• Thu
  • Jul 31, 2014
  • Updated: 5:32am

Hong Kong home prices

First-time homebuyers responding well to discounts

The enthusiastic response to the sale of flats at Trinity Towers in Sham Shui Po at the weekend confirmed the existence of solid demand among first-time homebuyers, but the interest in homes requiring payment of a larger lump sum remained to be seen, agents said.

Wednesday, 2 April, 2014, 3:08am

Tai Po flat prices cut after bids for Pak Shek Kok site don't meet reserve price

Homeowners in Hong Kong wishing to sell their flats may be more willing to reduce their asking prices after the government withdrew a residential site in Tai Po from sale last week.

19 Mar 2014 - 3:36am

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.

5 Mar 2014 - 3:39am

Letters to the Editor, December 31, 2012

Flats initiative a short-term measure

I was delighted by the government's announcement on Monday, December 24, that it planned to boost land supply [in the coming quarter] for the construction of 3,000 new apartments.

31 Dec 2012 - 3:23am 3 comments

Only way is up if you take the long-term view

Two weeks after the government announced new stamp duties in a bid to hose down overheated home prices, the talk of the town is still where prices are headed.

13 Nov 2012 - 9:01am

What property can you buy for HK$4m?

Grumbling about the city's soaring flat prices may be one of the most common chit-chat topics at gatherings these days.

6 Nov 2012 - 2:09pm

Lai Sun rules out price cut despite new property tax

Lai Sun Development has no plans to cut the prices of its new project in Yau Tong despite the 15 per cent additional stamp duty imposed on non-permanent residents and corporate buyers.

31 Oct 2012 - 3:17am

Hong Kong financial secretary's property moves seen as a bad idea

I can understand the difficulty from Financial Secretary John Tsang Chun-wah's perspective. He is a holdover, on approval, from the previous administration and his new boss has adopted a pro-active approach: government will not be passive. Government will do things.

30 Oct 2012 - 9:14am 11 comments

Hong Kong developers decline after investors sell on tighter home-buying rules

Shares of Hong Kong property developers slumped yesterday on fears that tighter home buying rules will frighten cash-rich mainland buyers and cause a slide in property prices.

30 Oct 2012 - 10:02am

New stamp duty seen hitting sales volume and property prices

Property analysts were surprised by the announcement yesterday of a 15 per cent additional stamp duty on corporate and non-permanent-resident buyers of homes in Hong Kong. They said the levy would drive down sales volume and home prices.

27 Oct 2012 - 3:30am