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All articles related to "Hong Kong Property"

6/14 News Roundup: Chevalier Won URA’s Tai Kok Tsui Project, URA Improves Payment for Rehousing Tenants

Chevalier Won URA’s Tai Kok Tsui Project The Urban Renewal Authority announced yesterday that Chevalier Pacific Limited, a wholly owned subsidiary of Chevalier International Holdings Limited, has won the contract for the development of Fuk Chak Street-Li Tak Street demand-led redevelopment project in Tai Kok Tsui. The project site, which covers an area of 8,267 square feet, commenced in June […]

June 14, 2017

6/13 News Roundup: Second Home Price Expects to Rise 3-5%, Park Yoho Genova to Announce Price Next Week

Second Home Price Expects to Rise 3-5% Secondary home price is ascending due to a drop of supply and the growing bargaining power of homeowners. Centaline Property expects a 3% to 5% rise in home price in the third quarter, while the transaction volume will decrease by about 20%. Meanwhile, a 722-square-foot three-room unit in Tuen Mun Century Gateway was […]

June 13, 2017

6/12 News Roundup: Victoria Skye Buyers Became Reluctant Before Rate Rise, Second Home Sales Slowed Down Last Weekend

Victoria Skye Buyers Became Reluctant Before Rate Rise In the primary market, buyers were more reluctant after Deutsche Bank’s forecast of collapsing property prices and this week’s expected interest rate increase in the United States. K&K Property reportedly sold 73 flats out of the 206 units that it offered in the third batch of sales at its Victoria Skye project […]

June 12, 2017

6/9 News Roundup: Deutsche Bank Predicts 48% Drop in Property Price while Scholars Disagree, 2,500 First Hand Homes Supply this Month

Deutsche Bank Predicts 48% Drop in Property Price while Scholars Disagree Home prices in Hong Kong in 2026 will be 48% less than what they are today, Deutsche Bank predicts. It sees that happening as purchasing power will be limited by an aging population and there will also be an abundant supply of new residential units in the next few […]

June 9, 2017

6/8 News Roundup: 5 Ocean Pride Buyers Forfeited Deposit, Victoria Skye to Put 206 Units for Sale this Sunday

5 Ocean Pride Buyers Forfeited Deposit Forfeiture of deposits were recorded at five units from Cheung Kong Property’s Ocean Pride in Tsuen Wan, which are priced between HK$6.11 million and HK$13.4 million. A 5% deposit was paid by the buyers in the first round of sales last month, with the five units priced at a total of about HK$42.3 million. […]

June 8, 2017

6/7 News Roundup: Ocean Pride 122 Units Almost Sold Out, Tak Bo Garden Small Unit Set Record High Price

Ocean Pride 122 Units Almost Sold Out The sales office of Cheung Kong Property Holding’s new residential project located in Tsuen Wan appeared less crowded on Tuesday than during previous property launches, a day after a top financial official issued his strongest warning yet about escalating risks in the property market. Queues of prospective buyers started to form at the […]

June 7, 2017

6/6 News Roundup: Chan Refused to Scale Back Property Cooling Measures, Martin Lee Doesn’t See Market Bubble

Chan Refused to Scale Back Property Cooling Measures Property cooling measures will not be scaled back, Financial Secretary Paul Chan Mo-po says, adding the move may be misinterpreted as a government effort to boost the overheated home market. Speaking at the Legislative Council, Chan also warned that there are risks for people who borrow titles of friends and relatives to […]

June 6, 2017

6/5 News Roundup: Victoria Skye To Launch Final 270 Units, Ocean Pride Received Over 3,000 Subscriptions

Victoria Skye To Launch Final 270 Units K&K Property launched the final price list for its Kai Tak project Victoria Skye, priced from HK$6.15 million to HK$68.88 million, or HK$22,047 to HK$43,979 per square foot. The latest batch comprises 270 units with sizes ranging from 266 to 1,858 square feet. The project, with a total of 822 flats in six […]

June 5, 2017

6/2 News Roundup: Ocean Pride Prices Up 2-10% for 122 Flats, Knight Frank: Home Price to Rise 5-10%

Ocean Pride Prices Up 2-10% for 122 Flats Cheung Kong Property yesterday launched 122 flats at its Ocean Pride project in Tsuen Wan West at prices 2% to 10% higher than the previous batch. The average price in the latest batch is HK$17,514 per square foot, and the discounted prices range from HK$5.94 million to HK$25.16 million, or HK$12,700 to […]

June 2, 2017

6/1 News Roundup: Nan Fung Won Kai Tak Commercial Site for HK$24.6b, Ocean Pride 346 Units Sold Out

Nan Fung Won Kai Tak Commercial Site for HK$24.6b Nan Fung Development has won a commercial site in Kai Tak for HK$24.6 billion, smashing the record set by the Murray Road site in Central just two weeks ago. Henderson Land paid $23.2 billion, or HK$50,065 per square foot, for the former Murray Road car park in Central. Nan Fung bought […]

June 1, 2017

5/31 News Roundup: Victoria Skye to Roll Out 200 Units This Saturday, Ocean Pride Received 9,000 Subscriptions for 346 Flats

Victoria Skye to Roll Out 200 Units This Saturday K&K Property is stepping up the sale of flats in Kai Tak, offering a fresh batch of 200 units in its Victoria Skye project on Saturday in a bid to cash in on sustained strong demand. It is pricing the units, from 232 square feet to 1,190 square feet, between HK$6.11 […]

May 31, 2017

5/26 News Roundup: 8 Bids Drawn for Kam Sheung Road Project, Ocean Pride Received 14,500 Subscriptions

8 Bids Drawn for Kam Sheung Road Project Major developers, including Cheung Kong Properties and Sun Hung Kai Properties, are battling each other for a 449,000-square-foot site at Kam Sheung Road Station in Yuen Long along the West Rail Line. They were among at least 8 developers which submitted tenders for the development of the site that will produce a maximum […]

May 26, 2017

5/25 News Roundup: Garden Rivera Reached HK$18,334/sf, Ocean Pride Received over 12,000 Subscriptions

Garden Rivera Reached HK$18,334/sf Second hand home sales have not been stopped by Hong Kong Monetary Authority’s tightening measure on mortgage. A one-bedroom unit in Sha Tin’s Garden Rivera was sold at HK$4.66 million, or HK$18,334 per square foot – the first unit price surpassing HK$18,000 in the estate. Meanwhile, a 1,751-square-foot unit in Hung Hom Whampoa Garden was sold […]

May 25, 2017

5/24 News Roundup: Victoria Skye Rolled Out 142 Extra Units, CK to Provide Fixed Rate Mortgage for Ocean Pride Buyers

Victoria Skye Rolled Out 142 Extra Units K&K Properties will place an additional 307 units from its Kai Tak project Victoria Skye on sale this Saturday. The developer launched the sale of 142 units yesterday. They comprise 34 one-bedroom flats, 87 two-bedroom flats and 21 three-bedroom homes. Prices range from HK$6.958 million to HK$24.293 million, or HK$19,125 to HK$28,546 per saleable […]

May 24, 2017

Colliers International chooses Spacious as its online partner to market inventory in Asia

Spacious is Asia’s fastest growing, award-winning and best known real estate search platform. Spacious helps people or companies to find real estate that best suits their needs and budgets quickly and efficiently. Spacious is firmly established as the market leader in property search in Hong Kong and is rapidly expanding into Beijing, Shanghai, Shenzhen and Taipei Colliers International (NASDAQ and TSX: CIGI) is […]

May 23, 2017

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