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  • November 28, 2014
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  1. Home sales figures show sharp fall

    Posted Oct 30th 2006, 12:00am by Eric Ng

    ... less than the HK$24.1 billion for the same period last month, Ricacorp Properties said in a statement yesterday. Of the total, new home sales plummeted 65.1 per cent to HK$4.1 billion over the period, while secondary home sales dropped 7.9 per cent to HK$11.36 billion. Figures at the registry normally reflect transactions conducted in the previous two to four weeks. 'The sharp fall ...

  2. Home sales rise to 15-month high

    Posted Oct 05th 2006, 12:00am by Peggy Sito

    ... Peggy Sito and Maria Chan Residential launches, special mortgage offers trigger 40pc jump in transactions Home sales jumped almost 40 per cent last month to the highest in 15 months ... and 61.5 per cent from HK$17.93 billion a year ago. The surge in home sales also pushed up total property transactions, including offices, factories and shops, by 29.8 per cent month on month ...

  3. Mortgage war breathes new life into home sales

    Posted Feb 27th 2006, 12:00am by Staff Reporter

    ... Foster Wong The property market continues to show signs of a revival, with an escalating mortgage war sparking growing interest among would-be buyers. Secondary home sales in Hong ... by the active sales in the secondary market,' said Cheung Kong (Holdings) executive director Justin Chiu Kwok-hung. 'The real estate market will continue to pick up because property is usually ...

  4. Rate fears pull home sales down 8.5pc

    Posted Jul 05th 2006, 12:00am by Staff Reporter

    ... Foster Wong Sentiment fragile as buyers wait and firms delay launches Home sales dropped 8.5 per cent last month as rising interest rates hurt market sentiment. The Land Registry recorded ... place in the previous month due to the lengthy registration process. Home sales value amounted to $19.4 billion, down 16.9 per cent from May and 36.6 per cent lower than the amount for June last ...

  5. Rate cuts lift home sales

    Posted Feb 22nd 2006, 12:00am by Peggy Sito

    ... Peggy Sito Last week's mortgage offers are brightening prospects for cautious buyers Secondary home sales jumped 40per cent last week as interest rate cuts boosted a market that has been sluggish for eight months. Property agents said cautious home seekers were more willing to shop after HSBC announced a cut in its mortgage rate last Wednesday and other banks followed ...

  6. New projects fuel surge in home sales

    Posted Jun 03rd 2006, 12:00am by Staff Reporter

    ... Foster Wong Deals rise 14.1pc by volume and 15.5pc by value despite uncertainty over interest rates Hong Kong's home sales rose 14.1 per cent by volume last month as new project ... but shrank 49 per cent from a year ago, Land Registry's figures showed. The Land Registry's home sales figure mainly reflects property sales that took place in the previous month due ...

  7. Self-regulatory panel to clamp down on dubious home sales

    Posted Nov 08th 2006, 12:00am by Audrey Parwani

    ... action over dubious home sales practices. It will also require members to submit an auditor's certification before sales to show they have complied with its guidelines. Vice-president ... letter or private reprimand to, in more serious cases, a public reprimand. The association says it will also set a new requirement for developers in future sales to submit an auditors' ...

  8. Cheung Kong feels home sales pinch

    Posted Aug 25th 2006, 12:00am by Peggy Sito

    ... as developers delayed home sales to wait for better housing market sentiment. The residential market has slowed as homebuyers have hesitated to buy amid rising interest rates. Cheung Kong's ... Peggy Sito Cheung Kong (Holdings) said underlying first-half earnings dived 36.7 per cent as sales dropped amid a sluggish housing market. Profit excluding contributions from associate ...

  9. Golden week home sales in China fail to shine

    Posted Oct 11th 2006, 12:00am by Peggy Sito

    ... Peggy Sito Home sales in key cities during the National Day golden week holiday were slower than the activity in May's golden week, according to property agents. Home seekers are hesitant to enter the market after Beijing announced austerity measures to cool rising property prices. 'The market has become quiet as home buyers adopted a wait-and-see attitude,' said ...

  10. Secondary home sales lag mood

    Posted May 02nd 2006, 12:00am by Staff Reporter

    ... Foster Wong Property market still subdued despite strong buying of new flats at the weekend Strong home sales over the weekend- led by Sino Land's Vision City- have yet to breathe ... increase compared with about 70 new units sold the previous weekend. Among the developers, Sino Land has taken the lead in the sales table. More than 300 units at its Vision City, a 1,466-unit ...




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