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  • September 17, 2014
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  1. Property - Hong Kong & China - HOUSING

    China's unsold housing stock soars 190pc over four years

    Posted Sep 16th 2014, 11:53am by Yvonne Liu

    ... years The mainland's inventory of unsold housing stock has soared 190 per cent over the past four years, in a further sign that the downturn in the property market is deepening. Unsold ... "Otherwise the property market will not recover." The government relaxation of home purchase restrictions had no impact on property sales, added Du Jinsong, an analyst at Credit Suisse. ...

    http://www.scmp.com/property/hong-kong-china/article/1593743/mainlands-unsold-housing-stock-soars-190pc-over-four-years
  2. Property - Hong Kong & China - HOUSING

    Supply of Hong Kong flats below HK$3m drops

    Posted Sep 16th 2014, 11:27am by Sandy Li

    ... feet to 180 sq ft which were sold for about HK$2 million since their launch early this month. Po said units offered at HK$3 million or below in the private residential market would likely ... in the secondary residential market, down from 35 per cent in November last year. Lik Ma, an agent at Centaline Property Agency's Kingswood Villas branch in Tin Shui Wai, said prices for two-bedroom ...

    http://www.scmp.com/property/hong-kong-china/article/1593176/supply-hong-kong-flats-below-hk3m-drops
  3. Property - Hong Kong & China - HOUSING

    New home prices climb in Hangzhou and Guangzhou

    Posted Sep 16th 2014, 11:12am by Langi Chiang

    ... veteran. The mainland's property market started to falter under a glut and tight credit in February when two developers in Hangzhou slashed prices to boost sales. In recent months, almost 40 ... relaxation. Analysts expect local governments to do more, including cash subsidies, to help revive a housing market that is crucial to economic growth. They also said mainland developers needed ...

    http://www.scmp.com/property/hong-kong-china/article/1593144/new-home-prices-climb-hangzhou-and-guangzhou
  4. News - Hong Kong - HOUSING

    Watchdog urged to investigate building maintenance bid-rigging

    Posted Aug 28th 2014, 04:56am by TIMMY SUNG

    ... cooperation to tackle the issue. "Relying on the Competition Commission alone can't solve the problem as the market is now highly controlled by bid-rigging syndicates," he said. ...

    http://www.scmp.com/news/hong-kong/article/1581282/watchdog-urged-investigate-building-maintenance-bid-rigging
  5. News - Hong Kong - HOUSING

    No rush for bargain flats on Lantau with sky-high management fees

    Posted Aug 28th 2014, 04:56am by FANNY FUNG

    ... am very glad… I have applied for HOS flats four or five times in the past and never got a chance, and I can't afford to buy a flat in the private market," said Tung, who travels ...

    http://www.scmp.com/news/hong-kong/article/1581244/no-rush-bargain-flats-lantau-sky-high-management-fees
  6. Property - Hong Kong & China - HOUSING

    Prices for new homes in China drop in record 64 cities

    Posted Aug 18th 2014, 10:30am by Langi Chiang

    ... A record number of mainland cities reported a drop in new home prices last month, official data showed yesterday, indicating that the property market downturn is deepening despite the relaxation ... cities. They remained flat in four other cities and were still on the rise in Xiamen, in Fujian province, and Dali, in Yunnan. "As market outlook was still not clear in July, quite a few home ...

    http://www.scmp.com/property/hong-kong-china/article/1575915/home-prices-drop-record-64-mainland-cities
  7. Property - Hong Kong & China - HOUSING

    Hong Kong to see surge in tiny flats as demand remains strong

    Posted Jul 29th 2014, 04:08pm by Sandy Li

    ... been set. Chow said that the market's attention has turned to smaller flats. He noted they were being sold for record prices in the secondary market and were commanding high rents per ... Tsui- sized between 256 sq ft and 321 sq ft. Midland said the number of secondary residential market transactions for homes worth HK$5 million or below fell to 3,479 last month after hitting ...

    http://www.scmp.com/property/hong-kong-china/article/1561853/trend-towards-tinier-flats-seen-prices-rents-rise
  8. Property - Hong Kong & China - HOUSING

    Tai Po apartment project sells 400 Mont Vert units in first day despite 'no viewing' rule

    Posted Jul 27th 2014, 05:26am by Langi Chiang

    ... for bigger homes, as Mont Vert is priced below the secondary market, making a three-bedroom home affordable," said Sammy Po Siu-ming, Midland Realty chief executive for the residential property ...

    http://www.scmp.com/property/hong-kong-china/article/1560101/tai-po-apartment-project-sells-400-492-mont-vert-units
  9. Property - Hong Kong & China - HOUSING

    Prices rise amid tight supply of flats as sales decrease

    Posted Jul 22nd 2014, 02:56pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Sales down, prices up in tight market for flats Tight housing supply led to a decrease in secondary home sales in Hong Kong last week, but prices continue ... Centaline Property Agency, which tracks second-hand home prices at 100 housing estates, rose 0.01 per cent week on week to 123.36, the highest in 68 weeks. That is just short of the market peak ...

    http://www.scmp.com/property/hong-kong-china/article/1557160/prices-rise-amid-tight-supply-flats-sales-decrease
  10. Property - Hong Kong & China - HOUSING

    Strong bidding for Xiamen land points to continued home price rises

    Posted Jul 18th 2014, 02:52am by Sandy Li

    ... values are unlikely to fall," said Zhou Xiaojian, deputy manager of research at Centaline's Xiamen office. The market [in Xiamen] was shocked by the deep pockets of these buyers APPLE ... Strait closer together. Besides home buyers from Taiwan, Xiamen's property market also attracts affluent residents of the cities of Quanzhou, Zhangzhou, Longyan and Putian, all within one ...

    http://www.scmp.com/property/hong-kong-china/article/1555915/strong-bidding-xiamen-land-points-continued-home-price

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