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  • August 22, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Luxury homes taken off the market as big-ticket buyers refuse to pay top prices

    Posted Aug 04th 2014, 03:38am by Sandy Li

    ... luxury sector The withdrawal last week by two leading developers of the tender sale for their luxury homes, including one on the Peak, shows new signs of cooling in the top end of the market ... World Development separately announced they had withdrawn from sale seven luxury homes in two projects after the tender bids fell short of their asking prices. On offer from SHKP were two ...

    http://www.scmp.com/property/hong-kong-china/article/1565762/tender-flops-point-cooling-luxury-home-sector-hong-kong
  2. Property - Hong Kong & China - NEW HOMES

    New home prices jump 19pc in Tianjin but fall in 7 other cities

    Posted Aug 12th 2014, 01:50pm by Langi Chiang

    ... in June, boosted partly by sales of government-subsidised affordable homes. However, it fell in Shanghai to 686,000 sq metres from 1.29 million sq metres. ... Langi Chiang langi.chiang@scmp.com Tianjin prices soar 19pc but other major cities see falls Tianjin led gainers in new home prices among the top mainland cities last month. Prices ...

    http://www.scmp.com/property/hong-kong-china/article/1572007/new-home-prices-jump-19pc-tianjin-fall-7-other-cities
  3. Business - China Business - PROPERTY

    China Overseas Land’s contracted sales drop 45pc despite lifting of curbs

    Posted Aug 14th 2014, 09:37am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com China Overseas Land and Investment said contracted sales plunged 45 per cent last month from the previous month to HK$9.32 billion, a possible sign that a relaxation in housing policies on the mainland has failed to stimulate demand. Hong Kong-listed China Overseas Land is the biggest mainland developer by market value. The firm’s contracted sales ...

    http://www.scmp.com/business/china-business/article/1573320/china-overseas-lands-contracted-sales-drop-45pc-despite
  4. Property - Hong Kong & China - RESIDENTIAL

    Beijing and Shenzhen set to relax curbs on mass residential sales

    Posted Aug 13th 2014, 02:29pm by Yvonne Liu

    ... on the sale of luxury flats in the capital last month, with new projects with an asking price of 40,000 yuan per sq m (HK$50,340) or more allowed to be released for sale. New homes with an asking ... Yvonne Liu yvonne.liu@scmp.com The relaxation of home purchase restrictions on the mainland’s mass residential sector might be extended to Beijing and Shenzhen, the Shanghai Securities ...

    http://www.scmp.com/property/hong-kong-china/article/1572803/beijing-and-shenzhen-set-relax-curbs-mass-residential-sales
  5. Property - Hong Kong & China - BRICKS & MORTAR

    What can the government really do about home prices in Hong Kong?

    Posted Aug 11th 2014, 11:07am by Yvonne Liu

    ... Yvonne Liu With new towns crucial for boosting supply, Hongkongers must learn to strike a balance More can be done to cool home prices, but solution involves us Hong Kong property prices ... index for private homes climbed to a record 249.8, 4.1 per cent higher than its level before the government released several measures in February last year. Property prices have rebounded ...

    http://www.scmp.com/comment/insight-opinion/article/1571184/what-can-government-really-do-about-home-prices-hong-kong
  6. Property - Hong Kong & China

    Home sales spike over long weekend

    Posted Jun 03rd 2014, 01:31am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Cheung Kong's City Point fuelled interest that spread to buyers in the secondary home market Home sales spike over long weekend Hong Kong home sales ... -seekers who failed to buy the flats at City Point last Saturday have turned to the secondary market. The strong sales of the project also encouraged other home-seekers to buy flats." About 23 ...

    http://www.scmp.com/property/hong-kong-china/article/1524091/home-sales-spike-over-long-weekend
  7. Business - China Business - PROPERTY

    Cooling measures cut China home sales

    Posted May 06th 2013, 12:00am by Peggy Sito

    ... measures cut mainland home sales Mainland home sales plunged last month after local governments fell in line with control measures demanded by Beijing. But agents and analysts said the impact ... according to a BNP Paribas report. By May 2, the number of cities had increased to 35, Xinhua reported. In reaction to the measures, sales of second-hand homes in Beijing last month fell 88.1 per ...

    http://www.scmp.com/business/china-business/article/1230861/cooling-measures-cut-china-home-sales
  8. Property - Hong Kong & China

    For sale: HK$819m house on Hong Kong's Peak is world’s most expensive per square foot

    Posted Aug 07th 2014, 11:39am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Ignoring the Hong Kong government’s attempt to rein in home prices, Sun Hung Kai Properties (SHKP) is offering a super-deluxe house on The Peak for HK$175,735 per square foot. If it fetches that amount, it will be the world’s most expensive home in terms of price per square foot. SHKP released the price list of the 12 houses at Twelve Peaks in 12 ...

    http://www.scmp.com/property/hong-kong-china/article/1568173/hk819m-house-peak-would-be-worlds-priciest-square-foot
  9. Business - Property - PROPERTY

    China home sales set to fall 50pc after new curbs

    Posted Apr 02nd 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Sales may plunge by as much as 50 per cent this month, after mainland cities unveil local cooling measures designed to curb price growth Mainland home sales set to fall Home sales across mainland cities this month are expected to drop as much as 50 per cent from last month, after local authorities announced detailed measures to cool the property ...

    http://www.scmp.com/business/article/1205090/china-home-sales-set-fall
  10. Business - Property - PROPERTY

    China homebuying fever set to cool as curbs bite

    Posted Apr 19th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Sales of new homes surge in March, with prices rising across the mainland, but buyers are already backing away from the market Homebuying fever to cool as curbs bite The latest round of cooling measures this month is expected to slow down homebuying on the mainland after scorching sales in March. Prices of new homes climbed in 68 out of 70 cities ...

    http://www.scmp.com/business/article/1217754/homebuying-fever-cool-curbs-bite

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