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Weekend Property
The latest news, analysis and opinion on Weekend Property. In-depth analysis, industry insights and expert opinion.
Potential buyers at the sales office of the Hava residential project by Kerry Properties. Photo: Edmond So
Hong Kong property

Hong Kong’s weekend property sales soar to 4-month high after stamp duty cuts

Henderson’s Eight Southpark, Wang On’s Coasto, and Kerry’s Hava see strong sales following the recent reduction in stamp duties.

Hong Kong property

Hong Kong developers’ flat sales fizzle out as buyers retreat

Hong Kong property

Hong Kong posts second sell-out weekend with Kerry’s Hava flats

Hong Kong property

NWD sells out State Pavilia flats on offer amid ‘attractive’ pricing

As of 6.22pm, New World Development sold out all of the 168 units on offer this weekend at its latest residential project in North Point.

Potential buyers form a long queue at the Quarry Bay sales office for New World Development’s State Pavilia project in North Point. Photo: Edmond So
Hong Kong property

Homebuyers snap up flats at Wang On’s 101 King’s Road project amid market revival

Located at 101 King’s Road, near Fortress Hill MTR station, the project offers one-to-three-bedroom flats from 244 sq ft to 434 sq ft.

Hong Kong property

Hong Kong homebuyers give the cold shoulder to New World-led Pavilia Forest II

Pavilia Forest II recorded only one sale as of 5pm on Saturday, while Double Coast I found buyers for 20 units out of 58 flats on offer.

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Hong Kong property

Buyers swarm Hong Kong’s biggest home sales weekend in 6 months

Buyers snapped up more than 300 of 504 new flats across Blue Coast II in Wong Chuk Hang and Cullinan Sky in Kai Tak on Saturday.

Homebuyers queued for the Blue Coast ll apartments at Fortune Metropolis in Hung Hom on 19 October 2024. Photo: Jonathan Wong
Hong Kong property

Sun Hung Kai’s Cullinan Sky sees another weekend of brisk sales

Quantitative easing and a slew of economic stimulus measures from Beijing have increased buyer confidence, agents say.

Hong Kong property

Hong Kong developer Lai Sun’s property project lapped up by buyers

Buyers flock to Lai Sun’s The Parkland in Yuen Long, snapping up nearly all units amid rate cuts and stock market gains, boosting market confidence.

Hong Kong property

Buyers keen on Wang On project in Quarry Bay, with pricing lower than 2021

Homebuyers snapped up the flats offered by Wang On Properties at a residential project in Hong Kong’s Eastern district on Saturday, after the developer cut prices.

People queue up to view the show flat for the Finnie project on Friday. Photo: Xiaomei Chen
Hong Kong property

Uppland flats reverse Hong Kong sales flops with prices at 8-year low

Early Light priced its new project in the New Territories at an eight-year low, reflecting how Hong Kong’s developers are deploying low-price strategies to entice buyers amid a slump in transactions.

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Property buyers for Tuen Mun’s The Uppland apartments flock to the sales office of Early Light International at the Regal Kowloon Hotel in Tsim Sha Tsui on July 20, 2024. Photo: Edmond So
Hong Kong property

Hong Kong homebuyers ignore 12% discount at Kai Tak’s Miami Quay flats

The woeful result shows how Hong Kong’s developers have to make deep cuts to their catalogue prices to clear their inventory of unsold homes, as investors and owner-dwellers alike have retreated.

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Hong Kong property

Big discounts drive new home sales at SHKP project as buyer sentiment improves

SHKP’s Novo Land phase 3B sold 135 of 160 units on offer on Saturday, but 30 units at Continental’s Amber Place in Cheung Sha Wan went unsold.

Hong Kong property

Buyers shun new flats in Tseung Kwan O, as Hong Kong home sales slow

Home purchases in Hong Kong are slowing down after an initial spate of enthusiasm sparked by the government’s rollback of cooling measures in February.

Park Seasons is part of Lohas Park in Tseung Kwan O. Photo: Dickson Lee
Hong Kong property

Wheelock’s Park Seasons flats find buyers as discounts ease rate fears

Some analysts have expressed concern that buyers may hesitate to purchase homes should the rate cut not materialise this year.

