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  • July 14, 2014
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  1. 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 ...

    http://www.scmp.com/news/hong-kong/article/1551408/legco-unlikely-pass-lawmakers-stamp-duty-refund-plan
  2. Property - Hong Kong & China - PROPERTY

    Mainland China property market cooling down fast

    Posted Jun 16th 2014, 03:12am by Langi Chiang

    ... (HK$7,490) per square metre and helping homebuyers dodge down payment restrictions so that they can apply for mortgage loans as part of its efforts to speed up sales. Many other small cities ...

    http://www.scmp.com/property/hong-kong-china/article/1533544/mainland-china-property-market-cooling-down-fast
  3. Property - Hong Kong & China - PROPERTY

    Developers’ cash flow hit by delays in home loan approvals

    Posted Jun 12th 2014, 10:56am by SANDY LI AND LANGI CHIANG

    ... In November, Hu Qiang bought a 90 square metre flat in the outskirts of Nanjing, Jiangsu province, for one million yuan (HK$1.26 million) and immediately applied for a mortgage. Hu knew that getting ... in the next few months. From Monday, a 0.5 percentage point reduction in the ratio will apply to two-thirds of municipal commercial banks, most rural banks, car financing companies and financial ...

    http://www.scmp.com/property/hong-kong-china/article/1530650/developers-cash-flow-hit-delays-home-loan-approvals
  4. News - Hong Kong - PROPERTY

    No plans to ditch property speculation cooling measures, says Carrie Lam

    Posted May 13th 2014, 03:51am by Gary Cheung, Peggy Sito and Ng Kang-chung

    ... more than HK$2 million would incur stamp duty at rates at least double those that previously applied unless they were permanent residents buying their first homes. The new rate ranges from 1.5 per cent to 8.5 per cent, depending on the cost of the property. The old rate was between HK$100 and 4.25 per cent. The new rate also applies to non-locals and companies already hit by the 15 ...

    http://www.scmp.com/news/hong-kong/article/1510974/government-may-offer-concession-double-stamp-duty-break-legal
  5. Property - Hong Kong & China - PROPERTY

    Property transactions decline despite Hong Kong stamp duty reform

    Posted May 19th 2014, 03:25am by Toh Han Shih

    ... that previously applied unless they were permanent residents buying their first homes. Last week, the government announced the double stamp duty would be relaxed in certain cases, to make it easier ...

    http://www.scmp.com/property/hong-kong-china/article/1515199/property-transactions-decline-despite-hong-kong-stamp-duty
  6. Property - Hong Kong & China - PROPERTY

    Mainland Chinese tourist boom sparking hotel conversions in Hong Kong's residential areas

    Posted Mar 17th 2014, 12:51am by Yvonne Liu

    ... Chan said. Hutchison Whampoa has applied to the Town Planning Board for permission to convert the three-floor retail podium of the Hunghom Bay Centre's three residential blocks ... tourists keen to stay at a hotel close to the Hung Hom train station and Tsim Sha Tsui. Meanwhile, Barry Law Lam-wai, the former owner of real estate agency Ricacorp Properties, applied to convert ...

    http://www.scmp.com/property/hong-kong-china/article/1450166/mainland-chinese-tourist-boom-fuels-hotel-rush-hong-kong
  7. News - Hong Kong - PROPERTY

    Retiree left homeless after being locked out of his Sai Kung house by strangers

    Posted Mar 08th 2014, 02:49am by Ernest Kao

    ... was not transferable. Upon the death of a licensee, only immediate family members can apply for a licence transfer. Herein lies the problem for Ng. Not being related to the licensee, his claim to rightful ...

    http://www.scmp.com/news/hong-kong/article/1443055/retiree-left-homeless-after-being-locked-out-his-sai-kung-house
  8. News - Hong Kong - PROPERTY

    Outdated licensing law 'behind New Territories land disputes'

    Posted Mar 08th 2014, 02:49am by Ernest Kao

    ... will lapse and cancellation will proceed in accordance with the applicable procedures". But "immediate family members can apply for transfer of a GLL" and the relevant District Lands ...

    http://www.scmp.com/news/hong-kong/article/1443058/outdated-licensing-law-behind-new-territories-land-disputes
  9. News - Hong Kong - PROPERTY

    Changes to stamp duty adjustment system to incorporate different approaches

    Posted Feb 15th 2014, 03:46am by Tanna Chong

    ... made a joint proposal calling for the Legislative Council to be given sufficient time to discuss any government plan to increase the stamp duty, which applies to non-permanent residents ...

    http://www.scmp.com/news/hong-kong/article/1428020/changes-stamp-duty-adjustment-system-incorporate-different-approaches
  10. News - Hong Kong - PROPERTY

    New site for public flats in Tai Po overlaps SHKP project

    Posted Feb 11th 2014, 04:33am by FANNY FUNG

    ... or community purposes. In December, SHKP applied to the Town Planning Board to rezone the land for residential development. It sought to construct six blocks that would house 1,144 flats ...

    http://www.scmp.com/news/hong-kong/article/1425417/new-site-public-flats-tai-po-overlaps-shkp-project

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