Residential Property
Private home completions up 18% to 8,789 units in 1H17
Sales of small units are driving this growth.
Hong Kongers burdened by soaring home prices
Mortgage-payment-to-income ratio rose to 54.2%.
Property sales drop 31% in July
There were 5,461 agreements signed.
Investments in en-bloc residential buildings hit $4b
Mainland developers are gaining interest in such projects.
Home buyers face skyrocketing management fees
Labour costs account up to 40% of these fees.
Residential supply to rise 94% in the next three years
21,000 units will be released annually.
Home prices predicted to increase 5-10% over 2017
Will cooling measures control the surge?
Home prices predicted to surge 15% in the next 2 years: JLL
Owner-occupiers' demand keep going up.
Primary transaction volume hits 13-year high
It surged 78% to approximately 9,780 registrations in the first half of 2017.
Hong Kong's approved mortgage loans up 30.6% to $41.7b
Number of applications jumped 13.8%.
Two factors that could weigh on the property market
Rising interest rates is one.
Why small-to-medium developers could lose share in land market
And PRC developers will likely dominate the game.
HNA eyes selling flats to Hong Kong staff
The apartments will be at the old Kai Tak airport site.
Property market in a 'dangerous situation': Finance chief Paul Chan
But the financial system is resilient enough to withstand correction.
Housing Authority sets rents for two new estates
Over 67% of the flats will rent for less than $2,500 per month.
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