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Midland Realty

Landlords in New Territories are big winners amid Hong Kong’s property market gloom

by Anas Siddiqui
Landlords in New Territories are big winners amid Hong Kong’s property market gloom

An influx of students and working professionals is underpinning demand for housing in New Territories, lifting rents to the highest level in almost six years. That has made landlords in …

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Hong Kong developer Wang On prices Finnie in Quarry Bay at 3-year low, 32% discount

by Anas Siddiqui
Hong Kong developer Wang On prices Finnie in Quarry Bay at 3-year low, 32% discount

A Hong Kong developer has priced a new residential project in Quarry Bay a third lower compared with three years ago, as builders test the market’s appetite amid weak sentiment. …

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Hong Kong property: The Highline’s discount pricing helps sell over 50% of the units

by Anas Siddiqui
Hong Kong property: The Highline’s discount pricing helps sell over 50% of the units

Sales at a new residential project on Hong Kong Island petered out after starting briskly despite the developer pricing the flats 20 per cent cheaper than a property launched in …

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Hong Kong home sales fall to earth following end-of-curbs flight, dragged by gravity of high rates, inventory

by Anas Siddiqui
Hong Kong home sales fall to earth following end-of-curbs flight, dragged by gravity of high rates, inventory

In the primary market, transactions popped up significantly as soon as the government removed the property curbs. A total of 4,141 new residential units were sold in March, compared with …

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Hong Kong buyers shun new flats at Wheelock’s Park Seasons project as home sales slow in May

by Anas Siddiqui
Hong Kong buyers shun new flats at Wheelock’s Park Seasons project as home sales slow in May

Wheelock priced the latest batch between HK$4.5 million and HK$7.8 million after discounts. The average price of the units, which start at 283 square feet, rose marginally from the previous …

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Young homebuyers snap up discounted flats at Sun Hung Kai’s Yoho Hub II in Yuen Long

by Anas Siddiqui
Young homebuyers snap up discounted flats at Sun Hung Kai’s Yoho Hub II in Yuen Long

Hong Kong homebuyers continue to be enticed by discounts as they snapped up flats at Sun Hung Kai Properties’ (SHKP) new project in Yuen Long on Saturday. Out of 210 …

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Heavy rain dampens sales at Great Eagle’s Onmantin project in Ho Man Tin with 67 units sold of 150

by Anas Siddiqui
Heavy rain dampens sales at Great Eagle’s Onmantin project in Ho Man Tin with 67 units sold of 150

The listings for the one- to three-bedroom units, ranging from 340 sq ft to 783 sq ft, were priced from HK$7.01 million (US$897,200) to HK$19.4 million, or HK$18,597 to HK$28,350 …

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As Hong Kong property launches hit 7-year high, analysts say pent-up demand may moderate

by Anas Siddiqui
As Hong Kong property launches hit 7-year high, analysts say pent-up demand may moderate

CK Asset Holdings will also launch 15 of the 70 remaining units in its El Futuro project in Sha Tin. The first batch of the project was launched in 2020. …

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Hong Kong homebuyers, enticed by big discounts, snap up most flats on offer at Great Eagle’s Onmantin project

by Anas Siddiqui
Hong Kong homebuyers, enticed by big discounts, snap up most flats on offer at Great Eagle’s Onmantin project

As of 7pm, 220 of the 260 flats on offer at Onmantin were already sold, according to agents. The project recorded 7,500 orders from prospective buyers, or 28 times more …

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Hong Kong’s buoyant home sales to fight gravity of continued high interest rates as cut hopes dwindle, analysts say

by Anas Siddiqui
Hong Kong’s buoyant home sales to fight gravity of continued high interest rates as cut hopes dwindle, analysts say

Dwindling hopes for an interest-rate cut this year could put a damper on surging Hong Kong home sales, according to analysts. As of Tuesday, 5,109 new homes have been sold …

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