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  • July 11, 2014
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  1. Recovery in mainland property market expected to be short-lived

    Posted Dec 09th 2008, 12:00am by Peggy Sito

    ... two months, Beijing has announced a series of measures targeting prospective homebuyers. These included lowering the deed tax to 1 per cent from 1.5 per cent for first-time buyers of flats under 90 square metres, lowering mortgage down payments to 20 per cent from 30 per cent and reducing mortgage rates to 70 per cent of base lending rates for both first-time buyers and those ...

    http://www.scmp.com/article/663071/recovery-mainland-property-market-expected-be-short-lived
  2. Property - Hong Kong & China

    Flood of empty homes exceeds needs of first-time buyers in China

    Posted Jun 11th 2014, 01:16am by Langi Chiang

    ... of first-time buyers The mainland's urban home vacancy ratio rose to 22.4 per cent last year from 20.6 per cent in 2011, and the estimated 49 million empty homes are more vulnerable to a slowdown ... million homes from first-time buyers and upgraders. "Vacant homes are more likely to cause losses and push owners into negative equity once home prices fall," said Gan Li, head ...

    http://www.scmp.com/property/hong-kong-china/article/1529585/flood-empty-homes-exceeds-needs-first-time-buyers-china
  3. Property - International - UNITED STATES

    Dearth of first-time buyers holds back housing rebound in US

    Posted May 07th 2014, 05:01am by Reuters

    ... Reuters in Omaha, Nebraska Despite favourable interest rates, difficulty in obtaining financing deters purchases Dearth of first-time buyers holds back housing rebound The chief executive ... of the market is the first-time homebuyer," he said. "Historically, they make up 40 per cent of the existing home market. In the past 18 months to two years, it has been 27 to 28 per cent. ...

    http://www.scmp.com/property/international/article/1505916/dearth-first-time-buyers-holds-back-housing-rebound-us
  4. Fewer buyers expected at electronics fair

    Posted Apr 14th 2009, 12:00am by Dennis Eng

    ... Development Council is trying to court first-time buyers from emerging markets such as India, Russia and the Middle East in an effort partially to offset the drop in buyers from developed countries. Brazilian buyer Fabiano Holzmann is attending the fair for the first time to source surveillance equipment such as closed-circuit television cameras. He said he was attracted by the lower prices ...

    http://www.scmp.com/article/676755/fewer-buyers-expected-electronics-fair
  5. Shanghai relaxes more rules on property sector

    Posted Dec 30th 2008, 12:00am by Sandy Li

    ... homes,' said Mr Luk. The Shanghai municipal government announced on Sunday it was introducing new measures allowing buyers of first and second homes to enjoy the same preferential mortgage terms. The new rules will cut transaction cost for purchasers of second homes because their mortgage rate will fall from 1.1 times the benchmark rate to 0.7 times- the same as for first-time buyers ...

    http://www.scmp.com/article/665257/shanghai-relaxes-more-rules-property-sector
  6. News - World - PROPERTY

    First-time buyers offered flatpack kit homes in the Netherlands

    Posted May 09th 2013, 12:00am by GDN

    ... The Guardian With developers put off by economic crisis, Dutch and Britons looking to own their homes are being offered architecturally designed kit houses First-time buyers go flatpacking ... of affordable architect- designed kit houses has just been launched. Aimed at first-time buyers, the city's "I build affordable in Nijmegen" initiative (IbbN) has paired 20 architects ...

    http://www.scmp.com/news/world/article/1233124/first-time-buyers-offered-flatpack-kit-homes-netherlands
  7. 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 ...

    http://www.scmp.com/news/hong-kong/article/1088699/home-loans-not-cards-first-time-buyers
  8. 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 ...

    http://www.scmp.com/property/hong-kong-china/article/1103061/shoe-box-rents-first-time-buyers-hang-fire
  9. 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 ...

    http://www.scmp.com/property/hong-kong-china/article/1073329/stamp-duty-good-news-first-time-buyers
  10. Property - Hong Kong & China - HONG KONG RESIDENTIAL

    First-time homebuyers responding well to discounts

    Posted Apr 01st 2014, 02:06pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com First-time buyers drawn to discounts The enthusiastic response to the sale of flats at Trinity Towers in Sham Shui Po at the weekend confirmed the existence of solid demand among first-time homebuyers, but the interest in homes requiring payment of a larger lump sum remained to be seen, agents said. Developers had accelerated the pace of marketing new ...

    http://www.scmp.com/property/hong-kong-china/article/1462391/first-time-homebuyers-responding-well-discounts

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