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.
Hong Kong Property Market Forecast 2018
As expected, the 2017 residential housing market ended strong, with first-hand and second-hand property sales valued at HK$15.8 billion and HK$26.1 billion respectively, bringing the annual residential unit transaction amount to HK$556 billion—a 30 per cent surge compared to 2016. Since the second half of 2017, analysts have be
How to Work the Pantone Color of the Year 2018 into Your Hong Kong Home
Move aside, Greenery—it’s an Ultra Violet year. Bold, mystical and associated with the crown chakra—what is believed to be our gateway to higher states of consciousness—the vivid Ultra Violet can be worked into your Hong Kong property in magically subtle ways, or as unabashedly purple home décor. Here are our recommendations:Fift
Will the Hong Kong Property Market Crash in 2018?
Most likely not. Hong Kong’s position as a key Asian financial centre, stable market activity, economic growth, wealth, borrowing patterns and mainland Chinese influence, suggest that the city’s economy is relatively safe. However, considering that the Hong Kong economy and consumer sentiment depend on the health of global financ
A Review of the Hong Kong Property Market in 2017
The positive outlook of the Hong Kong property market from the second half of 2016 carried over into 2017, throughout which it experienced burgeoning growth. Hong Kong home prices rose for 20 months straight, despite government interventions to cool the housing market. First-hand residential property sales were remarkably strong
New Hong Kong Property Developments to Look Forward to in 2018
According to JLL’s December 2017 Property Market Monitor, home sales have risen by 7.7 per cent in November month-over-month. Residential capital values also increased by 1.2 per cent in November, boosted by a 14.1 per cent month-over-month uplift in second-hand property sales. The price surge occurred despite the rate hike cycle,
The 7 Best Christmas 2017 Displays in Hong Kong
Most of you would need no introduction to a Hong Kong Christmas: ingenious and elaborate mall displays, infrastructure draped in dazzling lights—and praying that the mercury drops enough for that Christmassy sweater you haven’t worn in years. While Hong Kong will never see a white Christmas, property developers and management co
5 Chilled-Out Residential Areas that Won’t Break the Bank
In a bustling metropolis like Hong Kong, finding an apartment in a laid-back neighbourhood without emptying your bank account sounds like mission impossible. But let’s forget The Peak for a second: here are five affordable chilled-out districts that could ease your real estate qualms: Western DistrictEverybody knows somebod
Are Haunted Properties in Hong Kong a Good Investment Choice?
The term ‘haunted house’ brings to mind scenes from popular culture movies like The Conjuring or The Shining for many Westerners. But frequently, people from Western cultures would be surprised to discover that real haunted houses are actually quite prevalent in Hong Kong.The Dark Energy that Flows Through the HomeOf course, we’r
A Summary of Carrie Lam's Housing Policy in her Maiden Policy Address
Chief Executive Carrie Lam delivered her maiden policy address on 11 October 2017. During her 40-minute speech, the city’s new leader highlighted a number of livelihood issues, with housing policies raised to the spotlight. Here is a summary of key housing initiatives put forward by Lam in the recent policy address.1. A “Starter
Life on the East Side : A North Point District Guide
Situated between Fortress Hill and Quarry Bay, North Point is more than an ordinary district on Hong Kong Island. There are no fancy shopping malls, simply local shops with their own unique characteristics. There are no ritzy Michelin dining experiences, instead small family-run restaurants and street food outlets dominate the di
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