'Property Market to Pick up Next Year'

RTHKDec 19 17:08

Market Chatter: Road King Infrastructure, Wing Tai Sell Apartments at Lower Prices

MT NewswiresDec 16 18:02

The Hong Kong Building's Wing Lung Group is selling the entire commercial property 'Wing Lung Cube' in Wan Chai, valued at 2.2 billion Hong Kong dollars.

First Pacific Davis (Hong Kong) announced that it has been appointed as the exclusive agent for the public invitation to sell the property at 318 Hennessy Road, Wan Chai, known as the Wing Lung Cube (formerly W Square). The total construction area of the property is about 0.1286 million square feet, with a land area of approximately 7,651 square feet, including naming rights for sale, with a deadline for the public invitation on March 18, 2025. The property consists of 8 floors of retail space and 16 floors of office space, with each floor's construction area ranging from approximately 2,998 to 7,338 square feet, and a height of 3.35 to 4.72 meters. Both the retail and office floors are equipped with elevators. The chief senior director of the investment department is Wen Wuzhong.

AASTOCKSDec 10 15:01

Market Chatter: One-Sixth of Hongkongers Plan Home Purchases in Next Five Years, HSBC Survey Says

MT NewswiresDec 9 11:01

Express News | The Hong Kong Monetary Authority has launched a one-time special arrangement to assist buyers of high-priced pre-sale properties, with the mortgage ratio limit relaxed to 80 percent.

BreakingsDec 4 16:58

In November, the number of new mortgage registrations for Hong Kong primary real estate fell by 21.3% month-on-month, marking a record low after four consecutive months of decline.

In November 2024, the number of existing building mortgage transactions was 3,096, a decrease of 837 transactions (21.3%) compared to 3,933 in October, marking a decline for four consecutive months and reaching a new monthly low since records began in 2001.

Zhitong FinanceDec 2 13:52