Hong Kong’s homebuyers are likely to snap up 2,500 new flats in March, on track to deliver the best sales month in a year to developers, as a stock market rally and a cut in stamp duty spurred transactions. Kerry Properties on Thursday put 133 units at the Hava residential project in Yuen Long for…
Hong Kong authorities have learned of cases of subdivided-flat tenants allegedly being evicted due to landlords renovating the homes ahead of a government clampdown on subpar housing, a minister has said. Secretary for Housing Winnie Ho Wing-yin said it was the first time the Rating and Valuation Department had received such complaints, which were filed…
Hong Kong would have needed “at least a few more years” to wipe out its notorious subdivided flats if authorities had set standards requiring landlords to offer bigger homes for rent, the city’s housing chief has said. The government has proposed eight square metres (86 sq ft) as the minimum size, a target that has…
The Hong Kong government will sell one residential plot in its fiscal third quarter, taking another step towards easing the city’s housing supply ahead of an expected decline in mortgage rates. The plot earmarked for sale is in Tai Wai, in Sha Tin, New Territories, and an industrial site in Hung Shui Kiu is also…
The Hong Kong government will sell one residential plot in its fiscal third quarter, taking another step towards easing the city’s housing supply ahead of an expected decline in mortgage rates. The plot earmarked for sale is in Tai Wai, in Sha Tin, New Territories, and an industrial site in Hung Shui Kiu is also…