Home Price Reaches New High This Year, One Homantin Rolls Out 80 New Units

Home Price Reaches New High This Year Statistics from the Rating and Valuation Department showed that the private domestic home monthly price index rose by 2.8% to 295.5 in September, reaching a new high this year and a step closer to last year’s peak of 306.1. One Homantin Rolls Out 80 New Units The extension of Kwun Tong Line is … Continue reading "Home Price Reaches New High This Year, One Homantin Rolls Out 80 New Units"

November 1, 2016

Buyers Snap Up 2GETHER's Small Units, Mantin Heights Prices Up 83 Flats for 2-4%

Buyers Snap Up 2GETHER’s Small Units Several new projects are receiving warm response from weekend buyers. According to developers’ data, the sales of new projects are as follow: Tuen Mun’s 2GETHER: 164 units were sold last Saturday, in which 92 studios are all sold out and 93% of one-room flats are sold. Tuen Mun’s NAPA: 85 units were sold until … Continue reading "Home Price Reaches New High This Year, One Homantin Rolls Out 80 New Units"

October 31, 2016

E-alert Service To Warn Banks of Second Mortgage, 2GETHER Received Quintuple Subscriptions

E-alert Service To Warn Banks of Second Mortgage Hong Kong Monetary Authority (HKMA) and Land Registry will provide an electronic alert service for local banks when homeowners take out a second mortgage without seeking consent from the original mortgaging banks. HKMA said it is to help local banks be alert to unauthorized further mortgage and to reduce the threat to banking … Continue reading "Home Price Reaches New High This Year, One Homantin Rolls Out 80 New Units"

October 27, 2016

Kerry Provides 80% Mortgage for Mantin Heights, Two Tuen Mun Projects Roll Out Extra Flats

Kerry Provides 80% Mortgage for Mantin Heights Kerry Property will provide a mortgage up to 80 percent of the home value for its Mantin Heights project in Ho Man Tin while it launched another batch of 143 flats yesterday. The repayment period could be as long as 28 years. It is offering an interest rate at P-2.75 percent for the … Continue reading "Home Price Reaches New High This Year, One Homantin Rolls Out 80 New Units"

October 26, 2016

Sai Ying Pun's 'Space Capsule' Rents at $5,100, Alto Residences 1-room Flats Sold Out

Sai Ying Pun’s ‘Space Capsule’ Rents at $5,100 A homeowner in Sai Ying Pun turned his 830-square-foot flat into 20 ‘space capsules’, each of which is rented out for HK$5,100 per month. According to a rental property website, the owner claims that each unit is equipped with computer, dressing table, USB charger, television, LED lighting, adjustable air-conditioning, and even memory … Continue reading "Home Price Reaches New High This Year, One Homantin Rolls Out 80 New Units"

October 25, 2016

20 Oct 2016: Property News Roundup: Alto Residences Received Over 8,600 Subscriptions, EAA Forces Identification of Sellers on Sales Agreements

Alto Residences Received Over 8,600 Subscriptions Heavy rain did not stop Hong Kong first hand property buyers, as queues were seen in several first-sale sites yesterday. Alto Residences closed submission yesterday. The developers said they received over 8,600 subscriptions, 22.7 times over the amount of units available. Tuen Mun’s 2GETHER also received over 100 subscriptions so far, doubling the number … Continue reading "Home Price Reaches New High This Year, One Homantin Rolls Out 80 New Units"

October 20, 2016

19 Oct 2016: Property News Roundup: Tuen Mun 2GETHER Prices at $11,988/sqft, 39 Conduit Road Distressed Unit Opens Bid at $105b

Tuen Mun 2GETHER Prices at $11,988 per sqft HKR International announced the initial price list for its first batch of 50 units at 2GETHER project in Tuen Mun. The average discount price is HK$11,988 per square foot, with the lowest unit price at HK$3.1 million. Among the 50 units, 16 of them are studio flats while 34 are two-room units. … Continue reading "Home Price Reaches New High This Year, One Homantin Rolls Out 80 New Units"

October 19, 2016

18 Oct 2016: Property News Roundup: Tai Koo Shing 2-room Unit Price Soars Over HK$10m, CCL Expected To Reach 150 This Year

Tai Koo Shing 2-room Unit Price Soars Over HK$10m Tai Koo Shing recorded a transaction of its 582-square-foot unit in HK$10.5 million, the highest record for two-room unit in the housing estate. The net price per square foot reached HK$18,000, also breaking the record. 20 transactions in Tai Koo Shing have been recorded in October. CCL Expected To Reach 150 This … Continue reading "Home Price Reaches New High This Year, One Homantin Rolls Out 80 New Units"

October 18, 2016

17 Oct 2016: Property News Roundup: New Projects Heat Up and Price Up, Tsueng Kwan O's Parking Lot Sells at HK$213m

New Projects Heat Up and Price Up New projects are receiving overwhelming subscriptions and developers decided to price up the remaining units. Alto Residences in Tseung Kwan O launched the second batch of 126 units priced 3% higher. Lai Sun Development said more than 3,500 subscriptions have been received. Meanwhile, NAPA received about 180 subscriptions, double the number of units … Continue reading "Home Price Reaches New High This Year, One Homantin Rolls Out 80 New Units"

October 17, 2016

14 Oct 2016: Property News Roundup: NAPA First Batch Price Lowest New Projects, Reverse Mortgage Covers Subsidized Homes

NAPA First Batch Price Lowest New Projects Wheelock Properties released the price list for the first batch of 92 units of its NAPA project in Tuen Mun. The average discounted price is HK$10,438 per square feet, which is 10-15% lower than new projects in the same district and also cheaper than those in Ma On Shan, Yuen Long and Sham Shui … Continue reading "Home Price Reaches New High This Year, One Homantin Rolls Out 80 New Units"

October 14, 2016

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