Recent news about property in Hong Kong.

Launch of new homes to meet demand

Sun Hung Kai Properties launched the last batch of Century Link II, proof of good performance in primary property market. Sun Hung Kai Properties (0016.HK)’s Century Link II, 2nd phrase of Century Link in Tung Chung, sold out a total of 148 units on 18 September. The… Continue Reading →

Hot demand of HK small home flats

More 106 units of Upper East, a project of mini flats in Hung Hom by Kowloon Development, will be launched next week. The recent surge in local home prices would ease due to the prevailing bleak economic outlook. But for the time being,… Continue Reading →

Hong Kong’s home price indices hit record high

Price indices of July increased 0.8% to 303.6 since June, accumulated 9% up since January. Hong Kong Rating and Valuation Department (RVD) released the July report of Hong Kong’s private domestic price indices in Hong Kong. It recorded the indices… Continue Reading →

328 new home flats were sold in 10 hours

Sun Hung Kai ‘s Century Link II project received over 6,000 cashier’s checks, 18 times over-subscription. On 3 September, Sun Hung Kai Properties (0016.HK)’s Century Link II, 2nd phrase of Century Link in Tung Chung, sold out all 328 units of its first batch… Continue Reading →

Apply for subsidized-home flats in Hong Kong now!

Hong Kong Housing Authority (HKHA) invites 2,500 eligible Home Ownership Scheme (HOS) applicants by 8 September. HKHA launched the 1st round of the Extending the HOS Secondary Market to White Form (WF) Buyers in January 2013, the 2nd round applications… Continue Reading →

MTR Corp invited developers for new resident project

The 8th phase Lohas Park is open for bid. Hong Kong developers are invited by The MTR Corp (0066.HK) to submit their expressions of interest in 8th phase of Lohas Park at Tseung Kwan O until 26 August. Sun Hung Kai Properties (00016.HK) and Henderson Land (0012.HK) were… Continue Reading →

More HK primary homes will launch in August

HK developers continue to push out more primary flats despite HK second-hand home property is slowing down. Sun Hung Kai Properties (0016.HK) is launching 932 units at Century Link II, the 2nd phrase of Century Link in Tung Chung, by August. The phase… Continue Reading →

New China’s property tax law coming soon

Property Sector of Shanghai Composite fell 2.3% on 6 August The China National People’s Congress (NPC), China’s top legislature, has included Property Tax Law in a legislation plan released this week. China’s government is likely to complete the legislation process by the end of… Continue Reading →

Sun Hung Kai won a residential redevelopment project in HK

Urban Renewal Authority awarded the tender to Sun Hung Kai Properties, outbidding 19 developers including CK Properties and Sino Land. On 28 July, Urban Renewal Authority (URA) awarded the tender for a redevelopment residential site in Ma Tau Kok to Sun Hung… Continue Reading →

347 new home were sold within 12 hours

99% of 350 units were sold in Heya Crystal, residential redevelopment project of Hong Kong Housing Society. On 25 July, all 350 units of  Hong Kong Housing Society (HKHS)‘s private property project “Heya Crystal” at Cheung Sha Wan were launched and 347 units were sold… Continue Reading →

Mega redevelopment project has launched in Hong Kong

Henderson Land plans to build a shopping complex with 60 shops by the Tai Kok Tsui redevelopment project. Henderson Land (0012.HK) is going to launch a 4 phases of shopping complex (total gross floor area of 200,000 square feet) in Tai Kok Tsui, named Square Mile…. Continue Reading →

HK second-hand home property is slowing down

Hong Kong primary residential market are more attractive. Lately the price of primary residential market almost similar with the secondary-market flats, most of the home buyers prefer primary residential home to the secondary, the number of transaction in local second-hand property market… Continue Reading →

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