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  • November 29, 2014
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  1. Property - Hong Kong & China - EARNINGS

    Midland losses narrow as new homes sales rebound

    Posted Aug 27th 2014, 01:27am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Turnover rises 8.1pc but the company chairman says he expects the second half to remain hard Midland losses narrow as new home sales rebound A sharp rebound in sales of new homes and cost control measures helped Hong Kong's only listed realtor, Midland Holdings, to cut losses by more than half in the first six months of the year. Chairman Freddie ...

  2. Property - Hong Kong & China

    July home sales soar to 6-year high as discounts, new projects attract buyers

    Posted Jul 30th 2014, 01:22am by Sandy Li

    ... as home sales hit 6-year high The strategy of using discounts to boost sales has pushed up Hong Kong developers' turnover to the highest in six years and their stocks to 52-week highs as buyers snapped up HK$26 billion worth of new homes this month. The brisk sales and an upgrade of the property sector by Morgan Stanley yesterday drove up shares of Cheung Kong (Holdings), ...

  3. Business - China Business - PROPERTY

    Home sales plunge into deep freeze

    Posted Apr 11th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Tough new cooling measures send chill through the mainland market for second-hand flats Home sales plunge into deep freeze A week after most mainland cities announced details of the latest round of State Council-ordered cooling measures, home sales in the secondary market across the country plunged as much as 90 per cent. Sales of second-hand homes ...

  4. Property - Hong Kong & China

    First-half home sales to soar 50pc as Hong Kong developers clear backlog

    Posted Jun 19th 2014, 12:55am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Builders seen collecting more than HK$60b in first half amid renewal of buying sentiment Sales to soar as developers cash out Sales of new homes are set to surpass HK$60 billion in the first half of this year as developers seek to cash out while the going is good. The estimated sales value for the first six months, say industry observers, is about 50 ...

  5. Property - Hong Kong & China - MAINLAND

    H7N9 bird flu not behind slowing Shanghai home sales, agents say

    Posted Apr 10th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Bird flu 'not behind slowing Shanghai sales' Home sales in Shanghai have been hit by policy measures aimed at curbing demand, not by fears of another ... than 98,000 poultry, and all live poultry markets have been shut. But Lau said a decline in home sales in Shanghai was more likely the result of the recent tightening of mortgage loan ...

  6. Property - Hong Kong & China - LAND SALES

    Lohas Park sale takes MTR closer to hitting homes target

    Posted Nov 27th 2014, 05:01am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Lohas sale takes MTR closer to homes goal The MTR Corp yesterday sold a site in Lohas Park to Wheelock Properties at the lowest price in 10 years in that area. The sale of the 1,600-unit fifth phase residential project at Lohas Park puts MTR Corp on track to meet its land-sale target of providing 4,600 units for the three months to December. Along ...

  7. Surge in home sales quickly loses steam

    Posted Dec 12th 2008, 12:00am by Sandy Li

    ... Shenzhen, Beijing and Shanghai. Sales of new homes in Shenzhen, worst hit by earlier cooling measures, with prices tumbling up to 50 per cent since the second quarter of last year, shot up 90 per ... Sandy Li Job losses and wage fears to curb mainland market Nearly all mainland cities registered a sharp rise in residential sales last month, underpinned by recent interest rate cuts ...

  8. Golden week home sales fail to sparkle

    Posted Oct 08th 2008, 12:00am by Sandy Li

    ... high over the holiday period, helping to drive sales higher. The golden week runs from September 29 to October 5 and is traditionally a peak period for home buying. The autumn sales data ... Sandy Li Deal volumes fall to their lowest level in 10 years The 'golden week' national holiday failed to deliver its traditional boost to property sales and deal volumes across ...

  9. Shanghai, Hangzhou in bid to boost home sales

    Posted Oct 16th 2008, 12:00am by Sandy Li

    ... far to boost sales, according to real estate agents. Shanghai's public housing agency has raised its ceiling on mortgage lending to households by 20 per cent to as much as 600,000 yuan ... city to join a dozen of other local authorities propping up sales, he said relaxation of one rule was not enough to fuel transactions. Homebuyers, who in general asked for a discount of up ...

  10. Rates and rising wages drive up home sales

    Posted Feb 03rd 2007, 12:00am by Sandy Li

    ... Sandy Li Salary increases and stable interest rates helped registered home sales climb last month to their highest since November last year. The total number of registered ... was responsible for the rise in home sales last month. Sales of second-hand homes jumped 14.9 per cent to 6,621 last month from December, he said. 'We have seen more potential buyers shopping ...




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