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  • October 26, 2014
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  1. Business - Companies - ANALYSIS

    Corruption probe puts heat on Agile Property

    Posted Oct 15th 2014, 05:10am by Peggy Sito

    ... the charges. Chen was required to give a written apology and pay the victim's medical bills of about HK$4,000. But that was not the first major scandal to rock the company since its listing ...

    http://www.scmp.com/business/companies/article/1616456/corruption-probe-puts-heat-agile-property
  2. Property - International - BRITAIN

    London home prices lose their fizz as construction booms in city

    Posted Oct 08th 2014, 07:16am by Bloomberg

    ... an annual salary of £130,000 to pay the bills, they estimated. The average London home sells for £367 per square foot, Halifax said in June. ...

    http://www.scmp.com/property/international/article/1611459/london-home-prices-lose-their-fizz-construction-booms-city
  3. Property - Hong Kong & China - REGULATION

    Beating the bid-riggers: Angry homeowners use competition law to battle price-fixing

    Posted Sep 15th 2014, 04:43am by Benjamin Robertson, Elaine Yau

    ... Ordinance will be decided in the first half of next year. The alliance was launched in March by homeowners outraged at a being handed a HK$260 million bill – equivalent to HK$350,000 per household, ...

    http://www.scmp.com/property/hong-kong-china/article/1592797/beating-bid-riggers
  4. Property - International - UNITED STATES

    US regulators target non-bank home loan servicers

    Posted Sep 10th 2014, 04:43am by Bloomberg

    ... grow from the purchase of home loans, some firms are billing customers incorrectly, losing paperwork and failing to honour approved modifications, according to a Consumer Financial Protection ...

    http://www.scmp.com/property/international/article/1588772/us-regulators-target-non-bank-home-loan-servicers
  5. Property - Hong Kong & China - MARKETS

    Hong Kong homebuyers warned 'don't rush into the market- it's heating up'

    Posted Jul 21st 2014, 06:20am by Ernest Kao

    ... His remarks came just days after lawmakers passed a bill to double the stamp duty on property purchases of HK$2 million or more, up to a ceiling of 8.5 per cent. Buyers have been paying ... of parents." Tsang said seeing the stamp duty bill pass just before the Legislative Council summer recess had "taken a load off his mind". "The double stamp duty has effectively ...

    http://www.scmp.com/property/hong-kong-china/article/1556868/homebuyers-warned-dont-rush-market
  6. Property - Hong Kong & China - REAL ESTATE

    Property market jitters possible amid uncertainty over law to double stamp duty

    Posted Jul 14th 2014, 04:25am by Peggy Sito, Sandy Li

    ... to the government until it is enshrined in law. "If the bill cannot be passed this year, this will not have any practical impact on the market," said Cusson Leung, head of property research at investment bank JP Morgan. He said the government would continue to chase the tax even if the bill was not passed this year. The Legislative Council is expected to vote on the bill and an amendment ...

    http://www.scmp.com/property/hong-kong-china/article/1553619/property-market-jitters-possible-amid-uncertainty-over-law
  7. Property - International - BRITAIN

    Property developers in Britain accused of segregating communities with 'poor door' entrances for less well-off tenants

    Posted Jul 27th 2014, 06:27am by GDN

    ... In New York, Mayor Bill de Blasio said last week that he intended to ban segregated blocks after it emerged a Manhattan developer planned a separate entrance for a luxury block also containing 55 ...

    http://www.scmp.com/property/international/article/1559996/property-developers-britain-accused-segregating-communities
  8. Property - Hong Kong & China - CONCRETE ANALYSIS

    Bright future for modern warehouses

    Posted Aug 05th 2014, 01:21pm by Simon Smith

    ... of value-added services, a long way from the traditional "storage facility" of the past. Demand is now for modern warehouses, and our traditional godowns in many cases no longer fit the bill ...

    http://www.scmp.com/property/hong-kong-china/article/1564222/bright-future-modern-warehouses
  9. Property - Hong Kong & China - BRICKS & MORTAR

    Mainland students renting rooms rather than flats in Hong Kong

    Posted Jul 28th 2014, 11:56am by Sandy Li

    ... HK$12,000 a month. If the student opts to share the flat with another person, they would need to each fork out HK$6,500 to HK$7,000, including utility bills. A landlord in Metro City in Tseung Kwan ...

    http://www.scmp.com/property/hong-kong-china/article/1561038/mainland-students-renting-rooms-rather-flats-hong-kong
  10. News - Hong Kong - POLITICS

    Law to affirm double stamp duty passed, 17 months after levy came in

    Posted Jul 16th 2014, 04:15am by PHILE SIU, Ada Lee

    ... Of the lawmakers present, 49 voted for the bill while seven voted against it. Under the measure, which is designed to help cool the property market, buyers of all properties valued at HK$2 million or more ... it, that will be a kind of support for businessmen," Chung said. Another amendment, tabled by Liberal Party lawmaker Tommy Cheung Yu-yan, was also voted down. Under the bill as originally ...

    http://www.scmp.com/news/hong-kong/article/1555049/law-affirm-double-stamp-duty-passed-17-months-after-levy-came

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