Residential Property
Rich Hong Kong families sell mansions at a loss to repay debt
A stuttering economy has driven some to offload their assets for as low as half the price.
Rich Hong Kong families sell mansions at a loss to repay debt
A stuttering economy has driven some to offload their assets for as low as half the price.
Lee says new subdivided units policy balances demand and market health
He also noted that the new system does not intend to make what is illegal legal.
Gov’t eases mortgage measures to boost property market
The maximum loan-to-value ratio for all properties has been adjusted to 70%.
Gov’t proposes policy to reclassify compliant SDUs as basic housing units
This will allow owners of upgraded SDUs to apply for BHU recognition.
2024 Policy Address: Housing, infra policies will boost Northern Metropolis visibility
An analyst suggests careful land use allocation in the area to ensure sufficient housing.
2024 Policy Address: HKMA to adjust LTV ratio for all properties to 70%
Meanwhile, the maximum debt servicing ratio for properties will be 50%.
2024 Policy Address: LTV ratio relaxation won’t reverse downward trend in housing prices
The government adjusted the maximum mortgage LTV ratio for residential properties to 70%.
2024 Policy Address: Expanded immigration scheme to have limited impact on residential market
The measure, however, will have an "immediate" impact on luxury residential sales.
2024 Policy Address: 60,000 housing units to be built in Northern Metropolis
Over 150,000 housing units are expected to be built there over the next decade.
2024 Policy Address: HK expands investment scheme to include residential property assets
The assets must be valued at over $50m.
2024 Policy Address: Hong Kong to eradicate subdivided flats under 8 square meters
Owners must convert substandard SDUs to basic housing units.
Mid-levels East Outline Zoning Plan gets final approval
The plan covers 63.34 hectares and is available for public inspection.
Gov’t amends statutory compulsory sale regime
The amendment will take effect on 6 December.
Gov’t urged to explore innovative solutions to ease housing crisis
Experts recommend intergenerational and inclusive housing as well as repurposing buildings.
Rate cut and soaring stocks may boost housing market
With 109,000 available housing units, pressure on secondary prices is expected to persist.
Mei Tin Road site in Tai Wai up for sale via tender
The site was later added to the land sale programme due to positive market responses.
Gov’t issues three pre-sale consents for residential developments in Q3
The developments will provide 213 residential units.