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property cooling measures

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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Hong Kong property: most middle-income households see prices rising now restrictions are in the past, Citibank survey finds

by Anas Siddiqui
Hong Kong property: most middle-income households see prices rising now restrictions are in the past, Citibank survey finds

Among them were 200 who fell into an “affluent segment” with liquid assets of HK$1.5 million (US$190,000) or above. Almost three quarters of the wealthier respondents expressed an interest in …

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Hong Kong property: mainland Chinese buyers snapping up 8 out of 10 new homes in some sales, agents say

by Anas Siddiqui
Hong Kong property: mainland Chinese buyers snapping up 8 out of 10 new homes in some sales, agents say

“The entry of mainland buyers into Hong Kong property market effectively offsets the purchasing power loss caused by population outflow and emigration waves in recent years, providing stability to Hong …

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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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CK Asset’s Blue Coast flats are 65 times oversold as buyers snap up discounts in Hong Kong’s biggest home launch this year

by Anas Siddiqui
CK Asset’s Blue Coast flats are 65 times oversold as buyers snap up discounts in Hong Kong’s biggest home launch this year

CK Asset’s Blue Coast project in Wong Chuk Hang, one of Hong Kong’s biggest residential launches this year, was snapped up by eager homebuyers rushing to take advantage of attractive …

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Hong Kong property agencies Centaline, Midland forecast property sales hitting 10-month high in March

by Anas Siddiqui
Hong Kong property agencies Centaline, Midland forecast property sales hitting 10-month high in March

Hong Kong property sales are expected to hit a 10-month high in March following the removal of all of the city’s property cooling measures, two leading property agencies said. Midland …

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10 months and counting: Hong Kong home prices worsen in February to the lowest level since September 2016

by Anas Siddiqui
10 months and counting: Hong Kong home prices worsen in February to the lowest level since September 2016

The price decline last month preceded the government’s lifting of all property cooling measures amid slower than expected economic growth and a high-interest rate environment that has dented demand for …

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Hong Kong property: Henderson to launch 7,100 new homes this year, saying market has ‘bottomed out’ and ‘stabilised’

by Anas Siddiqui
Hong Kong property: Henderson to launch 7,100 new homes this year, saying market has ‘bottomed out’ and ‘stabilised’

Henderson Land Development, one of Hong Kong’s biggest developers, said it will launch some 7,100 new residential units this year, 7 per cent fewer than last year, after reporting a …

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Hong Kong’s property downturn yet to run its course, with home prices set to decline by up to 10% this year, S&P says

by Anas Siddiqui
Hong Kong’s property downturn yet to run its course, with home prices set to decline by up to 10% this year, S&P says

Hong Kong’s current property market downturn is cyclical and not structural, according to S&P Global Ratings, which expects home prices to decline by as much as 10 per cent this …

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Hong Kong homebuyers snap up Uptown East flats worth US$179 million in Kowloon Bay, as market rebounds after curbs removal

by Anas Siddiqui
Hong Kong homebuyers snap up Uptown East flats worth US9 million in Kowloon Bay, as market rebounds after curbs removal

The first batch of flats on sale include studios and two-bedroom units, ranging in size between 278 and 561 square feet (25.8 and 52 square metres). The units were priced …

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