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  1. Buyer interest props up mainland agency income

    Posted Dec 08th 2010, 12:00am by Yvonne Liu

    ... measures aimed at curbing demand in the property market, commission income at Centaline Property Agency's mainland operations' rose slightly to 320 million yuan (HK$373.14 million) ... sales growth. Lai said that in March, before Beijing began introducing measures to cool the property market, the agency earned 390 million yuan in commission income. That proved ...

  2. Investors from mainland snap up cheaper flats

    Posted Dec 19th 2009, 12:00am by Peggy Sito

    ... Peggy Sito After making waves with some major investments in Hong Kong's luxury property sector, mainlanders are moving downmarket, buying more than 200 units in a new residential project in Tseung Kwan O. Apart from buyers from cities in the Pearl River Delta, the property development also attracted investors from Fujian and Zhejiang provinces who wanted to diversify ...

  3. Golden week loses shine for developers

    Posted May 14th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu The golden week national holiday in early May is no longer a golden time for developers to sell their properties, say agents. According to Li Wenjie, general manager of Centaline (China) in Beijing, transactions in the primary market during the golden week holiday totalled just 30 per cent of the deals done during the same holiday last year. Most developers offered ...

  4. Agencies pare back as home sales slow

    Posted Nov 09th 2011, 12:00am

    ... the industry would keep shrinking until the Lunar New Year in January, which is the traditional low season for the Chinese market. Last week, brokerage giant Centaline Property Agency said it would ... on property sales, and agents expect more cuts in the coming two months. 'In the last two months, the industry has been shrinking, with the number of property agency outlets reduced by about 30 ...

  5. Limits on foreigners' property purchases go mainland-wide

    Posted Nov 13th 2010, 12:00am by Yvonne Liu

    ... of September. So the new rules on foreigners buying property were to be expected,' said Dickson Wong Hung, the chief executive for property agency Centaline Property on the mainland. But property ... Yvonne Liu The central government plans to set limits on foreigners buying mainland property to curb speculation and stem an inflow of hot money, the Securities Times newspaper reported. ...

  6. HK agencies see potential in mainland amid gloom

    Posted Jan 30th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu It was the worst of times and the best of times for Hong Kong property agencies after the mainland government introduced measures aimed at cooling the overheated property market. For property agencies in Beijing, Guangzhou and Shanghai, it was the worst of times as a dramatic fall-off in transactions in the secondary market led to the closure of many branch ...

  7. Agencies attempt to restore ruined image

    Posted Feb 20th 2008, 12:00am by Sandy Li

    ... the responsibility will transfer to mainland lawyers when the public recognises their professional standards,' Mr Choi said. Hong Kong-based property agencies such as Centaline, Midland China ... of the headline-grabbing case of Zhong Tian Property Agency president and co-founder Jiang Fei, who disappeared leaving a gaping 170 million yuan hole in the agency's customer accounts, according to some ...

  8. Beijing tipped to slap more curbs on property

    Posted Jan 04th 2007, 12:00am by Peggy Sito

    ... Peggy Sito The central government is expected to announce more austerity measures to cool the property market as home prices in many cities continue to rise, according to a property agent. Property prices continued to rise to varying degrees after the government launched a campaign to rein in the real estate market in the middle of last year, Centaline China Property Consultants ...

  9. New investment rules on property too vague: experts

    Posted Jul 25th 2006, 12:00am by Staff Reporter

    ... But academics and property agents in main cities said they believed their impact would be limited. Andy Lee Yiu-chi, general manager of Centaline China's Shenzhen branch, said many aspects ... fever for building expensive properties and help stabilise the whole market,' said Shi Hongrui, general manager of the Hong Kong-funded Shanghai Hanyu Property Agency. But academics ...

  10. Analysts hail mainland venture but warn of risks

    Posted Jan 16th 2004, 12:00am by Peggy Sito

    ... a supply glut. Centaline Property Agency chairman Shih Wing-ching has reservations about the MTRC's move, saying the mainland's uncertain housing policy is a potential risk. Mr Shih said ... Peggy Sito Analysts have welcomed the MTRC's plan to expand its property-related business model to Shenzhen in the face of a saturated local market. However, they warned the rail firm ...




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