purchasing homes

HK property price turns to downward trend

However, common Hongkongers are convinced they cannot buy their first homes. Citibank interviewed 500 people in September, about 52% of them believe property price levels will go down in the following year, 58% reckon there is no chance for them to afford a home… 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 →

HK developers gained from hot market of new homes

Sino Land and K Wah International gained HK$ 3.3B from selling 384 units at join-project Corinthia By The Sea. US Federal Reserve will keep interest rate low, so it pushed the sale of new home in Hong Kong. Sino Land (0083.HK) and… Continue Reading →

Robust sales of new homes in HK with lower prices

Sales prices after discounts slightly lower than nearby projects in Tseung Kwan O like The Beaumount and Lohas Park Phase I. In 28 May, CK Hutchison (0001.HK)’s The Beaumount II a property, located at Tseung Kwan O, recorded 26 times oversubscribed and robust sales as… Continue Reading →

Hong Kong developers roll out new homes to draw buyer attention

Good sales of launch increases property developers income Hong Kong developers rolled out new flats at higher prices last week after tighter mortgage rules make purchasing flats in the resale market more difficult. Cheung Kong (0001.HK) put the last 32 flats at… Continue Reading →

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