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.
Should the Government Offer ‘Starter Homes’ for the Younger Generation?
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
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?
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?
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
A Day in the Life of an Estate agent: Non Stop Busy
What's it like to be an OKAY.com property agent? SCMP followed our Associate Director, Andrea Ott around for a day!With the property market in Hong Kong scaling new heights every week, estate agents are having a field day showing clients around apartments. Last week, SCMP followed Andrea on her appointment rounds over the course of a long day."M
Real Estate Redefined
In an exclusive feature with HKTDC, Joshua Han Miller discusses the future of the real estate industry and the company model that has disrupted the existing industry.He explains, "We’d always known the agency industry was a challenging one – fraught with fragmented information, poor standards, and frustrated clients,” he continued.
Has Chinese Investment Affected Hong Kong Property Prices Since 1997?
According to the HKMA, twenty years after the British handed Hong Kong over to China, property prices have continued to soar in unprecedented ways, surpassing its previous peaks in 2015 and 1997. In April, Hong Kong residential property prices rose continuously for 13 months in a row, recording a 2.1 percent increase in the monthly
Country Parks or Artificial Land?
Ten years ago, a development strategy for Hong Kong was produced by the Development Bureau and Planning department up to 2030. An update to the planning strategy looking beyond 2040 was coined HK2030+. The vision was for Hong Kong to become “…a livable, competitive and sustainable city, championing sustainable development as the ove
Introduction to Kai Tak – The Next Rising Star in Kowloon
Kai Tak transitioned from a grass strip airfield serving the British RAF, to a world-renowned airport that served the city of Hong Kong from 1925 to 1998. Kowloon, where Kai Tak is located, had strict building restrictions in order to ensure flight safety. Buildings were low rise and schools were fitted with double glazed windows to
How the Increase in US Interest Rates Will Impact the Hong Kong Property Market
The United States interest rates set by the Federal Reserve frequently impact markets across the globe. Since the 2008 financial crisis, the Federal Reserve has very reservedly increased interest rates. Similarly, Hong Kong S.A.R has had low interest rates since the 2008 global financial crisis. The cheap cost of borrowing along with
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