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Ricacorp Properties Limited is one of the largest real estate agency companies in Hong Kong, providing residential, industrial, commercial, retail and car-parking spaces property agency services. Meanwhile, it also offers immigration consultation, surveying , auction and mortgage referral services for all types of properties.
Mortgage loans account for 25-30% of bank loans in Hong Kong. [1] Land ownership and land restrictions by the government risk inefficiencies with housing supply and demand. In 1998 there was a property price collapse; from 1997 to 2003 Hong Kong residential property prices fell by 61% [5] following the Asian economic crisis.
Below are the top 10 most expensive houses in Hong Kong. Prices (valuation) are based on best estimates in 2023. Factors determining prices include location, view, built quality, past transactions, media reports and annual figures published by Rating and Valuation Department of the Government. Rankings are based on per square foot.
Sun Hung Kai is the largest real estate company in Hong Kong by market capitalisation. According to 2012 estimates by Barclays Capital, Sun Hung Kai, Cheung Kong and Henderson Land Development together provide an estimated 54 percent of the 20,398 private housing units to be launched in Hong Kong as at 2012. [10]
Cultural differences are often reflected in attitudes toward real estate. Take Hong Kong, where space is tight and people live densely in high-rise apartments that make the typical Manhattan abode ...
Map of Mei Foo Sun Chuen. Mei Foo Sun Chuen or simply Mei Foo is a large private housing estate in Lai Chi Kok, Kowloon, Hong Kong.Mei Foo Sun Chuen was the first large scale private housing estate in Hong Kong and at the time of completion, the 99-tower complex was considered the largest private housing development in the world, [1] accommodating some 70,000 – 80,000 people in 13,500 ...
Private housing estate is a term used in Hong Kong for private mass housing—a housing estate built by a private developer, as opposed to a public housing estate built by the Hong Kong Housing Authority or the Hong Kong Housing Society. It is usually characterised by a cluster of high-rise buildings, with its own market or shopping mall.
It is the first real estate investment trust in Hong Kong and the largest in Asia by market capitalisation. Link REIT's portfolio consists of 126 properties with about 9 million sq ft of retail and office space in Hong Kong, as well as 7 properties with about 6 million sq ft of retail and office space outside Hong Kong. [2]
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