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  • July 14, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Increase in land supply helps small developers compete with big firms

    Posted Jul 01st 2014, 04:11am by Sandy Li

    ... competition, Chan stressed that half of the 59 residential sites were 5,000 square metres or less. Nine sites went to three major developers and those areas could provide in excess of 3,800 units. More ... Sandy Li sandy.li@scmp.com An increase in land supply gives minor players a chance to compete with the bigger companies Small developers back with a bang Small developers are flocking back ...

    http://www.scmp.com/property/hong-kong-china/article/1543903/increase-land-supply-helps-small-developers-compete-big
  2. Property - Hong Kong & China - PROPERTY

    Mainland China property market cooling down fast

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

    ... for big infrastructure projects such as roads and airports. "After a good year in 2013, most indicators point to a difficult 2014," said Bank of America Merrill Lynch China economist ... Langi Chiang langi.chiang@scmp.com Mainland real estate market showing signs of cooling down more rapidly than expected, with developers hit hard by reluctant homebuyers A developing ...

    http://www.scmp.com/property/hong-kong-china/article/1533544/mainland-china-property-market-cooling-down-fast
  3. News - World - PROPERTY

    More wealthy Chinese likely to buy homes in United States, analysts say

    Posted Jul 11th 2014, 12:04am by BLOOM

    ... such as Arcadia. "About 90 percent of my buyers are from China," said Peggy Fong Chen, a broker with Re/Max Holdings, who sold 80 homes in Arcadia last year. "They want new construction. They want two levels. In China, it is considered a mansion if it has two levels." More than three-quarters of buyers pay cash, said Chen, a native of Hong Kong who's been selling real ...

    http://www.scmp.com/news/world/article/1551334/more-wealthy-chinese-likely-buy-homes-united-states-analysts-say
  4. Property - Hong Kong & China - PROPERTY

    Guangzhou developers fight for sales in slow market

    Posted May 03rd 2014, 04:01am by Langi Chiang

    ... of the road, China Overseas Land & Investment, the country's biggest developer by market capitalisation, was selling smaller two-bedroom flats at a similar price. In between, China Vanke, ... "There are no signs of a pick-up yet. "Developers and potential home buyers are still in a tug of war," he told the South China Morning Post. The three-day May Day holiday, which ends ...

    http://www.scmp.com/property/hong-kong-china/article/1502990/guangzhou-developers-fight-sales-slow-market
  5. 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

    ... firms struggling to repay debts and meet operating costs. Chun Chang, land development manager at China Merchants Property (Nanjing), a subsidiary of China Merchants Land, said the collection ... Developer "It is pouring salt into the wound, as we are already hit by a slowdown in property sales," he said. The People's Bank of China has cut the reserve requirement ratio ...

    http://www.scmp.com/property/hong-kong-china/article/1530650/developers-cash-flow-hit-delays-home-loan-approvals
  6. Business - Money - PROPERTY

    China Vanke sees shares rise 10 per cent on Hong Kong debut

    Posted Jun 26th 2014, 01:07am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Mainland developer keen to use the city's market to raise funds and attract investors China Vanke sees shares jump 10pc on HK debut China Vanke ... are a technology firm, with strong research and development centres," Wang said, illustrating the point by saying that Vanke now has 3,000 engineers comprising more than half its white-collar force. ...

    http://www.scmp.com/business/money/markets-investing/article/1540587/china-vanke-sees-shares-rise-10-cent-hong-kong
  7. News - Hong Kong - PROPERTY

    Big interest expected in small flats at Fung Yuen, Tai Po

    Posted Jul 11th 2014, 11:39pm by Yvonne Liu

    ... half of the tenants are mainland students. They have to rent a flat before the academic year at the universities begins." Liu Zhanxiang, a mainlander newly graduated from Chinese ... amount to buy a tiny flat." An architect, who declined to be identified, believes the developer is trying to both maximise the floor area and comply with the Buildings Ordinance. He said: ...

    http://www.scmp.com/news/hong-kong/article/1552394/big-interest-small-flats-fung-yuen-tai-po-expected
  8. Property - Hong Kong & China - PROPERTY

    Developers offer incentives to boost sales in Hangzhou

    Posted Jun 24th 2014, 05:58am by Sandy Li

    ... Sandy Li sandy.li@scmp.com With 120,000 homes unsold and prices down 1.4 per cent in the city last month, builders are seeking ways to attract buyers Developers offer incentives to boost sales in Hangzhou In Hangzhou, there could not have been a better time to buy a home. Last month, housing prices dropped the most among 70 mainland cities, forcing developers to come out ...

    http://www.scmp.com/property/hong-kong-china/article/1539197/developers-offer-incentives-boost-sales-hangzhou
  9. Property - Hong Kong & China - PROPERTY

    Cofco sees joy in growing mall rentals from Chinese cities

    Posted Jul 07th 2014, 05:28am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Cofco sees joy in mall rental income strategy Cofco Land, a state-backed mainland commercial property developer, opened its sixth Joy City complex yesterday, as part of the company's strategy to eventually generate half of its revenues from rental income, up from less than 10 per cent now. The developer planned to operate 20 such projects ...

    http://www.scmp.com/property/hong-kong-china/article/1548272/cofco-sees-joy-growing-mall-rentals-chinese-cities
  10. Property - Hong Kong & China - PROPERTY

    Hong Kong-listed Lai Fung pays record price for Shanghai parcel

    Posted Jul 10th 2014, 04:56am by Langi Chiang

    ... was set in 2010, when mainland developer Overseas Chinese Town bought a parcel at a cost of about 52,000 yuan per square metre. Mainland developer Sunac China bought a property in Beijing ... "It is a rare parcel, given the prime location. The developer will probably hold the property instead of selling it," said Lu Qilin, research head of consultancy Shanghai Deovolente ...

    http://www.scmp.com/property/hong-kong-china/article/1550674/hong-kong-listed-lai-fung-pays-record-price-shanghai-parcel

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