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Twelve Peaks Luxury Home on the Peak Listed for $310 Million
The Residential Properties (First-hand Sales) Ordinance, which has been in force since 29 April 2013 to regulate the sale of new properties, has been implemented for 10 years. But for the first time, a property agent has been convicted and sentenced to imprisonment, shocking the local real estate in...
Squarefoot Editor   #Wed Property Focus  2023-04-26     16.4K     174     42
The issue of housing for young people has always been a major concern. In his first Policy Address since taking office last year, Chief executive Lee Ka-chiu proposed to expand the Youth Hostel Scheme by subsidising NGOs to rent rooms in suitable hotels and guesthouses and convert them into youth ho...
Squarefoot Editor   #Wed Property Focus  2023-04-19     13.5K     110     27
When applying for a mortgage, banks offer a variety of repayment options to suit the needs and budgets of different people. When choosing which scheme...
Squarefoot Editor   #Wed Property Focus  2023-04-12     5.9K     70     19
It's common knowledge that you need a down payment to buy a property. But when applying for a mortgage, it's not just a matter of having enough money for a down payment. You have to pass a stress test. In the unlikely event that the mortgage is not approved due to insufficient income to cover the mo...
Squarefoot Editor   #Wed Property Focus  2023-04-04     13.2K     171     55
Hong Kong's economic and property market performance have been greatly affected by the epidemic and the closure of travel borders with the Mainland. With the epidemic subsiding and the economy recovering, people now have different views on the property market. In view of this, 28Hse, the Hong Kong r...
Squarefoot Editor   #Wed Property Focus  2023-03-29     9.5K     98     28
Recently, the gruesome murder of model and Abby Choi Tin-fung sent shockwaves through the city. Case aside, the incident has also raised concerns regarding the exemption of inspection for green form property purchases, whether there are loopholes in the current measures, and whether the government n...
Squarefoot Editor   #Wed Property Focus  2023-03-22     18.1K     138     37
The recent aborted bids for three sites, including the luxury residential site on Cape Road, Stanley, the commercial site at Yue Man Square, Kwun Tong and the Siu Ho Wan development, reflect developers’ conservatism and cautiousness. However, the eye-catching commercial site at Sai Yee Street,...
Squarefoot Editor   #Wed Property Focus  2023-03-14     10.6K     69     14
With a high waiting time for public housing, the Housing Authority reviews the income and asset limits of public housing applicants every year to suit the current socioeconomic situation. Taking into account the pandemic’s economic impact, the Housing Authority proposes to freeze the income li...
Squarefoot Editor   #Wed Property Focus  2023-03-07     18.7K     202     35
Financial Secretary Paul Chan Mo-po announced the Hong Kong budget 2023-24 last week, which involved a number of economic relief measures, including the issuance of consumer vouchers and the adjustment of stamp duty bands. However, the real estate industry's proposal to reduce harsh measures on the ...
Squarefoot Editor   #Wed Property Focus  2023-02-28     7K     114     18
We have been hearing a lot about the "Siu Ho Wan" project recently, but what exactly is it? How will it help Hong Kong’s housing supply? And why did the Siu Ho Wan site lose bids? Here are the reasons below."Siu Ho Wan" is located between Sunny Bay Station and Tung Chung Station on Nort...
Squarefoot Editor   #Wed Property Focus  2023-02-21     9.9K     42     14
In order to solve the housing problem, the government has launched ‘light public housing’ to shorten the waiting time for public housing. The project has recently been updated with the announcement of the site selection and related details. But the issues of cost and site selection issue...
Squarefoot Editor   #Local Property Policy  #Wed Property Focus  2023-02-14     4.4K     12     10
As property prices in Hong Kong continue to rise, many Hong Kong people choose to invest in overseas properties with lower entry fees to achieve their dream of home ownership, while earning money at the same time. But buying overseas property is inherently riskier. Buyers have to bear relatively hig...
Squarefoot Editor   #Wed Property Focus  2018-02-27     45  
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