Amoy Garden Small Unit Sold at HK$4.08m, New Home Curbs Launched in China Main Cities

Amoy Garden Small Unit Sold at HK$4.08m A 255 sellable square feet flat at Amoy Gardens in Ngau Tau Kok was sold for HK$4.08 million or HK$16,000 per square foot. It is the second most expensive small unit sold from the estate. Meanwhile, a 431-square-foot two-room unit in Rhythm Garden was sold at HK$6.28 million or HK$14,571 per square foot, … Continue reading "Amoy Garden Small Unit Sold at HK$4.08m, New Home Curbs Launched in China Main Cities"

November 30, 2016

Mainland Buyer Paid 40% Tax For Sheung Shui Luxury Home, Chinese Buyers Snapped Up 8 Units From Mantin Heights

Mainland Buyer Paid 40% Tax For Sheung Shui Luxury Home Mainland buyers continue to invest in Hong Kong’s luxury homes. A Mainland buyer purchased a 1,022-square-foot three-room unit in Sheung Shui’s Woodland Crest for HK$9 million, or HK$8,806 per square foot. In addition to the 15% buyer’s stamp duty and 15% double stamp duty, the buyer is willing to pay the … Continue reading "Amoy Garden Small Unit Sold at HK$4.08m, New Home Curbs Launched in China Main Cities"

November 29, 2016

Ten Main Estates Transactions Reduce By Half, Mainland Buyers Snapped Up Hung Hom Luxury Units For HK$115m

Ten Main Estates Transactions Reduce By Half Statistics from Midland Realty showed there were only 121 transactions in ten main housing estates in November, only half of the number of deals in October. 10 deals have been recorded in Taikoo Shing while only 3 deals are recorded in Kornhill. In Kwun Tong Laguna City, 3 home deals were recorded while … Continue reading "Amoy Garden Small Unit Sold at HK$4.08m, New Home Curbs Launched in China Main Cities"

November 28, 2016

Ho Man Tin Station Site Open For Bid, With HK$6.28b Premium, Mantin Heights To Launch 23 New Units

Ho Man Tin Station Site Open For Bid, With HK$6.28b Premium The residential site above Ho Man Tin MTR Station has been opened for tender since yesterday by the MTR Corporation. The premium of development for the project is HK$6.28 billion, or HK$8,459 per square foot. MTR Corp expects a 35% profit-sharing ratio despite the lower-than-expectation land premium. Mantin Heights … Continue reading "Amoy Garden Small Unit Sold at HK$4.08m, New Home Curbs Launched in China Main Cities"

November 25, 2016

South Horizons Penthouse Sold at HK$34.1m, Seven Victory Avenue To Roll Out 25 New Units

South Horizons Penthouse Sold at HK$34.1m South Horizons home prices may benefit from the coming South Island Line commencement. A penthouse of the estate was open for bid yesterday. 6 bidders participated in the bid and the unit was finally sold at HK$34.1 million, or HK$25,658 per square foot, both setting the highest records for the estate. The transaction price of this three-room … Continue reading "Amoy Garden Small Unit Sold at HK$4.08m, New Home Curbs Launched in China Main Cities"

November 23, 2016

City One Home Prices Polarized After Cooling Measures, Ho Man Tin Station Site Receives Warm Response

City One Home Prices Polarized After Cooling Measures Two weeks after the government launched the new cooling measures, second hand home prices seem to be polarized, as some home owners urged to sell their flats while small units tend to be sold in higher prices. A 451-square-foot three-room unit in City One Shatin is sold at HK$5.75 million or HK$12,749 per … Continue reading "Amoy Garden Small Unit Sold at HK$4.08m, New Home Curbs Launched in China Main Cities"

November 22, 2016

New Projects Transactions Cooled Down, Homantin Hillside Buyer Abandoned HK$1.64m Deposit

New Projects Transactions Cooled Down During Weekend The 15% double stamp duty measure is making first time buyers more hesitant. During the past weekend, over 24 units were sold from new projects. An independent house of Yuen Long’s La Mansion, for which Cheung Kong has provided double stamp duty discount, was sold at HK$19 million. Homantin Hillside Buyer Abandoned HK$1.64m … Continue reading "Amoy Garden Small Unit Sold at HK$4.08m, New Home Curbs Launched in China Main Cities"

November 21, 2016

Almost Thousand of Parking Lots Ready For Sale, Laguna City Parking Space Sold at HK$2m

Almost Thousand of Parking Lots Ready For Sale After the double stamp duty cooling measures, buyers have turned their sights on parking space market. Following Cheung Kong Properties, a few developers are ready to sell their parking lots separately, including Nan Fung’s The Visionary in Tung Chung, Wheelock’s Savannah in Tseung Kwan O, Homantin Hillside by Wing Tai and Nan … Continue reading "Amoy Garden Small Unit Sold at HK$4.08m, New Home Curbs Launched in China Main Cities"

November 18, 2016

Wheelock Spent HK$6.388b For Kwun Tong Site, Cheung Kong To Sell Parking Lots in The Beaumount

Wheelock Spent HK$6.388b For Kwun Tong Site Wheelock Properties has won the first residential site in Kwun Tong offered for sale by the government since the introduction of a new stamp duty, paying a higher-than-expected HK$6.388 billion. The site is close to large housing estates such as Laguna City and Sceneway Garden. The cost per square foot is HK$7,729, over 40% … Continue reading "Amoy Garden Small Unit Sold at HK$4.08m, New Home Curbs Launched in China Main Cities"

November 17, 2016

Blue Pool Road House Sold with HK$90.54m Stamp Duty, Mount Nicholson Broke The Highest Cost Per Square Foot

Blue Pool Road House Sold with HK$90.54 Stamp Duty Hang Lung Properties sold a 4,571-sqaure-foot independent house from its Happy Valley project – 23-39 Blue Pool Road for HK$302 million or HK$66,069 per square foot. The house was purchased by a company and it was estimated that a 30% stamp duty – HK$90.54 million will be incurred, setting the highest amount of … Continue reading "Amoy Garden Small Unit Sold at HK$4.08m, New Home Curbs Launched in China Main Cities"

November 16, 2016

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