Tag: City Point Development

First hand homes for rent to reach almost 8000 units in Q1 2015

12 January 2015 - According to, new home rentals are set to peak in Q1 2015, with approximately 7,774 properties in 8 new projects due to be released. These account for almost half of the total completed units last year. The majority of these units are located in the New Territories, with an estimate of 5,400 homes in new projects that inclu

Cheung Kong’s City Point Development in Tsuen Wan sees 1-day sellout

28 May 2014 - The SCMP today reported that Cheung Kong sold all 591 units offered as part of its first batch of sales of the City Point Development in Tsuen Wan yesterday.  Cheung Kong said that the project, with 1,717 units in total, should launch the second batch of sales – 354 units – later this week.The first batch was announced in conjunction

Hong Kong Government to Possibly Relax the Double Stamp Duty Policy

13 May 2014 - The government today announced it may relax the policy relating to the Double Stamp Duty imposed on purchasers of property in Hong Kong.  The policy, imposed in February 2012, has thus far required buyers to pay double stamp duty if they do not sell their existing unit within six months of buying a new unit. This has been seen by man
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