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  • October 21, 2014
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  1. Home sales slip after policy address rebound

    Posted Nov 03rd 2010, 12:00am by Yvonne Liu

    ... Property sales ended lower last week after their initial rebound following last month's policy address. About 750 flats were sold from October 25 to 31 in the 50 leading housing ... said David Chan, a director at the firm. 'Many housing estates recorded more than 100 transactions during the month. Some now have very few flats available for sale after the strong ...

  2. New year provides a strong start for home sales

    Posted Jan 05th 2011, 12:00am by Peggy Sito

    ... Peggy Sito Hong Kong home sales got off to a strong start over the New Year as secondary market deals increased to a seven-week high for the period December 27 to January 2. Data compiled ... interest because of sustained low interest rates. Sales in the secondary market in the 35 major housing estates had plunged 80 per cent to 80 deals in the week from November 22 to 28 following ...

  3. Developers' shares, home sales plunge

    Posted Aug 17th 2010, 12:00am by Sandy Li

    ... in home sales over the weekend. Speculators' fingers are already getting burned by the government's move, which reduces mortgage loan availability for luxury and investment properties. ... of further decline in home prices. Financial Secretary John Tsang Chun-wah on Friday announced a ban on resales of new flats before the initial sale is completed. Banks, meanwhile, will have to cut ...

  4. CR Land net up 168pc on strong home sales

    Posted Aug 28th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu China Resources Land yesterday said strong property sales helped net profit jump 168 per cent to HK$3.46 billion for the six months to June. Turnover surged 267.5 per cent to HK$12.41 billion. Revenue from residential sales grew 368.6 per cent to HK$11.06 billion in the first half and sales volume rose 234 per cent to 813,779 square metres. The gross profit margin ...

  5. Centaline sues over sale of Tony Chan's home

    Posted Nov 14th 2009, 12:00am by Staff Reporter

    ... of the purchase price of the house if it entered into a binding purchase agreement with the vendor. The writ said a provisional sale and purchase agreement was made on July 21 between Brilliant Castle ... this transaction. The director of both Right Champ and Brilliant Castle is officially listed as a company called GNL09 Limited, which is owned by Stanley Lau Tat-hung and Lau Chun-ying. The sale ...

  6. HOS sales expected to have little effect on home prices

    Posted Mar 17th 2010, 12:00am by Staff Reporter

    ... not be affected by the sales. He said the government should not relaunch the Home Ownership Scheme because home owners would suffer if there was a sharp drop in prices. Secretary for Transport and Housing ... Ng Yuk-hang Selling 4,000 flats left over from the Home Ownership Scheme would would not be as effective as expected in cooling the property market, a key member of the Housing Authority ...

  7. Kingsford Terrace sale still under discussion

    Posted Jun 10th 2004, 12:00am by Chloe Lai

    ... of the Home Ownership Scheme estates left in limbo by the suspension of subsidised-housing sales in November 2002. A source close to the talks said there was a 30 per cent difference between ...

  8. Home-buying remains strong on increased secondary sales

    Posted Mar 17th 2010, 12:00am by Sandy Li

    ... Sandy Li Home-buying interest has shown no sign of abating as secondary sales volume increased for three straight weeks, with units offered in the mid-price range outperforming other ... Overall, home prices in the secondary market rose 0.6 per cent last week from the week before, Chow said. Flats being offered at HK$2.5 million to HK$5 million recorded the largest growth ...

  9. Secondary home sales reach 30-week high

    Posted Dec 16th 2009, 12:00am by Sandy Li

    ... a 30-week high,' said David Chan Tai-wai, a director at Ricacorp. Sales of second-hand homes on Hong Kong Island numbered 96. Of the total, 37 transactions were recorded in Taikoo Shing while ... Sandy Li Property sales in the secondary market rose sharply last week as buyers quickened their purchase decisions on improved sentiment, property agents say. There were 490 deals ...

  10. Secondary luxury home sales rise to 6-month high amid bargain hunting

    Posted Feb 07th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Sales of luxury properties in the secondary market last month rebounded to the highest level in six months, a sign that cashed-up buyers are taking advantage of the doom ... the increased activity at the top end of the market is unlikely to be a sign that the broader market is entering a recovery period. Overall sales of luxury residential property dropped 22 per cent ...




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