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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

5/22 News Roundup: Chan Urged Homebuyers to be Mindful of Risks, Victoria Skye to Launch More Flats Soon

Chan Urged Homebuyers to be Mindful of Risks Financial Secretary Paul Chan Mo-po says the mortgage-tightening measures imposed by the Hong Kong Monetary Authority are necessary to safeguard the stability of the financial and banking systems. He also reminded prospective buyers to be aware of their risk-exposure when buying property in the residential market. Chan said buyers must be mindful […]

May 22, 2017

5/19 News Roundup: Vibe Centro launched extra 18 flats, Victoria Skye priced HK$17,888 on average

Vibe Centro launched extra 18 flats  The new project Vibe Centro yesterday announced an additional sale of 18 flats which will be held on Sunday. Flats are located in Block 2B 12th-36th floors rooms A, C and G, with the one in Block 2B 12th floor room A being priced at the lowest at $24,928 per square foot. Approximately, the project has sold 370 […]

May 19, 2017

5/18 News Roundup: Housing Feasibility of Two Country Parks will be Studied, 18 Vacant Schools are Suggested for Residential Use

Housing Feasibility of Two Country Parks will be Studied The Hong Kong Housing Society will study the feasibility of building public housing and elderly homes on 40 hectares of land on the fringes of Tai Lam and Ma On Shan country parks. The Housing Society will be using its own resources to conduct the HK$10 million study while the government […]

May 18, 2017

5/16 News Roundup:"Railway Plus Property” Strategy Well-recognised,Residential Areas to Have Parking Space Every Six Flats

“Railway Plus Property” Strategy Well-recognised After attending the Belt and Road Summit, Chief Executive CY Leung said that Hong Kong, as the most cosmopolitan and open city in China, together with advantages in finance, professional services and trade, can promote social and economic development hand in hand with the Belt and Road Initiative. When the country invests in building infrastructure, […]

May 16, 2017

5/12 News Roundup: Record Bids On Way for Site on Murray Road, Novum West Rolled Out First Featured Unit

Record Bids On Way for Site on Murray Road Today is the last day for the commercial site in Murray Road, Central to receive bids from interested parties. Several developers – both local and mainland companies – expressed their interest in bidding the site. Wheelock will be submitting bids for sites on Murray Road and in Kai Tak, company vice […]

May 12, 2017

5/11 News Roundup: New World Acquired Commercial Site in Cheung Sha Wan for HK$4.03 billion, Victoria Skye Expected to be Lower Than Market Price

New World Acquired Commercial Site in Cheung Sha Wan for HK$4.03 billion New World Development (0017) acquired a commercial site in Cheung Sha Wan for HK$4.03 billion after acquiring two other sites earlier in Kowloon, beating other major developers which also tendered for the property. Its acquisition price represents HK$7,478 per square foot based on a buildable area of 593,000 […]

May 11, 2017

5/10 News Roundup: Parc Inverness launched 10 units for tender, Novum West 15 times over-subscribed

Parc Inverness launched 10 units for tender Chinachem Group announced yesterday of its tender offer for 10 flats at its Parc Inverness project in Kowloon Tong. The tender period starts from Saturday until next Tuesday. Units are scattered in Phase 1, 2 and 5 and are all located on 10/F. Buyers are expected to buy 10 units in bulk instead of […]

May 10, 2017

5/9 News Roundup: Novum West Launched Additional Flats with 3% Price Up, Ocean Pride to Announce Price List Next Week

Novum West Launched Additional Flats with 3% Price Up The Sai Ying Pun project – Novum West of the Henderson Land has a huge geographical advantage and is thus very popular in the market. The company launched 65 additional flats after its first pricing. The newly added flats are mainly studio flats with an average price per square foot of $29,496. There […]

May 9, 2017

5/8 News Roundup: Novum West Received over 1,100 Subscriptions, Ocean Pride to Announce Sales Arrangements this Week

Novum West Received over 1,100 Subscriptions About 15,000 people have visited the show flats of Novum West – the new project in Sai Ying Pun by Henderson Land – over the past weekend. Thomas Lam Tak-man, general manager of the company said it has received over 1,100 subscriptions, which is 16 times over-subscribed for the first batch of 63 units. […]

May 8, 2017

5/5 News Roundup: Ocean Pride to Announce Price Next Week, Novum West 'Entry Fee' Might be Less Than HK$5m

Ocean Pride to Announce Price Next Week Cheung Kong Property will release the price list for the first 200 flats at its Ocean Pride project in Tsuen Wan next week. The five-tower project will provide one-bedroom units of 370 to 393 saleable square feet, two bedrooms of 496 to 519 square feet, three bedrooms of 734 to 799 square feet, and […]

May 5, 2017

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