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  • November 27, 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. 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
  3. 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
  4. Business - Comment - MONITOR

    Beijing is only treating the symptoms, not their cause

    Posted Apr 01st 2013, 12:00am by Tom Holland

    ... of sales among homeowners anxious to book their profits before the new tax came into effect. But in the longer term, a 20 per cent capital gains tax will do nothing to deter speculative buyers. ...

    http://www.scmp.com/business/article/1204293/beijing-only-treating-symptoms-not-their-cause
  5. Business - Comment - MONITOR

    Excluding non-locals from flat sales could easily backfire

    Posted Sep 12th 2012, 12:00am by Tom Holland

    ... Tom Holland Move threatens to bring a triple-whammy to muddy eventual downturn, turning what would have been a healthy correction into a rout Excluding non-locals from flat sales could ... research Nicole Wong and her colleagues note that between 2004 and 2009, land sales in the city declined by 70 per cent. Allowing a two-year time lag for development, they go on to point out ...

    http://www.scmp.com/business/article/1034527/excluding-non-locals-flat-sales-could-easily-backfire
  6. Business - Property - PROPERTY

    HK new home sales to hit record high

    Posted Sep 24th 2012, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Residential sales forecast to soar to record highs Sales of new homes in Hong Kong could reach record highs over the next two years as developers accelerate ... billion. He forecast home prices would grow by a further 10 to 15 per cent from now until 2014. "Developers with the most projects available for sale can capitalise on high property prices ...

    http://www.scmp.com/business/article/1045174/hk-new-home-sales-hit-record-high
  7. 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
  8. 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
  9. Business - Companies - EARNINGS

    Hong Kong secondary home sales plunge to Sars-era levels

    Posted Mar 16th 2013, 12:00am by Paggie Leung

    ... home sales plunge to 2003 levels Secondary home sales have fallen to their lowest levels since the Sars outbreak in 2003, sparking a warning that the city's real estate industry is headed ... about 3,000 transactions in the secondary home market [last month], similar to that during the Sars period According to the Land Registry, the number and value of property sale and purchase ...

    http://www.scmp.com/business/companies/article/1191898/secondary-home-sales-plunge-2003-levels
  10. 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 ...

    http://www.scmp.com/business/china-business/article/1211816/home-sales-plunge-deep-freeze

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