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  • August 22, 2014
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  1. News - China - PROPERTY

    Developer Socam rejects Beijing Jingda's writ accusing it of document theft

    Posted Aug 14th 2014, 03:04am by Sandy Li

    ... Sandy Li sandy.li@scmp.com HK-listed firm counters claims by developer of upmarket home project Socam denies Beijing villa document theft Hong Kong-listed Socam Development yesterday ... Beijing villa project. Socam's statement yesterday came after Beijing Jingda filed a High Court writ on Thursday accusing Socam of stealing Jingda's account books and other documents ...

    http://www.scmp.com/news/china/article/1573078/developer-socam-rejects-beijing-jingdas-writ-accusing-it-document-theft
  2. News - China - PROPERTY

    End of the high life: Eccentric Beijing doctor's illegal penthouse villa is demolished

    Posted Aug 06th 2014, 06:04pm by Kathy Gao

    ... Kathy Gao kathy.gao@scmp.com Infamous rooftop structure that was the bane of residents' and officials now just a pile of debris A powerful Beijing doctor’s illegal villa atop ... Biqing, who made his fortune in traditional Chinese medicine, on Tuesday invited a group of reporters from Beijing to survey what remained of his sprawling villa in northwest Beijing. Zhang showed ...

    http://www.scmp.com/news/china/article/1567702/end-high-life-eccentric-beijing-doctors-illegal-penthouse-villa
  3. Property - Hong Kong & China - PROPERTY

    China property policies undergoing renovation

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

    ... relaxed or lifted such measures. While some debate when and how the remaining few, especially the first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen, will relax such controls, others ... Academy of Social Sciences, a top government think tank in Beijing. "The alternatives should be fiscal and tax measures. "Although detailed policymaking at the central level ...

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

    Chinese finance firms target Central offices

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

    ... They include banks, securities firms, asset managers and listed companies. For example, Beijing-based UCF Corporate Financial Group leased a whole floor in Two Pacific Place in Admiralty to accommodate ...

    http://www.scmp.com/property/hong-kong-china/article/1575679/chinese-finance-firms-target-central-offices
  5. 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

    ... 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
  6. News - China - PROPERTY

    New Beijing rules may allow homeowners to rent out their subdivided living rooms

    Posted Jun 13th 2014, 04:51pm by Zhuang Pinghui

    ... Zhuang Pinghui zhuang.pinghui@scmp.com Beijing homeowners may soon be allowed to partition living rooms and lease the space for tenants, the municipality has announced. It marks a shift in gears following the government’s crackdown on small subdivided flats, which the Beijing government deemed a safety hazard – although it is a rampant practice due to expensive home prices. Last ...

    http://www.scmp.com/news/china/article/1531653/new-beijing-rules-may-allow-homeowners-rent-out-their-subdivided-living
  7. Property - Hong Kong & China - PROPERTY

    Government not serious about lower home prices, developer says

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

    ... Langi Chiang in Boao, Hainan langi.chiang@scmp.com Industry players believe Beijing wants land prices to stay high to ensure stable revenue for local authorities despite vows to cool ... homes are seen as another contradiction between Beijing's avowed concern over rising prices and the imperatives of local government fundraising. "In all the tightening campaigns ...

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

    Shanty town revamp not enough to prop up slowing China economy

    Posted Jul 28th 2014, 06:29am by Langi Chiang

    ... "Shanty town redevelopment may involve 600 billion yuan (HK$754 billion) of investment this year," said Liu Yuhong, a researcher at the State Information Centre in Beijing. "Considering ...

    http://www.scmp.com/property/hong-kong-china/article/1560728/shanty-town-revamp-not-enough-prop-slowing-china-economy
  9. Property - Hong Kong & China - PROPERTY

    Hong Kong-listed Lai Fung pays record price for Shanghai parcel

    Posted Jul 10th 2014, 04:56am by Langi Chiang

    ... was set in 2010, when mainland developer Overseas Chinese Town bought a parcel at a cost of about 52,000 yuan per square metre. Mainland developer Sunac China bought a property in Beijing ...

    http://www.scmp.com/property/hong-kong-china/article/1550674/hong-kong-listed-lai-fung-pays-record-price-shanghai-parcel
  10. Property - Hong Kong & China - PROPERTY

    China approves reverse mortgage pilot scheme

    Posted Jun 24th 2014, 05:58am by Reuters

    ... Reuters in Beijing Beijing nod to reverse mortgage pilot scheme The mainland will allow retirees to take out bank loans against their homes to pay for their living expenses under a pilot programme in four cities, its insurance regulator said yesterday. The programme is the latest government effort to help citizens aged 60 and above. The city governments in Beijing, Shanghai, ...

    http://www.scmp.com/property/hong-kong-china/article/1539194/china-approves-reverse-mortgage-pilot-scheme

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