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  • September 20, 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

    ... 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 ... later it discovered that financial documents, account books and contracts were missing, it said. Without the records it could not process property titles and tax payments related to the project, ...

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

    Controversial property stamp duty bill moves one step closer to passage

    Posted Feb 20th 2014, 12:22pm by Amy Nip and Tanna Chong

    ... introduce the buyer's stamp duty. The bill is expected to pass a third reading within days. A third reading would write into the statute books the 15 per cent tax on home purchases ...

    http://www.scmp.com/news/hong-kong/article/1431681/controversial-stamp-duty-bill-moves-one-step-closer-passage
  3. Property - Hong Kong & China - PROPERTY

    Land disposal to net Shanghai government-linked firm 1.17b yuan

    Posted Jun 24th 2013, 12:00am by Charlotte So

    ... The company expected to book 584 million yuan in profit from the sale, as a result of the difference in the consideration and the net asset value of the site. The earnings serve as a lifeline ... value of some of its projects that are booked at costs in its financial states, the disposal is beneficial to realise part of the hidden value of the particular project," the company said. ...

    http://www.scmp.com/property/hong-kong-china/article/1267545/land-disposal-net-shanghai-government-linked-firm-117b-yuan
  4. Business - Companies - PROPERTY

    K Wah International gloomy about Hong Kong property as it reports profit slump

    Posted Aug 30th 2013, 12:00am by Yvonne Liu

    ... sales in the first half, of which some HK$1.8 billion were booked in the period. The company plans to increase its investment property portfolio from 120,000 square metres to 200,000 sq m over ...

    http://www.scmp.com/business/companies/article/1300468/k-wah-international-gloomy-about-hong-kong-property-it-reports
  5. Business - Companies - PROPERTY

    K Wah keeps the faith despite curbs

    Posted Mar 28th 2013, 12:00am by Yvonne Liu

    ... sales. "There was HK$5.2 billion from contracted sales that has been booked in the financial year of 2012. The remainder has not yet been booked [because the projects have not been completed ...

    http://www.scmp.com/business/companies/article/1201334/k-wah-keeps-faith-despite-curbs
  6. Business - Money - PROPERTY

    Hong Kong property buyers can turn the tables on mainland Chinese

    Posted Apr 22nd 2013, 12:00am by ANNA FENTON

    ... Anna Fenton anna.fenton@scmp.com New book on the mainland property market says Hongkongers can get a good deal if they know the regulations and don't mind all the paperwork Chance ... specialist Christopher Dillon looks at exactly that in his new book Landed China. He writes about the steps foreigners must take to buy property on the mainland. The market is one the region's ...

    http://www.scmp.com/business/money/article/1219987/hong-kong-property-buyers-can-turn-tables-mainland-chinese
  7. Business - Companies - PROPERTY

    Developers raise prices on car parking spaces

    Posted Jan 19th 2013, 12:00am by Sandy Li

    ... shortly. Ricacorp Properties said it has received 2,650 bookings for viewings this weekend of flats in the 50 major housing estates it monitors. The number of bookings is up 8.6 per cent from last ...

    http://www.scmp.com/business/companies/article/1131312/developers-raise-prices-car-parking-spaces
  8. Business - China Business - PROPERTY

    Property developers raise targets for sales by up to 30pc

    Posted Mar 20th 2013, 12:00am by Yvonne Liu

    ... for in the books for the relevant financial year. The company's chief financial officer, Estella Ng, said the 4.97 million sq m that Country Garden sold last year would be recognised in this year's books. Based on the average price of last year, those sales could contribute more than 32 billion yuan. Country Garden proposed a final dividend of 13.86 RMB cents a share, up from 12.96 ...

    http://www.scmp.com/business/china-business/article/1195022/property-developers-raise-targets-sales-30pc
  9. Business - Money - PROPERTY

    CIFI targets 31pc growth in sales

    Posted Feb 08th 2013, 12:00am by Yvonne Liu

    ... billion yuan from contracted sales completed in recent years that will be booked this year and next. Shares in CIFI dropped 2.22 per cent to close at HK$1.76 yesterday. CIFI targets 31pc growth ...

    http://www.scmp.com/business/money/markets-investing/article/1145595/cifi-targets-31pc-growth-sales
  10. Business - Property - PROPERTY

    Hong Kong home sales sink but worst still to come

    Posted Apr 04th 2013, 12:00am by Peggy Sito

    ... to the Jefferies report. As investment activity had decreased substantially, investors in the high-end market might need to take a deeper cut to book profit, the report said. ...

    http://www.scmp.com/business/article/1206562/home-sales-sink-worst-still-come

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