Hong Kong Housing Market Turns Bullish as New Launch Draws Record 53,000 Ballots and Rents Climb for Ninth Month
Real Estate

Hong Kong Housing Market Turns Bullish as New Launch Draws Record 53,000 Ballots and Rents Climb for Ninth Month

West Kowloon new launch drew a record 53,000 registrations (397x oversubscribed), rents rose for a ninth straight month,...

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Wheelock's PALO SPRINGS Debut Sells 56 of 100 Units as Tender Prices Set Kwu Tung North Record
Real Estate

Wheelock's PALO SPRINGS Debut Sells 56 of 100 Units as Tender Prices Set Kwu Tung North Record

Wheelock Properties' first Kwu Tung North launch sold 56 of 100 units on day one, including tender deals at a HK$23,604 ...

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Wheelock's Kwu Tung North Debut Sells 56 of 100 Units as Tender Deals Hit Records
Real Estate

Wheelock's Kwu Tung North Debut Sells 56 of 100 Units as Tender Deals Hit Records

PALO SPRINGS, the first private residential launch in Hong Kong's Kwu Tung North, sold 56 of 100 first-round units, with...

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Hong Kong Home Prices Slip 0.84% as Weak Sales Pressure All Districts; Rents Rise for Third Week
Real Estate

Hong Kong Home Prices Slip 0.84% as Weak Sales Pressure All Districts; Rents Rise for Third Week

Hong Kong's home price index fell 0.84% to 120.79 as weak new-project sales pushed owners to widen discounts, while rent...

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China Resources' New Kowloon Launch Prices Flats 27–33% Below 2021 Area Projects
Real Estate

China Resources' New Kowloon Launch Prices Flats 27–33% Below 2021 Area Projects

The first 102 flats in the large West Kowloon project start at HK$5.298 million after discount, averaging HK$17,880 per ...

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Wheelock's PALO SPRINGS Debuts in Kwu Tong North at 26% Premium Over Cloudy, Betting on Rail
Real Estate

Wheelock's PALO SPRINGS Debuts in Kwu Tong North at 26% Premium Over Cloudy, Betting on Rail

Phase 2 of PARK SILICON launches 65 units averaging HK$17,671/sq ft after discount. The price is sharply higher than the...

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Hong Kong Residential Roundup: Strong Summer Rentals, Mixed Sales as Deals Shine in Sha Tin, Tai Po and More
Real Estate

Hong Kong Residential Roundup: Strong Summer Rentals, Mixed Sales as Deals Shine in Sha Tin, Tai Po and More

A flurry of Hong Kong residential transactions shows robust rental demand pushing rents to new highs in some estates, wh...

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Kai Tak's Pavilion Forest II Raises Prices Up to 9.12% in New Price List, 10 Units for Sale Sunday
Real Estate

Kai Tak's Pavilion Forest II Raises Prices Up to 9.12% in New Price List, 10 Units for Sale Sunday

New World Development and Far East Consortium launch a fourth price list for their completed Kai Tak project at an avera...

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Hong Kong's HSBC Downgrades Valuations on Over Half of Major Estates; Kingswood Villas Leads Decline
Real Estate

Hong Kong's HSBC Downgrades Valuations on Over Half of Major Estates; Kingswood Villas Leads Decline

HSBC cut valuations on Kingswood Villas large and medium units by over 3%, while Belcher's and Whampoa Garden bucked the...

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Why Henderson Land Paid 80% More to Close Out Its Robinson Road Site
Real Estate

Why Henderson Land Paid 80% More to Close Out Its Robinson Road Site

Henderson Land spent HK$180 million on the last four units of a Mid-Levels West building, paying about 80% above 2024 pr...

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Hong Kong New-Home Weekend Sales Slump 74% as Kam Tin Project Sells Just 35% of Units
Real Estate

Hong Kong New-Home Weekend Sales Slump 74% as Kam Tin Project Sells Just 35% of Units

The city's primary market logged roughly 60 deals in the first August weekend — down 74% week on week — while Sun Hung K...

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Tsuen Wan's Emperor Plaza: Subdivided Shops Collapse to 2% of Peak Value
Real Estate

Tsuen Wan's Emperor Plaza: Subdivided Shops Collapse to 2% of Peak Value

Auction results show Emperor Plaza shop units selling for as little as HK$90,000, a fraction of their 2012-13 prices, ex...

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