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  • August 31, 2014
  • Last updated: 6:55am
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  1. Property - Hong Kong & China - HONG KONG

    New flat launches and discounting push prices down in Hong Kong

    Posted Feb 26th 2014, 05:24am by Peggy Sito

    ... before the downward cycle gains momentum. A year after the government launched successive measures to cool the market, home prices are heading down, as indicated by the Centa-City Leading Index ... Peggy Sito peggy.sito@scmp.com Analysts expect a drop of up to 10pc for the whole year as developers roll out new projects New flat launches and discounting push prices down Hong Kong ...

  2. Property - Hong Kong & China - HONG KONG

    No price war for Swire at Mount Parker Residences

    Posted Mar 11th 2014, 02:00pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Developer is offering discounts of 4.25pc, far short of the 20pc cuts at rival projects Swire rules out price war for Quarry Bay flats Unlike rival luxury home developers with numerous large projects due for launch, Swire Properties won't be taking part in a price war. Prices at its completed residential project, Mount Parker Residences in Quarry Bay, ...

  3. Property - Hong Kong & China - HONG KONG

    Using guide and fine wines as a guide, Hong Kong flats prices likely to stall

    Posted Feb 27th 2013, 12:00am by Peggy Sito

    ... revisited the case of the collectibles this month, it found that measured by the Liv-ex 100 Fine Wine Index wine prices had retreated by 26 per cent from a July 2011 peak. Gold, which is supposed ... Peggy Sito peggy.sito@scmp.com Nomura is cautious about local property market and says affordability will be a theme for 2013 Using gold as a guide, flat prices are likely to stall ...

  4. Property - Hong Kong & China - HONG KONG

    Sales of second-hand Hong Kong flats stagnant as buyers wait on price cuts

    Posted May 08th 2013, 12:00am by Peggy Sito

    ... prices. But most buyers and sellers had a wait-and-see attitude. The latest Centa-City Leading Index, which tracks second-hand home prices at 100 housing estates, rose 0.11 per cent week on week ... Peggy Sito peggy.sito@scmp.com Sales of second-hand flats stagnant as buyers await bigger price cuts Sales of second-hand homes in Hong Kong remain stagnant despite a lack of new-home ...

  5. Property - Hong Kong & China - HONG KONG

    Hong Kong's property curbs likely to stay until prices fall further

    Posted Aug 21st 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Increased supply and rising interest rates could see prices fall by 20 per cent, but until this happens the cooling measures will likely stay in place Curbs likely to stay until prices fall Pleas by real estate agents for the Hong Kong government to relax its measures aimed at cooling down the property market are likely to fall on deaf ears until ...

  6. Property - Hong Kong & China - HONG KONG

    Hong Kong second-hand home prices stable as sales volume picks up

    Posted Jun 12th 2013, 12:00am by Peggy Sito

    ... to cut prices, which meant prices in the secondary market had remained fairly stable over the past month. According to Centaline, the latest Centa-City Leading Index, which tracks second-hand ... Peggy Sito peggy.sito@scmp.com Secondary market records 19-week high, but primary market quiet due to lack of launches Secondary market sales up, with prices stable Prices of second-hand ...

  7. Property - Hong Kong & China - HONG KONG

    Hong Kong luxury prices stagnate as new taxes bite

    Posted Mar 06th 2013, 12:00am by Peggy Sito

    ... continue to soften in the short term, according to Joseph Tsang, managing director of property consultancy Jones Lang LaSalle in Hong Kong. Based on the company's residential price index ... Peggy Sito peggy.sito@scmp.com Analysts split on the impact new and higher stamp duties and loan curbs will have on sector Luxury-home prices flat after cooling measures Luxury residential ...

  8. News - Hong Kong - HONG KONG

    Hong Kong ranks 14th in world for cost of living

    Posted Feb 04th 2013, 04:38pm by Ernest Kao

    ... having edged Zurich off the top spot despite sliding 14 percentage points on the index. “Rising living costs in Hong Kong are driven on a macro scale…although property prices are not taken into account in the study, the unrelenting growth in real estate costs also feed into higher prices for everything else,” said Susan Evans, an analyst at the EIU in Hong Kong. "No doubt, the lack ...

  9. Property - Hong Kong & China - HONG KONG

    Developers rush to sell stock as discounts boost luxury-home sales

    Posted Dec 04th 2013, 05:33am by Peggy Sito

    ... into the slower holiday season," he wrote in a research report released on Monday. The Centa-City Leading Index of Hong Kong home prices edged up 0.2 per cent week-on-week to 120.39 on Friday, ... on recent new launches. Buoyed by the positive sentiment triggered by the price discounts, 527 new homes were sold over the weekend of November 30 and December 1- up twelvefold from the 41 sold ...

  10. Property - Hong Kong & China - HONG KONG

    Expatriates seek cheaper and bigger flats in Hong Kong's Tseung Kwan O

    Posted Feb 26th 2014, 05:24am by Sandy Li

    ... Sandy Li sandy.li@scmp.com People fed up with high rents in central areas are moving to Tseung Kwan O and enjoying larger apartments and much lower prices Expats seek cheap flats in new town A year ago an Australian expatriate worker in Hong Kong called Peter moved to Lohas Park in Tseung Kwan O, attracted by a bigger living space at an affordable rental. "Before I moved ...




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