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  1. Tax on property unlikely next year, say analysts

    Posted Dec 31st 2007, 12:00am by Yvonne Liu

    ... rent, he said. But the mainland has no staff or department responsible for such assessments. Li Wenjie, general manager at Centaline (China), agreed that it was impossible for a property tax ... Yvonne Liu Beijing has made no secret of its desire to cool the mainland's red-hot property market using a range of measures, but analysts doubt whether the government will be able ...

  2. Mainland investors less keen on luxury H.K. flats

    Posted Sep 07th 2011, 12:00am

    ... by Centaline Property Agency on June 11. In the first half of this year, the total value of flats sold to mainlanders in the primary market dropped 6.14 per cent to HK$21.4 billion. Centaline ... managing director of Centaline Mortgage Broker, a unit of Centaline Property Agency, said banks had become more cautious this year, given the cost of funds and better yields on corporate lending. ...

  3. A long-term approach

    Posted Jul 22nd 2006, 12:00am by Staff Reporter

    ... planning. Dave Kwan, managing director of Centaline Wealth Management, was reminded of the fact when running last year's Hong Kong Marathon. 'To complete a marathon you need to have ... view, as well as an understanding that markets will go up and down.' Centaline was set up in February 2004 with just 30 employees. Now it has more than 300. Mr Kwan is looking to recruit ...

  4. Mainland to launch property tax in 2012

    Posted Jul 23rd 2010, 12:00am by Peggy Sito

    ... immediate impact on the market,' said Andy Lee Yiu-chi, head of Centaline Property Agency's Shenzhen branch. 'Buyers will not be bothered as long as the tax is not imposed ... Peggy Sito The mainland will start levying a property tax in 2012 as part of measures to regulate volatility in the real-estate market. The annual tax will be introduced in a pilot scheme ...

  5. A rare bust in HK's property market boom

    Posted Jul 19th 2011, 12:00am

    ... to exceed HK$2.5 million, according to Centaline Property Agency. While some blame the government's measures to curb home prices for the loss, others fear it may be a harbinger of a wider ... 'This is the first loss-making deal in the resale market for Lime Habitat,' said Gary Lam, senior branch sales manager at Centaline Property Agency. There have been about 15 resales at Lime ...

  6. Property deals head for 1990s levels

    Posted Mar 17th 2004, 12:00am by Sandy Li

    ... of the sector's rebound. According to Midland Realty (Holdings) and Centaline Property Agency, registered property transactions in the secondary market could jump 20 per cent this month to 7,000. ... an assistant sales manager at Centaline's Tsing Yi branch, said seven property owners who recently escaped negative equity had sold their flats. One promptly returned to the market, buying ...

  7. POLICIES to lift sector

    Posted Sep 02nd 2011, 12:00am

    ... to Centaline Property Agency, about 40 per cent of new luxury homes in Hong Kong were bought by mainlanders in the first six months of this year. Its research shows that only a small fraction of luxury ... is stabilising and improving,' says Andy Ho Pui-ming, a director at Midland Realty. Leading property agencies are showing their confidence in the market by expanding their presence. Midland and its ...

  8. Property transactions fall 7.2pc

    Posted Aug 03rd 2007, 12:00am by Peggy Sito

    ... this year, according to Centaline Property Agency. Last year, it was only in September that monthly transactions totalled more than 10,000 deals. '[July's] performance is better both ... Peggy Sito Total property transactions in Hong Kong fell 7.16 per cent last month to 11,121 deals from June because of fewer purchases of second-hand homes and slower transaction activity ...

  9. 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- ...

  10. Tax hits property sales in Shanghai and Chongqing

    Posted Feb 01st 2011, 12:00am by Peggy Sito

    ... residents are barred from buying if they own more than two houses. Dickson Wong Hung, the chief executive of Centaline Property Agency in northern and southwestern China, said no official sales ... Peggy Sito The number of homes sold fell dramatically in Shanghai and possibly in Chongqing, the day new property taxes were imposed in those cities. But analysts are unsure whether ...




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