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.
Reflecting on Hong Kong’s Residential Market and Looking Ahead to 2020
14 November 2019 - As the end of 2019 approaches, we’ve seen a dramatic rise in the levels of unrest. This has undoubtedly created more uncertainty for property owners, investors and tenants. Let’s review the events of the year as they relate to real estate to provide some context and advice for buyers and tenants that may be helpful for any upco
Hong Kong Property: Don’t Assume Turbulence Will Lead to a Crash
30 October 2019 - Continued mass protests across Hong Kong, coupled with worries for global economic slowdown have taken a serious toll on the confidence in Hong Kong’s property market in recent months. Scores of articles have been written in the press describing poor sales launches and headline transactions at steep discounts to asking prices. In
Hong Kong Policy Address 2019 and its Impact on Home Buyers
30 October 2019 - On 16 Oct 2019, Chief Executive of Hong Kong, Mrs Carrie Lam, made her third annual policy address since assuming office in 2017. The Chief Executive’s 2019 Policy Address covered four key topics including a) Housing; b) Land Supply; c) Improving People’s Livelihood; and d) Economic Development. Two of these have an immediate and
Pok Fu Lam Life: Enjoying both Nature and the City Essentials at Your Doorstep
22 October 2019 - Pok Fu Lam on the western tip of Hong Kong Island is one of the city’s oldest residential areas that has always enjoyed popularity among buyers and tenants alike. Pok Fu Lam residents love the harbour-facing and/or mountain views, tranquil ambience, accessibility to many great hiking trails and the convenience of numerous types o
4 Ways to Visually Enlarge Your Apartment
30 September 2019 - The lack of space is one of the most complained-about aspects of life in Hong Kong. If you find yourself nodding in agreement, this article is for you! OKAY.com has collected four simple but efficient tips that can visually enlarge your apartment to create a better sense of space and turn your home into more of a sanctuary. 1.
How Can Transferring a Property to a Relative Save Taxes in Hong Kong?
20 September 2019 - While Hong Kong's property market has certainly been affected by the recent uncertainties (both local and the broader trade war), the effect has not been as significant as some reports suggest. August residential sales volumes were down 15% from July, 15% below August 2018 levels, and actually 60% higher than average monthly t
5 Reasons why People are Moving to Quarry Bay and Taikoo Shing
6 September 2019 - When people think about Hong Kong Island, they often think of luxury districts such as the Mid-Levels, the Peak and Southside. However, there are out-of-the-box options that are more affordable (and may be more convenient if your office is East of Central). Specifically, Quarry Bay and Taikoo Shing have emerged as vibrant neig
5 Top HK Districts for Families with Young Children
30 August 2019 - With the end of summer holiday already here, it’s time for children to start a brand new semester and for parents of preschoolers (starting school next year) to make some serious decisions in choosing primary schools for their young children. Apart from shortlisting the best schools and preparing children for admission interviews,
Does the Fed's Recent Interest Rate Cut Affect Hong Kong’s Property Market?
By Joshua Han Miller 26 August 2019 - On July 31, the US Federal Reserve cut interest rates for the first time in more than a decade, citing muted inflation, concerns about the global growth and trade uncertainty. Given we have already been in a (very) low interest rate environment for a decade (since the 2008 GFC), will this rate cut affect the H
Six Qualities That Make an Outstanding Property Agent
16 August 2019 - “Home is where the heart is”, and where one feels completely at ease and safe; home is where one can relax after a long day at work, a sanctuary much needed for you to restore the important balance between work and life. The first crucial step to own a dream home, whether through buying or renting, for yourself or for your family
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