Hong Kong Property News -

Tuen Mun's Ocean Camino Slashes Prices for 27 Units, One-Bedroom Drops from HK$7.43M to HK$2.93M

Developers Continue Launching New Projects; Second-Hand Market Remains Stagnant; Eva Property Price Index Stays Around 106 Points

Deep Water Pavilia’s First 138 Units to Launch This Saturday From HK$8.503 Million

Tuen Mun's Ocean Camino Slashes Prices for 27 Units, One-Bedroom Drops from HK$7.43M to HK$2.93M

The Housing Authority recently tightened the "Well-off Tenants" policy by introducing a four-tier rent adjustment system, replacing the previous three-tier system. Under the new policy, tenants classified as "well-off" will pay up to 4.5 times the standard rent to further combat the misuse of public...

28Hse Editor #Wed Property Focus 2025-06-11 15.7K 185

Renting out a property can be a challenging experience, especially when faced with tenants who fail to pay rent or intentionally damage the property. If this happens, landlords have the legal right to recover unpaid rent and repossess the property. While this process may seem complex, here’s h...

28Hse Editor #Wed Property Focus 2025-06-04 10.3K 235

Many homeowners choose to renovate their units after purchasing or taking possession of a property. While selecting a renovation company, it’s essential to compare options and avoid being lured by excessively low prices. Engaging a company that employs illegal workers could leave homeowners le...

28Hse Editor #Wed Property Focus 2025-05-27 2.6K 25

It has been reported that Hang Seng Bank has been laying off staff across various departments since March, with reductions ranging from 10% to 20% in most areas, and up to 50% in certain departments. For employees who were not laid off, regardless of their rank, they are required to reapply for thei...

28Hse Editor #Wed Property Focus 2025-05-20 8.3K 105

Whether buying or renting a property, many people prioritise estates with clubhouse facilities such as swimming pools, gyms, and sports courts to meet the diverse needs of residents. For families with children, these facilities also provide a space for kids to expend their energy.But when renting a...

28Hse Editor #Wed Property Focus 2025-05-14 8K 71

To understand property market trends, it’s important to examine transaction volumes and determine whether properties are sold at a profit or a loss. You may have come across cases in the news described as a paper profit that are actually losses. But what does that really mean?A recent l...

28Hse Editor #Wed Property Focus 2025-05-06 5.6K 29

When purchasing property in Hong Kong, most people apply for a mortgage. During the application process, applicants must complete a lengthy form, which includes a consent form that authorises the bank to access credit records related to their mortgages. This consent is critical for the bank to asses...

28Hse Editor #Wed Property Focus 2025-04-29 6K 45

Secretary for Development Bernadette Linn Hon-ho recently revealed that the government is exploring several measures to make land administration more flexible. These include studying the feasibility of a "pay for what you build" approach, reducing construction costs, and streamlining approval proces...

28Hse Editor #Wed Property Focus 2025-04-22 5.2K 40

When viewing a property you're interested in, buyers and sellers typically sign a Provisional Sale and Purchase Agreement and pay a deposit, followed by completing the necessary buying process within a timeframe. However, before signing, agents are required to provide specific information to protect...

28Hse Editor #Wed Property Focus 2025-04-15 9.3K 172

A recent report by TVB’s Scoop highlighted a case involving a problematic tenant. The landlord had leased out a flat for HK$12,000 per month but, by mid-2024, the renter’s payments stopped, and the Water Supplies Department cut off water to the unit. Despite this, the occupant continued ...

28Hse Editor #Wed Property Focus 2025-04-08 11.8K 199

The Hong Kong Housing Society recently announced the sales arrangements for its subsidised housing projects, Hemma Emerald and Hemma Fab. These units are priced at 30% off the market value, with applications open from April 1 to April 14, 7PM. Below is a summary of the eligibility criteria, income a...

28Hse Editor #Wed Property Focus 2025-04-02 16.8K 214

Last week, Lee Shau-kee, founder of Henderson Land Development, passed away at the age of 97. Henderson Land is one of Hong Kong’s four major property developers and is well-known for its expertise in acquiring and redeveloping old buildings. However, many of its redevelopment projects involve...

28Hse Editor #Wed Property Focus 2025-03-25 6.1K 65

Every spring, Hong Kong becomes notoriously humid. Clothes take ages to dry, walls can grow mould, and floors may even accumulate moisture. This persistent dampness frustrates many, but what can be done to prevent mould and reduce humidity in the home?Many Hongkongers enjoy living in sea-view...

28Hse Editor #Wed Property Focus 2025-03-18 6.9K 39

The Financial Secretary, Paul Chan, announced in the Budget an adjustment to the stamp duty threshold for properties. The value cap for the HK$100 stamp duty has been raised from HK$3 million to HK$4 million, easing the burden on homebuyers. This adjustment is expected to benefit approximately 15% o...

28Hse Editor #Wed Property Focus 2025-03-11 3.8K 36

Housing shortages have long been a pressing issue in Hong Kong, with public housing waiting times under constant scrutiny. According to the latest figures from the Housing Authority, as of December 2024, the average waiting time for public housing has dropped to 5.3 years, marking a 0.2-year decreas...

28Hse Editor #Wed Property Focus 2025-03-05 7.6K 61