hong kong residential market
Luxury property demand up amidst HK super-wealthy population growth
Luxury property demand up amidst HK super-wealthy population growth
Increased transactions and family offices drive Hong Kong's high-end residential market.
Hong Kong residential rents still stuck in a downward streak
Townhouse rents saw the most significant decline of 5.8% in Q4.
Hong Kong mass residential capital values to decline 10% this year
Developers may be forced to offer deeper discounts to boost sales.
Hong Kong residential sales down 6.3% to 3,875 units in September
The primary market sales also declined 8.2%.
Hong Kong residential transaction volume down 6.3% to 3,875 units in September
Transactions for the secondary market reached 2,440 units.
Hong Kong mass residential capital values down 0.5% in July
It was higher compared to last month’s -0.3% drop.
Hong Kong mass residential prices to increase by 3-5% this year
Meanwhile, luxury home prices could grow by up to 3%.
Hong Kong mass residential prices could hit new highs this year
Consumer sentiment is likely to turn positive in the second half of 2022.
Why Hong Kong hotels are being converted into co-living facilities
More investors are looking for suitable assets for such conversion.
Hong Kong monthly home sales volume hit 2-year low in February
There were only 2,912 transactions during the month.
Hong Kong primary residential sales slump 28.6% to 1,081 units in January
Primary sales slumped 28.6% to 1,081 units.
Hong Kong residential market sluggish as mortgage debt levels hit record highs
Debts reached HK$1,720 billion in November 2021.
Hong Kong mass housing price growth to hit up to 3% this year
Meanwhile, luxury home prices could jump by 3-5%.
Asia’s most expensive flat per unit price sold in Hong Kong
The 4,544 sq-ft unit was sold for a record breaking HK$140,845 per sq ft.
Hong Kong primary residential transactions surge 172% in September
There were a total of 1,926 transactions worth HK$21.3 billion.
Hong Kong residential sales up 5.4% to 5,844 units in September
A notable luxury transaction was an apartment sold for HKD160m.
Mid-sized home prices beat Hong Kong housing market
Prices increased by up to 5.8% against the 2.9% overall market growth.
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