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  • August 28, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Hainan cracks down on idle land parcels

    Posted Aug 25th 2014, 03:31am by Langi Chiang

    ... two cities, Haikou and Sanya, are from outside the island. Developers have been holding 92.8 million sqmetres of land in 1,150 parcels. Construction on these had not started within a year ... to Hainan. Mainland media have been reporting that Hong Kong developers, including those controlled by Li Ka-shing, have delayed construction of projects in various mainland cities for up to 10 years ...

    http://www.scmp.com/property/hong-kong-china/article/1580469/hainan-cracks-down-idle-land-parcels
  2. Property - Hong Kong & China - PROPERTY

    Chinese finance firms target Central offices

    Posted Aug 18th 2014, 03:56am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Leasing activity in HK's business core is on a healthy track as mainland companies take up grade A spaces before through train starts Chinese finance firms target Central offices The upcoming stock through train scheme has breathed life into the office leasing market of Central as mainland financial firms set to expand their presence in Hong ...

    http://www.scmp.com/property/hong-kong-china/article/1575679/chinese-finance-firms-target-central-offices
  3. Property - Hong Kong & China - PROPERTY

    China property policies undergoing renovation

    Posted Aug 18th 2014, 03:56am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Most Chinese cities have relaxed controls, but a new property tax looms Home-buying restrictions to ease Mainland cities that have scrapped home-purchase ... housing speculation. In the past four years, 46 major cities imposed restrictions to make it harder for non-local residents to buy homes or for locals to purchase multiple homes. In 2010, ...

    http://www.scmp.com/property/hong-kong-china/article/1575688/china-property-policies-undergoing-renovation
  4. Business - China Business - PROPERTY

    China Overseas Land’s contracted sales drop 45pc despite lifting of curbs

    Posted Aug 14th 2014, 09:37am by Langi Chiang

    ... Core profit for the first half of the year jumped 33.7 per cent from the same period last year to HK$10.79 billion, the firm said in its interim report on Wednesday. Most mainland cities have ... regulators and local authorities for more support to be given to buyers of first homes. Curbs remain in place in Beijing, Shanghai, Shenzhen, Guangzhou and a few other cities. In the first seven ...

    http://www.scmp.com/business/china-business/article/1573320/china-overseas-lands-contracted-sales-drop-45pc-despite
  5. Property - Hong Kong & China - PROPERTY

    Average home prices in Hong Kong hit another record

    Posted Aug 07th 2014, 02:55pm by Sandy Li, Yvonne Liu

    ... Properties began marketing the world's most expensive house per square foot in the city's exclusive Peak district. The Rating and Valuation Department's monthly price index of private ... and London to own a 1,291 sq ft city centre luxury flat, according to the latest data released by US online property research website Global Property Guide. New York ranked as the sixth most ...

    http://www.scmp.com/property/hong-kong-china/article/1568282/average-home-prices-hong-kong-hit-another-record
  6. Property - Hong Kong & China - PROPERTY

    Land sale attracts keen interest as developers bank on smaller flats

    Posted Aug 09th 2014, 04:11am by Yvonne Liu

    ... Vincent Cheung Kiu-cho, a national director of Greater China at consultant Cushman & Wakefield. The latest Centa-City Leading Index by Centaline Property yesterday surpassed the previous ... size of 630 sq ft. The Tsuen Wan site, next to City Walk 2, could see 790 units of 530 sq ft. "Many new mass residential projects recorded strong sales in recent months. The significant ...

    http://www.scmp.com/property/hong-kong-china/article/1569594/land-sale-attracts-keen-interest-developers-bank-smaller
  7. Property - Hong Kong & China - PROPERTY

    Government not serious about lower home prices, developer says

    Posted Aug 08th 2014, 11:21am by Langi Chiang

    ... reluctance to allow those for development sites, a crucial source of local authorities' revenue, to decline. Recent moves by dozens of cities to ease restrictions on purchases of additional ... to other cities this year. The new leadership pledged earlier this year to speed up efforts to draft and pass a law on property tax. That is taken by some experts as a sign that Xi is not happy ...

    http://www.scmp.com/property/hong-kong-china/article/1569027/government-not-serious-about-lower-home-prices-developer
  8. Property - Hong Kong & China - PROPERTY

    Cheung Kong sells Tai Po studio flats for HK$1.55m

    Posted Aug 05th 2014, 03:26am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Cheung Kong sells Tai Po studio flats for HK$1.55m Cheung Kong yesterday put a HK$1.55 million price tag on its 177 square foot studio flats at Mont Vert in Tai Po amid new data that shows home sales in the city continue to surge to new heights. With the myriad discounts available, such as for those making cash down payments, buyers can get ...

    http://www.scmp.com/property/hong-kong-china/article/1566573/cheung-kong-sells-tai-po-studio-flats-hk155m
  9. Property - Hong Kong & China - PROPERTY

    China Merchants Land rises on acquisition of Guangzhou developer

    Posted Aug 04th 2014, 12:33pm by Langi Chiang

    ... but average selling price rose 42 per cent owing largely to a high-end Nanjing project. The firm said it would continue to increase its presence in six mainland cities, including Xian in Shaanxi ...

    http://www.scmp.com/property/hong-kong-china/article/1566102/china-merchants-land-rises-acquisition-guangzhou-developer
  10. News - Hong Kong - PROPERTY

    Legco unlikely to pass lawmaker's stamp duty refund plan

    Posted Jul 11th 2014, 03:55am by JEFFIE LAM, Yvonne Liu

    ... in the city, as it would apply only to those that used the premises for their own operations, proponent Kenneth Leung said yesterday. "I am cautiously optimistic," Leung said, after his ... Alliance for Hong Kong. Leung is seeking to ease the impact of taxes that are at least double the original rates- a cooling measure imposed on buyers who own other properties or are not permanent ...

    http://www.scmp.com/news/hong-kong/article/1551408/legco-unlikely-pass-lawmakers-stamp-duty-refund-plan

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