Insights

Tag: hong kong property

Mainland flat viewing tours plunge by 95% during May “Golden Week”

6 May 2015 - As an important holiday for Hong Kong’s tourism industry, the May “Golden Week” has regularly filled the city with tens of thousands of mainland tourists along with billions of cash ready to flow into the Hong Kong real estate market. This year, the number of mainland tourists continued to rise despite the newly implemented “one-visit
By: OKAY.com

OKAY.com Selected as Best Property Agent Website

5 May 2015 - OKAY.com is pleased to announce its win for 'Best Property Agent Website' at Squarefoot's Best of the Best Awards 2015 as determined by an expert judging panel and public vote. As one of Hong Kong’s leading property media brands, Squarefoot aims to celebrate the highest levels of achievement and recognize and commemorate MNCs and indi
By: OKAY.com

Hong Kong property rents drop for the first time after continuous climb over the past year

22 April 2015 - Many home seekers will be glad to learn that Hong Kong home rentals recorded a drop in March for the very first time in over a year. This trend is expected to persist in the second half of the year, with a larger number of new developments expected to be launched in those months.According to Centadata, secondary home rentals at 100
By: OKAY.com

Asia record-breaking sale in 39 Conduit Road at HK$93,000 per sqft.

6 April 2015 - A unit at 39 Conduit Road was recently sold for a whopping price of HK$433 million, with the price per sqft. amounting to HK$93,000. This supersedes the HK$82,000 price per sq.ft. record set by Swire Properties’ Opus Hong Kong and throughout Asia in 2012. Developed by Henderson Land Development, the luxurious unit is a 45th-floor, 4
By: OKAY.com

Rezoned land in Western District to provide 3,000 new residential units

30 March 2015 - Following the new MTR extension, new land for potential property developments in the Western District is in high demand. In the recent District Council meeting concerning the development of west Kennedy Town, the proposed rezoning plan gained general support despite some expressing their worries about the community’s carrying capac
By: OKAY.com

Hottest Neighborhoods for HK Foodies

An important consideration for every individual, couple or family starting their home search is choosing a neighborhood that meets your needs. For Foodies, the right neighborhood includes great restaurants, bars, and bakeries. Here are a few districts that feature some of the best food and authentic French spots that my family and friends love! Ke
By: Nora Souhlal

Western District rentals narrow gap on Wan Chai, with double-digit increase in Q1

25 March 2015 - Homeseekers used to compromise on accessibility for cheaper rent when looking for properties in the Western District. Yet the district’s rental price has recorded a significant double-digit increase since the opening of the West Island Line three months ago.According to On.cc, the average rent per square foot for The Merton and Que
By: OKAY.com

Property listed for 8 months sold in 8 days after professional photos taken

15 March, 2015 - With the growing trend of online property search, the quality of property photos is crucial in attracting leads for agents. A house in Orlando, USA, sat on the market for nearly 8 months before finally sold in just 8 days thanks to the newly-appointed agent’s professional photo-shooting skills.He uploaded the re-taken photographs
By: OKAY.com

‘Hot’ listing – An entire “Wild West” town in California for sale at HKD$7M

12 March 2015 - The price for a normal ‘shoebox’ apartment in Hong Kong could always buy something unimaginable on the other side of the world, and now it can buy an entire Wild West town in California, USA.Located in Valley Center of San Diego, the town was formerly a private film set for movies and advertisements. Listed at USD$900,000 (approxim
By: OKAY.com
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