Sun Hung Kai Properties' release yesterday of the first batch of 50 flats at its luxury Riva residential project in Yuen Long underscored the weakening property market.
- Mon
- Mar 25, 2013
- Updated: 11:31pm
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This represents a significant increase in the company's residential sales on the mainland, which were close to two billion yuan last year, despite the central government maintaining a tight grip...
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The government's efforts to cool the property market appear not to have dampened developers' appetite for land, with 14 of them submitting bids for a residential site in Sha Tin yesterday.
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Hongkongers are the second-biggest overseas buyers for new properties in London after Singaporeans, a survey shows.
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This represents a significant increase in the company's residential sales on the mainland, which were close to two billion yuan last year, despite the central government maintaining a tight grip...
03:37AM
The government's efforts to cool the property market appear not to have dampened developers' appetite for land, with 14 of them submitting bids for a residential site in Sha Tin yesterday.
04:48AM
Hong Kong remains the most expensive city in the world for billionaire trophy homes, a report by international property consultancy Savills says. "Billionaire" properties in the city average £7,...
08:36AM
Home sales in the secondary market have plunged to historical lows, hit by increased mortgage rates and developers' competitive pricing strategies on new developments that have lured home seekers...
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New stamp duties rolled out over the last few months to try and cool the property market have been a big blow for expatriates in Hong Kong - and a matter of some confusion.
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International
Hongkongers are the second-biggest overseas buyers for new properties in London after Singaporeans, a survey shows.
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Policy measures relating to taxation and lending conditions can significantly influence buyers worldwide, including luxury home buyers, says Christie's International Real Estate.
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Rents for single-family homes are rising more slowly than property prices as firms such as Blackstone Group flood the market with homes for lease, posing risks to investors betting billions on the...
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New private home sales in Singapore plunged 65 per cent last month from a month before as market cooling measures and the Lunar New Year holidays kept buyers away, official data showed.
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Q&A With Our Experts
Q:I have saved about HK$500,000. I want to use it for the down payment for a mortgage on my first home. Where can I find properties priced slightly over HK$2 million? What are the options?
Full answerQ: My employer pays me a monthly rental allowance of over HK$10,000 and I am entitled to this for two more years. I have been using it to rent an apartment, but as property prices keep climbing, I am thinking about buying. Should I give up the rental allowance now or wait till later?
Full answerQ: I am an expat who is currently renting an apartment in North Point. But the lease will expire soon and I am planning to move to Wan Chai which is more vibrant. With a budget of less than HK$20,000 a month, what are the options on the market if I want to look for a one-bedroom flat?
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