The term ‘Owners' Corporations (OCs)’ is a familiar concept in Hong Kong property management. What is it? If legal issues arise, how are homeowners affected? And if the issue remains unresolved, are there any other alternatives? The Government's policy on building management has f...
Leading bank HSBC recently adjusted mortgage interest rates and raised the lock-in rate cap of H-mortgages. For applications submitted from September 18, the lock-in limit increased from P minus 2.25% to P minus 1.75%. Meanwhile, the cap rate increased by 0.5% to 4.125% from 3.625%, and the cash reb...
Faced with uncertain economic outlook and interest rate trends, developers will inevitably be cautious in bidding for land. The tender for a Kai Tak s...
(Chow Hiu-ching) The Arles in Fo Tan, developed by Centralcon Properties, launched sales week after week, following last Saturday's sale of 11 units o...
When a home owner sells a property, they can choose to sell the property by themselves or appoint a licensed agent to help them sell the property. What are the differences between the two? And what is there to be aware of?In the past, owners who chose to sell their properties by themselves us...
(Leung Yuet-kam) In September, Chinachem Group will use HK$600 million to refurbish Victoria Coast, a luxury residential property on Victoria Road in ...
(Li Zi-tian) With nearly 17,000 unsold flats in inventory of first-hand projects, developers have had no choice but slash prices. According to real es...
As in the past, many sectors have suggested that the government relax property measures to revive the Hong Kong housing market. For example, Tan Yue-heng, member of the Legislative Council and chairman of Bank of Communications International, suggested that the government could consider making halvi...
(Leung Yuet-kam, Choi King-man) At least four new developments involving 203 units will hit the market this Saturday. Developed by Sino Land, K. Wah, ...
CK Asset’s The Coastline II project in Yau Tong has been the talk of the town. The new development was sold at a record low price of HK$14,868 per square foot and received more than 30,600 pre-sale cheques, making it the most over-subscribed new development in Hong Kong's history. Capitalising...
(Leung Yuet-kam) Developed by Sino Land, K. Wah International, China Merchants Land and the MTR, 130 units of Villa Grada III in Lohas Park, Tseung Kw...