Luxury Real Estate Blog and News

Could the new high-speed train solve the Hong Kong housing crisis?

October 12, 2018 - Hong Kong
The opening of the high-speed railway between Hong Kong and Guangzhou may assuage the housing crisis in the Chinese SAR.

Hong Kong home prices fall for first time in 29 months

October 05, 2018 - Hong Kong
Hong Kong private home prices fell for the first time in 29 months in August and are expected to soften further.

The world's biggest real-estate bubbles, from Hong Kong to London

October 05, 2018 - Hong Kong
Housing prices in Hong Kong are the most overvalued and at the greatest risk of collapse, according to a report focused on 20 major cities.

A mansion in Hong Kong for US$446 million, anyone?

October 04, 2018 - The Peak
A $446 million luxury mansion for sale in Hong Kong's Peak neighborhood would break the record for most expensive home sold in Hong Kong.

Hong Kong needs to build 2,200-hectare artificial island

August 23, 2018 - Lantau Island
Local think tank Our Hong Kong Foundation (OHKF) proposes a 2,200-hectare artificial island east of Lantau Island to solve the severe land shortage problem in the city.

Developers are hoarding flats, aggravating Hong Kong’s home shortage

June 20, 2018 - Hong Kong
A group of developers in Hong Kong are disputing suspicion that they are hoarding flats, an act anathema to the government’s efforts to address the housing affordability crisis.

Tax to be imposed on idle flats in Hong Kong

June 12, 2018 - Hong Kong
Sources say the Hong Kong government has decided to impose a vacancy tax on property developers that hold on to completed units, RTHK reports.

Hong Kong parking space sells for US$760,000

June 06, 2018 - Homantin
A parking bay in Hong Kong's Ho Man Tin area sold Tuesday for HK$6 million (US$760,000), setting a new record in the Chinese SAR, the South China Morning Post reported.

Hong Kong private home prices rise 25 consecutive months

June 05, 2018 - Hong Kong
Hong Kong's private home prices rose for 25 consecutive months.

Hong Kong’s record property prices push more millennial into mortgage debt

May 30, 2018 - Tseung Kwan O
Hong Kong’s millennials, fearing that they will soon be unable to afford property in one of the world’s most expensive cities, have joined the real estate rush.