Before investing, selling or renting an apartment, you typically need to check property market statistics and transaction records to help make a better budgeting or pricing decisions or to calculate your mortgage needs. Some people might also use this data for analysis and investigation. Other than Centadata, which is the most prevalent data source in the market but has its deficiencies, what...

Tai Po District, with an area of some 14,800 hectares in the northeast New Territories, is the second largest administrative district in Hong Kong. This new town of Tai Po now prospers with exciting shopping malls and a variety of shops; whilst its proximity lies the focal point of local manufacturing and service industries - Tai Po Industrial Estates. Outside...

Spacious Real Estate Data Insider - September Spacious Data Signal: Sales Maintains Strength, Rental Strengthens Sale Data Signal - All three data signals remain positive, indicating that transaction volume and pricing should continue to rise in the near term. Rental Data Signal - Data signals indicate a stronger probability of increased rental pricing in the near term. The Listing Price signal has strengthened significantly in recent months,...

URA received 9 tenders for Peel Street commercial site The Urban Renewal Authority (URA) received 9 tenders for a 29,000-square-foot commercial development site on Peel Street and Graham Street in Central. The project to be built on the site will provide a gross floor area of not more than 434,000 sq ft for office, hotel and retail purposes, as well as...

Wings At Sea launched the 7th price list of 208 units, subscriptions opened Sun Hung Kai Property (SHKP)’s Wings At Sea has been receiving overwhelming subscriptions in all three rounds of sale and the developer launched the 7th price list of 208 units with a 2% to 3% price up yesterday. The developer has launched 3 round of sales consisting of...

Spacious' View: With New World becoming the first mover, we expect more developers would join to roll out cheaper units for first-time home buyers in town. New World likely to launch first-time buyers flats In addition to launching a first-time buyers’ scheme, the government encourages local developers to roll out cheaper homes for first-time buyers while New World Development (NWD) might...

Spacious' View: Wings at Sea priced 10% below Tseung Kwan O primary flats launched in March   Wings at Sea priced 10% below primary flats in Tseung Kwan O Sun Hung Kai Properties launched the first price list for 208 flats from its new project at Lohas Park - Wings at Sea, yesterday. The average discounted price per saleable square foot for the...

Spacious' View: Chinese home price increases slowing - investors should keep an eye on other growing overseas property markets.   Smart home development wanted in Mong Kok The Urban Renewal Authority (URA) has told developers to submit expressions of interest before next Wednesday for the development of a 14,951-square-foot project site at Reclamation Street/Shantung Street in Mong Kok. The project is intended to...

Spacious' View: Home buyers getting developer loans might start 'sweetly', but end up 'bitterly' with a much higher interest payment. Warning over high-interest developer loans To push home sales, developers offer mortgage plans with high loan-to-value ratios to attract buyers who may not be able to get bank loans. But these, the Consumer Council warns, could cost buyers a few million dollars...

Spacious' View: Tai Po residential site awarded at the low end of market valuation - in contrast to the two previous land sales with a higher market expected prices. Manhattan Group won Tai Po residential site for HK$323m A residential site on Yat Yiu Avenue in Tai Po was awarded yesterday to Manifold Ltd, a company associated with Hong Kong-based Manhattan Group, for...

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