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  • November 26, 2014
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  1. Sino Land sells 39 of 61 flats at its luxury One Mayfair project

    Posted Oct 27th 2011, 12:00am

    ... to HK$29,380 per sq ft, or between HK$21.2 million and HK$71.56 million. According to data from Centaline Property Agency, 49.7 per cent of new flats, each worth HK$12 million or above, were sold ... to be named said: 'The performance is positive as such pricey properties are less likely to sell as fast as mid-priced units.' But Adrian Ngan Wai-hung, head of property research at MF ...

  2. Developers shun new sites in downturn

    Posted Feb 10th 2012, 12:00am

    ... measures, the property market has drastically slowed down,' said Li Wenjie, head of Centaline Property Agency's northeast region. 'As potential buyers hesitate to enter the market, ... this year. There were 921 sites sold in 129 cities last month, according to mainland property agency Homelink. This represented a decline of 50 per cent month on month, or a drop of 52 per cent when ...

  3. Confirmor sales surge seen as a pointer to future

    Posted Jun 15th 2011, 12:00am

    ... transactions- deals in which properties are resold before the original transaction is completed- were recorded last month, according to Centaline Property Agency. This compared with 36 such deals ... of rising office rents. According to another property agency, Midland Realty, confirmor transactions in the office sector accounted for 13.2 per cent of deals recorded last month. The percentage ...

  4. US rate cut set to boost HK property sales: agents

    Posted Jan 23rd 2008, 12:00am by Sandy Li

    ... will certainly follow the US rate cut by 75 basis points,' said Wong Leung-sing, associate director for research at Centaline Property Agency. The cut came earlier than expected, he said. Mr Wong ... Property Agency, said before the Fed's announcement. According to Midland Realty, a 1,413 sq ft apartment at Laguna Verde in Hung Hom recently sold for HK$9.88 million- or HK$6,992 per sq ft- ...

  5. In Brief

    Posted Jan 20th 2007, 12:00am by Staff Reporter

    ... in the quarter, the lowest quarterly total of the year. Wong Leung-sing, Centaline Property Agency research manager, said demand for mass-market homes was dropping as the population aged, allowing ...

  6. Rise in rates sends prices, sales tumbling

    Posted Sep 21st 2011, 12:00am

    ... in home loan rates turned the market sentiment from bad to worse,' she said. A sales director at Centaline Property Agency's Tuen Mun and Tin Shui Wai branches, Perry Fong Kai-ming, said ... Moon-kit said. According to Centaline Property Agency, the affordability of a 600 square foot flat- as measured by the monthly mortgage payment as a proportion of household income- has deteriorated ...

  7. Shenzhen moves to beat tax cheats

    Posted Jun 15th 2011, 12:00am

    ... or the rate based on the government's valuation,' said Andy Lee Yiu-chi, head of Centaline Property Agency's Shenzhen branch. It is also not known at this stage if the valuation ... second-hand property in order to evade taxes on gains from the sale. The contract with the actual sales price paid for the property is signed under the table and kept by both the buyer and the seller. ...

  8. Fewer cheap flats sold last year

    Posted Jan 25th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Sales of second-hand flats costing HK$2 million or less fell sharply last year, as rising property prices reduced their supply, according to Centaline Property Agency. However, on a month-on-month basis the number of deals for such flats rose in December. That was because, as home prices began falling, sellers agreed to cut asking prices out ...

  9. How ending the peg could hit property prices

    Posted Jun 14th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Flat prices in Hong Kong may fall if the currency is depegged from the US dollar, property experts say. 'The Hong Kong dollar is expected to see an upward trend if it is depegged. And that will hit demand for assets,' said Shih Wing-ching, founder of the Centaline Property Agency. The Hong Kong dollar has been pegged at HK$7.80 ...

  10. Home transactions propel to 10-year record

    Posted Dec 05th 2007, 12:00am by Peggy Sito

    ... Leung-shing, an associate director with Centaline Property Agency's research department. At that time, property transaction volume was 22,699, while the value was HK$115.48 billion. Last ... Peggy Sito Property sales in Hong Kong surged to the highest level in a decade last month, as lower interest rates, rising employment and household incomes as well as a strong stock market ...




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