squarefoot 5平方 Logo
What to Consider When Buying a Rooftop Apartment
CK Asset’s new project, #Lyos, recently saw 15 buyers forfeit their deposits. In response, the developer announced heavy discounts on the remaining units, with price cuts of up to 32%. Additionally, CK Asset noted that if the resale price of any cancelled units is lower than the initial cancel...
Squarefoot Editor   #Wed Property Focus  2024-05-22     13.5K     190  
As May arrives, many employees are receiving their "green envelopes" (tax forms sent by the Inland Revenue Department (IRD)) and must file their completed tax returns by June 3rd. If opting for online submission, the deadline is extended by an additional month.Amid Hong Kong's considerable fi...
Squarefoot Editor   #Wed Property Focus  2024-05-14     13.9K     263  
In recent years, many new properties have been sold off-plan, meaning that without an existing building to visit, prospective buyers have to rely solely on the sales brochure and show flats to gather information. Purchasing a property is not as simple as buying groceries; there are several important...
Squarefoot Editor   #Wed Property Focus  2024-05-07     6.6K     38  
To implement the 2022 Policy Address's Private Subsidised Sale Flat Pilot Scheme, the government recently opened a public tender for a plot in Cheung Man Road, Chai Wan, inviting developers to bid for construction of subsidised housing units. The deadline for bids is July 19.The plot in quest...
Squarefoot Editor   #Wed Property Focus  2024-04-30     4.4K     27     2
Recently, Hong Kong has witnessed several fire incidents, including a number three fire at the 60-year-old New Lucky House in Jordan, densely populated with subdivided flats. This tragic event resulted in five deaths and numerous injuries, leaving many residents homeless. Fires can occur unexpectedl...
Squarefoot Editor   #Wed Property Focus  2024-04-23     5.6K     81     16
The recent billion-dollar rehabilitation project at Neptune Terrace in Chai Wan has sparked heated discussions in the city. Homeowners were unhappy about the building management committee’s failure to disclose the engineering contract and excessive costs, with each household required to pay HK...
Squarefoot Editor   #Wed Property Focus  2024-04-16     12.5K     205     47
In a thriving property market, many owners are taking the opportunity to list their properties for sale. Whether choosing to sell or rent out the flat on their own or through a licensed real estate agent, what should owners pay attention to if they decide to entrust an agent?Whether selling o...
Squarefoot Editor   #Wed Property Focus  2024-04-10     7K     55     11
Following the Hong Kong government's withdrawal of property cooling measures, many developers have capitalised on the opportunity to launch new properties. This has led to a surge of transactions for new properties. In the 27 days following the withdrawal (from February 28 to March 25), Hong Kong re...
Squarefoot Editor   #Wed Property Focus  2024-04-02     6.3K     54     20
Amid extended waiting times for public housing—the fourth quarter of last year hitting an average of 5.8 years, a 0.2-year increase from the previous quarter—the importance of public housing in Hong Kong has never been clearer. While the government intensifies efforts to combat the misus...
Squarefoot Editor   #Wed Property Focus  2024-03-26     13.3K     76     32
To create an environment that fosters the growth of the next generation, parents often prioritise School Nets when purchasing or renting a home. It is not uncommon to hear about parents relocating to their preferred School Net, to increase the chances of their child being assigned to a school of cho...
Squarefoot Editor   #Wed Property Focus  2024-03-19     7.1K     58     16
When buying, selling, or leasing a property that involves real estate agents, both parties are required to pay a commission to the agents as a reward. How is this commission calculated, and when should it be paid? The following will provide answers to these questions.For those looking to save on co...
Squarefoot Editor   #Wed Property Focus  2024-03-12     17K     112     24
The day we never thought we’d see has arrived—the withdrawal of cooling measures in the Hong Kong property market. The most significant highlight of this year’s budget is the Financial Secretary Paul Chan Mo-po’s announcement of the complete removal of these measures.E...
Squarefoot Editor   #Wed Property Focus  2024-03-05     4.3K     32     6
To combat the misuse of public housing, the Housing Authority has deployed new tactics. Housing chief Winnie Ho Wing-yin has announced that there will be a continuation of increased random checks on tenant property declarations and enhanced scrutiny of tenant assets, including the valuation of vehic...
Squarefoot Editor   #Wed Property Focus  2024-02-27     21.6K     158     33
The real estate market is unpredictable. To adapt to the constantly changing economic environment, as well as to the distinct positioning and competition levels of new projects, developers frequently alter their marketing strategies. Recently, a property was initially launched with a fixed price lis...
Squarefoot Editor   #Wed Property Focus  2024-02-20     7.4K     37     14
Property prices in Hong Kong remain high, and even subsidised housing has turned into a speculative investment tool, leading to controversy. The Housing Authority (HA) recently managed a case involving the resale of a Home Ownership Scheme (HOS) flat, resulting in the owner being required to surrend...
Squarefoot Editor   #Wed Property Focus  2024-02-06     20K     152     50
Popular news