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.
OKAY.com’s Tommy Kwan and Belinda Woo Shared Their Property Market Insights with SCMP
9 July 2020 - SCMP consulted OKAY.com's Tommy Kwan and Belinda Woo about the recent trend of property buyers seeking upscale local residences by the sea and the consequences of this trend. Scroll down to read more! Tommy Kwan, of Okay Property Agency, says the main reason people choose Repulse Bay is for the wide sea view. “You can see as far as L
Taiwan & Japan ‘Decoration Lite’ Trend: 14-day Home Transformation
12 June 2020 - Many people's homes in Hong Kong are old not well decorated and show signs of peeling paint. And, the reason for not making improvements is often not a lack of money or living circumstances, but rather it’s because there is just no time to take care of the property.In fact, this problem is not unique to Hong Kong. The concept of ‘de
Top 6 Friendly Pet Neighborhoods for Your Home
27 May 2020 The right fit Given the current Covid-19 pandemic scenario, it’s no wonder that people in Hong Kong have turned to buying pets to help them find trusted friendship and companionship to see them through the current extended sequestration period. In fact, Hong Kong has seen a dramatic increase in pet ownership over the past 15 years. Acc
HK Homeowners are in Much Better Shape Today Than During Past Crises
12 May 2020 - They say that the first casualty of war is the truth. Today with the current full throttle global war on the corona virus underway, predictions of future events often seem to be negatively overblown and exaggerated.Take for example New York’s Governor Anthony Cuomo in the US who initially said his state needed 30,000 respirators to h
The Coronavirus and Local Social Unrest Have Dampened the Local Housing Market
15 April 2020The Signs of Market OptimismSeems like the drumbeat of bad news will never end with the coronavirus taking centerstage in everyone’s lives here in Hong Kong and around the world. This, coming on the heels of last year’s widespread social unrest throughout the Territory, is sure to completely decimate the local real estate market in 20
Despite the Current Coronavirus Crisis, Real Estate Experts Don’t Foresee Prices Falling to SARS Levels
12 March 2020 - Amidst the black-swan emergence of the coronavirus, rather than simply state my own views about the potential impact on property prices, I want to also summarize what various real estate experts across different parts of the industry are saying. Here’s a range of recent comments from real estate professionals, followed by my own v
The 2020 Hong Kong Budget - Real Estate Market Overview
12 March 2020 - Property cooling duty measures to remainMany in Hong Kong recently waited with great anticipation to learn the details of the 2020 Budget Address delivered by Finance Chief Paul Chan, especially as it would relate to measures affecting the real estate market. Ultimately, policy-wise nothing of breath-taking significance was present
OKAY.com’s Tommy Kwan Promotes Shek O Village on Cable TV
13 February 2020 - OKAY.com’s agent Tommy Kwan is featured on Cable TV’s Hong Kong property program “Property Outlook” (「樓盤傳真」) on 25 January 2020, where he showcased an apartment in Shek O Village, Shek O.
Renovating for a Profit – Agent Tips to Avoid Costly Mistakes
12 February 2020 - Given the recent popularity of several reality TV programmes about how to purchase, renovate and flip homes for a profit, many people have been inspired to do the same here in Hong Kong. While it looks relatively easy to do during an hour-long TV show, there is a veritable minefield of problems that can arise, and decisions to b
7 Big Benefits of Refinancing
7 February 2020 - Local housing prices have seen dramatic rises for many years now and show little indication of cooling off. This is, of course, bad news for potential buyers but fantastic for homeowners looking to cash in on some of their investments early. While banks have been slashing their cash rebates, mortgage refinancing is still a viabl
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