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.

Hong Kong home prices rise 8.4% within the first nine months of 2014

8 November 2014 - Data released by the Rating and Valuation Department shows that Hong Kong home prices reached a new high for the sixth consecutive month in September. The monthly price index for private homes climbed to a new record 265.8 during the same month, marking an increase of 1.8% compared with August.In addition, Hong Kong home prices h
By: OKAY.com

Car park space at “The Harbourside” asks for HKD3M

6 November 2014 - Hang Lung Properties (0101) will launch 147 car park spaces for sale at “The Harbourside” atop Kowloon Station next Saturday (November 15). The most expensive car park space in the offered batch is asking for HKD3 million. These car park spaces are located on different floors with prices ranging from HKD2.6 million to HKD3 millio
By: OKAY.com

Martina’s Top 5 Hong Kong Hikes

An avid explorer and outdoorsperson, Martina shares her favorite routes and tips for great day trips in Hong Kong.  Tai Long Wan Take advantage of the cooler weather and make the journey from Sai Wan Road in Sai Kung to one of the most beautiful beaches with the clearest waters in Hong Kong. Have lunch at one of the restaurants at Ham Tim Beach or
By: Martina Ebert

From Top 100 Asia Winner to Global Finalist

7 November 2014 – OKAY.com today announced that it has been selected as a candidate for Red Herring's 2014 Top 100 Global award, a prestigious recognition honoring the year’s most audacious and far-reaching private technology companies and entrepreneurs from across the globe. Earlier this year, OKAY.com was recognized by Red Herring as one of the
By: OKAY.com

Billion Group wins Pak Shek Kok site for HK$2.54 billion

5 November 2014 - Billion Group outbid 14 developers including Cheung Kong Holdings (0001) and Sino Land (0083) to win the last Pak Shek Kok seaview residential site for HK$2.54 billion. The offer is higher than forecasted market estimates.A tender for the site, which is located in the Tai Po area, failed in March this year despite seven bids havi
By: OKAY.com

Consideration for residential sale and purchase agreements up 17.9% in October

4 November 2014 - The Land Registry's statistics for October 2014 state that the number of sales and purchase agreements for all building units received for registration in October was 7,967, a decrease of 0.4% month-on-month but increase of 71.4% year-on-year.The total consideration for sale and purchase agreements in October was HK$68.6 billion,
By: OKAY.com

Norman Chan: interest rate hike will greatly impact property market

3 November 2014 - During the meeting for the Legislative Council's Panel on Financial Affairs, Hong Kong Monetary Authority Chief Executive Norman Chan commented that it is only a matter of time before interest rates will start increasing in Hong Kong as a result of the US central bank ending its huge monthly bond purchase programme.Chan warns tha
By: OKAY.com

3 units of “Opus Hong Kong” on the Peak to launch for sale by tender

1 November 2014 - Swire Properties (1972) yesterday announced it will put three luxury units at the “Opus Hong Kong” on the market for tender. The property is located at 53 Stubbs Road on the Peak. The three units include a 5,146 sq. ft. (saleable) unit on the second floor with a reference price of HK$400 million (HK$ 77,700 per sq. ft.).The devel
By: OKAY.com

International Real Estate Expert Martina Ebert joins OKAY.com

HONG KONG, 30 October 2014OKAY.com is pleased to welcome international real estate expert Martina Ebert, who joins the team as an Associate Director – Residential Division. Martina brings a decade of real estate experience, spanning markets across Hong Kong, Thailand, Macau, and her native Germany. An established industry leader in the sales and l
By: OKAY.com

Hopewell buys 1 & 3 Swatow Street in Wan Chai

30 October 2014 - Hopewell Holdings (0054) continues its keen investment in Wan Chai. After applying for compulsory sale of a batch of old buildings at 161 to 167 Queen Road East and buying a mini residential plot at Schooner Street for HK$238 million earlier this year, Hopewell recently purchased 1 & 3 Swatow Street within the district. According
By: OKAY.com
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