Luxury Real Estate Blog and News

High demand creates record prices in Hong Kong

July 28, 2011 - Hong Kong
Luxury residential prices in Hong Kong continue to climb, edging up 3.8 per cent QoQ to HK$19,520 (US$2,505) per sq ft, according to the latest research from Colliers International.

More Chinese cities see home prices fall in June

July 20, 2011 - China
More Chinese cities saw prices of new homes fall in June compared with the previous month, official data showed Monday, as Beijing vowed to step up efforts to cool its real estate market.

Hong Kong introduces new down payment rules

June 14, 2011 - Hong Kong
Hong Kong’s Monetary Authority has taken further steps to cool the booming property market for the fourth time since October 2009.

Hong Kong mulls more cooling measures

June 11, 2011 - Hong Kong
Hong Kong’s booming property market sees the city’s de facto central bank preparing plans to further tighten mortage lending in an attempt to stabilize prices that have soared since 2009 to record prices.

Peak price of $75m for French consul's home in Hong Kong

June 07, 2011 - The Peak
The French government has cashed in on Hong Kong's property boom by selling its Hong Kong consular residence for 74.5 million US dollars, a news report said Tuesday.

Hong Kong property transactions drop drastically in April

May 07, 2011 - Hong Kong
The surge of the last 24 months in the Hong Kong real estate market appears to be coming to an end. Higher lending rates and government action has created a 38 per cent drop in property purchases in April compared to the same month last year and a 27 per cent decrease from March.

Hong Kong property analysts urge more cooling measures

March 22, 2011 - Hong Kong
Property analysts in Hong Kong have urged the government their to implement more property market cooling measures, according to the South China Morning Post.

China’s property party to end soon?

February 08, 2011 - China
Things will come crashing down soon for China’s red hot property market, with the nation’s banking system unable to generate enough credit to sustain further gains in real estate prices.

Further Chinese measures to curb real estate market

February 01, 2011 - China
China has increased the minimum down payment for second home purchases and told local governments to set price targets on new properties, in the latest round of measures to stop the country’s real estate market overheating.

China bracing itself for new property cooling measures in 2011

January 21, 2011 - China
China will not relax curbs on property speculation in 2011 and will reinforce the implementation of measures to contain rising home prices, according to officials.