Residential Property
Residential sales jump 12.7% MoM in August
JLL attributed the increase to the handful of primary projects launched during the month.
Residential sales jump 12.7% MoM in August
JLL attributed the increase to the handful of primary projects launched during the month.
Why tax deduction on domestic rents is not really a win for tenants
Under a newly passed bill, about $100,000 can be deducted from a tenant’s annual rent.
Home prices to bottom out in September or October: C&W
In the first seven months of 2022, prices fell 4.5% YoY.
Property sales jump 4.8% in August
Compared to August 2021, however, sales were lower.
3-storey residential block at Grampian Road up for sale by public auction
It has a reserve price of $404.25m.
Tender sites sell below average prices amidst property market woes: JLL
Bidders have turned conservative as mass housing prices fall.
82.1% undivided shares of Yee Lin Mansion launched for collective sale
It will be sold via expression of interest.
Sun Chun Street property in Tai Hang sold for $588.7m: JLL
The property was sold through public auction.
$175m-worth of residential units in SOHO district up for sale
It will be sold on an "as-is" basis.
Residential sales in July dampened by rate hikes
The average mortgage rate reached 2.5% by the end of the month.
HK grants relief measures for public rental housing tenants
The SHC will waive the extra rent payable in the first 12 months after the rent adjustment.
Why demand for nano flats is subsiding
Projects like SOYO in Mongkok only sold less than 30% of its 120 units.
Property at Sun Chun Street up for public auction
The property has a reserve price of $588.7m.
Property sales drop 49.8% YoY in July
There were only 4,997 units sold during the month.
Approved mortgage loans drop 5.9% MoM in June
The drop was likely due to the decrease in applications during the same month.
Super luxury homes sustain demand but sales remain weak
Record luxury property transactions have boosted confidence in the market.
Over 90% undivided shares of Tai Kok Tsui site on sale: CBRE
The 10-storey industrial building is on sale until 15 September.
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