Hong Kong Property News -

7 Years, 1 Flat, $2.7M Gone: Shocking Loss at Cullinan West Sale Revealed

Mortgage Rate Decline Helps Second-Hand Property Market Recover Slightly; Eva Property Index Ends Two-Week Decline with 0.37% Weekly Rise

Tsuen Wan 3BR Flat Sold for HK$4.8M: Cheaper Than a 2BR!

7 Years, 1 Flat, $2.7M Gone: Shocking Loss at Cullinan West Sale Revealed

Many people consider securing a Public Rental Housing (PRH) or Home Ownership Scheme (HOS) flat to be a winning situation in life. The 2023 HOS will start accepting applications in the middle of this year at the earliest. Flat selection will begin in the first quarter of next year, but the governmen...

28Hse Editor #Wed Property Focus 2023-05-02 20.5K 349 47

The Residential Properties (First-hand Sales) Ordinance, which has been in force since 29 April 2013 to regulate the sale of new properties, has been implemented for 10 years. But for the first time, a property agent has been convicted and sentenced to imprisonment, shocking the local real estate in...

28Hse Editor #Wed Property Focus 2023-04-26 16.4K 174 42

The issue of housing for young people has always been a major concern. In his first Policy Address since taking office last year, Chief executive Lee Ka-chiu proposed to expand the Youth Hostel Scheme by subsidising NGOs to rent rooms in suitable hotels and guesthouses and convert them into youth ho...

28Hse Editor #Wed Property Focus 2023-04-19 13.5K 110 27

When applying for a mortgage, banks offer a variety of repayment options to suit the needs and budgets of different people. When choosing which scheme...

28Hse Editor #Buy homes #Wed Property Focus 2023-04-12 5.9K 70 19

It's common knowledge that you need a down payment to buy a property. But when applying for a mortgage, it's not just a matter of having enough money for a down payment. You have to pass a stress test. In the unlikely event that the mortgage is not approved due to insufficient income to cover the mo...

28Hse Editor #Buy homes #Wed Property Focus 2023-04-04 13.2K 171 55

Hong Kong's economic and property market performance have been greatly affected by the epidemic and the closure of travel borders with the Mainland. With the epidemic subsiding and the economy recovering, people now have different views on the property market. In view of this, 28Hse, the Hong Kong r...

28Hse Editor #Wed Property Focus 2023-03-29 9.5K 98 28

Recently, the gruesome murder of model and Abby Choi Tin-fung sent shockwaves through the city. Case aside, the incident has also raised concerns regarding the exemption of inspection for green form property purchases, whether there are loopholes in the current measures, and whether the government n...

28Hse Editor #Wed Property Focus 2023-03-22 18.1K 138 37

The recent aborted bids for three sites, including the luxury residential site on Cape Road, Stanley, the commercial site at Yue Man Square, Kwun Tong and the Siu Ho Wan development, reflect developers’ conservatism and cautiousness. However, the eye-catching commercial site at Sai Yee Street,...

28Hse Editor #Wed Property Focus 2023-03-14 10.6K 69 14

With a high waiting time for public housing, the Housing Authority reviews the income and asset limits of public housing applicants every year to suit the current socioeconomic situation. Taking into account the pandemic’s economic impact, the Housing Authority proposes to freeze the income li...

28Hse Editor #Wed Property Focus 2023-03-07 18.7K 202 35

Financial Secretary Paul Chan Mo-po announced the Hong Kong budget 2023-24 last week, which involved a number of economic relief measures, including the issuance of consumer vouchers and the adjustment of stamp duty bands. However, the real estate industry's proposal to reduce harsh measures on the ...

28Hse Editor #Wed Property Focus 2023-02-28 7K 114 18

We have been hearing a lot about the "Siu Ho Wan" project recently, but what exactly is it? How will it help Hong Kong’s housing supply? And why did the Siu Ho Wan site lose bids? Here are the reasons below."Siu Ho Wan" is located between Sunny Bay Station and Tung Chung Station on Nort...

28Hse Editor #Wed Property Focus 2023-02-21 9.9K 42 14

In order to solve the housing problem, the government has launched ‘light public housing’ to shorten the waiting time for public housing. The project has recently been updated with the announcement of the site selection and related details. But the issues of cost and site selection issue...

28Hse Editor #Wed Property Focus 2023-02-14 4.4K 12 10