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Property Prices Hold Steady at 108 Points; Only Kowloon Sees Decline Among Four Major Districts; Eva Rental Index Hits New High for 2025 Blue Coast II Hikes Prices by 2% and Launches 60 Units! Cullinan Sky 2-Bedroom Flat Sees 18% Gain as Owner Nets $1.77M in Just 10 Months!
Property Prices Hold Steady at 108 Points; Only Kowloon Sees Decline Among Four Major Districts; Eva Rental Index Hits New High for 2025
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Wed Property Focus Property Index
What is Prepayment Penalty？
After successfully purchasing a property, the mortgage repayment journey spans decades and occupies a significant portion of a person's life. According to the Hong Kong Monetary Authority, the maximum mortgage repayment term is currently capped at 30 years. If you find yourself with extra funds duri...
Squarefoot Editor   #Wed Property Focus  2025-08-12     5.7K     69  
What to Consider When Co-Buying Property
Buying a property with friends or a partner can make home ownership more affordable, especially when your budget is limited. While co-buying is a practical solution, it's essential to agree on property ownership, mortgage terms, and selling conditions upfront to avoid future disputes.For inst...
Squarefoot Editor   #Wed Property Focus  2025-08-06     8.8K     120  
What Happens If You're Late on Mortgage Payments?
Have you ever missed a credit card payment? If so, you're probably familiar with late fees and the potential impact on your credit score. Sometimes, a quick call to the credit card hotline might help waive the penalty—but there’s no guarantee. But what happens if you're late on your mort...
Squarefoot Editor   #Wed Property Focus  2025-07-30     5.9K     74  
A Guide to the Green Form Subsidised Home Ownership Scheme (GSH 2024)
The Green Form Subsidised Home Ownership Scheme (GSH) has been a regular initiative since 2018, designed to help public rental housing (PRH) tenants purchase affordable housing while speeding up the turnover of PRH units. The latest GSH scheme opened for applications on July 17, 2024. Below is a sum...
Squarefoot Editor   #Wed Property Focus  2025-07-23     22.5K     199  
What to Consider When Buying Ceiling Fan Lights
For small living spaces, even finding room for a fan can be a challenge. To save space, many people opt for fan lights, which are both stylish and practical. Fan lights have become a popular home choice in recent yearbut what should you keep in mind when buying and installing them?When choosi...
Squarefoot Editor   #Wed Property Focus  2025-07-15     6.6K     57  
A Guide to the Four Corners Worship Ritual
Worshipping the four corners of the home is a traditional feng shui ritual performed when moving into a new home or shop. It is believed to cleanse negative energy, bless the space, and bring peace and prosperity. While many have heard of this practice, few know the details of how to prepare and con...
Squarefoot Editor   #Wed Property Focus  2025-07-09     11.4K     369  
Should You Live Above or Below a Refuge Floor?
According to Hong Kong’s Fire Services Ordinance, residential buildings with more than 25 storeys must include designated refuge floors to help prevent fires from spreading. In buildings under 40 storeys, the rooftop may serve this purpose. So, if your unit is directly above or below a refuge ...
Squarefoot Editor   #Wed Property Focus  2025-07-01     17.8K     112  
What to Do When Your Air Conditioner Isn’t Cooling This Summer?
As summer brings relentless heat, air conditioning is essential in Hong Kong. However, if your air conditioner isn’t cooling properly, it’s important to understand the cause and determine if you can resolve it yourself. Choosing the right air conditioner also plays a key role in ensuring...
Squarefoot Editor   #Wed Property Focus  2025-06-24     4K     32  
Should Residents of Transitional Housing Pay Rent?
The government has been promoting the development of transitional housing to address the issue of low-income families living in inadequate housing. However, the transitional housing project at Kai Tak (Kai Fook Kui), which began admitting residents in August last year, has faced backlash due to poor...
Squarefoot Editor   #Wed Property Focus  2025-06-17     2.5K     18  
How to Delete a Household Member from Public Housing Records
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...
Squarefoot Editor   #Wed Property Focus  2025-06-11     18.1K     191  
Recovering Unpaid Rent and Repossessing a Property
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...
Squarefoot Editor   #Wed Property Focus  2025-06-04     10.8K     243  
Hiring Illegal Workers via Renovation Companies Can Lead to Legal Trouble
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...
Squarefoot Editor   #Wed Property Focus  2025-05-27     2.7K     25  
What Can You Do with a Staff Mortgage During Bank Layoffs?
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...
Squarefoot Editor   #Wed Property Focus  2025-05-20     8.5K     105  
Can Landlords Use Clubhouse Facilities After Renting Out Their Units?
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...
Squarefoot Editor   #Wed Property Focus  2025-05-14     8.1K     71  
When A Paper Profit Ends Up As A Loss
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...
Squarefoot Editor   #Wed Property Focus  2025-05-06     5.7K     29  
Latest News
Property Prices Hold Steady at 108 Points; Only Kowloon Sees Decline Among Four Major Districts; Eva Rental Index Hits New High for 2025
2025-08-15 Squarefoot Editor
Blue Coast II Hikes Prices by 2% and Launches 60 Units!
2025-08-15 Squarefoot Editor
Cullinan Sky 2-Bedroom Flat Sees 18% Gain as Owner Nets $1.77M in Just 10 Months!
2025-08-12 Squarefoot Editor
What is Prepayment Penalty？
2025-08-12 Squarefoot Editor
Ma On Shan Flat Sold for HK$11.6M After 7 Years: Shocking 46% Price Drop
2025-08-11 Squarefoot Editor
More Latest News...
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Hong Kong financial secretary considers relaxing mortgage loan measures for first-time home buyers, consolidates four major suggestions
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More News...
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