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.
2024 Policy Address : Enhancements to SME Financing Guarantee Scheme
The Chief Executive announced in "The Chief Executive's 2024 Policy Address" today (October 16) that, for both existing and new loans, borrowing enterprises under the SME Financing Guarantee Scheme will be allowed to apply for principal moratorium for up to 12 months while the maximum loan guarantee periods of the 80 per cent and 90 per cent Guara
2024 Policy Address : Enhancement measures on New Capital Investment Entrant Scheme
As announced in the 2024 Policy Address, with effect from October 16, 2024, an applicant under the New Capital Investment Entrant Scheme (New CIES) is allowed to invest in residential properties, provided that the transaction price of a single property must be HK$50 million or above. The total investment amount in real estate (the aggregate of al
2024 Policy Address : Countercyclical macroprudential measures for property mortgage loans
The Hong Kong Monetary Authority (HKMA) today (October 16) issued guidelines to banks adjusting the countercyclical macroprudential measures for property mortgage loans.Following the abolition of the demand-side management measures for residential properties by the Government and the adjustments of the supervisory measures for property mortgage lo
Victoria Peak: Hong Kong’s Ultra-Prime Pinnacle
Hong Kong's most exclusive neighborhood, Victoria Peak, has been served by an efficient tram – the first cable funicular in Asia – since 1888. (Shutterstock)With cooler air and bird’s-eye views, Victoria Peak has long been Hong Kong’s most desirable place to live. As depicted in the recent Nicole Kidman-led Prime Video series, Expats, Victoria Pea
Navigating Education in Hong Kong: Local Schools vs. International Schools
In a highly competitive Hong Kong educational landscape, parents face a crucial decision regarding their children's education - should they opt for a local or international school? Picking the right school is a big deal, as it can shape your child's future. In this article, we're here to help you navigate the differences between these two systems,
Hong Kong's Charming Outlying Retreats
Nestled within the bustling city of Hong Kong are several enchanting outlying islands that offer a tranquil escape from the urban chaos. From the serene Discovery Bay to the picturesque Lantau Island and the vibrant Cheung Chau, these charming retreats provide a perfect getaway for those seeking outdoors and nature, relaxation, and a taste of loca
Hong Kong's Extreme Weather: How to Be Resilient and Be Prepared
Hong Kong is no stranger to extreme weather events, but the recent record-breaking rainfall and severe flooding have highlighted the urgent need for enhanced disaster preparedness. This article tackles the practical steps individuals can take to better prepare for challenges brought on by climate change. The torrential rainfall and devastating flo
Sky's the Limit: Crafting and Savoring Rooftop Life in Hong Kong
Amid Hong Kong's towering buildings and cozy living spaces, rooftops stand out like hidden gems. They're like your personal ticket to a refreshing breeze and breath-taking scenes. We're here to dive into all the rooftop goodness – from what you see when you look out to how you can jazz it up with your style and even the fun stuff you can do. We're
5 Key Ways To Fight Mosquitoes in Hong Kong 2023
As the summer season sweeps across Hong Kong in 2023, so do the buzzing and biting mosquitoes that come along with it. These pesky insects can turn peaceful evenings into a battle against itchy bites and sleepless nights. However, fear not! We've compiled a list of 5 simple yet effective tips to help you fight mosquitoes and enjoy your summer with
5 Ways to Survive Hong Kong's Summer Heat: Essential Tips to Get Through the High Temperature
Hong Kong is known for its bustling streets, vibrant culture, and mesmerizing skylines. However, the city's summer heat and humidity can be challenging to bear. As hot weather comes and the air becomes thick with moisture, finding ways to stay cool and comfortable is important. Are you finding it tough to keep cool and hydrated amidst the scorchin
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