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.
Chan Ka-keung: Government will take action should property speculation recur
13 August 2014 - Commenting on the Hong Kong property market's recent increase in transactions, the Secretary for Financial Services and the Treasury, Ceajer Chan Ka-keung, yesterday expressed in a media luncheon that the risk of correction in the property market is much more obvious than 2 years ago. The Government will closely monitor the status
Tai Po residential site to be put on market again for tender
13 August 2014 - The Lands Department announced that a site, Tai Po Town Lot No. 213 at Fo Chun Road, Pak Shek Kok, Tai Po, New Territories, will be put on the market again by public tender. The tender for the 204,516 square foot site in Fo Chun Road, Pak Shek Kok, and close to Tolo harbor, will run from September 12 to October 24. It is expected
Norman Chan: Hong Kong to face three challenges upon US interest rate hikes
12 August 2014 - Hong Kong Monetary Authority chief executive Norman Chan Tak- Lam yesterday stated in his inSight column that Hong Kong will face three challenges in the coming five years if the United States hikes interest rates as expected by mid-2015. Chan said that the global financial environment is still in a highly unusual state. When the
Bloomberg Interview on Micro-Apartments in Hong Kong
13 August 2014 - I was honored to be invited by esteemed Bloomberg journalist Angie Lau to discuss the recent “trend” of micro-apartments in Hong Kong that have received significant press attention. Cheung Kong has recently launched the sales of Mont Vert, a new development of micro-sized apartments, which includes studios ranging from 177-196 sqf
OKAY.com Board Chairman invited as guest speaker alongside Anson Chan at Thomson Reuters Event
11 August 2014 - We are pleased to share photos of a Thomson Reuters 'Diversity & Inclusion Event' that took place on 1 August, Beverly L W Sunn, Board Chairman of OKAY.com, partnered with Anson Chan as guest speakers to share their personal stories, career journeys and thoughts on diversity, press freedom and the future of Hong Kong._____________
Walter Kwok formed 'Empire Group Holdings' to rebuild his property business
11 August 2014 - The former chairman of Sun Hung Kai Properties, Walter Kwok Ping-sheung, recently formed a new company and renamed 2 existing companies to rebuild his property business. Kwok revamped two of his privately owned real estate related companies in June and July this year, following which his “Empire Group Holdings Limited” co-operated
Peter Woo says politics is a luxury
11 August 2014 - Former chairman of Wheelock (0020) Peter Woo Kwong-ching, who ran for the first Chief Executive post in 1997 and has been a Chinese People's Political Consultative Conference Standing Committee Member for more than a decade, spoke to the press and stated that politics is a luxury and he wants young people to know that. Peter Woo s
27 bids received for Tsuen Wan and Ma On Shan sites
9 August 2014 - The tender for two land parcels located at Yeung Uk Road, Tsuen Wan and Hang Kwong Street, Ma On Shan was closed on Friday (8 August). Ming Pao reported that 27 tenders were received, of which 11 placed bids on the Tsuen Wan site and 16 placed bids on the Ma On Shan site. The response was better than market expectations. The potent
'Homantin Hillside' to launch in October; name said to mislead buyers
8 August 2014 - Wing Tai Properties (0369) and Nan Fung Development will launch their joint residential project“Homantin Hillside” at No. 1 Ko Shan Road in Hung Hom in October. The Sales of First-hand Residential Properties Authority yesterday warned that the property name may be misleading to potential buyers as the property is located in Hung Ho
Average home prices in Hong Kong hit another record
8 August 2014 - Hong Kong's average home prices rose for a third consecutive month and hit a record high again in June. The Rating and Valuation Department yesterday announced that the monthly price index of private housing climbed 2.6 percentage points from the previous record, set in May, to 249.8. Small and medium-sized units saw the sharpest u
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