Insights
Tag: property investing
Cheung Kong’s City Point Development in Tsuen Wan sees 1-day sellout
28 May 2014 - The SCMP today reported that Cheung Kong sold all 591 units offered as part of its first batch of sales of the City Point Development in Tsuen Wan yesterday. Cheung Kong said that the project, with 1,717 units in total, should launch the second batch of sales – 354 units – later this week.The first batch was announced in conjunction
How bad will the Property Market Correction Be in Hong Kong?
26 May 2014 – Relative to some analysts that have been predicting 20-30% declines in the Hong Kong property market, I've been much less pessimistic in my view on the markets. Over the last year, I’ve told clients that while I do believe a downward correction is coming, the decline will be more modest - around 10-15% in the next 1-3 years. There
OKAY.com interviewed on Property Market on RTHK
26 May 2014 - Joshua Han Miller, CEO of OKAY.com, recently joined RTHK's Money for Nothing program to talk about OKAY.com's unique business model and his views on the current property market. "Current property price levels - where supply and demand curves meet - are just like stock markets. When there are low transaction volumes, it's not a real e
Cooling measures set to be relaxed slightly
14 May 2014 - Measures put in place last year to double stamp duties on all property transactions are set to be modified to provide home buyers more time in which to sell their existing units.Under the current implementation, those exempted from the double stamp duty include first time buyers and those not in possession of another Hong Kong proper
Hong Kong Government to Possibly Relax the Double Stamp Duty Policy
13 May 2014 - The government today announced it may relax the policy relating to the Double Stamp Duty imposed on purchasers of property in Hong Kong. The policy, imposed in February 2012, has thus far required buyers to pay double stamp duty if they do not sell their existing unit within six months of buying a new unit. This has been seen by man
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