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  1. Internal sales come under fire

    Posted Aug 25th 2004, 12:00am by Peggy Sito, Sandy Li

    ... Sandy Li and Peggy Sito Industry practitioners accuse developers of concealing true picture under cloak of pre-sales schemes The sales and marketing practices of developers are under attack from industry practitioners who claim that home seekers are not given sufficient information to make sound buying decisions. This week industry players warned homebuyers ...

  2. No early sales urged for Kingsford Terrace flats

    Posted Jun 17th 2004, 12:00am by Chloe Lai

    ... Terrace development in Ngau Chi Wan- built for subsidised sale but withdrawn from the market in 2002 to prop up prices- mothballed for 'several years' before the flats are sold to families who would have been eligible to buy them under the Home Ownership Scheme (HOS). Mr Shih wants it auctioned to recoup public funds, but on condition the buyer does not release the flats ...

  3. Kingsford Terrace sale still under discussion

    Posted Jun 10th 2004, 12:00am by Chloe Lai

    ... of the Home Ownership Scheme estates left in limbo by the suspension of subsidised-housing sales in November 2002. A source close to the talks said there was a 30 per cent difference between ...

  4. Housing Authority to cancel loan scheme

    Posted May 30th 2004, 12:00am by Patsy Moy

    ... Successful applicants can choose an interest-free loan or a monthly subsidy to buy private flats, second-hand Home Ownership Scheme Secondary flats or second-hand flat-for-sale scheme flats ... Home Assistance Loan scheme, affecting 10,000 potential homebuyers a year. The Housing Authority introduced the Home Assistance Loan Scheme to replace the Home Purchase Loan Scheme and the Home ...

  5. Home sales plunge to five-month low

    Posted Jun 01st 2004, 12:00am by Peggy Sito

    ... Price increases and economic concerns put paid to buying interest and rebound Home sales plummeted last month to their lowest level since December last year as the high-pricing strategies of developers and landlords, coupled with economic uncertainty, dampened buying sentiment. Centaline Property Agency estimated that registered sales of first-hand flats valued at less than $20 million ...

  6. Repulse Bay home sale to shed light on market

    Posted Jan 16th 2004, 12:00am by Staff Reporter

    ... Ernest Kong The sale of a luxury home in Repulse Bay could serve as a barometer for government sites in Island South- a district which has enjoyed surging sales this month. The 8,000 ... South had surged after Christmas, as investors expected properties there to have greater potential for gains than houses on the Peak. More than 30 sales of luxury homes had been recorded ...

  7. Property sales fall as home supply eases

    Posted May 05th 2004, 12:00am by Staff Reporter

    ... Ernest Kong Property sales fell last month, ending a sharp market rebound in the first quarter of this year that pushed residential prices up by more than 25 per cent. Residential and commercial sales lodged with the Land Registry last month were $33.2 billion, down 18.8 per cent from March. By volume, sales dropped 18.3 per cent to 11,378 units. However, this figure was 78.3 per ...

  8. Sale exposes folly of homes policy

    Posted Feb 11th 2004, 12:00am by Peggy Sito

    ... to an apparent end with the sale of a harbourfront housing estate in Hunghom to profit-driven developers. The controversial about-turn not only helped the Hong Kong developers pocket a hefty gain ... between Sun Hung Kai Properties and NWS Holdings, for nearly $1,800 per square foot, or $2.778 billion. The deal drew strong criticism from legislators and critics, who said the sale price was too ...

  9. Property plays buoyed by weekend home sales

    Posted Jan 20th 2004, 12:00am by Staff Reporter

    ... Nichole Chan Increased buying of property counters on strong weekend sales and developers' regained pricing power lifted the Hang Seng Index yesterday after it lost more than 200 ... a director at UOB Kay Hian. Property stocks were snapped up after residential sales over the weekend were reported to have risen to about 540 units from 470 units a week earlier with increased buying ...

  10. A revolution in space

    Posted Oct 03rd 2004, 12:00am by Peta Tomlinson

    ... a subconscious protest at the way the world is shrinking. Whatever the psychology behind it, the yearning to have more space in our homes is becoming ever stronger. It seems that the more space we have, ... Examples unveiled earlier this year at HomeTech in Germany- one of Europe's leading international trade fairs for household appliances- include an automatic pasta maker that eliminates ...




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