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.
Poorer residents in London luxury development forced to use different entrances and facilities
29 July 2014 - Hong Kong people are active buyers of London residential properties. A London media reported that “One Commercial Street” in London, which was launched in Hong Kong a year ago, forced poorer residents to use a backdoor in the alley instead of the residential building's main entrance. Additionally, bicycle storage spaces, rubbish dis
Cheung Kong sales revenue crosses HK$20 billion aided by Mont Vert launch
28 July 2014 - 433 units at Cheung Kong's “Mont Vert (Phase 1)” development in Tai Po were quickly sold during the first two days of its launch, cashing in over HK$2.6 billion. Adding to other developments sold earlier this year, Cheung Kong has already received over HK$17.6 billion in year-to-date residential sales. This compares very favourably
Residential mortgage loans in negative equity decreased to 30 cases in Q2
26 July 2014 - Recent figures released by the Hong Kong Monetary Authority highlight a decrease in residential mortgage loans (RMLs) that have been forced into negative equity. 30 cases were recorded at end-June 2014 compared with 81 cases at end-March 2014. The aggregate value of RMLs in negative equity decreased to HK$129 million at end-June 201
73,000 flats to be available in the next few years, marking 8-year high
26 July 2014 - The Government has been actively launching residential sites in recent years. According to figures from the Transport and Housing Bureau, construction began on 12,300 private housing units during the first half of 2014. This is the highest figure since records began in 2004. The figures showed that 73,000 flats will be available in
HOS flat is first to surpass monthly rent of ten thousand in Tin Shui Wai
25 July 2014 - A 3-bedroom Home Ownership Scheme flat sized at 598 sq. ft. (net) at Tin Oi Court in Tin Shui Wai was recently leased for HK$11,300 despite its remote location and status under the scheme. The rental rate is even higher than that of private housing estate “Kingswood Villas” within the district. The transaction is the first HOS flat
Kerry Properties to launch 3 luxury home projects in the second half
24 July 2014 - Kerry Properties (00683) is planning to launch 3 luxury residential projects including No.1-3 Ede Road in Kowloon Tong, “No. 8 LASALLE” in Ho Man Tin and “Dragons Range” in Kau To, Sha Tin in the second half of the year. The three projects will provide a total of over 1,100 units. Th 56 units at “No. 8 LASALLE” will be placed on t
Stanley residents object to redevelopment plans of “Blue House Restaurant”
23 July 2014 - The Miramar Group has submitted an application for redevelopment of its “Blue House Restaurant” in Stanley with the intention to build a hotel on the site. This has upset residents and tourists who fear that the landmark area and landscape behind the building would be demolished if plans go ahead. The Town Planning Board has receive
Kensington Hill to be put on sale in August
22 July 2014 - Wheelock Properties cashed in over HK$13.5 billion from real estate project sales in the first half of 2014, with revenue already exceeding the target set earlier for the whole year. After the launch of “GRAND AUSTIN” in Tsim Sha Tsui, Wheelock is planning to launch its Sai Ying Pun project “ Kensington Hill” in the second half. Whe
John Tsang reminds the public to beware of hot sentiment
20 July 2014 - The Financial Secretary of Hong Kong, John Tsang Chun-wah, recently expressed in his blog that he is relieved that the Double Stamp Duty was approved by Legco within the 2014 Legislative Session. Tsang mentioned that demand in the property market has eased after implemention of the Special Stamp Duty, Buyer Stamp Duty and Double Sta
OKAY.com Appoints Edelman Hong Kong
18 July 2014 - OKAY.com, a group of leading property agents and technology entrepreneurs dedicated to providing more choice to people looking to buy, sell or invest in property, has appointed Edelman, the world’s largest independent PR firm, as its public relations agency of record. Edelman will partner with OKAY.com to provide corporate media re
OKAY.COM App
Let's Connect
Signup to receive the latest properties
15/F, Wilson House, 19-27 Wyndham St., Central, Hong Kong
+852 2102 0888
© 2024 Okay Property Agency LimitedEAA License Number C-036846All Rights Reserved