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.

New mortgage-tightening measures to suppress overheated small-sized residential market

28 February 2015 - A deal-breaker to many potential homebuyers, the Hong Kong Monetary Authority (HKMA) announced a new round of measures yesterday to further tighten property mortgage loans.With immediate effect, the maximum loan-to-value (LTV) ratio has been lowered from 70% to 60% for self-use residential properties priced below HKD7M. In other
By: OKAY.com

Jacinto Tong: Multiple mortgage will trigger property bubble in 3 months

13 February 2015 - With a proven track record of accurate predictions, Jacinto Tong, CEO of the Gale Well Group, recently blogged about a potential property bubble burst in Hong Kong. His claim that the ‘bubble will burst within 3 months for lower budget properties’, has sparked a heated debate around the city.In the post, Tong points out that pro
By: OKAY.com

Torbjörn Martin Dimblad set to be a key tech driver in OKAY.com's next stage of growth

HONG KONG, February 12 2015OKAY.com is excited to introduce Torbjörn Martin Dimblad as Chief Technology Officer. After establishing a career abroad across North America, Asia and most recently Scandinavia, Torbjörn returns to Hong Kong to share his expertise and forward the growth at OKAY.com. “I’m incredibly excited by how OKAY.com is changing r
By: OKAY.com

Hong Kong’s Home prices rose for the 10th straight month despite cooling measures

10 February 2015 - Hong Kong’s property prices continued to hit historic highs in spite of the government’s efforts to curb speculative activities. The latest Centa-City Leading Index (CCL) marked another record at 136.35, showing a steady increase for the 10th consecutive month.South China Morning Post reported that the government will receive HK
By: OKAY.com

Interest rates unlikely to be increased before mid-2015

2 February 2015 - Latest US economic statistics are below expectations and show a slowed pace of recovery. The Federal Reserve expressed reluctance in increasing interest rates before June this year.Mr. Norman Chan, Chief Executive of HKMA, was questioned this morning in the Legislative Council about his views on the Fed’s newest announcement and
By: OKAY.com

HKMA introduces new mortgage assessment regulations to suppress property investors

22 January 2015 - Effective from 20 January 2015, The Hong Kong Monetary Authority (HKMA) has adopted new measures to further tighten mortgage lending practices of banks in Hong Kong. Some analysts regard the act as another deterrent to property investors and a way of suppressing inflating property prices.After reviewing the effectiveness of the d
By: OKAY.com

Hong Kong’s residential property prices graded as World’s ‘Most Severely Unaffordable’

20 January 2015 – At 17 times the median household income, Hong Kong’s home prices continue to top the list of least affordable markets among major world cities according to American research institution Demographia’s latest report.The Demographia International Housing Affordability Survey 2015 includes 378 property markets around the globe, gener
By: OKAY.com

Impact of the Policy Address's housing strategy to be limited in the short term

16 January 2015 - In terms of Hong Kong property, this year’s Policy Address continued to focus on boosting housing and land supply, with no mention of any adjustment to the cooling measures currently in place. Many have expressed doubts over the achievability of the proposed housing strategy, and criticized the lack of a short term solution to th
By: OKAY.com

Searching for Suburbia: Why city dwellers are flocking to HK's "Back Garden”

15 January 2015 - In the past, families relocating to Hong Kong would typically choose to live in the city center to be near amenities like eateries, shops, schools, and workplaces in the central business districts on Hong Kong Island. More recently, however, there has been an increasing trend of newcomers settling directly in more remote areas li
By: Soi M Schmeelke-Puan

First hand homes for rent to reach almost 8000 units in Q1 2015

12 January 2015 - According to on.cc, new home rentals are set to peak in Q1 2015, with approximately 7,774 properties in 8 new projects due to be released. These account for almost half of the total completed units last year.The majority of these units are located in the New Territories, with an estimate of 5,400 homes in new projects that includ
By: OKAY.com
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