Real Estate News
Hong Kong's low-density luxury housing market continues to be under pressure, with The Peak at Clearwater Bay, Sai Kung recently recording a shocking loss in its latest transaction. Liao Zhenxiong, the Sai Kung sales director of Century 21 Qifeng Property, revealed that the four-bedroom unit in Room A on the middle floor of Block 9 of the housing estate was sold for HK$23.48 million, a drop of nearly 30% from the purchase price seven years ago, making it one of the most eye-catching loss cases in the luxury housing market in recent times. ■ Transaction details▸ Property information: 1,837 square feet of usable space, four-bedroom suite + maid's room▸...
High interest rate environment impacts Hong Kong commercial real estate. Customers' repayment pressure intensifies. Mortgage accounts for a high proportion of risk controllable. Policies and interest rate cut expectations become key variables. Geopolitical and trade uncertainties loom over the full-year outlook. Prudent analyst view: interest rate cuts may become a turning point. High interest rate environment impacts Hong Kong commercial real estate...
Lucky Charms New Jade Villa |...
The project is expected to start construction at the end of 2025 and welcome the first batch of residents in 2030. It is expected to rewrite the southeastern map of Tseung Kwan O. The real anxiety of property owners. Infrastructure black hole: traffic deadlock to be solved. Environmental controversy: Is the bay on the verge of extinction? Policy Game: Housing Justice vs. Asset Protection Experts’ Advice: Future Battle: Real Estate Developers Have Quietly Deployed Their Positions The government has officially gazetted a large-scale reclamation plan for Tseung Kwan O Areas 137 and 132, with plans to build a "new city on the sea" with a total area of 40 hectares. in:-...
