Residential Property

Government mulls tax on vacant properties to boost home supply

Home ownership in Hong Kong has plunged to alarmingly low levels.

Government mulls tax on vacant properties to boost home supply

Home ownership in Hong Kong has plunged to alarmingly low levels.

Is Kwai Tsing the new home for Hong Kong's upper class?

It’s one of the top five fastest growing districts in terms of affluence.

Government mulls underground facilities to free up land for housing

Sewage plants and reservoirs can be relocated to caverns to build more homes.

Government estimates 96,000 units in private flat supply

This represents 1,000 less flats than the previous estimate.

Land shortage exceeds government estimate of 1,200 hectares

The government has identified 18 land supply options to plug the severe shortfall.

Why property ownership is a pipe dream

Hong Kong's expensive housing market has bred an unconventional low-cost housing alternative.

Home ownership plunges below 50% in 2017 as prices skyrocket

Only 49.2% of households own their occupied homes, representing the lowest level since 1999.

Homes grow more unaffordable as prices climb for 23rd consecutive month

Residential prices rose 1.6% in March, extending the uptrend since April 2016.

Housing chief hesitant on imposing minimum private flat size even as micro flats multiply

Secretary Frank Chan Fan believes that regulations may raise home prices.

Micro flats multiply as residents scramble for affordable housing alternatives

Flats of less than 20 square meters accounted for 4% of private homes completed in 2017.

Mortgage loans fall 14.7% to $32.5b in February

Loans for primary transactions plunged18.2% whilst loans for secondary transactions dropped 13.2%.

Housing Authority transfers rates concession to tenants

Maximum total amount is estimated at $2.45b and $50m for domestic and non-domestic licensees.

Posh home prices up for 20th consecutive month in February

A luxury apartment at the Peak sold for almost $130,000 per sq ft at $590.19m.

Homebuyer subsidy not feasible: Financial Secretary

If interest rates rise, lower property prices may only hurt mortgage payers.

Secondary home prices extend steep climb after rising 15.4% in January

Market prices increased for the 15th consecutive month but a slowdown may be looming.

Housing market defies cooling measures amidst aggressive market takeup

Wheelock & Co. sold all 750 apartments amidst a slew of 9,800 applications.