Hong Kong’s primary residential home sales in 2026 are forecast to again reach decade-high numbers, as developers continue to clear inventory and homebuyers focus more on small, low-cost flats. Transactions next year were projected to reach about 21,000, while total home sales were expected to climb to around 71,000, up 8 per cent from this…
Hong Kong housing authorities will sell more than 9,700 new subsidised flats sized at least 280 sq ft under two separate schemes next year at prices as low as HK$1.5 million (US$193,000), the Post has learned. Insiders said on Wednesday that the Housing Authority, the city’s main public housing provider, would offer 9,783 new subsidised…
Hong Kong’s property market is expected to extend its gradual recovery into the end of the year, supported by improving sentiment, rising rental yields and firmer demand in the mass-market segment, according to property analysts. The latest mortgage and resale data suggest that buyers are returning following rate cuts and stamp-duty adjustments earlier this year,…
Hong Kong is ramping up efforts to develop driverless vehicle services by launching a trial at Cyberport and expanding an initiative at the West Kowloon arts hub following road tests in other areas. The Transport Department said on Thursday that mainland Chinese tech giant Baidu was also interested in applying to test autonomous vehicles in…
The average waiting time for a Hong Kong public rental flat increased slightly to 5.4 years in the second quarter of 2025 from 5.3 years in the first three months of the year despite a significant drop in the number of applications, according to the Housing Authority. The authority, the city’s largest public housing provider,…
Hong Kong’s rail giant the MTR Corporation has suspended foundation works for the overhead cable at its Oyster Bay station project on Lantau Island due to signs of “upheaving”. The government said on Thursday that movement was recorded at the site two days earlier, prompting staff from the Buildings Department and the Electrical and Mechanical…