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  • April 17, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Dark clouds over Hong Kong's property market as 'perfect storm' looms

    Posted Mar 10th 2014, 06:10am by Sandy Li, Peggy Sito

    ... crash." Lawrence said a 35 per cent correction over the next two years was more likely, with most of that driven by increased supply. Leung has pledged to supply 20,000 new flats a year- just ...

    http://www.scmp.com/property/hong-kong-china/article/1444716/dark-clouds-over-hong-kongs-property-market-perfect-storm
  2. Property - International - PROPERTY

    Foreign buyers risk causing London housing bubble, say economists

    Posted Feb 05th 2014, 05:20am by The Guardian

    ... Institution of Chartered Surveyors have said that Britain was risking a repeat of the 2008 property crash. The business secretary, Vince Cable, has warned of the dangers of a housing bubble. Last week ...

    http://www.scmp.com/property/international/article/1421005/foreign-buyers-risk-causing-london-housing-bubble-say
  3. Property - Hong Kong & China - PROPERTY

    Second Barker Road house sold for HK$538m

    Posted Nov 25th 2013, 03:52am by SANDY

    ... Sandy Li sandy.li@scmp.com Second Barker Road house sold for HK$538m Despite cooling measures, buying interest in super deluxe houses is still keen with Hutchison Whampoa selling another house on the Peak for HK$538 million, its second deal within a week. The price tag for the 5,706-square-foot house plus two car parking spaces on 28 Barker Road represents HK$94,286 per square ...

    http://www.scmp.com/property/hong-kong-china/article/1364718/second-barker-road-house-sold-hk538m
  4. News - Hong Kong - PROPERTY

    CY Leung insists housing policy won't cause property crash

    Posted Jan 19th 2013, 12:00am by TONY CHEUNG AND LAUREN HO

    ... Tony Cheung and Lauren Ho Chief executive insists his housing blueprint will not lead to oversupply - and a market disaster We won't see another crash: Leung Leung Chun-ying has vowed to keep a close watch on global markets to ensure history does not repeat itself in a property crash as his extra-flats policy takes hold. The chief executive was responding to an RTHK radio ...

    http://www.scmp.com/news/hong-kong/article/1131216/cy-leung-insists-housing-policy-wont-cause-property-crash
  5. News - China - PROPERTY

    Wenzhou's once-hot housing market comes crashing down

    Posted Dec 23rd 2012, 12:00am by Paggie Leung

    ... a property crash Stroll down the streets of Wenzhou and it doesn't take long to realise how dead its once red-hot property market has become. In property agencies, brokers take an afternoon nap ... into the real estate market between 2008 and 2010. The property crash forced some businessmen to flee or commit suicide to evade debt after going bankrupt. "It's like a roller coaster ride, ...

    http://www.scmp.com/news/china/article/1111003/wenzhous-once-hot-housing-market-has-come-crashing-down
  6. Business - Companies - PROPERTY

    Developers raise prices on car parking spaces

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

    ... Sandy Li sandy.li@scmp.com Developers raise prices on car parking spaces Developers are beginning to raise their prices not just for new flats but car parking spaces as well, as buying ... spaces at The Wings II in Tseung Kwan O for HK$1 million each. "The car park spaces are inexpensive, as The Grandeur is a luxury residential project, and they are larger than normal- ...

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

    Weather can't cool boom in Ulan Bator

    Posted Sep 25th 2013, 12:00am by Benjamin Robertson

    ... allowed APIP to target business opportunities outside of its own developments. The company starting winning bids for a wide range of projects including car showrooms and bespoke offices. The city ...

    http://www.scmp.com/business/china-business/article/1317051/weather-cant-cool-boom-ulan-bator
  8. News - China Insider - PROPERTY

    Chinese spent US$8.2b buying US properties last year

    Posted Aug 29th 2013, 12:08pm by Jeremy Blum

    ... in Detroit, Michigan. Detroit, once famous as the United States’ car capital, recently filed for bankruptcy protection, leading to a fall in local housing prices which may have attracted Chinese ...

    http://www.scmp.com/news/china-insider/article/1300309/chinese-spent-us82b-buying-us-properties-last-year
  9. News - Hong Kong - PROPERTY

    Property-cooling measures here to stay: CY Leung

    Posted Aug 06th 2013, 12:00am by Joyce Ng

    ... as overheated because of keen demand from foreign buyers, he said. "Before we introduced the measures, Hong Kong people were speculating on car-parking spaces and shops. Home prices were soaring ...

    http://www.scmp.com/news/hong-kong/article/1294578/property-cooling-measures-here-stay-cy-leung
  10. Business - Money - PROPERTY

    Long-time Lamma residents feel pinch of rising rents

    Posted Apr 22nd 2013, 12:00am by TIFFANY AP

    ... the [2008] crash, quite a few guys came over from Mid-Levels and said, 'What can I get for HK$25,000?' It was an exodus of sorts," says Nick Berriff, a Lamma-based designer. Berriff ... into Central - as a positive - it buffers them from polluted, high-density Hong Kong. Residents covet the island's greenery, the absence of cars, the access to beaches and hiking trails, ...

    http://www.scmp.com/business/money/article/1219967/long-time-lamma-residents-feel-pinch-rising-rents

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