HK The World’s Most Unaffordable Homes For the 7th Year For the seventh year in succession, Hong Kong remains the most expensive homes market among 406 major metropolitan regions in the annual Demographia International Housing Affordability Survey. The average price of a SAR home last year was 18.1 times the median annual pretax household income, the survey showed. The second […]

Mainland Firm Bought Kai Tak Site for HK$8.8 billion A mainland firm Hongkong Island Construction Properties acquired a Kai Tak residential site for HK$8.837 billion, 1.5 times over the market evaluation. The site occupies 121,224 square feet and the land price per square foot reaches HK$13,500, making it the highest record in the district. AVA 55 Average Prices At HK$17,880/sqft […]

Seanorama to Upload Sales Brochure this Week Cheung Kong director William Kwok Tsz-wai said the company plans to upload the sales brochure for its new Ma On Shan project – Seanorama – this week and open show flats next week. The project will offer a total of 454 flats, ranging from 738 to 1,732 saleable square feet. There will be […]