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 will China's stock market crash affect Hong Kong property?
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
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
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
Mainland flat viewing tours plunge by 95% during May “Golden Week”
As an important holiday for Hong Kong’s tourism industry, the May “Golden Week” has regularly filled the city with tens of thousands of mainland tourists along with billions of cash ready to flow into the Hong Kong real estate market. This year, the number of mainland tourists continued to rise despite the newly implemented “one-visit
OKAY.com Selected as Best Property Agent Website
OKAY.com is pleased to announce its win for 'Best Property Agent Website' at Squarefoot's Best of the Best Awards 2015 as determined by an expert judging panel and public vote.As one of Hong Kong’s leading property media brands, Squarefoot aims to celebrate the highest levels of achievement and recognize and commemorate MNCs and indiv
Hong Kong property rents drop for the first time after continuous climb over the past year
Many home seekers will be glad to learn that Hong Kong home rentals recorded a drop in March for the very first time in over a year. This trend is expected to persist in the second half of the year, with a larger number of new developments expected to be launched in those months.According to Centadata, secondary home rentals at 100
Four creative rooftop uses that will amaze your neighbours
In Hong Kong, a concrete jungle where homes are expensive and life is generally fast-paced, living in an apartment with a roof terrace is a privilege for a lucky few to enjoy fresh air and private moments away from daily hassles. Aside from being a party venue or clothes-drying space, roof terraces can actually be utilized in many
Asia record-breaking sale in 39 Conduit Road at HK$93,000 per sqft.
A unit at 39 Conduit Road was recently sold for a whopping price of HK$433 million, with the price per sqft. amounting to HK$93,000. This supersedes the HK$82,000 price per sq.ft. record set by Swire Properties’ Opus Hong Kong and throughout Asia in 2012. Developed by Henderson Land Development, the luxurious unit is a 45th-floor, 4
Rezoned land in Western District to provide 3,000 new residential units
Following the new MTR extension, new land for potential property developments in the Western District is in high demand. In the recent District Council meeting concerning the development of west Kennedy Town, the proposed rezoning plan gained general support despite some expressing their worries about the community’s carrying capac
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