Wong Leung-Sing

Number of new flats coming up short

The number of flats being completed in Hong Kong this year is expected to fall short of government forecasts as market volatility continues to hurt sentiment.

Wednesday, 30 May, 2012, 12:00am


New peak for Peak

29 Feb 2012 - 12:00am

Subsidised homes near 1997 prices

Hong Kong's property boom is now affecting government-subsidised homes, with the price of a flat at one subsidised-housing estate almost reaching the 1997 peak.

The 521 square foot flat in Kornhill Gardens, Quarry Bay, was sold for HK$4.18 million, or HK$8,023 per square foot, according to Centaline Property Agency.

1 Jun 2011 - 12:00am

Number of unsold flats hits record low

The number of unsold private flats in Hong Kong has hit a record low, with the government's latest quarterly housing figures casting doubts an annual target can be met.

22 Apr 2011 - 12:00am

Construction of flats rises to three-year high

Government measures to increase land supply to cool the property sector are starting to bite, with new housing hitting a three-year high.

Transport and Housing Bureau statistics show that construction of flats rebounded to 5,100 units in the third quarter, up from 4,100 flats in the June quarter and just 2,500 flats in the March quarter.

23 Oct 2010 - 12:00am

Property market expected to stay hot

A substantial rise in new housing supply in the first half of this year will do nothing to cool the red-hot property market, analysts say.

Transport and Housing Bureau statistics show that about 7,000 flats were completed in the first six months of the year, equivalent to 97 per cent of the flats completed for the whole of 2009.

24 Jul 2010 - 12:00am

Real estate becomes a hot property again

Property is back as a source of excited chatter around the city's yum cha tables, with one major real estate agency saying new home sales this year have already exceeded last year's total.

Low interest rates and wealthy mainlanders buying top-end property are pushing growth in the reinvigorated market, with some analysts even tipping a record year.

25 Aug 2009 - 12:00am

New HOS flats 'cheap'

A 900-square-foot flat with a sea view is going for HK$2.7 million in the latest batch of surplus Home Ownership Scheme flats to go up for sale.

It is the most expensive of about 3,000 subsidised flats in three separate developments, some costing as little as HK$400,000, that will go on sale next month.

26 Jan 2008 - 12:00am

The real cost of living the high life

Larger spaces, magnificent views, a rooftop garden and even a private pool can make living on the top floor of a residential apartment wonderful, but it all comes with a price.

13 Jul 2007 - 12:00am

Flat buyers looking for a bargain turn to Amoy Gardens

It is perhaps the most infamous real estate in Hong Kong, but property buyers with an eye for a bargain are making their presence felt at Amoy Gardens.

Last month there were eight sales of flats in the Kowloon Bay estate where 321 residents were infected with Sars, 41 of whom died. There were just two sales in April at the height of the Sars outbreak.

3 Jun 2003 - 12:00am