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  • August 21, 2014
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  1. Property - Hong Kong & China - HOUSING

    Prices for new homes in China drop in record 64 cities

    Posted Aug 18th 2014, 10:30am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Relaxation of curbs in more than 30 cities fails to stimulate buying demand for new homes as the downturn worsens New home prices plunge in 64 cities A record number of mainland cities reported a drop in new home prices last month, official data showed yesterday, indicating that the property market downturn is deepening despite the relaxation ...

    http://www.scmp.com/property/hong-kong-china/article/1575915/home-prices-drop-record-64-mainland-cities
  2. Property - Hong Kong & China - HOUSING

    Prices rise amid tight supply of flats as sales decrease

    Posted Jul 22nd 2014, 02:56pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Sales down, prices up in tight market for flats Tight housing supply led to a decrease in secondary home sales in Hong Kong last week, but prices continue ... per cent from the 200 sales the previous week. But property prices increased for the eighth consecutive week, rising 0.2 per cent last week, the agency said. The Centa-City Leading Index from ...

    http://www.scmp.com/property/hong-kong-china/article/1557160/prices-rise-amid-tight-supply-flats-sales-decrease
  3. Property - Hong Kong & China - HOUSING

    Strong bidding for Xiamen land points to continued home price rises

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

    ... home price lift As temperatures rose into the mid 30s one recent Friday morning in Xiamen, residents were warned of the risk of heatstroke. But things were getting much hotter at the auction ... billion yuan (HK$4.24 billion) after 110 rounds of fierce and frenzied bidding that saw it beat out two keen rivals, including Hong Kong-listed China SCE Property Holdings. The price tag, ...

    http://www.scmp.com/property/hong-kong-china/article/1555915/strong-bidding-xiamen-land-points-continued-home-price
  4. Property - Hong Kong & China - HOUSING

    Decline in Beijing’s used home prices accelerates as Shanghai’s edge up

    Posted Jul 15th 2014, 03:18pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Beijing's used home prices fall faster The average asking price of second-hand homes fell 2.1 per cent in Beijing last month from May, the fastest pace so far this year, while they rose for a sixth month in Shanghai, by 0.6 per cent, the SCMP-CTC index shows. In year-on-year terms, the price of used homes in Beijing rose 15.1 per cent ...

    http://www.scmp.com/property/hong-kong-china/article/1553992/decline-beijings-used-home-prices-accelerates-shanghais
  5. Property - Hong Kong & China - HOUSING

    Hong Kong to see surge in tiny flats as demand remains strong

    Posted Jul 29th 2014, 04:08pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Demand for ever-smaller homes remains strong due to cheaper prices, with developers expected to build increasing numbers of shoe-box flats HK to see surge ... observers said. Demand for cheaper small flats would continue to rise, they said, since Hong Kong home prices have remained buoyant despite the government's introduction of new stamp duties. ...

    http://www.scmp.com/property/hong-kong-china/article/1561853/trend-towards-tinier-flats-seen-prices-rents-rise
  6. Property - Hong Kong & China - HOUSING

    Tai Po apartment project sells 400 Mont Vert units in first day despite 'no viewing' rule

    Posted Jul 27th 2014, 05:26am by Langi Chiang

    ... for bigger homes, as Mont Vert is priced below the secondary market, making a three-bedroom home affordable," said Sammy Po Siu-ming, Midland Realty chief executive for the residential property department. The launch prices at Mont Vert are regarded by industry observers as the lowest for a new project in Tai Po. Peter Wong, a director at Hong Kong Property Services, said almost all ...

    http://www.scmp.com/property/hong-kong-china/article/1560101/tai-po-apartment-project-sells-400-492-mont-vert-units
  7. News - Hong Kong - HOUSING

    High management fees likely for single-block developments, say property specialists

    Posted Jul 25th 2014, 03:42am by Olga Wong

    ... from HK$2,043 to HK$2,073 a month for their flats of 478 to 482 sq ft. Chan Kwok-hung, one of 12,500 people who applied in June to buy flats, attracted by prices of HK$641,100 to HK$897,300, ... Pok Fu Lam: HK$3-3.5 The Arch, West Kowloon, private flat with club facilities: HK$5 Note: Prices in terms of saleable area; sources: Centaline Property Agency, Housing Authority   ...

    http://www.scmp.com/news/hong-kong/article/1558541/high-management-fees-likely-single-block-developments-say-property
  8. Property - Hong Kong & China - HOUSING

    Home price inflation eases on mainland

    Posted Jun 18th 2014, 10:39am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Home prices on the mainland rose more slowly from a year earlier for a fifth consecutive month last month, official data showed on Wednesday. The figures add to concerns that a deeper-than-expected property downturn could take a severe toll on the wider economy. Analysts expect developers to cut prices further in the next few months ...

    http://www.scmp.com/property/hong-kong-china/article/1535425/home-price-inflation-eases-mainland
  9. Property - Hong Kong & China - HOUSING

    Gap between used home prices in Beijing, Shanghai continues to narrow

    Posted Jun 17th 2014, 03:06pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Secondary market in the capital slips for sixth month, while the financial hub adds to gains Price gap between Beijing and Shanghai narrows Secondary home prices slipped in Beijing last month for the sixth consecutive month, while they edged up in Shanghai for the fifth month in a row, narrowing the price gap between the mainland's two ...

    http://www.scmp.com/property/hong-kong-china/article/1533942/gap-between-used-home-prices-beijing-shanghai-continues
  10. Property - Hong Kong & China - HOUSING

    Positive sentiment bodes well for upcoming launches of new homes

    Posted Jul 08th 2014, 02:59pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Rising second-hand residential values help boost demand and prospects for developers' launches HK price rebound set to benefit upcoming projects The recent rebound in Hong Kong residential property prices and successful sales at new projects will release more pent-up demand in the market and benefit developers with upcoming launches, ...

    http://www.scmp.com/property/hong-kong-china/article/1549581/positive-sentiment-bodes-well-upcoming-launches-new-homes

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