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  • August 22, 2014
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  1. 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 ...

  2. Property - Hong Kong & China - RESIDENTIAL

    High prices peg back Hong Kong home sales despite rise in supply

    Posted Sep 05th 2012, 12:00am by SANDY LI AND PAGGIE LEUNG

    ... 55 per cent to HK$7 million in three years. "The rapid rise in home prices is a bit crazy," said the young sales executive. "I have several friends who sold their flats ... week announced a 10-point plan to increase supply to stabilise home prices. The measures include the sale early next year of 830 Home Ownership Scheme (HOS) flats in Tin Shui Wai that were put ...

  3. Business - Property

    Weekend sales growth fails to lift outlook for secondary home market

    Posted Oct 08th 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Sales grow 13pc in secondary market Sales of second-hand homes rose over the weekend, but property agents expect a weakening secondary market in view of new ... for the remaining unsold units. Century Gateway has 1,075 units in the first-phase development. Vincent Chan Kwan-hing, chief executive of the residential department at Midland Holdings, expects home sales ...

  4. Business - Property - PROPERTY

    Hong Kong home sales spike as locals jump in to buy

    Posted Feb 05th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Residential rally expected to continue but secondary market could slow as developers step up marketing of new home projects Home sales spike as locals jump in to buy Home sales rebounded sharply last month, driven by local buyers unaffected by the government's new stamp duty provisions targeting overseas and corporate investors. Fuelled by excess ...

  5. Business - Property - PROPERTY

    Fears of more intervention as home sales rebound

    Posted Feb 04th 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Transactions rise but analyst warns pool of buyers shrinking as official measures mount Fears of more intervention as home sales rebound Home sales and prices have begun to rebound in Hong Kong, triggering concerns that the government might intervene again to keep the lid on demand if activity gains too much momentum. Sales and prices have ...

  6. Property - Hong Kong & China - TRENDS

    Rush of releases sees new home sales up fivefold

    Posted Sep 26th 2012, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Rush of releases sees new-home deals up fivefold Sales of new homes rose more than fivefold last week as project releases attracted end-users and investors. Led by sales at Century Gateway, in Tuen Mun, and Double Cove, in Ma On Shan, about 260 new homes were sold over the weekend, up from just 49 deals done in the previous week. The big jump in sales ...

  7. Property - Hong Kong & China - SECONDARY MARKET

    Home Ownership Scheme changes will hurt private sales

    Posted Dec 05th 2012, 12:00am by Yvonne Liu

    ... Yvonne Liu Yvonne.liu@scmp.com Now that people can afford to buy bigger flats for less under the My Home Purchase Plan, prices of small private flats will suffer H.O.S. changes will depress sales Prices of small flats on sale in the secondary market are likely to come under downward pressure as a result of increased competition for buyers. That's because they will now ...

  8. Property - Hong Kong & China - PROPERTY

    Sale of Jordan and Tseung Kwan O attract flurry of bids

    Posted Dec 08th 2012, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Strong interest in two residential plots reveals price cooling taxes have not deterred developers Land sales attract flurry of bids A small residential ... in home prices. A larger site in Tseung Kwan O drew six submissions, the Lands Department said. Surveyors estimate the two sites would fetch the government between HK$2.1 billion and HK$2.33 ...

  9. Home sales slow as buyers await poll outcome

    Posted Mar 19th 2012, 12:00am

    ... Sandy Li and Yvonne Liu The prospect of changes to the city's property policy under a new chief executive has slowed home sales, as the market seeks to gauge the impact a new ... property sales may decline quite sharply because of the uncertainties about a new incoming administration. For instance, weekly home sales plunged by nearly 14 per cent to 467 after Beijing ...

  10. Home sales face hit from mainland slowdown

    Posted Dec 14th 2011, 12:00am

    ... greater interest, however the holding power of the sellers remains strong and distressed sales in the market are not envisaged.' On the office market, it expects average rents might fall ...




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