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  • April 16, 2014
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  1. News - Hong Kong - HOUSING

    Home loans 'not on the cards for first-time buyers'

    Posted Nov 23rd 2012, 12:00am by Olga Wong, Thomas Chan

    ... the cards for first-time buyers' The housing minister, Professor Anthony Cheung Bing-leung, said the government had yet to consider offering loans for first-time buyers, despite the idea being ... to offer loans to first-time buyers in one to two years when flat supply was sufficient, easing the burden of large mortgages among the middle class. He also suggested increasing the number ...

  2. Property - Hong Kong & China - COOLING MEASURES

    'Shoe box' rents up as first-time buyers hang fire

    Posted Dec 12th 2012, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com 'Shoe box' rents up as first-time buyers hang fire Rents for "shoe box" flats in urban areas have risen rapidly recently and in some cases now exceed rents fetched in blue-chip housing estate Taikoo Shing. Driving the sharp increases, say agents, is a growing number of prospective first-time buyers who are choosing to delay ...

  3. Property - Hong Kong & China - HONG KONG

    Stamp duty good news for first-time buyers

    Posted Oct 31st 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Stamp duty on corporate and non-local homebuyers will help those hoping to buy their first flat, with drop in prices forecast New buyers' hopes rise ... years, with the levy on homes sold within one to three years of purchase rising to 10 per cent. Tsang also announced a buyer's stamp duty of 15 per cent would be payable on property bought ...

  4. Loan lift for first-time buyers

    Posted Mar 03rd 2012, 12:00am

    ... of homes for first-time buyers. The banks, Industrial & Commercial Bank of China, China Construction Bank, Bank of China and Agricultural Bank of China, will also speed up loan approval processes for developers and first-time buyers, according to Financial News, a publication run by the People's Bank of China. The four banks said they would actively provide mortgages ...

  5. Extra aid for first-time home buyers on mainland

    Posted Feb 09th 2012, 12:00am

    ... first-time home buyers. He said potential buyers still needed to digest the news and the impact would be seen in coming weeks after more details were released. Although the physical property market ... not officially announced details of any move to support first-time buyers. 'Banks have told us that they will access mortgage loan applications for first-time purchasers at a five per cent discount ...

  6. First-time buyer in HK$9m record deal

    Posted Mar 18th 2012, 12:00am

    ... Michael Cox michael.cox@scmp.com A first-time owner shelled out a Hong Kong International Sale record HK$9 million for a two-year-old son of boom sire Fastnet Rock on the advice of rookie ... and prepared for nearly 12 months to be resold to an eager group of buyers. Chief executive Winfried Engelbrecht-Bresges said the sale wasn't a money-making exercise. 'There is a sound demand ...


    Taiwan hosts mainland stars for first time at Chinese Music Chart concert

    Posted Dec 31st 2012, 12:00am by AFP

    ... the prior approval of Taiwanese authorities, organisers of the Chinese Music Chart unilaterally announced last month that an awards ceremony would be held in Taipei for the first time since ...

  8. News - Hong Kong - LAW

    Top prosecutor Kevin Zervos calls for leniency for first-time offenders

    Posted Dec 24th 2012, 12:00am by Stuart Lau

    ... prosecutor has called for "compassionate treatment" of first-time offenders guilty of minor crimes, saying it could be an effective way of discouraging them from getting on the wrong side of the law again. Director of Public Prosecutions Kevin Zervos told the South China Morning Post that successful convictions and harsh penalties are not necessarily a deterrent for first-time ...

  9. News - China - POLITICS

    Guangdong unveils NPC nominees list for first time ever

    Posted Dec 18th 2012, 12:00am by Mimi Lau

    ... Mimi Lau in Guangzhou mimi.lau@scmp.com Public given seven days to comment on 150 candidates, but the gesture is seen as a formality as most appointments have already been decided Guangdong discloses NPC nominees list for first time Guangdong has for the first time released for public scrutiny a list of 150 provincial candidates for membership of the National People's ...

  10. News - China - POLITICS

    Beijing sends ships to Diaoyus for first time since Japanese elections

    Posted Dec 22nd 2012, 12:00am by AFP

    ... overflew the area. Japan said it was the first time China had breached its airspace since at least 1958. Tokyo scrambled fighter jets in response. But the State Oceanic Administration vessels have ...




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