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  • July 24, 2014
  • Last updated: 11:38pm
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  1. Property - Hong Kong & China - MARKETS

    Hong Kong homebuyers warned 'don't rush into the market- it's heating up'

    Posted Jul 21st 2014, 06:20am by Ernest Kao

    ... in the region of HK$4 million. He was worried about buyers rushing in without considering long-term affordability and a potential rise in interest rates. "I am particularly concerned about ... impact] is generally quite weak." Tsang urged homebuyers to keep an eye on prices and interest rates- and consider their own ability to buy- before they made the decision to enter the market. ...

  2. Property - Hong Kong & China

    The ins and outs of Cheung Kong's no-viewing clause for Mont Vert flats

    Posted Jul 24th 2014, 10:55pm by Sandy Li

    ... by Winchesto Finance Company on the condition that applicants seek consent from the first mortgagee bank. Cannot exceed 80 per cent of transaction price. Interest rate for second mortgage: Hibor plus 2.25 to 2.75 per cent, or 1.5 per cent below prime rate, now 5.25 per cent. Requirement to buy: prospective buyers must submit a HK$100,000 cheque and sign an agreement not to see an actual ...

  3. Property - International - CANADA

    Toronto condo sales surge on rentals demand

    Posted Jul 23rd 2014, 05:20am by Bloomberg

    ... apartments to buy and rent as a more affordable option, Etherington said. There will be enough demand to push condominium price expansion above the rate of inflation for the rest of the year, Jason ...

  4. Property - Hong Kong & China - BRICKS & MORTAR

    Cheung Kong executive proved right as homebuyers' sentiment turns

    Posted Jul 21st 2014, 11:23am by Peggy Sito

    ... of a delay in the raising of interest rates in the United States and limited price cuts in the primary market. Then, in May, the modifications to property cooling measures, including an easing ... of a rate increase, upcoming new supply and current cooling measures. But the recovery has already led to a swing in sentiment in the market, from very negative at the beginning of the year ...

  5. Property - International - MACROSCOPE

    Australia's housing revival sees shift towards high-rise apartments

    Posted Jul 22nd 2014, 12:31am by Reuters

    ... would be running hotter now to help offset a cooling mining sector, and only adds to the case for it keeping interest rates at a record low of 2.5 per cent for longer. The wait has already been interminable. While the central bank began cutting rates in late 2011, it took until the start of this year for home construction to come to life. There is no doubt a revival is finally under way. ...

  6. Property - International - CONCRETE ANALYSIS

    London’s less central areas will be next hot spots

    Posted Jul 21st 2014, 04:00pm by Selina McFall

    ... The already high rate of domestic purchasing is on an uptrend right now- Greater London's population is approaching 10 million, and potential buyers are coming back to the market in droves ...

  7. Property - Hong Kong & China

    Mont Vert studio flat in Tai Po sets record for cheapest new home

    Posted Jul 18th 2014, 02:52am by Sandy Li

    ... Of the 260 units on offer, 43 are studio flats, 20 are two-bedroom units and 197 are three-bedroom units. They are priced at HK$8,961 to HK$11,162 per square foot, while the going rates ...

  8. Property - Hong Kong & China - LEASING

    Office rents grew fastest in Shenzhen, new SCMP-DTZ index shows

    Posted Jul 15th 2014, 03:33pm by Peggy Sito

    ... Beijing rents declined about 0.1 per cent. In light of the rise in market activity in the office sector, vacancy rates have generally improved, although they fluctuated within a wider range in top-tier cities. In second-tier cities, vacancy rates were generally flatter and had varied within a range not exceeding 1 percentage point, Ness said. Chongqing is the only second-tier city ...

  9. Property - Hong Kong & China

    Mortgage loan curbs to stay until home prices fall, HKMA chief Norman Chan says

    Posted Jul 14th 2014, 11:40pm by Enoch Yiu

    ... the head of research at KGI Asia, said the HKMA policies had failed to lower home prices because interest rates remained low and supply and demand remained out of balance. "Property prices ... of measures, introduced in February last year, banks were told to test borrowers' ability to repay mortgages on the assumption that interest rates would go up by 3 percentage points. Earlier ...

  10. Property - International - GERMANY

    Home prices in Berlin outpace rents

    Posted Jul 16th 2014, 05:08am by Bloomberg

    ... take advantage of low interest rates. At the same time, legislators plan to introduce new rules to keep rents in check. Officials in cities including Hamburg, Berlin and Munich plan to make ...




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