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.
The Coronavirus and Local Social Unrest Have Dampened the Local Housing Market
15 April 2020The Signs of Market OptimismSeems like the drumbeat of bad news will never end with the coronavirus taking centerstage in everyone’s lives here in Hong Kong and around the world. This, coming on the heels of last year’s widespread social unrest throughout the Territory, is sure to completely decimate the local real estate market in 20
Despite the Current Coronavirus Crisis, Real Estate Experts Don’t Foresee Prices Falling to SARS Levels
12 March 2020 - Amidst the black-swan emergence of the coronavirus, rather than simply state my own views about the potential impact on property prices, I want to also summarize what various real estate experts across different parts of the industry are saying. Here’s a range of recent comments from real estate professionals, followed by my own v
The 2020 Hong Kong Budget - Real Estate Market Overview
12 March 2020 - Property cooling duty measures to remainMany in Hong Kong recently waited with great anticipation to learn the details of the 2020 Budget Address delivered by Finance Chief Paul Chan, especially as it would relate to measures affecting the real estate market. Ultimately, policy-wise nothing of breath-taking significance was present
OKAY.com’s Tommy Kwan Promotes Shek O Village on Cable TV
13 February 2020 - OKAY.com’s agent Tommy Kwan is featured on Cable TV’s Hong Kong property program “Property Outlook” (「樓盤傳真」) on 25 January 2020, where he showcased an apartment in Shek O Village, Shek O.
Renovating for a Profit – Agent Tips to Avoid Costly Mistakes
12 February 2020 - Given the recent popularity of several reality TV programmes about how to purchase, renovate and flip homes for a profit, many people have been inspired to do the same here in Hong Kong. While it looks relatively easy to do during an hour-long TV show, there is a veritable minefield of problems that can arise, and decisions to b
7 Big Benefits of Refinancing
7 February 2020 - Local housing prices have seen dramatic rises for many years now and show little indication of cooling off. This is, of course, bad news for potential buyers but fantastic for homeowners looking to cash in on some of their investments early. While banks have been slashing their cash rebates, mortgage refinancing is still a viabl
Feng Shui Suggestions in Your Home For the Coming New Year
15 January 2020 - As we look forward to ushering in the Chinese New Year later this month, we thought it would be a good opportunity to examine the ancient Chinese practice of feng shui. Rooted in practicality, feng shui influences many Hong Kong property owners in how they design or decorate a home. For others, it’s an important consideration f
Top tips for moving to Hong Kong with kids
10 January 2020 - The massive, vibrant and densely crowded city of Hong Kong is one of the most striking and intense in the world. From its fast moving street food scene to the iconic neon architecture, this is a city unlike any other.Home to an array of promising career opportunities, Hong Kong has traditionally been particularly strong in financ
The New Vacancy Tax: Implications for Hong Kong’s Real Estate Investors
Government taking active measures to cool off the housing market8 January 2020 - It has been widely reasoned that the demonstrations over the past six months in Hong Kong have been driven, in part, by frustrations of young locals locked out of the residential property market due to price that have risen to incredible levels over the years. The gov
Do you Own a Dog? You Might Want to Consider These Places to Live
3 January 2020 - Several years ago when a friend first thought about moving to Ma Wan, she was so excited to see that nearly everyone had a dog. There were so many dogs, in fact, she began to think that maybe they actually came with each flat. Needless to say, disappointment set in when ultimately the landlord specifically forbade having a dog on
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