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.
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
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
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
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
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
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
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
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
Are Nano Flats, Subdivided Flats and Co-living Spaces the Solution to Hong Kong's Housing Crisis?
14 August 2017 - Amid seemingly ever-soaring Hong Kong property prices, there is a rising trend of developers building tiny “nano flats” spanning less than 200 square feet as more affordable housing options for desperate Hong Kong home buyers. In a similar vein, some companies are also attempting to present more economical options in the rental ma
How much will upcoming MTR developments influence district property prices?
11 Aug 2017 - The railway network in Hong Kong is said to be one of the most convenient in the world. To better serve and connect the dense population in the city, the government continually strives to expand the railway network. Many households choose to buy their homes near MTR stations for convenient access around Hong Kong which contributes to
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