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  • July 12, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Hong Kong-listed Lai Fung pays record price for Shanghai parcel

    Posted Jul 10th 2014, 04:56am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Lai Fung bucks trend with Shanghai plot buy Shanghai sold a small residential parcel to Hong Kong-listed Lai Fung Holdings at a record price yesterday, ... Realty. "However, the record high price will not affect the souring sentiment in the real estate market." After a bumper 2013, the mainland's property market soured this year ...

    http://www.scmp.com/property/hong-kong-china/article/1550674/hong-kong-listed-lai-fung-pays-record-price-shanghai-parcel
  2. News - Hong Kong - PROPERTY

    Big interest expected in small flats at Fung Yuen, Tai Po

    Posted Jul 11th 2014, 11:39pm by Yvonne Liu

    ... to launch Mont Vert this month, and property agents expect prices will be more than HK$1.7 million, or HK$10,000 per sq ft. Anthony Man, a district manager at Centaline Property Agency, said: "The market response will depend on asking prices. But many people are interested in the project. "The demand for small flats in Tai Po from end-users has been very strong in recent ...

    http://www.scmp.com/news/hong-kong/article/1552394/big-interest-small-flats-fung-yuen-tai-po-expected
  3. News - Hong Kong - PROPERTY

    Legco unlikely to pass lawmaker's stamp duty refund plan

    Posted Jul 11th 2014, 03:55am by JEFFIE LAM, Yvonne Liu

    ... Party stalwart Lee Cheuk-yan said. "After all, we want to see a drop in property prices." Real estate agents say the markets for offices and industrial space attract more buyers ... Office sales have slumped to 408 transactions in the first half of the year, compared with 1,098 a year ago, the firm's data shows. But prices have climbed 4.5 per cent. Another amendment, ...

    http://www.scmp.com/news/hong-kong/article/1551408/legco-unlikely-pass-lawmakers-stamp-duty-refund-plan
  4. News - World - PROPERTY

    More wealthy Chinese likely to buy homes in United States, analysts say

    Posted Jul 11th 2014, 12:04am by BLOOM

    ... median price of US$199,575 for existing-home transactions. While Canadians bought more houses than the Chinese, they spent far less- a median of US$212,500 per residence, for a total of US$13.8 ... in the second quarter of this year, in part because of China's property slowdown." Buyers from China are driving up prices and fuelling new construction in Southern California areas ...

    http://www.scmp.com/news/world/article/1551334/more-wealthy-chinese-likely-buy-homes-united-states-analysts-say
  5. Property - Hong Kong & China - PROPERTY

    Hong Kong government, MTR to release five housing sites for sale

    Posted Jul 01st 2014, 04:11am by Yvonne Liu

    ... the offers submitted by developers failed to meet the reserve price. With many sites in the land sale programme yet to be rezoned for residential use, the government is facing a challenge to meet its ... are unable to release new sites at Kai Tak. Therefore, future land supply will mainly come from the New Territories." Property sales and prices have rebounded since March. "We don't ...

    http://www.scmp.com/property/hong-kong-china/article/1543931/hong-kong-government-mtr-release-five-housing-sites-sale
  6. Property - Hong Kong & China - PROPERTY

    Increase in land supply helps small developers compete with big firms

    Posted Jul 01st 2014, 04:11am by Sandy Li

    ... On Shan for HK$703.8 million. The site, close to the Ma On Shan Line, could yield a gross floor area of 200,210 sq ft, with a price of HK$3,315 per square foot. "It is our first time securing ... had effectively priced out small developers, so the firm turned to acquiring old buildings and redeveloping them into upmarket residential projects. However, the double stamp duty introduced ...

    http://www.scmp.com/property/hong-kong-china/article/1543903/increase-land-supply-helps-small-developers-compete-big
  7. Property - Hong Kong & China - PROPERTY

    Developers offer incentives to boost sales in Hangzhou

    Posted Jun 24th 2014, 05:58am by Sandy Li

    ... Sandy Li sandy.li@scmp.com With 120,000 homes unsold and prices down 1.4 per cent in the city last month, builders are seeking ways to attract buyers Developers offer incentives to boost sales in Hangzhou In Hangzhou, there could not have been a better time to buy a home. Last month, housing prices dropped the most among 70 mainland cities, forcing developers to come out ...

    http://www.scmp.com/property/hong-kong-china/article/1539197/developers-offer-incentives-boost-sales-hangzhou
  8. Property - Hong Kong & China - PROPERTY

    China's property sector primed for shake-up as downturn drains cash

    Posted Jun 26th 2014, 01:07am by Reuters

    ... Reuters Developer margins at lowest since 2011 as falling prices, tighter credit likely to force consolidation Shake-up seen as downturn puts strain on liquidity An oversupply ... family can buy. But the government crackdown is only part of the story. A downturn in property prices, pressure to pay for last year's record land purchases, and a tighter credit market have ...

    http://www.scmp.com/property/hong-kong-china/article/1540574/chinas-property-sector-primed-shake-downturn-drains-cash
  9. Property - Hong Kong & China - PROPERTY

    Shimao looks to speed up sales of unsold units in China

    Posted Jun 24th 2014, 05:58am by Sandy Li

    ... Holdings says it will destock half of its unsold units worth 10 billion yuan (HK$12.6 billion) that are carried over from last year and cut prices in cities suffering from a housing glut, according ... The promotion will last until June 30. "We have to adopt different price strategies as supply and demand varies in different cities. In cities like Nanjing and Xiamen, prices of our projects have ...

    http://www.scmp.com/property/hong-kong-china/article/1539196/shimao-looks-speed-sales-unsold-units-china
  10. Business - Money - PROPERTY

    China Vanke sees shares rise 10 per cent on Hong Kong debut

    Posted Jun 26th 2014, 01:07am by Langi Chiang

    ... no plans to issue new shares after listing in the city. The stock opened at HK$13.66, up sharply from its closing price of HK$12.41 in Shenzhen on June 3 but the initial surge was eventually pared to close yesterday at HK$13.28. Most analysts rated Vanke as a buy and gave a price target above HK$15 per share. Company founder and chairman Wang Shi told reporters the H-share float in Hong Kong ...

    http://www.scmp.com/business/money/markets-investing/article/1540587/china-vanke-sees-shares-rise-10-cent-hong-kong

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