Insights
Tag: market trends
The Implications of Chinese Property Developers Buying Land in Hong Kong
5 April 2017 - The conspicuous investment of Chinese property developers continues to dominate the Hong Kong property news cycle. Recent headlines detailed the record breaking land purchase of a site in Ap Lei Chau for HK$ 16.9 billion. The buyer, Logan Property Holdings and KWG Property Holdings, are based in Shenzhen and Guangzhou respectively.
Hong Kong Island’s New Development in 2017
29 March 2017 - According to JLL’s Property Market Monitor in March, home sales have increased by 24.1% in February month-over-month. In addition to this, residential capital values i.e. home prices in Hong Kong also rose by 1.0% in February, overtaking September 2015 as the highest on record.1 The price surge occurred despite cooling measures in
The State of Hong Kong’s Luxury Property Market
6 March 2017 - 2016 was a year of remarkable highs and lows for the Hong Kong property market. Spurred on by a concoction of available credit and negative real interest rates, Hong Kong’s residential prices increased by nearly 200 per cent in the post 2008 period. This combined with record breaking bids from mainland developers and a seeming upsu
How RMB Depreciation Affects Hong Kong’s Property Market
27 February 2017 - Despite the Renminbi’s (RMB) inclusion in the IMF’s Special Drawing Rights basket last year and the strengthening of the yuan exchange rate against the US dollar in recent weeks, according to analysts at Nomura, the RMB is forecasted to experience further depreciation in 2017. Expected to depreciate by as much as 5 per cent, t
Hong Kong Property Market in 2017
17 January 2017 - 2016 bestowed Hong Kong with the dubious honour of being the least affordable housing market in the world. A carry on from 2015, whereby according to Demographia’s International Housing Affordability Study, the median real estate prices were 19 times median annual pre-tax household income, the Hong Kong property market was als
Primary Sale or Second Hand Property - Which is the Right Option for You?
3 January 2017 - As per the Land Registry of the Hong Kong government, primary sales are defined as sales from developers and secondary sales refer to sales from parties other than developers. Looking at the Land Registry data below, apart from sales which were concluded under the Home Ownership Scheme, the Private Sector Participation Scheme and
How will the MTR South Island Line affect the property market in Hong Kong?
21 December 2016 - Despite the reporting of possible delays in engineering works back in September, the MTR South Island Line is scheduled to open on December 28th this year. The new train line which extends from Admiralty to South Horizons in Ap Lei Chau, serves to link up new stations in the southern part of Hong Kong including Lei Tung, Wong
The Housing Prices of Different Districts in Hong Kong
21 December 2016 - As of September 2016, month-on-month appreciation of Hong Kong real estate prices as a whole have risen by 9.93%. This is reflective of a 4.03% price depreciation of Hong Kong island properties, a 5.14% price increase in the Kowloon property market and a 22.80% surge in New Territories or Outlying Island property prices. Hong
8 Things You Should Know About the New South Island Line
19 December 2016 - MTR is extending its service to Southern District next week on 28th December, 2016. The new South Island Line(East) will include four stations - Ocean Park, Wong Chuk Hang, Lei Tung and South Horizons connecting to the existing Admiralty station. 1. The South Island Line (East) is a 3-car train with Fully Automatic Operation (
State of the Hong Kong Property Market
Overview As of month end October 2016, the residential volume of property transactions in Hong Kong decreased by 15.7% whereas the corresponding residential value decreased by 2.6% compared to the previous month. This bucked the accelerating upward trend of recent months with m-o-m growth in home prices reaching a peak of 2.7% in September, and
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