Kong Apartment is Small in Space but Big in Design ...
TheMalayMailOnline.com - April 20/16 : Hong Kong based design firm Laab Architects has proven in this clip that you don’t have to compromise on comfort even if you live in a tiny space by maximizing every inch of space you have with practical engineering ...
Hong Kong Investors Pay up to $466,000 for Carpark Lots as Property Prices Fall ...
StraitsTimes.com
- April 20/16 : Falling property prices in Hong Kong after a peak in September last year have led investors to turn their focus on another viable asset - carpark lots ...
Hong Kong Real Estate Agents face tough times as home sales drop 39 per cent in First Quarter ...
SCMP.com - April 19/16 : Hong Kong home sales dropped 39 per cent in the first quarter compared with the previous three months, to an all-time low of 6,221 in the first quarter, according to Jones Lang LaSalle, an investment management company specializing in real estate ...
Hong Kong Micro Condo design By LAAB Fits A Home Theatre And Guest Bed ...
HuffingtonPost.ca - April 18/16 :  A design firm has just proven that you don't have to give up perks like a home theatre system or a guest bedroom when you live in 309 sq. ft. LAAB Architects, based in Hong Kong, has released a design that maximizes the space inside a tiny unit that, in less creative hands, would be barely big enough to fit a bedroom ...
Hong Kong property prices to fall 20% by end of 2017 ...
SelectProperty.com - April 18/16 : Will property prices in Hong Kong have dropped by as much as 20% by the end of 2017? A new report published by brokerage group CLSA last Friday forecast a 19% depreciation in the value of the Chinese yuan in 2017, and the economic aftershocks will impact heavily on Hong Kong’s property market ...
Hong Kong Office, Retail Sectors Post Mixed Results in Early 2016 ...
WorldPropertyJournal.com - April 15/16 : According to global real estate consultant JLL, Grade A rents in Hong Kong's office market grew by 1.5% quarter-over-quarter in Q1 of 2016, led by rising rents in the Central District, which grew 2.5% on the quarter- Office leasing activity outside of Central remained subdued, reflecting the tight vacancy environment ...
Back to 1997? Why Chinese yuan and Hong Kong property prices may go down by a fifth next year ...
SCMP.com - April 15/16 : China is likely to “de-peg” the yuan from the US dollar in the second half of 2017, leading to a sharp depreciation of the currency and dealing a severe blow to Hong Kong’s property market, brokerage and investment group CLSA said in a report on Friday ...
Hong Kong Real Estate Regulator issues Competition Law Guidelines ...
Lexology.com - April 15/16 : The Estate Agents Authority has issued guidelines for real estate agents on Hong Kong’s new competition law. The guidelines summarise key features of the competition rules and answer common real estate sector questions ...
Foreclosed Luxury Flat at Hong Kong’s 39 Conduit Road offered for HK$37m less than price paid in 2014 ...
SCMP.com - April 14/16 : A distressed residential unit at Hong Kong’s prestigious 39 Conduit Road luxury development in Mid-Levels will be offered for auction at HK$37 million less than the price paid for it in 2014, a discount of 27 per cent. The 2,476 square feet unit at Unit B on the 39th floor comprising four bedrooms and a parking space will be auctioned with an opening bid of HK$98 million ...
Hong Kong Home Prices may rebound this Quarter, analyst says ...
eJinSight.com - April 14/16 : Hong Kong’s residential property prices may rebound slightly in the second quarter of this year owing to the recent stabilization in interbank interest rates and high demand in the market, an analyst said. However, Wong warned that there remain downside risks in the property market, including potential interest rate hikes and increasing home supply later this year ...
Wulian Smart Home On Display in Hong Kong ...
PRNewswire.com - April 12/16 : Wulian will exhibit its latest smart home products and solutions at the 2016 Hong Kong Electronics Fair. With a vision for a better world and a smart life, Wulian has been making progressive effort in the research and development of smart home infrastructures and providing solutions ...
Cooperative Plan shows the way ahead for Hong Kong Housing ...
SCMP.com - April 8/16 : Forming cooperatives to develop residential projects is a little-known but proven way in Hong Kong to meet the housing needs of genuine end-users ...
Hong Kong can preserve Heritage Sites without compromising on its housing needs ...
SCMP.com - April 1/16 : For a small place like Hong Kong, urban planning and redevelopment pose major challenges. Our heavily built-up city centre means we don’t have the luxury of planning everything from scratch. The result is often an ensemble of buildings in different styles ...



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