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  1. Beijing curbs force agents to axe 700 outlets

    Posted Oct 15th 2011, 12:00am

    ... government cut the maximum commission chargeable on the sale of homes in the secondary market to 2 per cent from 2.5 per cent. Centaline Property Agency also closed 40 branches in Beijing, involving ... home-purchase restrictions killed demand, a survey said. Homelink, one of the largest property agencies in Beijing, said 700 agency outlets had closed since the municipal government restricted residents ...

  2. Developers play safe on bidding

    Posted Nov 16th 2011, 12:00am

    ... according to Centaline Property Agency. The ratio of land acquisition expense to property revenue by mainland developers was 21 per cent, the lowest recorded since the property agent started ... the property agent compiled the ratio data from 10 large developers who were listed in Hong Kong or on mainland exchanges. That year, the ratio was 99 per cent. Centaline said land prices ...

  3. Property - Hong Kong & China - PROPERTY DIGEST

    Property Digest, February 27, 2013

    Posted Feb 27th 2013, 12:00am by Bloomberg

    ... Hong Kong Property Services (Agency). The basement and the ground floor are retail shops; the ninth to 12th floors are leased to a business hotel and the remaining floors are for office use. The leases, which were due to expire by the end of this year, would have the potential for about 30 per cent growth for the new terms, the agency said. It expects the property to generate an annual ...

  4. Digest

    Posted Dec 21st 2011, 12:00am

    ... Kong fell the most in nearly three years last month, according to Centaline Property Agency. Average rents on the 85 large residential estates Centaline monitors dropped 2 per cent from ... data from Centaline Property Agency shows. Revenue was down 24.5 per cent on last year, when it was HK$6.22 billion. Only 78 deals were recorded during the period, two-thirds the number last ...

  5. Strong results from big mainland developers

    Posted Jan 04th 2012, 12:00am

    ... All three were among the developers that cut the prices of their projects last year to drum up sales. Lai Kwok-keung, Centaline Property Agency's chief executive for southern China, said ... Paggie Leung paggie.leung@scmp.com The leading property developers on the mainland delivered strong performances last year, despite austerity measures aimed at cooling down home prices, ...

  6. Levy for idle plots seen as next property curb

    Posted Dec 14th 2007, 12:00am by Chloe Lai, Sandy Li

    ... metres. Li Wenjie, head of Centaline Property Agency in Beijing, said any new fee would only make properties more expensive as developers would transfer the extra development cost to buyers. ... Chloe Lai in Shanghai and Sandy Li Beijing might impose a levy on developers holding idle residential plots in a move to curb speculation and cool property prices, sources said. ...

  7. Property prices moderate as Beijing curbs start to bite

    Posted Jan 18th 2008, 12:00am by Chloe Lai

    ... interest-rate increases,' he said. Li Wenjie, the head of Centaline Properties in Beijing, said macro tightening measures and policies to rein in property prices were starting to slow sales. ... to face more pressure in financing and liquidity this year after an easing of price increases. But the rating agency did not expect property prices to drop nationwide as it said Beijing's ...

  8. Beijing warned of property crash like Japan's

    Posted Jan 13th 2007, 12:00am by Raymond Li

    ... new policies to make macroeconomic control measures work. But Zhang Wei, an analyst from the Shenzhen branch of property agency Centaline China, said most of the control measures, ... Raymond Li and He Huifeng Government experts say tougher action needed to avoid similar market collapse The mainland property market could be headed for a crash like the 1990s collapse ...

  9. Property, financial stocks dive over tightening fears

    Posted Dec 18th 2007, 12:00am by Sandy Li

    ... 'Property transactions in Shenzhen have dropped 70 per cent from the peak in June. It will not be a surprise to see more small property agencies collapse after Gemdale Property,' said Lai ... Sandy Li and Natalie Chiu Rates and stricter lending worries spark sell-off in markets Mainland property and financial stocks tumbled yesterday over concerns the central government ...

  10. Record sale in capital boosts prices

    Posted Jul 18th 2012, 12:00am

    ... Wong Hung, chief executive for northern and southwest China at estate agency Centaline Property. Private local developer Sinobo Group won the Haidian site last Tuesday with the 46th bid ... media reported that a small number of flat owners in the vicinity of the site raised the asking prices of their properties after news of the auction. One report cited an example of a luxury-home ...




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