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MLS: The demand for first-hand properties in Hong Kong remains strong, with expectations for the volume of first-hand transactions to double from June to July.
The new property market is expected to remain lively in the second half of the year, with first-hand transaction volume expected to double in July compared to June.
Market Chatter: New World Development, Far East Consortium International's Apartment Project Gets 5,000 Orders
New World Development (HKG:0017) and Far East Consortium International's (HKG:0035) phase 3 of its Pavilia Forest in Kai Tak, Hong Kong, received 5,000 orders for its first batch of 72 apartments,
Market Chatter: Hong Kong Real Estate Developers Continue Sweetening Price Offerings to Drive Sales
Real estate developers in Hong Kong choose to continue sweetening their pricing to clear their excess inventory as interest rate reductions and a robust economic recovery continue to dampen demand, the South China Morning Post reported, citing analysts.
Market Chatter: New World Development-Far East Consortium Project Apartments 27 Times Oversubscribed
New World Development (HKG:0017) and Far East Consortium International's (HKG:0035) joint apartment development, The Uppland, received 4,000 orders for its first set of 139 apartments, making the
Market Chatter: Apartments at New World Development-Far East Consortium Joint Development Cost Higher
The prices of apartments sold by New World Development (HKG:0017) and Far East Consortium International (HKG:0035) at the former runway of Hong Kong's Kai Tak airport rose 5% from its previous list,
[HK Stock Connect] New World Dev (00017) and FE Consort Intl (00035) jointly launch the sale of Phase 1 of Park Yoho Genova Development project.
Jointly developed by New World Development (00017) and F.E. CONSORT INTL. (00035), Kowloon East Harbourshore Oasis I (Phase 1 of Harbourshore Development Project) offers only three unique rooftop units known as "SKYFOREST". The units will be sold by tender. The "SKYFOREST" rooftop units include Unit A on the 29th floor of Tower 5, with a layout of three bedrooms and an area of 512 square feet plus a 369 square feet rooftop; Unit C on the 29th floor of Tower 5, with a layout of three bedrooms and one suite and an area of 560 square feet plus a 394 square feet rooftop; Unit G on the 29th floor of Tower 5, with a layout of two bedrooms plus a study room.
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