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

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

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

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

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

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

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

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

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

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

July 17, 2017

13/7 News Roundup: 'King of Shops' Bought Tuen Mun New Project with HK$1.2b, Alto Residences Launched 61 Flats

‘King of Shops’ Bought Tuen Mun New Project with HK$1.2b Tang Shing-bor, dubbed as king of retail shops, said he had agreed to buy the residential development in Tuen Mun, TPlus for HK$1.2 billion from Chun Wo Property Development, now renamed as Asia Allied Infrastructure Holdings. Units at TPlus, the smallest in Hong Kong ranging from 128 square feet to … Continue reading "2/8 News Roundup: 3,700 Lohas Park flats rolling out this year, Novi to put 98 units on sale this Sunday"

July 13, 2017

12/7 News Roundup: Wheelock to Launch 3 Projects in the 2nd Half, Ocean Supreme to Sell 205 Flats this Saturday

Wheelock to Launch 3 Projects in the 2nd Half Wheelock Properties plans to roll out three new residential projects in the second half of this year, involving over 2,200 flats. Its managing director Ricky Wong Kwong-yiu said yesterday the company plans to launch its Kai Tak project at 10 Muk Ning Street in August. It will comprise 648 flats. The … Continue reading "2/8 News Roundup: 3,700 Lohas Park flats rolling out this year, Novi to put 98 units on sale this Sunday"

July 12, 2017

7/10 News Roundup: PARK YOHO Genova Launching 69 Units, 63 Pokfulam to Start Sale This Weekend

PARK YOHO Genova Launching 69 Units Sun Hung Kai Properties launched the sale of 69 units from its Park Yoho Genova project in Yuen Long, with the latest batch of flats priced from about HK$3.89 million to HK$4.27 million. They include 11 studios measuring 251 square feet – which are the smallest units from the project. The 251-square-foot unit costs … Continue reading "2/8 News Roundup: 3,700 Lohas Park flats rolling out this year, Novi to put 98 units on sale this Sunday"

July 10, 2017

7/7 News Roundup: 63 Pokfulam Pricing from HK$5.75m, 9,022 Pre-sale Units Processed in 2017 First Half

63 Pokfulam Pricing from HK$5.75m A studio flat of 209 saleable square feet at Kowloon Development Co’s latest residential project, 63 Pokfulam, is to cost at least HK$5.75 million. The Sai Ying Pun project will provide 350 units, comprised of 100 studios, 225 one-bedroom flats, and 25 three-bedroom homes sized at 494 square feet. The smallest room in the three-bedroom … Continue reading "2/8 News Roundup: 3,700 Lohas Park flats rolling out this year, Novi to put 98 units on sale this Sunday"

July 7, 2017

7/6 News Roundup: Happy Valley New Project Seeks for Pre-rent, S&P: Home Price Rise Not Likely to Cause Financial Crisis 

Happy Valley New Project Seeks for Pre-rent Kerry Properties named its Happy Valley project as Resiglow. The project provides 106 flats – mainly two-bedroom ones with sizes ranging from 667 to 1,434 square feet, and will begin pre-rent next week. Rents for the project are expected to be under HK$40,000 per month, or HK$50-70 per square foot. S&P: Home Price … Continue reading "2/8 News Roundup: 3,700 Lohas Park flats rolling out this year, Novi to put 98 units on sale this Sunday"

July 6, 2017

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