Insights
Tag: New Territories
First hand homes for rent to reach almost 8000 units in Q1 2015
12 January 2015 - According to on.cc, new home rentals are set to peak in Q1 2015, with approximately 7,774 properties in 8 new projects due to be released. These account for almost half of the total completed units last year. The majority of these units are located in the New Territories, with an estimate of 5,400 homes in new projects that inclu
Occupy Central’s effect diminishes with property index hitting record high
17 November 2014 - Today marks the eighth week since Occupy Central began and latest statistics indicate a diminishing influence by the movement on the property market. According to the newest CCL index released on Nov 14, the index for all districts, except Hong Kong Island which dropped 2.78%, have recorded increases by 0.94% (Kowloon), 0.53% (E
Detached house in Tao Po Kau sells for HKD480 million
19 September 2014 - The super luxury residential market has become more active. According to the Land Registry, a detached house along Tai Po Kau Road No. 4781 recently sold for HKD480 million (HKD29,000 per sq. ft.). This marks a new record high for a single house in the New Territories. The site of the property is about 61,742 sq. ft. and the d
“The Seafront” house sold for record high of HKD55,889 per sq.ft
16 June 2014 - Many brand new residential developments were launched over the weekend with attractive stamp duty cash rebate packages on offer in time for Father’s Day. Ming Pao reported that 437 first hand residential units were sold during the weekend, including Sun Hung Kai Properties’ new project at “The Seafront” in Tsuen Wan West which sold
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