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  • September 22, 2014
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  1. Sweeteners now essential part of home-buyer diet

    Posted Sep 03rd 2003, 12:00am by Peggy Sito

    ... their residential projects. Faced with keen competition in a sagging home market, property developers are coming up with a multitude of preferential offers that cater to most needs, all aimed at drumming up sales. Yesterday, a consortium led by New World Development teamed up with Bank of East Asia to offer a cash rebate mortgage for buyers of its Parc Palais in Kings Park Rise, Kowloon. Buyers who ...

  2. Business - China Business - PROPERTY

    October ends strong run for mainland home sales

    Posted Nov 10th 2012, 12:00am by Yvonne Liu

    ... Sales of homes dip on mainland as developers cut sweeteners to bring in homebuyers The value of private housing sold on the mainland fell 6.8 per cent in October, despite strong sales ... "Home sales in early September and in previous months were very strong. Developers also sped up launches of their new projects and offered sweeteners to lure buyers, which is why sales were ...

  3. Business - Money - PROPERTY

    Home sales jump in month's first half

    Posted Aug 20th 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Home sales rise sharply in first half of August Hong Kong property sales surged in the first 16 days of August compared with the same period last month, ... sales of new and second-hand homes, as well as industrial and commercial properties and car-parking spaces, but the increase was mainly in home sales, Midland said. Because of a time lag ...

  4. 'Apply sale rules to all homes'

    Posted Aug 08th 2012, 12:00am

    ... law will promote greater transparency, but urged the government to extend its provisions to the secondary home market, as well as to the sale of commercial, retail, and industrial properties. ... been mislead while buying a home,' he said. Leland Sun, of Pan Asian Mortgage, who advocates applying the rule to secondary-market sales too, said: 'The new rules will hopefully ...

  5. Mainland home sales highest since 2009 on falling interest rates

    Posted Jul 28th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Buoyed by an overall improvement in sentiment and two interest rate cuts this month, home sales across the mainland have risen to a three-year high. Transactions ... indicated 229,035 flats were sold, up 72 per cent from a year ago. David Zhang, director of research at Centaline China in Beijing, attributed the strong sales to more than 40 cities slightly easing ...

  6. HK home sales falling amid fears of a bubble

    Posted May 30th 2012, 12:00am

    ... Paggie Leung paggie.leung@scmp.com Home sales continued to fall last week and are expected to drop further as sentiment among homebuyers sags because of the European debt crisis ... Territories, drops of 11 per cent and 10 per cent respectively on the previous week. David Chan said he believed secondary-home sales would fall a further 10 per cent this week, to about 150 ...

  7. Secondary-market home sales fall to 18-week low

    Posted Jun 06th 2012, 12:00am

    ... Yvonne Liu and Paggie Leung Sales of homes on the secondary market fell to an 18-week low for the week ended June 3, data from estate agency Ricacorp Properties show. Transactions in the 50 largest private housing estates monitored by Ricacorp were down 10 per cent on the previous week to just 150, from 167 the previous week. There were no sales at eight estates, including ...

  8. HK home sales fall to lowest point in 5 years

    Posted Jun 29th 2011, 12:00am

    ... Paggie Leung paggie.leung@scmp.com Home sales in Hong Kong last week were the lowest in more than five years due to the government's new limits on mortgages and proposals to resume building Home Ownership Scheme flats. Only 150 flat sales were recorded in the secondary market, according to data from the 50 largest housing estates monitored by Ricacorp Properties. The figure ...

  9. Mainland home sales drop further

    Posted Apr 14th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com The property downturn on the mainland continues unabated, with home sales in the first quarter dropping 17.5 per cent to 709.9 billion yuan (HK$874.4 billion) from the same period last year, according to the statistics bureau. With the central government maintaining measures to cool the market, overall property sales, including commercial ...

  10. Home sales rebound on mainland

    Posted Apr 13th 2012, 12:00am

    ... mortgage offers helped property sales rebound in Beijing. Sales of second-hand homes increased by 100 per cent to about 10,000 in March, while sales in the primary market grew about 60 per cent.' But Lee said the surge in sales would not be sustainable as the government was unlikely to relax restrictions on buying second homes. ...




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