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.
Sai Kung village house sells for record HKD130M
17 October 2014 - A single number village house on the waterfront of Sheung Sze Wan in Sai Kung was recently sold for HKD130 million. The transaction price per square foot amounted to HK$61,905, breaking the record for both transaction price and price per square foot in Hong Kong’s village house market. The nicely renovated house is sized at 2,100
Li Ka-shing urges protesters to go home
16 October 2014 - Li Ka-shing, Asia's richest man and chairman of property developer Cheung Kong (0001) yesterday released a public statement commenting on Occupy Central for the first time. Li called on young people to abandon their Occupy Central campaign and go back to their families. Li expressed that he does not want to see a stand still in H
EAA Chairwoman Vivien Chan to finish her term of office at end of October
15 October 2014 - Estate Agents Authority (EAA) Chairwoman Vivien Chan will finish her term of office and leave the EAA at the end of this month. The new EAA chairman will be on board in November. Vivien has been with the EAA for 6 years. She told the media yesterday that she is most proud of her work in launching the new practice circular requiri
New World Development wins Tai Wai Station project
14 October 2014 - New World Development (0017) has won the development rights of the keenly-followed residential project atop Tai Wai MTR station, outbidding eight rivals including Cheung Kong Holdings (0001), Henderson Land (0012) and Wheelock Properties (0020). Henry Cheng Kar Shun, Chairman of New World Development (0017) said that the project'
Lantau Island residential site to launch by public tender next month
14 October 2014 - The Lands Department announced that a residential site in the 2014-15 Land Sale Programme will be put on the market for sale by public tender next month. The particular site is Lot No. 758 in Demarcation District No. 332 at Cheung Sha, Lantau Island. The tender invitation for the site will run from 7 November to 19 December. The
Unit at “The Pavilia Hill” in North Point sold at over HK$ 40,000 per sq. ft.
13 October 2014 - Occupy Central does not appear to have affected the launch of luxury residential projects. 31 units of “The Pavilia Hill” in North Point by New World Development (0017) were sold yesterday during its third round launch, cashing in close to HK$ 800 million for the developer. One buyer purchased 2 apartments in the project for a to
“Ladder Street Terrace” block sold at HKD140M
10 October 2014 - Sing Tao Daily reported that an entire building at “Ladder Street Terrace” in Mid-Levels West was recently transacted at HKD140 million. The site of the property is approximately 2,860 sq. ft. with the maximum plot ratio being 5 times the site area. In terms of the maximum re-development area, the transaction price is about HKD9,
Compulsory auction application for “Western Court” approved
9 October 2014 - The Lands Tribunal recently approved Henderson Land (0012) or its related company‘s application for compulsory sale of land on the “Western Court” site in Sai Wan. The developer applied for the compulsory auction in 2011 and the reserve price of the project will amount to HKD2.95 billion. It is expected that the project will be
Local home prices rise five straight months, reaching record high
8 October 2014 - The Rating and Valuation Department released its latest data report yesterday. The Private Domestic Price Index was showed to have hit 260.8, up nearly 1.9% from July when a 2.3% gain was recorded. Local home prices have risen for five straight months, reaching a new record high. In addition, the data also showed the local residen
“8 LaSalle” units asking for HKD23,196 per sq. ft., well above secondary market
7 October 2014 - Kerry Properties (0683) yesterday announced the price list of its luxury residential project “8 LaSalle” in Ho Man Tin. The first batch of 30 units, located between the second and fifteenth floors of the property, include 3 special units with flat roofs. The developer also announced the sale arrangements for the property last nigh
OKAY.COM App
Let's Connect
Signup to receive the latest properties
15/F, Wilson House, 19-27 Wyndham St., Central, Hong Kong
+852 2102 0888
© 2024 Okay Property Agency LimitedEAA License Number C-036846All Rights Reserved