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  • August 29, 2014
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  1. Business - China Business - PROPERTY

    Cooling measures cut China home sales

    Posted May 06th 2013, 12:00am by Peggy Sito

    ... measures cut mainland home sales Mainland home sales plunged last month after local governments fell in line with control measures demanded by Beijing. But agents and analysts said the impact ... according to a BNP Paribas report. By May 2, the number of cities had increased to 35, Xinhua reported. In reaction to the measures, sales of second-hand homes in Beijing last month fell 88.1 per ...

    http://www.scmp.com/business/china-business/article/1230861/cooling-measures-cut-china-home-sales
  2. Property - Hong Kong & China - PROPERTY

    Luxury homes taken off the market as big-ticket buyers refuse to pay top prices

    Posted Aug 04th 2014, 03:38am by Sandy Li

    ... luxury sector The withdrawal last week by two leading developers of the tender sale for their luxury homes, including one on the Peak, shows new signs of cooling in the top end of the market ... World Development separately announced they had withdrawn from sale seven luxury homes in two projects after the tender bids fell short of their asking prices. On offer from SHKP were two ...

    http://www.scmp.com/property/hong-kong-china/article/1565762/tender-flops-point-cooling-luxury-home-sector-hong-kong
  3. Business - Property - PROPERTY

    China home sales set to fall 50pc after new curbs

    Posted Apr 02nd 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Sales may plunge by as much as 50 per cent this month, after mainland cities unveil local cooling measures designed to curb price growth Mainland home sales set to fall Home sales across mainland cities this month are expected to drop as much as 50 per cent from last month, after local authorities announced detailed measures to cool the property ...

    http://www.scmp.com/business/article/1205090/china-home-sales-set-fall
  4. Business - Property - PROPERTY

    China homebuying fever set to cool as curbs bite

    Posted Apr 19th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Sales of new homes surge in March, with prices rising across the mainland, but buyers are already backing away from the market Homebuying fever to cool as curbs bite The latest round of cooling measures this month is expected to slow down homebuying on the mainland after scorching sales in March. Prices of new homes climbed in 68 out of 70 cities ...

    http://www.scmp.com/business/article/1217754/homebuying-fever-cool-curbs-bite
  5. News - Hong Kong - PROPERTY

    Home sales confusion looms ahead of new law

    Posted Mar 20th 2013, 12:00am by Joyce Ng

    ... Joyce Ng joyce.ng@scmp.com With developers issuing multiple brochures for the same projects before the new law kicks in, some homebuyers could also be at a disadvantage Home sales confusion looms The new law on flat sales may end up confusing buyers when it comes into force next month, as developers put out multiple brochures for the same projects. Preparations are in full ...

    http://www.scmp.com/news/hong-kong/article/1194914/home-sales-confusion-looms
  6. 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

    ... Langi Chiang langi.chiang@scmp.com China Overseas Land and Investment said contracted sales plunged 45 per cent last month from the previous month to HK$9.32 billion, a possible sign that a relaxation in housing policies on the mainland has failed to stimulate demand. Hong Kong-listed China Overseas Land is the biggest mainland developer by market value. The firm’s contracted sales ...

    http://www.scmp.com/business/china-business/article/1573320/china-overseas-lands-contracted-sales-drop-45pc-despite
  7. Property - Hong Kong & China - PROPERTY

    Government not serious about lower home prices, developer says

    Posted Aug 08th 2014, 11:21am by Langi Chiang

    ... homes are seen as another contradiction between Beijing's avowed concern over rising prices and the imperatives of local government fundraising. "In all the tightening campaigns ... told a forum in Boao on Thursday. "So they actually do not want home prices to fall. When home prices are just starting to fall and everyone says it's a good thing, the government ...

    http://www.scmp.com/property/hong-kong-china/article/1569027/government-not-serious-about-lower-home-prices-developer
  8. Business - Banking & Finance - PROPERTY

    Higher mortgage rates hit sales of new homes over weekend

    Posted Mar 18th 2013, 12:00am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Homebuyers purchase some 90 flats only over the weekend after banks raise mortgage costs New-home sales hit by higher rates First-hand home sales were ... offered special discounts for first-day buyers, as well as secondary home loans and subsidies on stamp duties. At Green Code's sales booths, agents outnumbered potential buyers, and some ...

    http://www.scmp.com/business/banking-finance/article/1193275/higher-mortgage-rates-hit-sales-new-homes-over-weekend
  9. Business - Companies - PROPERTY

    Cheung Kong aims for 5b yuan in Shanghai flat sales

    Posted Mar 25th 2013, 12:00am by Paggie Leung

    ... Paggie Leung in Shanghai paggie.leung@scmp.com Cheung Kong aims for 5b yuan in Shanghai flat sales Developer Cheung Kong is aiming to achieve annual flat sales of at least five billion ... residential sales on the mainland, which were close to two billion yuan last year, despite the central government maintaining a tight grip on the housing market. "Our annual sales target is over ...

    http://www.scmp.com/business/companies/article/1198976/cheung-kong-aims-5b-yuan-shanghai-flat-sales
  10. News - World - PROPERTY

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

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

    ... million. "Local people cannot afford these homes most of the time," Chen said. Sales of US houses to long-term foreign residents and non-resident buyers accounted for about 7 per cent ... homes Henry Nunez, a real estate agent in Arcadia, California, met so many homebuyers from China that he bought an app for his phone that translated Putonghua into English. The US$1.99 purchase ...

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

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