Buyers of Wheelock Properties’ Park Seasons flats at the Lohas Park in Tseung Kwan O on April 20, 2024. Photo: Handout
Hong Kong property

CK Asset launches second batch of Blue Coast project to warm reception

A total of 130, or 70 per cent, of the 184 units on offer were sold on Saturday, according to sales agents.

Hong Kong property

Hong Kong buyers pile into CK Asset’s Blue Coast flats on discounts

The launch of Blue Coast marks the biggest residential offering since the city government removed property curbs and relaxed its mortgage policies in February.

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Hong Kong property

CK Asset releases third price list for Blue Coast, sets stage for weekend sales

The third price list covers 174 units and is 1.73 per cent higher than the first price list. CK Asset released the first price list for 138 units last Friday and a second one for 110 units last Saturday.

The prices for the 174 units have risen in response to the market’s enthusiastic response, says Justin Chiu Kwok-hung, CK Asset’s executive director. Photo: Jonathan Wong
Hong Kong property

Hong Kong homebuyers flock to Wheelock’s Seasons Place in Tseung Kwan O

Wheelock Properties sold 120 units of the first batch of 368 units on offer at Seasons Place on Saturday.

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Hong Kong property

Buyers snap up new flats in Kowloon Bay project as curb-free market rebounds

Some 238 of the 336 units available in the first batch at Uptown East in Kowloon Bay, worth about US$179 million, found buyers as of 6pm on Sunday, in a sign that the removal of all market-cooling measures has revived demand in Hong Kong.

Hong Kong property

Explainer | With Hong Kong’s property curbs over, keep an eye out for these 5 projects

The removal of property curbs in the Hong Kong government’s budget announcement last week has generated a very encouraging response in the housing market.

A real estate agency in Hong Kong. Photo: Bloomberg
Hong Kong property

Buyers opt for cheaper homes in Hong Kong’s first 2024 weekend sales

Buyers snapped up nearly 60 per cent of 165 units on offer at the Phoenext project in Wong Tai Sin, while shunning more expensive flats at KT Marina.

The site of Phoenext in Wong Tai Sin. Photo: Google
Hong Kong property

Smaller Hong Kong builders use discounts to offload flats before Lunar New Year

The developers of smaller residential projects in Hong Kong are hastening sales by offering discounts before the Lunar New Year holiday, with the aim of increasing their market share before larger projects are launched later in the year.

Banking & finance

SHKP tops Hong Kong’s home sales in 2023 as deals hit a 33-year low

Sun Hung Kai Properties (SHKP) topped the city’s home sales table in 2023, accounting for over a quarter of the deal volume for residential flats in one of the world’s most expensive property markets.

Hong Kong property

SHKP sells 86 per cent of new flats on offer amid homebuyer optimism

Yoho West’s sales have met property agents’ estimate of more than 80 percent of units, signifying strong purchasing power in the city.

An exterior view of Yoho West in Tin Shui Wai. Photo: Google
Hong Kong property

Sun Hung Kai’s biggest weekend sale since 2022 pays off on back of strong demand

About 90 per cent of flats on offer this weekend at Yoho West, a joint project between SHKP and MTR Corp, are expected to be sold, according to agency estimates.

People in a queue check out the price list for flats on offer at Sun Hung Kai Properties’ Yoho West project at the company’s sales office inside the V Walk shopping centre in Sham Shui Po on December 2, 2023. Photo: Xiaomei Chen
Hong Kong property

SHKP prices Yoho West at 6-year low, readies for biggest launch since July 2022

Sun Hung Kai Properties, Hong Kong’s largest property developer by market capitalisation, will on Saturday launch its biggest weekend sales since July 2022 for a new project in Tin Shui Wai.

Hong Kong property

Hong Kong sees sluggish weekend property sales in Kai Tak and Aberdeen

Residential projects KT Marina in Kai Tak and SouthSky in Aberdeen saw buyers snap up only 92 units of a combined 303 flats on sale on Saturday.

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