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【Where to Buy and Rent?】Why Tai Po District is especially marvellous?

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 … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

November 15, 2017

September Data Signals: Sales Maintains Strength, Rental Strengthens

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 … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

October 19, 2017

10/10 News Roundup: URA received 9 tenders for Peel Street commercial site

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 … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

October 10, 2017

9/10 News Roundup: Wings At Sea launched the 7th price list of 208 units, subscriptions opened

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 … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

October 9, 2017

22/9 News Roundup: New World likely to launch first-time buyers flats, Science Park & HKU in line for first modular houses

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) … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

September 22, 2017

20/9 News Roundup: Wings at Sea priced 10% below Tseung Kwan O primary flats launched in March

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 … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

September 20, 2017

19/9 News Roundup: Chinese home price increases slowing - investors should eye on other growing overseas property markets.

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 … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

September 19, 2017

15/9 News Roundup: Home buyers getting developer loans might start 'sweetly', but end up 'bitterly' with a much higher interest payment

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 … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

September 15, 2017

13/9 News Roundup: Tai Po residential site awarded at the low end of market valuation - in contrast to the two previous land sales that achieved higher-than-expected prices

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 … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

September 13, 2017

8/9 News Roundup: Oasis Kai Tak prices at HK$20k/SqFt - tops the district over the past 12 months.

Spacious’ View: Oasis Kai Tak prices at HK$20k/SqFt – tops the district over the past 12 months. Oasis Kai Tak prices at about HK$20k/SqFt Wheelock Properties priced its Oasis Kai Tak project at about HK$20,000 per saleable square foot – the most expensive in Kai Tak district over the past 12 months. The first batch launched comprised 130 units, the smallest being … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

September 8, 2017

6/9 News Roundup: 1,300 hopeful buyers queuing for 4 forfeited flats representing hopes for first-hand home demands

Spacious’ View: 1,300 hopeful buyers queuing for 4 forfeited flats – may also be hopes for other new projects to see the demands.   1,300 buyers queued up for 4 forfeited Parc City flats About 1,300 hopeful buyers queued up yesterday at Parc City in Tseung Wan, where 4 flats that had deposits forfeited were put up for resale. One … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

September 6, 2017

5/9 News Roundup: First-hand home sale boosting flat transactions in August

Spacious’ View: The increase of first-hand home sale in August is boosting last month’s flat transactions in the city. August flat transactions rise 12.3% The number of sales and purchase agreements for all building units received for registration in August was 6,130, representing a month-on-month increase of 12.3% but a year-on-year decline of 17.5%, statistics released yesterday by the Land Registry … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

September 5, 2017

30/8 News Roundup: First-hand 'war' is expected in Tuen Mun in September

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 … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

August 30, 2017

29/8 News Roundup: Supply in the first-hand market is sufficient, with several new projects launching in September

Spacious’ View: Supply in the first-hand market is sufficient, with several new projects launching in September. Parc City receiving 7,000 subscriptions for last 432 units The most signed-up new project since 1997 – Parc City in Tsuen Wan rolled out the last batch of units yesterday. Chinachem launched the sixth price list of the project comprising 100 units, with a … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

August 29, 2017

28/8 News Roundup: New projects receiving overwhelming subscriptions, while only single-digit deals recorded in second home market

Spacious’ View: New projects are receiving overwhelming subscriptions, while only single-digit deals were recorded in the second home market. Parc City received another 1,700 subscriptions After selling all the 521 units launched last Friday, Chinachem has rolled out another two price lists comprising 332 units from its Tsuen Wan new project – Parc City. Sources said the company has received about … Continue reading "【Where to Buy and Rent?】Why Tai Po District is especially marvellous?"

August 28, 2017

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