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What to Consider When Buying a Rooftop Apartment

Grand Mayfair III Falls Short While woodis Shines | Hong Kong Property Market Recap

Property Prices Gradually on the Rise: Latest 109.7 Points Close to This Year’s High

What to Consider When Buying a Rooftop Apartment

The annual application period for the Home Ownership Scheme (HOS) has arrived once more. The scheme will launch in the fourth quarter of this year, offering a total of 7,132 units across five estates, priced at 30% off the market rate. Unit prices range from HK$1.43 million to HK$4.67 million....

Squarefoot Editor #Wed Property Focus 2024-09-03 20.4K 404

Recently, there has been ongoing debate about whether homeowners should invest in renovations before selling properties that are over a decade old and retain their original or somewhat outdated interiors.The decision ultimately varies, as each seller has unique selling strategies and every bu...

Squarefoot Editor #Wed Property Focus 2024-08-27 9.4K 83

In the latest real estate headlines, one of the most startling developments has emerged from North Point's Braemar Hill Mansions, where 95% of the units feature unauthorised external wall modifications to their kitchens, converting them into balconies for drying clothes. The Buildings Department has...

Squarefoot Editor #Wed Property Focus 2024-08-20 12.7K 211

Following the government's removal of property cooling measures, there was a spike in market transactions, but property prices have not improved. Many owners are still forced to sell at a loss. In response to the changing economic environment, mortgage insurance companies have introduced new arrange...

Squarefoot Editor #Wed Property Focus 2024-08-13 9.6K 179

Applying for a mortgage is one of the most crucial steps in purchasing a property. It involves evaluating the borrower's financial capacity, the property's valuation, and the bank's stance. Recently, banks have tightened their mortgage application processes, making them more cautious. Therefore, it'...

Squarefoot Editor #Wed Property Focus 2024-08-06 7.3K 130

Recently, Hong Kong's secondary property prices have been falling, while new developments are being offered at attractive low prices. For those looking to buy, it might seem like a great time to snag a bargain. However, many buyers overlook the importance of property valuation.What exactly is...

Squarefoot Editor #Wed Property Focus 2024-07-30 10.1K 131

Buying a home is a significant life event, and everyone has different preferences and lifestyles. Therefore, it is not possible to generalise which type of unit is better. In the last issue, we discussed the differences between standalone buildings and large housing estates. This time, we will compa...

Squarefoot Editor #Wed Property Focus 2024-07-23 9.3K 43

For many homebuyers, choosing a property is never easy. Factors such as location, school network, layout, size, and surrounding facilities all come into play. Whether it's a new development or an older building, one decision remains: should you choose a large housing estate or a standalone building?...

Squarefoot Editor #Wed Property Focus 2024-07-16 8.4K 101

When a homeowner applies for a mortgage from a bank, the deed is kept as collateral by the bank to protect its interests during the loan period. Once the mortgage is fully paid off, the homeowner can apply for a discharge of mortgage, and with the help of a lawyer, they can fully own the property.&n...

Squarefoot Editor #Wed Property Focus 2024-07-09 10.9K 218

When buying a second-hand property, once the buyer and seller agree on the price and decide to proceed, they sign a Provisional Sale and Purchase Agreement. This agreement establishes the intent of both parties to proceed with the transaction. However, many overlook an important detail at this stage...

Squarefoot Editor #Wed Property Focus 2024-07-02 9.1K 171

Waiting for public housing can feel endless. As of the end of March 2024, the average waiting time for public housing is 5.7 years. To address this prolonged wait, the government has introduced ‘Light Public Housing’, with the first batch of applications opening on June 24.The fir...

Squarefoot Editor #Wed Property Focus 2024-06-25 9K 133

With the advancement of technology, our lives have become significantly more convenient. We've all experienced forgetting or losing our keys at some point, which is where electronic locks come in. Widely used in homes and offices, what are the advantages and disadvantages of electronic locks?Electr...

Squarefoot Editor #Wed Property Focus 2024-06-18 10.5K 78

According to current Housing Authority regulations, second-hand Home Ownership Scheme (HOS) flats can only be sold on the open market after paying the land premium if they have been owned for at least 15 years. However, if selling on the Secondary Market, the flats can be resold to Green Form or Whi...

Squarefoot Editor #Wed Property Focus 2024-06-12 14.4K 261

After repeated failures to sell land last year, even the compulsory auction of old buildings – a strategy long pursued by developers – has recently resulted in an auction with no bids (“no-sale”). With the scarce supply of new land in the core business districts of Hong Kong ...

Squarefoot Editor #Wed Property Focus 2024-06-04 8.8K 93

Recently, a unit at Malibu Lohas Park was rented out on Airbnb without a license, leading to legal issues for the owner. The owner faced charges under the Hotel and Guesthouse Accommodation Ordinance for operating an unlicensed establishment.This incident has prompted the Home Affairs Departm...

Squarefoot Editor #Wed Property Focus 2024-05-28 6.5K 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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Every listing can choose either for sell or for rent. If you need both, you can post 2 separate listing instead.

The charge for the for sell and for rent property is the same.

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