second-hand

What Home Buyers Need to Know About the Land Registry

What services does Land Registry (LR) provide? Deeds Registration If a member of the public purchases a property or becomes a party to a property transaction, he/she will need to execute a deed or other document. That deed or document will normally be registered with the Land Registry because registered documents would have a priority over unregistered documents and other documents …

Doris Liu - December 8, 2017

5 Great Ways to Use the Rating and Valuation Department

When someone talks about ‘Rating and Valuation Department’ (RVD), what is the first thing that pops up to your mind? Rates, government rent or valuation of properties? In addition to calculating and collecting the rates and government rent of your property, RVD actually delivers a lot more services to the public. Here are 5 useful services that you might have never …

Tracy Lam - December 6, 2017

A Simplified Guide to Hong Kong’s Stamp Duty

Buying a new home is exciting! Yet in Hong Kong, you better be familiar with the current stamp duty (taxes) policies or you might end up shocked by what you have to pay for a new apartment in this city – already some of the world’s most expensive and unaffordable homes. What is stamp duty? Stamp duty is tax to …

Tracy Lam - November 29, 2017

September Data Signals: Sales Maintains Strength, Rental Strengthens

Spacious Real Estate Data Insider – September Spacious Data Signal: Sales Maintains Strength, Rental Strengthens Sale Data Signal – All three data signals remain positive, indicating that transaction volume and pricing should continue to rise in the near term. Rental Data Signal – Data signals indicate a stronger probability of increased rental pricing in the near term. The Listing Price signal has strengthened significantly in …

James Fisher - October 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 …

Tracy Lam - July 19, 2017

The “Disappearing” Buildings in Hong Kong (VI) — 92-year-old Chinese Tenement Stays Sturdy After Truck Crash

Yau Tsim Mong District is the smallest district in Hong Kong. Formerly the two districts – Yau Tsim District and Mong Kok District were combined in 1994 as today’s Yau Tsim Mong District. Hong Kong government developed the south of Public Square Street in Yau Ma Tei since 1876. Station Street (today’s Shanghai Street) and Temple Street were then open …

Doris So - June 21, 2017

5/23 News Roundup: Tin Shui Wai Second Home Reaches HK$10,567/sf, Chinese Estates to Bid for London’s Walkie Talkie Skyscraper

Tin Shui Wai Second Home Reaches HK$10,567/sf A featured rooftop unit in Kingswood Villas was sold for HK$4.66 million, or HK$10,567 per square foot, breaking the record of the highest cost of this blue-chip housing estate in Tin Shui Wai. The buyer was not stopped by the newest cooling measure by HKMA and purchased the 441-square-foot two-room units by a …

Tracy Lam - May 23, 2017