Spacious’ View: First-hand ‘war’ is expected in Tuen Mun in the coming month, with two new projects launching in the district.   COO Residence to sell the cheapest unit in HK$2.88m Couture Homes Properties, a subsidiary of CSI Properties said its COO Residence project in Tuen Mun is priced at about HK$15,000 per saleable square foot, and the cheapest unit costs HK$2.88 […]

HKMA Warns the Risk of Developers Mortgages Hong Kong Monetary Authority (HKMA) expressed concern about the riskiness of mortgages with high loan-to-value ratios issued by developers. Its concern comes as certain analysts warned that local home prices are unsustainable. “The accumulation of these high LTV mortgages may change the risk profiles of these property developers to which banks may have exposures,” […]

Government Rezoning Plan to Provide 11,200 Public Houses The government is considering rezoning five greenbelt sites in Tseung Kwan O to produce 11,200 public housing units that can accommodate about 31,000 Hongkongers. The Development Bureau said it is recommending this measure after conducting a review of available sites in Sai Kung. The five sites are located north of Tseung Kwan O Village, […]