• Thu
  • Aug 21, 2014
  • Updated: 5:48am

Home sales

Home sales rise as owners cut asking prices

Home sales in the secondary market picked up in the past week as more flat owners cut their asking prices. Analysts said the outlook was negative, with prices edging down.

Wednesday, 5 March, 2014, 3:39am

Kerry still targeting HK$6b in sales

Chu Ip-pui, an executive director of Kerry Real Estate Agency, said yesterday an occupation permit for Bayview had been granted and a certificate of compliance was expected within a month. "Then we will be able to release the units for sale in a completed condition."

14 Jun 2013 - 3:49am

New Macau law to affect pre-sale supply

The law, which was approved by the Macau Legislative Assembly on May 21, aims to protect buyers by imposing conditions on the sale of unfinished flats and regulating sales procedures.

29 May 2013 - 3:21am

Sales of second-hand flats in Hong Kong decline

During the week ended May 26, a total of 178 second-hand flats were sold in the 50 largest private housing estates monitored by Ricacorp Properties, down from 180 sales the previous week.

29 May 2013 - 3:21am

Buyers swoop in on Sydney

Sdney might be joining New York, London and Hong Kong as world cities with the most expensive housing. That's the Aussie buzz following a white-hot, late-autumn auction period, where even "a dilapidated terrace with rotting carpets and holes in the ceiling" was auctioned for A$800,000 (HK$6.01 million).

29 May 2013 - 3:21am

Sales in Hong Kong secondary home market rise as primary releases evaporate

Data from Ricacorp Properties showed that for the week ended May 12, 176 second-hand flats were sold in the 50 largest private housing estates it monitors, up 24 per cent from 142 sales the previous week.

15 May 2013 - 3:06am 4 comments

Hong Kong home rents fall as owners cancel sale plans amid falling prices

In the Lohas Park development in Tseung Kwan O, rents dropped by up to 20 per cent last month, taking rates back to the same level as early last year, according to Alvin Ma, a senior district manager at Midland Realty's branch in Tseung Kwan O.

15 May 2013 - 3:06am 3 comments

Hong Kong property investors switch search to overseas markets

A growing number of Hong Kong property investors are shifting their investment focus offshore - prompting local brokers to widen their sales' lists in order to capture commissions on deals taking place overseas.

15 May 2013 - 3:06am 1 comment

China home sales show mixed results after cooling measures

Figures released by the National Bureau of Statistics show residential sales' values jumped 57 per cent year-on-year last month, but were down 13 per cent month-on-month.

15 May 2013 - 3:06am

Half of new homebuyers in London market are foreigners

Foreigners spent more than £3 billion (HK$35.7 billion) on new homes in Britain's capital last year, a 25 per cent increase from 2011, broker Jones Lang LaSalle said.

15 May 2013 - 3:06am 1 comment

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