Hong Kong Property

9/8 News Roundup: Novi prices up 5% for the last 40 units, One Kai Tak (II) receiving 3.5x subscriptions

Novi prices up 5% for the last 40 units After selling all 98 units from the first two price lists, Lai Sun rolled out the last 40 units from its Mong Kok new project – Novi and will offer them for sale soonest this week. The average discounted price is HK$20,530 per square foot, about 5% rise from last week’s …

Asif Ghafoor - August 9, 2017

A Simplified Guide to Hong Kong’s Stamp Duty 2020

Buying a new home is exciting! Yet in Hong Kong, you better be familiar with the current stamp duty (taxes) policies or you might end up shocked by what you have to pay for a new apartment in this city – already some of the world’s most expensive and unaffordable homes. (Updated March 2019) What is stamp duty in Hong …

Spacious - April 28, 2020

Almost Thousand of Parking Lots Ready For Sale, Laguna City Parking Space Sold at HK$2m

Almost Thousand of Parking Lots Ready For Sale After the double stamp duty cooling measures, buyers have turned their sights on parking space market. Following Cheung Kong Properties, a few developers are ready to sell their parking lots separately, including Nan Fung’s The Visionary in Tung Chung, Wheelock’s Savannah in Tseung Kwan O, Homantin Hillside by Wing Tai and Nan …

Asif Ghafoor - November 18, 2016

Amoy Garden Small Unit Sold at HK$4.08m, New Home Curbs Launched in China Main Cities

Amoy Garden Small Unit Sold at HK$4.08m A 255 sellable square feet flat at Amoy Gardens in Ngau Tau Kok was sold for HK$4.08 million or HK$16,000 per square foot. It is the second most expensive small unit sold from the estate. Meanwhile, a 431-square-foot two-room unit in Rhythm Garden was sold at HK$6.28 million or HK$14,571 per square foot, …

Asif Ghafoor - November 30, 2016

Apartment Hunting Checklist

Getting the right apartment can be difficult in a big city. You often need to select a new apartment in just a few days and may not have the leisure to thoughtfully consider all the alternatives. The best apartments will also go quite rapidly, which means you will want to make a decision fairly quickly. Looking for an apartment is …

Asif Ghafoor - February 28, 2015

Apparently you need to earn $93,580 HKD to live at the Belcher’s

  And you thought your place was fancy! CUHK professor Kai Chi Leung created this infographic to show the large income gap in Hong Kong. The lowest median income is 10,000HKD in public housing in Tsuen Wan and Shek Kip Mei, while the highest goes to HKU station the Belcher’s ($93,580HKD). Which MTR station are you on? Photo credit: Kai Chi …

Asif Ghafoor - June 16, 2015

April rental listings highlight

It’s tough trying to sieve through all the online listings in the web, trying to look for the perfect rental for yourself. We know that there is still some missing information here and there, and since Spacious is an online property portal, we browse through a lot of listings here at HQ. So we thought we would put our superior …

Asif Ghafoor - April 18, 2016