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.

A Summary of Carrie Lam's Housing Policy in her Maiden Policy Address

24 October 2017 - 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
By: OKAY.com

Life on the East Side : A North Point District Guide

20 October 2017 - 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
By: OKAY.com

How do Hong Kong and Singapore’s Approaches to Managing Property Prices Compare?

10 October 2017 - Why have Hong Kong’s housing prices continued to increase while Singapore’s prices are in decline? Both economies followed similar growth trajectories and are generally perceived as comparable rivals internationally. While the two markets share certain similarities – cultural context, economic structure, territory and population
By: OKAY.com

Women: The Future of Real Estate?

4 October 2017 - Today, real estate is known as a man’s world, but women are finding their place in the once gender-skewed industry. Hong Kong property agencies have some of the largest concentration of women employees in Asia-Pacific, however, only a small number of firms have women in senior positions due to the lack of flexibility which is cruc
By: OKAY.com

OKAY.com - Director promotions: Lily Wong and Andrea Ott

19 September 2017 - OKAY.com is pleased to announce the promotion of Lily Wong and Andrea Ott to the position of ‘Director – Residential Division’. The appointments follow a record year for the company.Lily Wong has been a respected figure in the Hong Kong real estate industry for over 30 years, having held senior positions in major luxury brokera
By: OKAY.com

Hefty Management Fees Add to Escalating Costs of Real Estate in Hong Kong

15 September 2017 - Just as you finalize your flat or negotiate your new lease, you'll be compelled to talk about management fees. According to SCMP, management fees are reasonable in Hong Kong considering the benefits they provide tenants and landlords. People can expect to pay 10 percent of the total rental figure.As with property prices themsel
By: OKAY.com

How Might Hong Kong’s Government Cooperate with Developers to Solve Housing Supply?

14 September 2017 - Tackling soaring property prices has been a tough challenge for the government and with Hong Kong being ranked the world’s most expensive property market for seven years in a row, there is continued concern that existing policies are doing little to help the average person in Hong Kong. Before Carrie Lam assumed office, the cit
By: OKAY.com

Which Tech Advancements are Changing the Property Industry?

11 September 2017 - The world today has technology more closely integrated with every aspect of the human experience, and by extension, the business cycle. The real estate industry is no exception. Thanks to technological advancement, information of all types, including pricing, availability, and alternative services are now one click away, which
By: OKAY.com

Should the Government Offer ‘Starter Homes’ for the Younger Generation?

6 Sept 2017 - For the seventh consecutive year, Hong Kong has been ranked the world’s most expensive property market by the Demographia International Housing Affordability Survey. In view of high rents with no end in sight, former Chief Executive Leung Chun-Ying raised the stamp duty twice in three years in an effort to suppress increasing home pr
By: OKAY.com

Transitioning from Dolce & Gabbana to OKAY.com

16 Aug 2017 - We’ve invited Derek to join us at OKAY.com to spearhead company initiatives focusing on training, development, and recruitment. Derek brings an accumulated 10 years of experience in the Human Resource industry working for companies including Dolce & Gabbana, Adidas & Lane Crawford.For Derek, nurturing talent and developing training i
By: OKAY.com
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