Property News & Insights

Explore OKAY.com’s latest property news and trends across the Hong Kong, China and Global property markets. With expert commentary and opinion, we keep you up to date on property happenings both near and far.

Is Hong Kong Real Estate Facing Another 1997 Crash?

With the historic 1997 handover upon us, I have been asked by members of the media and our clients if we’re facing a real estate bubble similar to the burst 20 years ago. Let’s examine the facts.There are certainly some similarities to the environment seen in 1997:The Hong Kong property market has seen steep price appreciation in the last several
By: Joshua Han Miller

Is buying a home in Discovery Bay a Good Investment Choice?

23 June 2017 - Embraced by mountains and water, Discovery Bay is a tranquil resort-style community on the northern coast of Lantau Island away from the hectic urban center. The family-friendly neighborhood enjoyed a uniquely low density, which is in every sense a real privilege in Hong Kong.  A morning run along the seashore would be an exemplary
By: OKAY.com

Has the Government’s Stamp Duty Policy Been Effective in Controlling the Property Prices in Hong Kong?

19 June 2017 - Hong Kong consistently ranks first in the world for the dubious honor of “least affordable urban centre”. Anyone at median wage can expect to pay 18.1 times their gross annual income for a city apartment according to Demographia International Housing Affordability Survey’s study. And this is an improvement compared to the 2015 study
By: OKAY.com

Are Dads Struggling with Work-Life Balance?

Being a parent and a professional is certainly a balancing act and it applies to every working parent, including the often-excluded fathers. We often hear the challenges working women face to have it all, but we rarely talk about fathers who may be experiencing the same types of guilt and pressure women face when balancing careers and fatherhood.
By: OKAY.com

Powerful Success Stories of Hong Kong Property Agents

5 June 2017 - How do property agents in Hong Kong define success? Do they measure by objective metrics such as salary, job title, awards and accolades or is it defined in subjective terms such as enjoyment of work, connections with colleagues or meaningful company missions? Although some will answer one way versus another, most will agree that hav
By: OKAY.com

Is the Hong Kong Property Market Comparable to the Market Crash of 1997?

24 May 2017 - The Hong Kong property crash of 1997 is an often-cited example for the perils of property speculation and unsustainable pricing. The unprecedented financial boom years of the 90s culminated in a 70 per cent freefall of home prices in the Hong Kong market for 6 consecutive years, consigning homeowners to the adverse effects of negati
By: OKAY.com

What Will the Government Do Next to Cool Down the Property Market?

8 May 2017 - The Hong Kong Government further tightened its Housing Policy in April 2017 by putting a stop to the stamp duty loophole which allows for first time buyers to evade additional costs by buying multiple properties at a flat rate of 15 percent. Recently introduced in November 2016, the Ad valorem stamp duty as with previous cooling measu
By: OKAY.com

Online Property Agents vs Traditional Property Agents

4 May 2017 - Online property agents present a new business model in line with the digital age. Looking to the Hong Kong market which is dominated by the likes of Centaline and Midland Realty – traditional real estate brokerage businesses with physical storefronts are still the default option for many homebuyers and sellers. That being said, both o
By: OKAY.com

Sai Kung offers perfect opportunity to get away from it all

28 April 2017- Reasons we love Sai Kung? Our Sai Kung Expert, Soi M. Schmeelke-Puan explains on South China Morning Post that, "compared with traditional expat neighbouthoods on Hong Kong Island, Sai Kung homes are generally more affordable." She explains that with the continuous development of Kowloon East as the second central business district,
By: Soi M Schmeelke-Puan

What is the Effect of High Property Prices on First Time Buyers?

26 April 2017 - The increasing costs of property ownership is a prevalent topic in Hong Kong. Despite more stringent mortgage lending requirements and the introduction of the Government stamp duty last year, the resounding trend in property prices is upwards. Looking to the Centaline’s Centa-City Index as a marker, house prices in March 2017 alo
By: OKAY.com
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