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  • October 22, 2014
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  1. Cooling measures slam brakes on home sales

    Posted Nov 23rd 2010, 12:00am by Nick Westra, Peggy Sito

    ... a plunge in home sales over the weekend. Analysts, however, believe the measures will not be adequate to stop a new wave of capital flowing into Hong Kong, and the city's property market ... much liquidity. Where can it go?' said Gaw, who expects to see sales volumes plunge but prices to correct only modestly. 'But it is a good move. At least, prices will stop ...

  2. Hong Kong home sales climb to highest level since 1997

    Posted Oct 02nd 2010, 12:00am by Sandy Li

    ... to Ricacorp Properties. The agency said both sales volume and value were the highest since 1997. Cheung Kong (Holdings) said it had sold 890 units at Oceanaire in Ma On Shan since it opened for sale ... and Kowloon City, partly driven by mainland investors. While SHKP declined to disclose the sales volume for The Valais, people familiar with the figures said about 67 units were sold yesterday, each ...

  3. Home sales fall sharply in festive period

    Posted Jan 29th 2009, 12:00am by Sandy Li

    ... Sandy Li Sweeteners fail to attract buyers Home sales during the Lunar New Year holiday nearly came to a standstill even though developers offered 'festival sweeteners' ... 'Home-buying interest will come back when developers begin marketing new projects next month,' Mr Wong said. Big developments in the sales pipeline include Sun Hung Kai Properties' newly ...

  4. Home sales surge to 17-month high on low interest rates

    Posted Jul 04th 2009, 12:00am by Yvonne Liu

    ... cent to HK$58.2 billion in June, compared with May. About 88 per cent of the total transactions were residential units. Home sales rose 17.1 per cent to 13,805 in June, while home sales value ... Yvonne Liu Property sales rose 20.5 per cent in June, a 17-month high as low interest rates continued to encourage buyers to enter the market. The Land Registry recorded 15,747 sale ...

  5. Hong Kong home sales lift Midland net 621pc

    Posted Sep 18th 2007, 12:00am by Charlotte So

    ... property sales were stimulated by a government programme to reduce the stamp duty for homes valued at HK$1 million to HK$2 million. Operating profit in the segment increased more than 52 times ... Kong's economy. Midland's net profit soared about 621 per cent to HK$230 million from HK$31.9 million a year earlier. Sales rose 67 per cent to HK$1.5 billion as brokerage income from ...

  6. Henderson Land expects home sales to top HK$10b

    Posted Feb 23rd 2007, 12:00am by Peggy Sito

    ... on the anticipation of an average 5 per cent rise in home prices, sales would reach more than HK$10 billion, he said. Local developers are expecting higher home sales this year because of the city's ... Peggy Sito Henderson Land Development aims to reap property sales of more than HK$10 billion this year as sentiment improves on the back of strong economic growth. The target ...

  7. Secondary home sales lag mood

    Posted May 02nd 2006, 12:00am by Staff Reporter

    ... Foster Wong Property market still subdued despite strong buying of new flats at the weekend Strong home sales over the weekend- led by Sino Land's Vision City- have yet to breathe ... increase compared with about 70 new units sold the previous weekend. Among the developers, Sino Land has taken the lead in the sales table. More than 300 units at its Vision City, a 1,466-unit ...

  8. Stamp duty cut and rates waiver to boost home sales

    Posted Mar 01st 2007, 12:00am by Klaudia Lee, Peggy Sito

    ... and industrial properties will have their rates waived for these two quarters. Centaline Property Agency executive director Louis Chan Wing-kit said home transactions valued at below $2 million currently ...

  9. Price cuts boost weekend home sales

    Posted Aug 21st 2006, 12:00am by Georgina Lee

    ... Georgina Lee Sun Hung Kai and Cheung Kong sell about 250 units each as discounts bring flats to levels of last year Weekend home sales by market leaders Sun Hung Kai Properties and Cheung ... in HK$2 billion from the sale of 600 units at Ocean Crest. 'The turnaround in transaction volumes this month compared to July is directly caused by developers' move to cut the selling ...

  10. Pachinko firm aims to win big at home with HK gamble

    Posted Jul 16th 2012, 12:00am

    ... sale would be a success, so 'we don't have to consider other markets'. Given recent market volatility, Sato said a relatively low issue price was preferable because 'if ...




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