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All Article Hong Kong Property Hong Kong Living Blog Overseas Property Home Improvement Expert Insights

A Complete Guide to Mortgage Stress Test

February 29, 2024

A Simplified Guide to Hong Kong's Stamp Duty 2024

February 29, 2024

A Beginner's Guide to Refinancing

February 28, 2024

An Overview of Loan-to-value Ratio for Mortgages in Hong Kong

February 28, 2024

A Complete Guide to Stamp Duty Rates on Renting in Hong Kong

June 12, 2023

All articles related to "Hong Kong Property"

The Basics of Occupation Permit

The developer must obtain two documents before notifying owners to move in. They are the Occupancy Permit (OP) and the Certificate of Compliance (CC). Does the estimated material date listed in the new building’s sales brochure refer to the date of occupancy? In fact, the actual move-in date is often later than the estimated material date. Jump to: OP v.s. … Continue reading "The Basics of Occupation Permit"

April 20, 2023

A Complete Guide to Plot Ratio

Plot ratio is a specialized term used in urban planning, and you may have heard it occasionally in the real estate industry. It is an important indicator of urban development, but do you know about the definition? Plot ratio is linked to many land planning issues, so it is a topic worth exploring. In this article, Spacious digs deeper into … Continue reading "The Basics of Occupation Permit"

April 19, 2023

Deed Of Mutual Covenant - Everything You Need to Know

If you think that you can do whatever you want inside your property, think again. The rights, responsibilities, and obligations of the owners are all governed by the building’s Deed of Mutual Covenant (DMC). The DMC can be over one hundred pages long, and you may have already spent a lot of time studying the sales brochure before purchasing the … Continue reading "The Basics of Occupation Permit"

April 18, 2023

How to Buy off-the-plan via Lot Drawing Scheme

Have you heard about lot drawing when buying off-the-plan properties in Hong Kong? Most standard units from new projects are sold through this scheme, while more luxurious units are usually sold by tender, due to limited supply and a smaller audience. Other ways of selling new units include internal subscription and off-market tendering. Oversubscription of new units are commonly seen … Continue reading "The Basics of Occupation Permit"

April 18, 2023

Property Developers' Series - Wheelock Properties

Since 2010, Wheelock Properties has been actively acquiring land in Kowloon East and its surrounding areas. In the Tseung Kwan O district alone, the developer has already acquired over ten plots of land, launching new residential projects including The Parkside (2015), Savannah (2017), Capri (2017), Monterey (2018), Malibu (2020), Montara (2021), Grand Montara (2021), Marini (2021), Ocean Marini (2022), and … Continue reading "The Basics of Occupation Permit"

April 14, 2023

Property with Encumbrance - Causes and Impacts

If you want to buy property at a price lower than market value, a property with encumbrance is a possible alternative to haunted houses or government-subsidized housing. What does an encumbered property mean? Why are the owners willing to sell at a lower price? What risks are hidden? In this article, Spacious will discuss six common causes of encumbrances and … Continue reading "The Basics of Occupation Permit"

April 13, 2023

A Beginner's Guide to Foreclosed Property

If you have limited funds for buying a property and want to purchase below market value, you may consider buying a foreclosed property. What is the difference between a foreclosed property and a regular one on the market? How can buyers find and inspect the foreclosed property, and ultimately make a purchase? Let Spacious explain it in detail. Jump to: … Continue reading "The Basics of Occupation Permit"

March 31, 2023

Property Developers' Series - Nan Fung Group

Rooted in Hong Kong for 65 years, Nan Fung Group has witnessed the golden age of the local manufacturing industry and has been a pioneer and innovator in the contemporary textile industry. As times have changed, the local manufacturing industry has declined, but Nan Fung has not rested on its laurels. Instead, it has kept pace with the times and … Continue reading "The Basics of Occupation Permit"

March 29, 2023

Mortgage Link Loan Scheme - Everything you need to know

When applying for a mortgage in Hong Kong, banks usually offer a savings plan called the “Mortgage Link Account” or “High-Interest Savings Account” to attract more mortgage customers. This plan comes with no annual or transaction fees. If you are a homeowner or have been in the property market for some time, join Spacious as we look at how to … Continue reading "The Basics of Occupation Permit"

March 23, 2023

How to calculate property tax and fill in tax return?

Some property owners have to pay property tax. It is not the same as the stamp duty incurred on property purchase. In this article, Spacious will walk you through who will need to pay property tax, how it is calculated and some useful tips for possible tax reductions. Jump to: Property Tax Applicability | Property Tax Calculation | Calculation Example … Continue reading "The Basics of Occupation Permit"

March 22, 2023

Property Developers' Series - Swire Properties

While Hong Kong’s well-known developers are mostly Chinese-funded, Swire Group’s subsidiary, Swire Properties, are among the few British developers that have stood the test of time. Swire Properties’ residential projects are not numerous, but they are known for quality in terms of locations, layouts, building materials, facilities, and management. Each time the developer launches a project, it attracts a lot … Continue reading "The Basics of Occupation Permit"

March 21, 2023

Property Valuation - 6 Ways to Avoid Under Estimation

The loan amount approved by a bank is based on the bank’s valuation of the property, not the purchase price of the property by the owner. If the bank evaluates the property value to be lower than the purchase price, the valuation will be underestimated and the loan amount will be lower than expected. The owner may have to raise … Continue reading "The Basics of Occupation Permit"

January 16, 2023

Tenants: Frequently Asked Questions

Find or sell properties on Spacious In addition to the steps outlined above, you can do a few other things to protect your rights as tenants. Get everything in writing It is important to have a written tenancy agreement that clearly outlines the tenancy terms. This can help prevent misunderstandings and provide evidence in case of a dispute. Keep copies … Continue reading "The Basics of Occupation Permit"

January 16, 2023

Property Buyers: Frequently Asked Questions

Find or sell properties on Spacious

January 16, 2023

Property Sellers: Frequently Asked Questions

Find or sell properties on Spacious

January 16, 2023

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