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.
Why are Millennials not buying homes in Hong Kong?
7 October 2015 - Who are Millennials? When we talking about ‘Millennial generation’ or ‘Generation Y’, we usually mean the people born between the Early 80s to Early 2000s. The Millennials as a generation have a set of defining values and characteristics, but one of them that is particularly striking is the tendency for Millennials to depart from
Tech in Asia: OKAY.com Wants to Fix Hong Kong’s Broken Property Industry Through Agent Incentives and Tech
20 September 2015 - Joshua Miller, CEO of OKAY.com, was featured in Tech in Asia, commenting on OKAY.com’s ambition to fix the flawed real estate market system in Hong Kong – and in turn, China.In the article, Joshua pointed to the lack of an accessible master database of available Hong Kong properties for creating misaligned agent incentives and
OKAY.com's Martina Ebert comments on Top Banker Property Trends in PEAK Magazine
10 September 2015 - Martina Ebert, Associate Director-Residential Division of OKAY.com, was interviewed and featured in the September issue of PEAK Magazine, commenting on sought-after locations for top management, budgets and market demand.Companies generally offer housing allowance to expatriate employees in Hong Kong, and with sufficient subsid
Our DB Divas profiled in AroundDB
4 September 2015 - Our fantastic Discovery Bay team was featured in the September issue of Around DB magazine, sharing how they came to settle in the family-friendly district and why they joined OKAY.com.Each of these real estate agents has a diverse professional background and remarkable language skills; the team boasts entrepreneurs, an economis
Hong Kong’s Property Game: Monopolized
13 August 2015 - Hong Kong is one of the world’s most expensive places to live and it is becoming harder to find a place to call home when property prices continue to soar, smashing records for years despite the government’s cooling measures already in effect.Sky-high property prices have led to many buyers having to make do with micro-sized apart
Ho Tung Garden Sale Tops Exclusive List After Conservation Controversy
30 July 2015 - After much controversy surrounding its previously proposed sale and an attempt to conserve it as a Grade 1 heritage site, Ho Tung Gardens was sold in February this year for a sum of HKD5.1 billion. At HKD82,258 per sq.ft of buildable area, this marks the most expensive residential plot sold by private tender in Hong Kong.The sale al
How will China's stock market crash affect Hong Kong property?
24 July 2015 - On June 12 2015, China’s stock market underwent a crash that led to the Shanghai Stock Exchange plummeting more than 30% in value in the June-July period. The crash was reportedly due to a result of a huge influx of individual, amateur investors suddenly flooding the market in conjunction with the diminishing strength of China’s eco
International Market Report: Hawaii Property Update
16 July 2015 - Known for picture-perfect sunsets, romantic getaways, great food and shopping, Hawaii is the definition of an island paradise. And underlying this idyllic destination is a property market that has experienced a boom in ocean-side condo developments and positive returns for both condos and single family homes in recent years. Jack
The Hong Kong Dragon Boat Festival
This Dragon Boat Season, OKAY.com is a proud sponsor of the German Dragons. OKAY.com consultant and team member Nina Schulte-Mattler shares her insider perspective about training, teamwork and the races. Updates from German Dragons: We had a great season with three packed race days. In Lamma we had our season’s warm up. Our new team members enjoye
International Market Report: Manhattan Property Update
3 June 2015 - New York City remains one of the most esteemed and popular international property markets for investment, and for good reason. In Manhattan alone, global interest, coupled with sound fundamentals have made NYC properties attractive investments over the past several years, as reflected in the rise in property prices depicted in Figure
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