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10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units

One Kai Tak (II) launched another 119 flats China Overseas Land & Investment will release for sale an additional 119 units on Sunday at its One Kai Tak project phase two. The latest batch features two and three-bedroom units, sized between 524 and 799 saleable square feet, at an average per square foot price of HK$24,400 – 2% up compared … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

August 10, 2017

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 … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

August 9, 2017

8/8 News Roundup: One Kai Tak rolling out another 108 flats, Edition 178 received 2,400 subscriptions

One Kai Tak rolling out another 108 flats China Overseas Land and Investment is to roll out 108 flats at One Kai Tak Phase 2, priced at HK$18,709 to HK$24,773 per square foot. The latest batch for sale accounts for 17% of the total units, with sizes ranging from 375 sellable square foot one-bedroom flats to 799 square feet three-bedroom … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

August 8, 2017

4/8 News Roundup: One Kai Tak (II) to issue price list soonest today, Novi received 1,000 subscriptions

One Kai Tak (II) to issue price list soonest today Kai Tak new development district is becoming the market focus again, as China Overseas is ready to launch the remaining units from Tower 5 of One Kai Tak (II). The developer said yesterday that it would issue the price list and open show flats of tower 5 soonest today. Tower … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

August 4, 2017

3/8 News Roundup: Edition 178 pricing from HK$3.14m, July's home sales drop 30.9%

Edition 178 pricing from HK$3.14m In Kwai Chung, Team Worldwide’s latest residential project Edition 178 released the price list for the first batch of 55 flats, with an average per square foot price of about HK$15,900 while the cheapest unit has a discounted price of HK$3.14 million. This nano-flat project provides studio flats to two-bedroom homes, with sizes ranging from … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

August 3, 2017

2/8 News Roundup: 3,700 Lohas Park flats rolling out this year, Novi to put 98 units on sale this Sunday

3,700 Lohas Park flats rolling out this year Wheelock & Co yesterday said that it expects to start selling flats at its 10 Muk Ling project in Kai Tak from the third quarter of this year. The company is currently awaiting approval of the pre-sale consent for the project, which will provide 648 apartments. Wheelock added that it will also … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

August 2, 2017

1/8 News Roundup: Home price rise in June slows down, Novi rolling out another 38 units

Home price rise in June slows down Hong Kong’s residential property prices, already the world’s highest based on square footage, rose in June for the 15th straight month to a record, but at a slower pace. The monthly home price index, which represents movements in the second-hand property market, rose 0.69% to 336.1 in June, compared with 333.8 in May, according … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

August 1, 2017

27/7 News Roundup: HKU suggests reclaiming Plover Cove for 300,000 homes, Quarry to get new lease for subsidized houses

HKU suggests reclaiming Plover Cove for 300,000 homes A research team from the University of Hong Kong says the government should re-start large-scale reclamation, including filling up Plover Cove Reservoir to provide 1,200 hectares of land on which to build 300,000 homes. The team from the Ronald Coase Centre for Property Rights Research, HKUrbanLab, said the government should solve the … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

July 27, 2017

26/7 News Roundup: Novi rolling out first 60 units, Cheung Kong to launch 185 flats in My Central

Novi rolling out first 60 units Lai Sun Development launched its latest residential project in Prince Edward – Novi – with sizes range from 175 saleable square feet to 312 square feet, and priced from about HK$3.07 million. The developer said the average per saleable square foot price is HK$18,831 and the cheapest unit will be a 226-square-foot flat, which … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

July 26, 2017

24/7 News Roundup: Weekend first-home deals dropped 60%, Homantin Hillside Duplex sold at HK$46,015/sf

Weekend first-home deals dropped 60% Yesterday’s typhoon has ‘blown away’ some transactions in the primary home market. First-home transactions dropped from 250 in the previous weekend to 100, or 60% fewer than this weekend. In Tsuen Wan’s Ocean Supreme, over 26 units were sold. 13 units were sold in Victoria Skye in Kai Tak. Meanwhile, 63 Pokfulam in Sai Ying … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

July 24, 2017

21/7 News Roundup: Price cut in Ma Tau Kok project, Ocean Supreme sold another 7 units

Price cut in Ma Tau Kok project Lai Sun Development and the Urban Renewal Authority have reduced prices on eight flats at a Ma Tau Kok project, 93 Pau Chung Street, by about 3.8% to 10%. Five of the units are studios, sized from 300 to 316 sellable square feet. Their prices are cut 5%, while a 514-square-foot home is … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

July 21, 2017

5 Online Marketing Tactics Property Agents Should Know to Get 3x Enquiries

Recently, an agent told me that his company is getting more enquiries from Spacious than the other platforms in Hong Kong. He shared the data with me and let me have a look on the comparison of the three major platforms. From the above table, one could see Spacious has been giving more – even a triple number of enquiries … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

July 19, 2017

19/7 News Roundup: Tin Shui Wai home cost exceeds $10k/SqFt, 11 new project plans approved providing 3,000 units

Tin Shui Wai home cost exceeds $10k/SqFt Home cost per square foot in Tin Shui Wai secondary market has surpassed the HK$10,000 boundary. A 442-square-foot two-bedroom unit in Kingswood Villas was sold yesterday in HK$4.55 million, or HK$10,294 per square foot, making it the highest price per square foot in apartments of the housing estate. A real estate agent said … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

July 19, 2017

18/7 News Roundup: PARK YOHO Genova rolled out another 69 units, Kwai Chung Edition 178 on the go

PARK YOHO Genova rolled out another 69 units Sun Hung Kai Properties has rolled out yesterday another new price list of PARK YOHO Genova, comprising 69 units. The Yuen Long new project has sold over 360 units in two weeks and it is the first time for the developer to launch two 1061-square-foot 4-bedroom units. It will also provide another … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

July 18, 2017

17/7 News Roundup: Ocean Supreme to launch 205 more units, 63 Pokfulam sold 13 units

Ocean Supreme to launch 205 more units The Ocean Supreme complex at the Tsuen Wan West subway station sold 179 units, or about 87% of the apartments on sale on Saturday. Cheung Kong has then put another 205 units of Ocean Supreme on the market at an average price of HK$17,000 per square foot, unchanged from last week. The cheapest … Continue reading "10/8 News Roundup: One Kai Tak (II) launched another 119 flats, Novi rolling out last 40 units"

July 17, 2017

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