Hong Kong Property News - 28Hse

Sai Kung’s “City of Losses” Strikes Again: Mount Pavilia Apartment Sold at $7 Million Loss

Should You Live Above or Below a Refuge Floor?

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

Sai Kung’s “City of Losses” Strikes Again: Mount Pavilia Apartment Sold at $7 Million Loss

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 8.4K 86

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 3.7K 30

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 2.4K 18

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 17.8K 189

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 10.6K 239

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

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 8.4K 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...

Squarefoot 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...

Squarefoot 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...

Squarefoot Editor #Wed Property Focus 2025-04-29 6.1K 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...

Squarefoot 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...

Squarefoot 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 ...

Squarefoot Editor #Wed Property Focus 2025-04-08 11.9K 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...

Squarefoot Editor #Wed Property Focus 2025-04-02 16.9K 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...

Squarefoot Editor #Wed Property Focus 2025-03-25 6.2K 66

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Property Type	Price	Ads Period
For Sale Property
Normal Listing Typical One	HKD:1000 (or Hsemoney:1000)	Valid:90 days
Golden Top Listing Higher position than Top listing 2-3times better performance	HKD:3000 (or Hsemoney:3000)	Valid:60 days
Rental Property
Normal Listing Typical One	HKD:1000 (or Hsemoney:1000)	Valid:80 days
Golden Top Listing Higher position than Top listing 2-3times better performance	HKD:3000 (or Hsemoney:3000)	Valid:60 days

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