Hong Kong's cooling property market is starting to ripple through the local economy, with major real estate agency Ricacorp planning to slash a tenth of its staff amid slowing home sales.Wednesday, 28 November, 2012, 5:21am 2 comments
Q: I live in Sha Tin but plan to move closer to my daughter's school in Kowloon City. I would like to buy a two-bedroom flat in districts such as Kowloon City or To Kwa Wan. My budget is less than HK$4 million but I don't want to buy a flat in an old housing estate. Could you give me some suggestions?28 Oct 2013 - 11:39am
Macau home prices to grow 15-18 per cent11 Jul 2012 - 12:00am
Rents rise 2.1 per cent in first four months of year23 May 2012 - 12:00am
New-home sales are expected to show little growth in the city this year, despite projections that the number coming onto the market will be the highest for three years.11 Apr 2012 - 12:00am
Housing estates in Island East and the New Territories outperformed all other districts in Hong Kong to record the strongest growth in capital values this year.21 Dec 2011 - 12:00am
Surge in new home sales predicted for next year14 Dec 2011 - 12:00am
Sales of homes in Hong Kong's secondary market rose for a second week as pent-up demand from genuine buyers triggered a big rebound in transactions, property agents say.26 Oct 2011 - 12:00am
The number of homes completed in the city in the first seven months has plunged 43 per cent from a year earlier, Ricacorp Properties says. But housing construction starts were up.
A rise in construction starts should mean more flats coming onto the market in two to three years' time.31 Aug 2011 - 12:00am
Industrial and commercial property sales in Hong Kong are expected to fall in the second half of this year as banks tighten lending but prices will continue to rise, agents say.
'Negative factors are starting to surface and it will inevitably affect the market temporarily,' Roy Wong Ying-nin of Ricacorp Properties said.14 Jul 2011 - 12:00am