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.

First hand homes for rent to reach almost 8000 units in Q1 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 | 13.01.2015

Citi Analysis: Home Prices are far from peaking

The latest Centa-City Leading Index concluded the year of 2014 with an annual rise of 11.2%, reaching another record high of 132.45. The continuous upward climb of property prices throughout the year, though at a slower pace, has again alarmed investors and raised concerns of a potential bubble in 2015.Home prices rose 7 consecuti
By: OKAY.com | 12.01.2015

What does 2015 hold for Hong Kong's residential property market?

Despite a slight recovery this year, Hong Kong’s property market is still under the influence of the government’s cooling measures which are expected to continue in 2015, as mentioned in Knight Frank’s latest forecast report.1. Continued heat in primary salesThe total number of transactions has increased by 18% to 60,000 in 2014
By: OKAY.com | 31.12.2014

Critics doubtful of Government’s 480K housing supply target

The Government announced last week its intention to raise the 10-year housing supply target to 480,000 units, with critics suggesting that the number is not high enough yet difficult to achieve.In the coming decade, the target includes 200,000 public rental housing units, 90,000 subsidized sale flats, and 190,000 private housing
By: OKAY.com | 31.12.2014

OKAY.com CEO in Yahoo Finance: "Purchase ahead of a continued recovery and look longer term"

Joshua Han Miller, CEO of OKAY.com, was recently interviewed by Yahoo Finance about his views on the current property market. He expects market activity to continue to increase in the short to intermediate term amidst fluctuations.“The end of the US bond purchase program is a sign of economic stability and recovery. We’ve seen
By: OKAY.com | 18.12.2014

How to add value with renovations for rental properties in Hong Kong

As we all know, properties in HK tend to be cookie cutter in terms of their layout. So how do you make your property stand out amongst the rest? Modernizing a property can be costly and time consuming but yields good results (i.e. the property would fetch a good price and let quickly). Since it can be an expensive project and t
By: OKAY.com | 15.12.2014

Hong Kong remains one of the most expensive places to accommodate employees

13 December 2014 – Ranked no.2 behind London, Hong Kong remains one of the most expensive cities for companies to accommodate staff, according to the latest Live/Work Index released by Savills. The US dollar denominated index measures company spending on employee living and work space and is closely related to property prices in these cities. Afte
By: OKAY.com | 15.12.2014

French community in Hong Kong greatly expands, targeting opportunities in China

According to estimates of the Consulate General of France in Hong Kong, there are now 17,000 French residing in the city. A 50% plus increase of French arrivals within the last 5 years was recorded by the Immigration Department, greatly outnumbering the growth among other European arrivals. It is believed that increasing busines
By: OKAY.com | 12.12.2014

John C Tsang: Government will stay alert to bubble risk and take appropriate measures as necessary

Financial Secretary, John C Tsang held a press conference on Hong Kong's latest overall economic situation yesterday. He stated that the government has been keeping an eye on the risk of a property bubble, and will adopt appropriate measures when required.Tsang started the conference by expressing his worries about the global eco
By: OKAY.com | 04.12.2014

Inflation of rental and purchase prices continues during Q4 low season

Q4 is largely seen as the low season in the Hong Kong rental market, with rentals in October appearing to have taken this into account, growing only 1.2% month-on-month compared to 2.1% growth in September. Despite this, abundant demand has already triggered a 10%+ increase in rentals over the previous 6 months – a trend that is
By: OKAY.com | 01.12.2014
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