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  • July 23, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Cash-strapped mainland developers delaying commissions to property agents

    Posted Jun 13th 2014, 10:47am by SANDY LI AND LANGI CHIANG

    ... Sandy Li and Langi Chiang Delayed payment of commissions by developers comes as agencies on the mainland are hit hard by falling revenues amid a market downturn Long wait for fees takes toll on agents Mainland property agents are reeling from a double whammy, as cash-strapped developers fail to pay them commissions for marketing and ancillary services at the same time ...

    http://www.scmp.com/property/hong-kong-china/article/1531446/cash-strapped-mainland-developers-delaying-commissions
  2. Property - Hong Kong & China - PROPERTY

    Hong Kong government, MTR to release five housing sites for sale

    Posted Jul 01st 2014, 04:11am by Yvonne Liu

    ... it for sale immediately. But it is difficult to find a large quantity of residential sites in an urban area. "Since construction of the [MTR's] Sha Tin to Central link has been delayed, we ...

    http://www.scmp.com/property/hong-kong-china/article/1543931/hong-kong-government-mtr-release-five-housing-sites-sale
  3. Property - Hong Kong & China - PROPERTY

    Okay goes online to fight cooling property market in Hong Kong

    Posted Jun 09th 2014, 03:31am by Sandy Li

    ... Sandy Li sandy.li@scmp.com New business model helps the real estate agency save on rental expenses while offering staff higher commissions as HK home sales slump 40pc Okay goes online ... and relocation operator Asia Pacific Properties, which owns Okay, in Central, where Miller used to work as a director. Okay has no retail outlets. "We provide each agent with an iPad so they can ...

    http://www.scmp.com/property/hong-kong-china/article/1528192/okay-goes-online-fight-cooling-property-market-hong-kong
  4. Property - Hong Kong & China - PROPERTY

    China approves reverse mortgage pilot scheme

    Posted Jun 24th 2014, 05:58am by Reuters

    ... Guangzhou and Wuhan will start a two-year experiment from July 1, the China Insurance Regulatory Commission said. Reverse mortgages, common in developed countries but new to the mainland, ...

    http://www.scmp.com/property/hong-kong-china/article/1539194/china-approves-reverse-mortgage-pilot-scheme
  5. Property - Hong Kong & China - PROPERTY

    Mainland China property market cooling down fast

    Posted Jun 16th 2014, 03:12am by Langi Chiang

    ... woman accompanying a young couple as they got out of a car at the Guang Group's Blues Water project, which is under construction in a centrally located, riverfront neighbourhood. ... of America Merrill Lynch The mainland media reported that the Ministry of Housing and Urban-Rural Development sent inspection teams to seven cities in the Pearl River Delta last month, criticised ...

    http://www.scmp.com/property/hong-kong-china/article/1533544/mainland-china-property-market-cooling-down-fast
  6. Property - Hong Kong & China - PROPERTY

    China's 'no-money-down' practice echoes US subprime loan risks

    Posted Jun 16th 2014, 03:12am by Bloomberg

    ... price to swindle banks out of loans," the Urban Planning Land and Resources Commission of Shenzhen Municipality said in April. Poly Real Estate Group was letting buyers delay full down payments at its Central Park development in Nanjing, China News Service reported early this month. Buyers can pay deposits of 50,000 yuan (HK$62,400) and then 15 per cent of the home price in three ...

    http://www.scmp.com/property/hong-kong-china/article/1533600/chinas-no-money-down-practice-echoes-us-subprime-loan-risks
  7. Property - Hong Kong & China - PROPERTY

    Asian banks snap up prime office space in Central

    Posted May 12th 2014, 02:58am by George Chen, Yvonne Liu

    ... George Chen and Yvonne Liu Desire to expand in financial district not shared by Western rivals, who have been moving out Asian banks snap up prime office space in Central Capital-rich ... in Central, one of the biggest office complexes in the city, according to property agents familiar with the deal. The floor to be taken by UOB used to be office space for a major American bank in Hong ...

    http://www.scmp.com/property/hong-kong-china/article/1510169/asian-banks-snap-prime-office-space-central
  8. Property - Hong Kong & China - PROPERTY

    Pause in China's trade zones unlikely to dim mood for pacesetters

    Posted Jun 09th 2014, 03:31am by Peggy Sito

    ... for such zones in their annual work reports this year, with local officials lobbying central authorities, the magazine reported. Sun Jianbo, chief strategist of China Galaxy Securities, said the central ... of the free-trade zone frenzy to fight for tax preferential status and the establishment of duty-free zones," said Sun, adding the central government aims to use the zone in Shanghai as a testing ...

    http://www.scmp.com/property/hong-kong-china/article/1528219/pause-chinas-trade-zones-unlikely-dim-mood-pacesetters
  9. Property - Hong Kong & China - PROPERTY

    Developers’ cash flow hit by delays in home loan approvals

    Posted Jun 12th 2014, 10:56am by SANDY LI AND LANGI CHIANG

    ... said it had yet to be seen how much money will flow to the property sector and whether the central bank would reduce the reserve requirement ratio for all banks or cut interest rates ...

    http://www.scmp.com/property/hong-kong-china/article/1530650/developers-cash-flow-hit-delays-home-loan-approvals
  10. News - China - PROPERTY

    State Council consolidates property registries

    Posted Nov 21st 2013, 12:00am by Zhuang Pinghui

    ... an important role in building a clean government and is consistent with the Central Commission for Discipline Inspection's request for officials to report their assets," Li said. "I ... registries under one agency The central government has consolidated its scattered property registries under a single agency, a move seen as instrumental to a host of major policy objectives from ...

    http://www.scmp.com/news/china/article/1361633/state-council-consolidates-property-registries

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