secondary home sales

New homes price-cuts capture Hong Kong buyers

Pending second-hand homes market is sluggish. Totally 482 transactions of first-hand residential property were recorded over the last weekend in Hong Kong. Offering tax rebate, mortgage plan and sub-secondary-market-levels pricing to buyers, CK Property (01113.HK) sold 450 of 560 units of… Continue Reading →

Price tag of HK new flats are close to 2nd-hand

Growing supply of new home flats suppresses the sale of secondary home market. Wheelock (0020.HK) priced its new residential project Capri, located in Tseung Kwan O, about 20 per cent below other launches of housing project located in the same district… 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 →

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 →

Hot sale of new homes in HK

During Easter holiday, the sale is good except the secondary home sale Developers offloaded 740 units in Easter break, primary residential market was very hot with the sale from two Tseung Kwan O projects, Twin Peaks and Hemera. The new flats have reportedly… Continue Reading →

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