• Tue
  • Oct 21, 2014
  • Updated: 2:01pm

Secondary Market

Hong Kong second-hand home prices stable as sales volume picks up

Prices of second-hand homes in Hong Kong have been stable, with the number of sales picking up at a gradual pace.

Wednesday, 12 June, 2013, 4:07am

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

Capital gains tax on second-home transactions hits property prices

On average, prices rose 0.61 per cent, against 0.65 per cent in March. But on a year-on-year basis, average new-home prices rose 4.9 per cent in April, according to a Reuters calculation based on bureau data - higher than the year-on-year increase of 3.6 per cent recorded in March.

19 May 2013 - 6:13am

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

Sales of second-hand Hong Kong flats stagnant as buyers wait on price cuts

Just eight flats sold at the 10 largest estates tracked by Centaline Property Agency over the weekend, versus 10 the previous weekend. Midland Realty's index of 35 estates fell 5 per cent week on week to 52 sales, which was little more than a third of the 2012 weekly average of 143.

8 May 2013 - 2:34am 5 comments

Hong Kong home sales slow as buyers wait to see effect of new rules

Hong Kong's secondary home market remained quiet last week and sales are likely to slow further until the implementation of a new law on sales practices that will take effect on Monday.

24 Apr 2013 - 5:20am

Hong Kong second-hand home sales rebound to 7-week high after new curbs

On February 22 the government announced new measures, including a doubling of stamp duty for homes and non-residential properties valued at more than HK$2 million, and requiring buyers of non-residential properties to pay stamp duty earlier.

17 Apr 2013 - 5:31am

Shanghai plans secondary market exit for investors

Shanghai plans to establish a secondary market to enhance liquidity for private equity funds, creating a new exit for embattled early investors amid a drought in initial public offerings.

13 Apr 2013 - 4:58am

Home sales plunge into deep freeze

A week after most mainland cities announced details of the latest round of State Council-ordered cooling measures, home sales in the secondary market across the country plunged as much as 90 per cent.

11 Apr 2013 - 5:07am

Four more cities issue property cooling measures

Shenzhen, Tianjin, Jinan and Hefei have become the latest batch of cities to meet a central government deadline on issuing detailed measures to cool the property market. Tianjin said a 20 per cent capital gains tax would be imposed on second-hand property transactions in the city. However, Shenzhen, Hefei and Jinan did not mention a capital gains tax specifically.

 

2 Apr 2013 - 4:46am

Big cities announce capital gains tax on second-hand properties

Beijing, Chongqing and Shanghai will levy a 20 per cent capital-gains tax on second-hand property transactions.

31 Mar 2013 - 8:01am

Shanghai secondary sales set for record high in rush to beat levies

Sales of secondary homes in Shanghai may hit a record high this month as sellers rush to avoid having to pay the 20 per cent capital gains tax flagged by the government earlier this month.

27 Mar 2013 - 5:44am

Second-hand home transactions hit historic lows

Home sales in the secondary market have plunged to historical lows, hit by increased mortgage rates and developers' competitive pricing strategies on new developments that have lured home seekers away from the second-hand housing sector.

20 Mar 2013 - 8:42am

Property Digest, February 20, 2013

Hong Kong's industrial properties saw an encouraging performance in both leasing and sales in the fourth quarter of last year, according to Colliers International's Hong Kong industrial research and forecast report. 

20 Feb 2013 - 4:40am

Flat sales down because of holiday

Just 88 flats were sold from February 11 to 17 on the 50 major housing estates in Hong Kong monitored by agency Ricacorp Properties, down 19 per cent from 108 the previous week.

20 Feb 2013 - 4:40am

Pages