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  1. Retail sites offer members a byte of the cherry

    Posted Mar 18th 2009, 12:00am by Kavita Daswani

    ... Kavita Daswani Entrepreneurs in Europe and the US- and, lately, in Hong Kong- have taken the thrill of a sample or warehouse sale and brought it to the consumer's front door. Well, to their computer, at least. Online retailers of samples or overstocks are offering luxury and emerging brands to their members who are drawn by the low prices. And although retail sales are slumping across ...

  2. Storm over home prices triggers plunge in sales

    Posted Nov 07th 2009, 12:00am by Peggy Sito

    ... Peggy Sito Luxury and mass market home sales in Hong Kong have plunged over the past two weeks, as buyers wait for government measures that are expected to push prices lower. Market ... sales of luxury home valued at HK$20 million or above fell 42.38 per cent to 87 deals, against 151 lodged with the government in September, according to Lau. Last month's figure, however, ...

  3. Dull sales may not be linked to second-home rules

    Posted Aug 26th 2009, 12:00am by Yvonne Liu

    ... Fulton Mak and Yvonne Liu Home sales in major mainland cities slowed down over the past few weeks, but analysts believe it has little relation to the reiteration of strict enforcement of higher down payment ratio for second-home buyers. Property sales in Shenzhen primary market recorded the sharpest drop among major cities in July, down 18 per cent month on month to 540,000 ...

  4. Centaline sues over sale of Tony Chan's home

    Posted Nov 14th 2009, 12:00am by Staff Reporter

    ... of the purchase price of the house if it entered into a binding purchase agreement with the vendor. The writ said a provisional sale and purchase agreement was made on July 21 between Brilliant Castle ... this transaction. The director of both Right Champ and Brilliant Castle is officially listed as a company called GNL09 Limited, which is owned by Stanley Lau Tat-hung and Lau Chun-ying. The sale ...

  5. Residential home sales drop as new project launches dry up

    Posted Sep 09th 2009, 12:00am by Staff Reporter

    ... launches. However, analysts expect the market to heat up again when more projects are launched for sale shortly. La Grande Vineyard, developed by Sun Hung Kai Properties in Ngau Tam Mei, Yuen Long, led the weekend sales chart with 16 units sold for between HK$6,800 and HK$9,000 per square foot. The low-density residential project offers 28 villas at about 2,500 to 2,900 square feet, ...

  6. Home sales rebound after cost cuts

    Posted Nov 18th 2009, 12:00am by Peggy Sito

    ... Peggy Sito Home sales in the secondary market rebounded last week after flat owners cut prices to entice buyers amid weakening market sentiment. A total of 303 homes changed hands during ... was confirmed in data compiled by Midland Realty that showed 135 home sales were completed in the 35 housing estates it monitored- up 31 per cent over the previous week. Secondary market sales had ...

  7. Tourist zones offer fewer restrictions

    Posted Dec 02nd 2009, 12:00am by Staff Reporter

    ... Restrictions on second-home ownership in Switzerland are tight. In some of the 26 cantons, foreigners cannot buy or invest in holiday homes. In others, they can buy only certain types of property. In Geneva, where restrictions are tightest, foreigners can only buy a home if they work in the city. Non-resident, non-Swiss people could buy property most easily in tourist zones that had ...

  8. Secondary home sales reach 30-week high

    Posted Dec 16th 2009, 12:00am by Sandy Li

    ... a 30-week high,' said David Chan Tai-wai, a director at Ricacorp. Sales of second-hand homes on Hong Kong Island numbered 96. Of the total, 37 transactions were recorded in Taikoo Shing while ... Sandy Li Property sales in the secondary market rose sharply last week as buyers quickened their purchase decisions on improved sentiment, property agents say. There were 490 deals ...

  9. Home sales at Cyberport may net HK$18b

    Posted Mar 04th 2009, 12:00am by Paggie Leung

    ... Paggie Leung Home sales at the Cyberport development will ultimately net the government up to HK$18.03 billion, according to the latest forecast, more than double the HK$8.6 billion ... from the sale of flats at Cyberport as of last month. 'Based on the latest forecast [in January] by the developer [PCCW], a cumulative total of up to HK$18.03 billion in surplus ...

  10. Sluggish outlook as home sales fall

    Posted Oct 08th 2009, 12:00am by Peggy Sito

    ... Peggy Sito Home sales activity on the mainland declined last month, traditionally a peak period for property transactions, as some analysts forecast a lacklustre 2010. The floor area ... demand that was released in the first half, pushing up prices and sales volume. 'The peak period of property sales has been put forward to the first half,' he said. Wu does not expect ...




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