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  1. HK home sales fall to 32-month low

    Posted Nov 03rd 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com Home sales in Hong Kong dropped to a 32-month low last month as the market fell victim to fears of a global economic recession, rising mortgage rates and credit ... developers have sped up their marketing of new projects over the past fortnight. Lau said he believed sales of new homes would rise in the next two months as potential buyers had regained confidence. ...

  2. UBS sees HK home prices falling

    Posted May 11th 2012, 12:00am

    ... Paggie Leung paggie.leung@scmp.com The sharp rise in home prices this year has scared off buyers and is unlikely to be sustained, UBS analyst Eva Lee says. 'There were about 8,000 ... in sales volumes shows the market can't accept current prices, which are already up by 6 per cent so far this year. That price surge cannot be sustained.' A fall in mortgage rates ...

  3. Property - International - INVESTMENT

    Investors plan to step up purchases of homes in United States, survey shows

    Posted Sep 26th 2012, 12:00am by Bloomberg

    ... of Realtors reported. The median price of an existing home climbed 9.5 per cent from a year earlier to US$187,400, while the annual sales pace rose to the highest level in two years. ... Bloomberg in Los Angeles Despite price rises, US investors still see good opportunities, say real estate researchers Landlords plan to step up their home purchases Almost two-thirds of US ...

  4. Rise in rates sends prices, sales tumbling

    Posted Sep 21st 2011, 12:00am

    ... in home loan rates turned the market sentiment from bad to worse,' she said. A sales director at Centaline Property Agency's Tuen Mun and Tin Shui Wai branches, Perry Fong Kai-ming, said ... Peggy Sito and Sandy Li A spate of bad news on the home front, including another rise in interest rates, has sent Hong Kong home prices and deal numbers tumbling. The latest blow to market ...

  5. Shimao shifting focus from hotels to homes

    Posted Feb 19th 2009, 12:00am by Sandy Li

    ... Sandy Li and Fulton Mak Shimao Property Holdings might slow down the pace of construction of some luxury hotels in second- and third-tier mainland cities to preserve funds for quick-return property developments, sources said. With a target for contracted sales of 15 billion yuan (HK$17.01 billion) this year, Shimao would make residential developments a priority, as hotels unusually ...

  6. Investors return to the fray as home prices strengthen

    Posted Nov 19th 2003, 12:00am by Peggy Sito

    ... Peggy Sito Buy-to-let investors are showing signs of returning to the market as confidence in the housing sector returns following a pick-up in home prices, estate agents say. ... sales manager at Centaline's Tung Chung branch, recommended that would-be landlords consider buying secondary market flats of 715 to 835 square feet at Tung Chung Crescent, valued at $1.5 ...

  7. China Railway Construction gets green light for initial share sale

    Posted Feb 15th 2008, 12:00am by Staff Reporter

    ... to start a roadshow for its A-share sale before the Lunar New Year, which fell on February 7. It won approval to float shares on January 23. But the regulator put off the offering amid concerns ... Construction's offering would still get a warm response at home due to the country's heavy building of railroads. Beijing has budgeted 1.25 trillion yuan for railway construction for the five years ...

  8. SMEs fuel luxury home prices

    Posted Aug 24th 2004, 12:00am by Louis Beckerling

    ... Margaret Leung. 'Manufacturers who made good money in China put some of their export revenues into luxury homes in Hong Kong this year- which is one of the reasons there was a turnaround ... homes in Hong Kong were up $6.61 billion, or almost 10 per cent, to $70.02 billion in the first six months, according to the lender's interim result, released earlier this month. ...

  9. HSBC's Peak asset for sale

    Posted Jul 05th 2006, 12:00am by Peggy Sito, Yvonne Liu

    ... offered its Fung Shui development, now serving as senior staff quarters, for sale through public tender. The property, at the junction of Pollock's Road and Plantation Road, has an estimated value of $750 million- the largest luxury residential site up for sale this year. Property consultants said the tender was made as the property sector, including luxury properties, was affected ...

  10. Planned sales ban will hit hard

    Posted Aug 24th 2005, 12:00am by Jamil Anderlini

    ... Jamil Anderlini in Beijing Central bank move to prevent pre-completion sales by mainland developers will change how deals are done Confidence in the mainland property market took another ... and bursting bubbles. At present, most developers get sufficient financing to see them through to the marketing stage, and then use the revenue from pre-completion sales to finish their projects. ...




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