Property News & Insights
Explore OKAY.com’s latest property news and trends across the Hong Kong, China and Global property markets. With expert commentary and opinion, we keep you up to date on property happenings both near and far.
Mount Nicholson House Becomes 2nd Most Expensive Home in Asia
Selling at HK$56,843 per square foot, Dynasty Court on Old Peak Road has also set a record.19 March 2018 - Fetching HK$151,785 per square foot in a tender offer, a house at No. 2 Mount Nicholson has made Hong Kong property market headlines for becoming the second most expensive home in Asia on a square foot basis. The 9,217 sq.ft Hong Kong propert
Top 5 Tips for Negotiating Your Lease Terms in the Hong Kong Property Market
“How do I get the best rental for my new home?" This is a question my clients ask all the time. And it’s easy to see why: Hong Kong property prices are staggering compared to other countries. With corporate packages disappearing, a dollar saved is a dollar earned. So, what do you do if you find a Hong Kong apartment for rent that you love, but i
OKAY.com’s Leading Property Agents Look Back on 2017
12 February 2018 - OKAY.com saw tremendous growth in 2017: in addition to welcoming many new property agents, the company had a record year, including many real estate transactions on Hong Kong luxury properties HK$50 million and above. Here are some insights on what led to this success (and a few of last year’s challenges) from our own leading l
Top 12 Apps and Tools for Hong Kong Property Agents
2 February 2018 - Hong Kong property agents are spoilt for choice when it comes to technology: for many property agents, map-reading, calculator prodding, scouring newspapers for Hong Kong apartments for rent and the latest property prices, and carrying around stacks of paperwork, are things of the past. We asked our agents what their favourite ap
Achieve Your Hong Kong Property Goals for 2018: Here’s How…
29 January 2018 - It may be one month into the new year, but it’s never too late to set goals. While you probably don’t need to be reminded to get fit, eat healthy, and spend more time with your family in the new year, you may need new year’s resolution ideas for your Hong Kong home. Here are some new year’s resolutions for tenants, first-time ho
Hong Kong Property Market Forecast 2018
25 January 2018 - As expected, the 2017 residential housing market ended strong, with first-hand and second-hand property sales valued at HK$15.8 billion and HK$26.1 billion respectively, bringing the annual residential unit transaction amount to HK$556 billion—a 30 per cent surge compared to 2016. Since the second half of 2017, analysts have be
How to Work the Pantone Color of the Year 2018 into Your Hong Kong Home
15 January 2018 - Move aside, Greenery—it’s an Ultra Violet year. Bold, mystical and associated with the crown chakra—what is believed to be our gateway to higher states of consciousness—the vivid Ultra Violet can be worked into your Hong Kong property in magically subtle ways, or as unabashedly purple home décor. Here are our recommendations: Fif
Will the Hong Kong Property Market Crash in 2018?
12 January 2018 - Most likely not. Hong Kong’s position as a key Asian financial centre, stable market activity, economic growth, wealth, borrowing patterns and mainland Chinese influence, suggest that the city’s economy is relatively safe. However, considering that the Hong Kong economy and consumer sentiment depend on the health of global finan
A Review of the Hong Kong Property Market in 2017
11 January 2018 - The positive outlook of the Hong Kong property market from the second half of 2016 carried over into 2017, throughout which it experienced burgeoning growth. Hong Kong home prices rose for 20 months straight, despite government interventions to cool the housing market. First-hand residential property sales were remarkably strong
New Hong Kong Property Developments to Look Forward to in 2018
5 January 2018 - According to JLL’s December 2017 Property Market Monitor, home sales have risen by 7.7 per cent in November month-over-month. Residential capital values also increased by 1.2 per cent in November, boosted by a 14.1 per cent month-over-month uplift in second-hand property sales. The price surge occurred despite the rate hike cycl
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