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Triple Negative Pressures Weigh on Property Market: Weak Transaction Volumes and Continued Narrow Fluctuations in Prices
In Q4 2024, the unsold inventory of first-hand private residential units reached 22,323, a slight 0.8% increase from the previous quarter. This marks ...
Squarefoot Editor   #Property Hit News  2025-01-23     265     2  
The Hong Kong property market remained weak last year, with overall property prices down 6.86%. However, the luxury property segment performed excepti...
Squarefoot Editor   #Property Hit News  2025-01-22     205     1  
With the Lunar New Year just two weeks away, a season traditionally slow for the property market, developers are speeding up project launches, eager t...
Squarefoot Editor   #Property Hit News  2025-01-16     23  
The new year has begun with a subdued atmosphere in the property market. Over the weekend, Hong Kong's top 10 housing estates recorded only 5 transact...
Squarefoot Editor   #Property Hit News  2025-01-06     271     1  
Thanks to several favourable factors—including the removal of cooling measures, interest rate cuts, and government policies to stabilise the mar...
Squarefoot Editor   #Property Hit News  2024-12-31     253     2  
The top 10 housing estates in Hong Kong recorded only five transactions over the past weekend, marking a 16.7% week-on-week decline. This is the third...
Squarefoot Editor   #Property Hit News  2024-12-30     281  
Rental demand in Hong Kong remains strong, with some newly completed private apartments seeing record-high rents. In Tin Shui Wai, a studio unit at th...
Squarefoot Editor   #Property Hit News  2024-12-19     463     2  
The rental market remains active, with a three-bedroom sea view apartment at Les Saisons in Sai Wan Ho recently leased to a local tenant for HK$34,000...
Squarefoot Editor   #Property Hit News  2024-12-18     290     8  
A recent case of forfeiture has been recorded at Eight Kwai Fong Happy Valley, a development by New World Development. The buyer, who purchased the pr...
Squarefoot Editor   #Property Hit News  2024-12-13     420     9  
Vanke Hong Kong's new development, Bondlane I in Cheung Sha Wan, has recorded two forfeited transactions this month. Most recently, a buyer of a studi...
Squarefoot Editor   #Property Hit News  2024-12-12     390     6  
Wharf Holdings has reintroduced a standalone villa at 77/79 Peak Road for tender, marking its first sale in over three years.The property, 77C Peak Ro...
Squarefoot Editor   #Property Hit News  2024-12-11     251     2  
Over the weekend, the 10 major housing estates in Hong Kong recorded 15 transactions, marking a 1.1x rebound compared to the previous week. This bring...
Squarefoot Editor   #Property Hit News  2024-12-09     253     4  
On December 4, the Hong Kong Monetary Authority (HKMA) announced a one-time special measure aimed at helping buyers of pre-sale residential properties...
Squarefoot Editor   #Property Hit News  2024-12-05     481     10  
In November, the primary property market in Hong Kong recorded a total of 43 purchase cancellations, down by 5 cases (or approximately 10%) compared t...
Squarefoot Editor   #Property Hit News  2024-12-04     378     1  
Over the past weekend, the top 10 blue-chip housing estates in Hong Kong recorded a total of 7 transactions, an increase of 1 (16.7%) compared to the ...
Squarefoot Editor   #Property Hit News  2024-12-02     207     3  
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