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  • August 31, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Hainan cracks down on idle land parcels

    Posted Aug 25th 2014, 03:31am by Langi Chiang

    ... or around the lakes, are no longer in the government's hand. All are with enterprises. Some are developers, others are speculators," said Lin Qi, the president of developer Shuangda Group ... on the sidelines of a recent property forum in Boao, Hainan. The venue for the forum was developed by state-owned Cosco Group, the country's biggest shipping conglomerate. The company bought ...

    http://www.scmp.com/property/hong-kong-china/article/1580469/hainan-cracks-down-idle-land-parcels
  2. News - Hong Kong - PROPERTY

    Complaints of lying estate agents on the rise

    Posted Aug 01st 2014, 04:03am by FANNY FUNG

    ... Thirty practitioners had their estate agent licences revoked, marking an all-time high- but only four of them were disqualified for reasons related directly to their jobs. Two of them engaged ...

    http://www.scmp.com/news/hong-kong/article/1563669/complaints-lying-estate-agents-rise
  3. Property - Hong Kong & China - PROPERTY

    Chinese finance firms target Central offices

    Posted Aug 18th 2014, 03:56am by Peggy Sito

    ... They include banks, securities firms, asset managers and listed companies. For example, Beijing-based UCF Corporate Financial Group leased a whole floor in Two Pacific Place in Admiralty to accommodate ...

    http://www.scmp.com/property/hong-kong-china/article/1575679/chinese-finance-firms-target-central-offices
  4. Business - China Business - PROPERTY

    China Overseas Land’s contracted sales drop 45pc despite lifting of curbs

    Posted Aug 14th 2014, 09:37am by Langi Chiang

    ... month, China Overseas Land, together with its subsidiaries, bought two land parcels in the northern port city of Tianjin and Wuxi in Jiangsu province. The combined premium paid by the group ...

    http://www.scmp.com/business/china-business/article/1573320/china-overseas-lands-contracted-sales-drop-45pc-despite
  5. Business - Money - PROPERTY

    Former SHKP chairman Walter Kwok said to be seeking back-door listing

    Posted Aug 11th 2014, 11:33am by Sandy Li

    ... Capital Management fund manager Li Kwok-suen said. The market began to speculate about Kwok's plans after he changed the names of two private shell companies to Empire Group Consultants ...

    http://www.scmp.com/business/money/markets-investing/article/1571194/walter-kwok-said-seek-back-door-listing
  6. Property - Hong Kong & China - PROPERTY

    Land sale attracts keen interest as developers bank on smaller flats

    Posted Aug 09th 2014, 04:11am by Yvonne Liu

    ... developers including Far East Consortium International, Wang On Group, Soundwill Holdings and Chuang's China Investments. Surveyors said the site could be worth between HK$380 million and HK$518 ...

    http://www.scmp.com/property/hong-kong-china/article/1569594/land-sale-attracts-keen-interest-developers-bank-smaller
  7. News - China - PROPERTY

    End of the high life: Eccentric Beijing doctor's illegal penthouse villa is demolished

    Posted Aug 06th 2014, 06:04pm by Kathy Gao

    ... Biqing, who made his fortune in traditional Chinese medicine, on Tuesday invited a group of reporters from Beijing to survey what remained of his sprawling villa in northwest Beijing. Zhang showed ...

    http://www.scmp.com/news/china/article/1567702/end-high-life-eccentric-beijing-doctors-illegal-penthouse-villa
  8. News - World - PROPERTY

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

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

    ... and political and economic uncertainty, according to Thilo Hanemann, who tracks cross-border investment for the New York-based Rhodium Group. "A lot of people are trying to hedge against a generally bearish outlook for the Chinese economy," Hanemann said. "Buying real estate overseas has been, in the past, limited to a relatively small group of wealthy individuals ...

    http://www.scmp.com/news/world/article/1551334/more-wealthy-chinese-likely-buy-homes-united-states-analysts-say
  9. 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

    ... developers, such as the Wang On Group, are also taking part in the government's land sales. Last Thursday, a joint venture between Wang On and Kam Wah Holdings won the bidding for a site in Ma ...

    http://www.scmp.com/property/hong-kong-china/article/1543903/increase-land-supply-helps-small-developers-compete-big
  10. 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

    ... Sandy Li sandy.li@scmp.com Group offers discounts in cities with housing glut in its push to clear 5b yuan worth of stock Shimao looks to speed up sales of unsold units Shimao Property ... meeting yesterday. For instance, buyers of the group's New West Lake residential project in Hangzhou were offered a one-year rental subsidy of as much as 12,000 yuan while awaiting delivery. ...

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

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