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  • October 2, 2014
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  1. Property - Hong Kong & China - RESIDENTIAL

    Hong Kong street protests drag used-home sales to 33-week low

    Posted Sep 30th 2014, 03:43pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Protests take toll on home sales in HK Sales of used homes over the weekend were an early casualty of the start of street protests in Hong Kong, with transactions plunging to a 33-week low. Just eight units were sold in the 10 estates monitored by Ricacorp Properties over the two days while six estates saw no sales. "The Occupy Central campaign ...

    http://www.scmp.com/property/hong-kong-china/article/1604557/hong-kong-street-protests-drag-used-home-sales-33-week-low
  2. Property - Hong Kong & China - LAND SALES

    Hong Kong industrial plot for sale as manufacturers show interest to move back

    Posted Sep 30th 2014, 09:44am by Sandy Li

    ... back to Hong Kong," said Danny Lau Tat-pong, the owner of industrial and architectural coating company Kam Pin Industrial. Lau has a 40,000 sqmetre manufacturing plant in Dongguan, ... investors." The site in Kwai Chung would be attractive to watch, jewellery and food-processing companies, he said. Federation of Hong Kong Industries chairman Stanley Lau Chin-ho said the organisation ...

    http://www.scmp.com/property/hong-kong-china/article/1603879/hong-kong-industrial-plot-sale-manufacturers-show-interest
  3. News - Hong Kong - REAL ESTATE

    London overtakes Hong Kong as 'world’s most expensive city'

    Posted Sep 24th 2014, 02:59pm by James Griffiths

    ... James Griffiths james.griffiths@scmp.com Rising rent and a strong pound have made London the world’s most expensive city to live and work in, surpassing Hong Kong for the first time in five years. According to a new report  (pdf) by real estate firm Savills, real estate costs per employee in London have risen to US$121,000 a year. Hong Kong, New York and Paris are not far ...

    http://www.scmp.com/news/hong-kong/article/1599482/london-overtakes-hong-kong-worlds-most-expensive-city
  4. Property - Hong Kong & China

    Hong Kong to see 10pc rise in office rents over next five years

    Posted Sep 24th 2014, 03:10pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Hong Kong will see a 10 per cent increase in prime office rents in the next five years at a rate below the average of other global cities, according ... sustain prime office rental growth in the Southeast Asian nation, said Ji. However, Hong Kong office rent is already among the highest in the world. “So any further drastic growth in the next five ...

    http://www.scmp.com/property/hong-kong-china/article/1599497/hong-kong-see-10pc-rise-office-rents-over-next-five-years
  5. Property - Hong Kong & China - PROPERTY

    Developers speed up flat launches as mainlanders return to Hong Kong's housing market

    Posted Sep 22nd 2014, 04:28am by Peggy Sito

    ... Developers are speeding up new launches in Hong Kong, with more than 3,000 flats to hit the market over the coming months. The new releases will intensify a battle to lure home-seekers who have lost ... the previous weekend as fewer projects were offered. But more units are coming into the pipeline. Major launches to watch include Cheung Kong's 291-unit Mont Vert Phase II in Tai Po and its ...

    http://www.scmp.com/property/hong-kong-china/article/1597563/developers-press-ahead-flat-launches-lure-home-buyers
  6. Property - Hong Kong & China - BRICKS & MORTAR

    Hong Kong landlords excel in filling up world's tallest office towers

    Posted Sep 23rd 2014, 03:14am by Sandy Li

    ... of high-rise office buildings is one criterion for the creation of financial centres as a city needs to provide a first-class environment to house multinational companies. Hong Kong has 69 tall office ... to approach securing tenants. CBRE has found that Hong Kong's supertall buildings filled up their floor space much faster than other cities in the region. The 412-metre Two International Finance ...

    http://www.scmp.com/property/hong-kong-china/article/1598322/hong-kong-landlords-excel-filling-worlds-tallest-office
  7. Business - Comment - JAKE'S VIEW

    Hong Kong contractors' bid-rigging is behind rising prices

    Posted Sep 18th 2014, 05:57am by Jake Van Der Kamp

    ... you the deflator index for private construction costs in Hong Kong. It is taken from the gross domestic product figures and based on a value of 100 for September 2003, the approximate ... restrained. Portland cement is portland cement around the world. It is thus my belief that the cartel operations so prevalent in Hong Kong construction extend to rigging of materials prices ...

    http://www.scmp.com/business/article/1594838/hong-kong-contractors-bid-rigging-behind-rising-prices
  8. Property - Hong Kong & China - RENTS

    Rents hit record high on 50 major Hong Kong housing estates

    Posted Sep 18th 2014, 05:51am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Further increase is likely after a gain of 2.1pc amid strong demand for leasing Rents hit record high at 50 major HK estates Average rents at 50 major housing estates in Hong Kong hit a record high last month, research by Ricacorp Properties shows. The average rent at 50 estates monitored by Ricacorp rose 2.1 per cent month on month to HK$26.99 ...

    http://www.scmp.com/property/hong-kong-china/article/1594993/rents-hit-record-high-50-major-hong-kong-estates
  9. Property - Hong Kong & China - DEBT

    Mainland developers boost fundraising in Hong Kong

    Posted Sep 16th 2014, 04:29pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Mainland property firms taking advantage of low interest rates in Hong Kong to raise funds in case coming winter is blighted by poor sales Developers make full use of cheap fundraising in HK Mainland developers have stepped up their fundraising in Hong Kong to safeguard against a winter chill in case sales disappoint during the crucial ...

    http://www.scmp.com/property/hong-kong-china/article/1593887/mainland-developers-boost-fundraising-hong-kong
  10. Property - Hong Kong & China - HOUSING

    Supply of Hong Kong flats below HK$3m drops

    Posted Sep 16th 2014, 11:27am by Sandy Li

    ... at or below HK$3 million is declining sharply as Hong Kong home prices keep on climbing to fresh highs, leaving potential buyers with a tight budget little choice but to settle for either ageing ... the tiny apartments at Cheung Kong's Mont Vert in Tai Po. "It will be hard to find one at major housing estates. There are still some units at single residential blocks in the New ...

    http://www.scmp.com/property/hong-kong-china/article/1593176/supply-hong-kong-flats-below-hk3m-drops

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