Real Estate

Hong Kong housing bubble?

SoldAtTheTop Christian Science Monitor 23.03.2011
Hong Kong housing bubble?

There has been much speculation recently about an ongoing price bubble occurring in the Hong Kong residential property market. The University of Hong Kong’s Residential Real Estate Series (HKU-REIS) indicated that, in January, the price of residen...

Banyan Tree Residences showcasing to investors in Hong Kong

Banyan Tree is showcasing its portfolio of luxury properties around Asia to high net worth individuals at the Landmark Mandarin Oriental in Hong Kong on March 26-27.


Hong Kong eyes 400 flats in Hung Hom sell-off

The government plans to sell three sites in Hung Hom over the next three months to provide about 400 flats. The site on Ko Shan Road has an area of around 20,470 square feet, with gross floor area of between 92,107 sq ft and 153,515 sq ft. It prev...

Hong Kong facing severe housing shortage for the next 20 years

The overheating of the Hong Kong property market has left the private housing market severely unaffordable and the trend is expected to continue for the next 20 years, according to research carried out by the Royal Institution of Chartered Surveyors.


Hong Kong, Singapore home prices top The Economist's global house-price index

Hong Kong and Singapore have topped The Economist’s latest quarterly global house price index as the countries where home values rose the most.

Hong Kong office space priciest in world

Hong Kong became the world's most expensive place to rent office space last year, a study has found, despite government efforts to cool the surging property market and avoid a bubble.


Hong Kong Moves Forward With Reverse Mortgages in 2011

Elizabeth Ecker Reverse Mortgage Daily 02.03.2011
Hong Kong Moves Forward With Reverse Mortgages in 2011

A Hong Kong reverse mortgage corporation is moving forward with plans to launch a reverse mortgage product for seniors this year, The Standard reported.

Like Singapore, Hong Kong cracking down on misleading show units

Byron Perry Asia Property Report 22.02.2011
Like Singapore, Hong Kong cracking down on misleading show units

Hong Kong is cracking down on real estate developers and agents who use misleading show units to entice buyers, on the heels of similar moves by authorities in Singapore.


Hong Kong Rents Third Most Expensive in World

Alice Truong The Wall Street Journal 16.02.2011
Hong Kong Rents Third Most Expensive in World

Hong Kong’s residential rents for expats jumped 22% in September for the year to date from a year earlier, making the Chinese territory the third most expensive rental market in the world, according to a global survey of expatriate housing costs.

Trying to Maintain the Flavor of Hong Kong

Alexandra A. Seno The New York Times 11.02.2011
A living room at TwoTwoSix, a new luxury apartment project in Hong Kong.

TwoTwoSix, a new luxury apartment project here, gets its name from its address, 226 Hollywood Rd. Standing on the Western edge of the street known for its art galleries and antiques shops, the six-floor building is a few steps from Possession Stre...


Hong Kong housing estates breaking '97 price peak

Byron Perry Asia Property Report 07.02.2011
Hong Kong housing estates breaking '97 price peak

Sales prices in four major housing estates in Hong Kong surpassed previous records set in the boom of 1997, the South China Morning Post has reported.

Hong Kong housing world's most expensive - Savills

Alison Leung, Jon Loades-Carter Reuters 29.01.2011
Hong Kong housing world's most expensive - Savills

Hong Kong housing is the most expensive in the world as negative real interest rates and ample liquidity boost demand while new supply remains tight, said Savills Plc (SVS.L) in a research of four top cities.


China to expand home buying restrictions: report

Chris Oliver MarketWatch 24.01.2011

China's central government plans to broaden curbs on second home purchases to include more cities, expanding administrative measures unveiled in Beijing last April and which have since been adopted by nearly 10 cities, the state-run China Daily re...

Australia, Hong Kong Among World's Priciest Housing Markets, Survey Shows

Australian homes are the most unaffordable among English-speaking nations, while those in the U.S. are the cheapest relative to incomes, a survey shows.


Hong Kong's Home Completion Rises to Four-Year High

Kelvin Wong BusinessWeek 21.01.2011
Hong Kong's Home Completion Rises to Four-Year High

The number of private homes completed in Hong Kong rose 86 percent to 13,400 in 2010 as the government attempted to boost housing supply to curb soaring prices.

Hong Kong home sales mark healthy recovery

Ellen Wang The Standard 17.01.2011
Hong Kong home sales mark healthy recovery

Home sales in the city's biggest housing projects surged 11 percent over the weekend from a week earlier to 81 as speculators exited the market.


Over 1 million Americans seen losing homes in 2011

JANNA HERRON Yahoo! News 14.01.2011
Over 1 million Americans seen losing homes in 2011

The bleakest year in the foreclosure crisis has only just begun. Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006. About 5 million borrowers are at least two months behind on their m...

Serviced Apartment Ownership: The Next Investment Trend?

Alice Truong The Wall Street Journal 14.01.2011
Serviced Apartment Ownership: The Next Investment Trend?

Ovolo Group’s latest strategy is unheard of in Hong Kong: The serviced-apartment operator is selling its 48 units in a Sheung Wan building. “It’s the first time it’s been done in Hong Kong,” said Girish Jhunjhnuwala, Ovolo’s founder and managing d...


Hong Kong Serviced Apartments Increasingly Appeal to Business Travelers

Serviced apartments were once regarded as temporary ‘in-between’ homes ideal for settling-down in a new city, or as a base for a month or so on an overseas contract but this trend is changing according to cutting-edge Hong Kong boutique serviced a...

Hong Kong's Lan Kwai Fong to Open Bars, Restaurants in China's Guangzhou

Lan Kwai Fong Holdings Ltd., developer of Hong Kong’s iconic stretch of bars and restaurants, will expand in southern China’s Guangzhou to tap growing domestic consumption.



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