Hong Kong developers launch more “tiny flats” this week – The Spacious.hk market analysis team was quoted in the SCMP article discussing the trend of smaller and smaller apartments being build in HK. Henderson Land announced 161 sq ft studios at its Seven Victory Avenue project in Ho Man Tin, even smaller than the 163 sq ft flats at One […]

Spacious’ View: The increase of first-hand home sale in August is boosting last month’s flat transactions in the city. August flat transactions rise 12.3% The number of sales and purchase agreements for all building units received for registration in August was 6,130, representing a month-on-month increase of 12.3% but a year-on-year decline of 17.5%, statistics released yesterday by the Land Registry […]

3rd Quarter’s Land Sale Reached $17.8b The government sold 10 sites in the third quarter, realized a total land premium of about HK$17.8 billion, which is 1.8 times over last year. Among these 10 transactions, 7 sites’ prices were at the upper end of the market’s expectations, making the total transaction prices highest for the past 14 quarters. The market expects an […]