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  • July 29, 2014
  • Last updated: 5:22am
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  1. Property - Hong Kong & China - HOUSING

    Positive sentiment bodes well for upcoming launches of new homes

    Posted Jul 08th 2014, 02:59pm by Peggy Sito

    ... slowed in the primary and secondary markets following the rebound in the past two weeks. According to BNP Paribas, 82 new homes were sold over the weekend, 52.3 per cent fewer than the 172 units ... the previous weekend. BNP Paribas analyst Patrick Wong said in a report that developers have reaped successful sales over the past few weeks. For example, of 691 units at The Grand Austin, owned ...

  2. Property - Hong Kong & China

    Rise in housing prices renews debate on affordability

    Posted Jul 11th 2014, 01:31am by Peggy Sito

    ... on wealth Housing affordability is back in focus as property prices in the city show signs of picking up. According to BNP Paribas, indicators of housing affordability are stretched as household ... They are now 2 per cent below the market's record high in March last year but still 3.42 per cent higher than the intrayear low in March this year. BNP Paribas said in its research report prices ...

  3. Property - Hong Kong & China - SALES

    City Point project seen as turning point for Hong Kong housing sector

    Posted May 28th 2014, 05:08am by Peggy Sito

    ... units were sold across the city during the last weekend, up from 21 units the previous weekend, according to BNP Paribas. Cheung Kong released its first price list for City Point, located near Tsuen Wan West MTR station, last week. The first 350 units are priced at an average of HK$12,149 per square foot of saleable area. BNP Paribas said the average price after the maximum 15.75 per ...

  4. Property - Hong Kong & China - RESIDENTIAL

    New projects try to ride positive sentiment

    Posted Jun 10th 2014, 03:23pm by Peggy Sito

    ... Peaks on the Peak. SHKP released the price list of The Seafront in Tsing Lung Tau on Saturday. The average selling price after the maximum discount was HK$44,957 per square foot, BNP Paribas ...

  5. Property - Hong Kong & China - RETAIL PROPERTY

    Mall operators juggle trade mix, harness technology to meet e-shopping threat

    Posted May 06th 2014, 03:25pm by Peggy Sito

    ... of e-commerce is inevitable, shopping centre operators are likely to move away from the traditional turnover of rents and towards fixed rents, said Lee Wee Liat, head of property research at BNP Paribas Securities. Mall operators would follow the trend being adopted in Western countries of multichannelling, in which "clicks" and "bricks" can coexist, said the BNP Paribas report. ...

  6. Property - Hong Kong & China

    Cheung Kong offers big discounts for City Point flats

    Posted May 23rd 2014, 12:52am by Sandy Li

    ... agent said. Patrick Wong, a director of property research at BNP Paribas Securities (Asia), said the proposed amendments would favour pre-sale of primary launches, "especially ...

  7. Business - Money - PROPERTY

    Stocks viewed as cutting through the talk of gloom

    Posted Jan 06th 2014, 12:28am by Peggy Sito

    ... "We think the market is underestimating the resilience of both the physical market and the valuation of developers," said Lee Wee Liat, BNP Paribas' Hong Kong-based head of Asia ... property and other businesses- such as Cheung Kong and New World- remained attractive. Lee said BNP Paribas had conducted a stress test on major developers' net asset value by factoring ...

  8. Property - Hong Kong & China - RESIDENTIAL PROPERTY

    New home sales surge in Hong Kong

    Posted Apr 15th 2014, 02:13pm by Peggy Sito

    ... price after a maximum 10 per cent discount is HK$9,040 per square foot, similar to that of Green Code in the same district. BNP Paribas said the recent positive sales results of some primary ...

  9. Property - Hong Kong & China - RESIDENTIAL PROPERTY

    More housing projects to be launched to ride wave of demand

    Posted Apr 08th 2014, 02:48pm by Sandy Li

    ... director of property research at BNP Paribas Securities (Asia), expects more developers, such as SHKP and New World, to launch new projects this month. "The key focus will remain Cheung ...

  10. Property - Hong Kong & China - MAINLAND

    Developers' inability to build up mainland China land banks set to hit sales

    Posted Dec 11th 2013, 03:47am by Sandy Li

    ... few years due to constraints on building land banks on the mainland, according to analysts at investment bank BNP Paribas. "Currently, expanding land bank is particularly difficult ... in making acquisitions," wrote Lee Wee Liat, the head of property research at BNP Paribas Securities (Asia), in a report just released. Land prices in the first-tier cities- Shanghai, Beijing, ...




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