Residential Property

Residential prices to drop 5% to 10% due to high mortgage rates

Capital values of luxury residential will decline by 0% to 5%.

Yanlord’s Suhe Century project sold out with $5b pre-sales

The property's average selling price was $155,290 per sqm.

FS Chan to lead committee on land and housing supply

Chan said his committee will publish a 10-year land supply forecast.

Property sales fell by almost 21% in June

Over 6,290 sale and purchase deals for all units were received for registration.

Waiting time for public rental housing to increase within 5 years

It was already increased to 6.1 years in March 2022.

Urban development project at Kowloon City resumes

The 5,164-square-metre site has 155 private property interests.

Grade A office market’s net absorption hits 129,000 in May

It is the eighth consecutive month that the office market had positive take-up.

Residential sales volume to increase by 48% QoQ in Q2

The market is being driven by buyers looking for upgrading options.

Wai Chi-sing reappointed as URA head

Wai will extend his term for three years starting 15 June.

Development of 30 plots in Fanling and Yuen Long resumes

The lots have a total area of 1.12 hectares. 

Opening of new East Rail Line section to boost home prices

The extension of the East Rail Line will shorten travelling time for residents.

Property sales up 63.8% in May

However, it’s 11.3% lower compared to the previous year.

Barratt Developments appoints JLL as its sales and marketing agent in HK

JLL will be tasked to promote the developer's UK homes to HK investors.

Mass residential prices to decrease 5%: JLL

This is due to the dampened sentiment in the first quarter of 2022.