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  • October 25, 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 ...

  2. Property - Hong Kong & China - SPECULATION

    Property speculators snap up small flats; prices too high for first-time buyers

    Posted Sep 16th 2014, 12:18pm by Yvonne Liu

    ... The government encouraged the building of small flats to increase housing supply in the belief they could be more affordable for first-time buyers and end-users. It has introduced restrictions ... These prices are out of reach of first-time buyers, but not investors. "The restriction on building small flats may help the government to fulfil its housing supply target easier. ...

  3. 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 ...

  4. 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 ...

  5. 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 ...

  6. 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. ...

  7. Property - Hong Kong & China - SECONDARY MARKET

    Used home prices fall in Shanghai for first time this year

    Posted Aug 12th 2014, 02:56pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com July housing costs in the city drop for the first time this year, but tight buying rules to remain Second-hand home prices lose momentum in Shanghai Home prices in the secondary market dropped in Shanghai last month for the first time this year, but the decline in Beijing eased, the SCMP-CTC index shows. The price for second-hand homes in Shanghai ...

  8. 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 ...

  9. 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 ...

  10. 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 ...




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