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  • August 22, 2014
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  1. News - Hong Kong - PROPERTY

    Home sales confusion looms ahead of new law

    Posted Mar 20th 2013, 12:00am by Joyce Ng

    ... Joyce Ng joyce.ng@scmp.com With developers issuing multiple brochures for the same projects before the new law kicks in, some homebuyers could also be at a disadvantage Home sales confusion looms The new law on flat sales may end up confusing buyers when it comes into force next month, as developers put out multiple brochures for the same projects. Preparations are in full ...

    http://www.scmp.com/news/hong-kong/article/1194914/home-sales-confusion-looms
  2. News - China

    Shenzhen announces tougher measures for new flats

    Posted Mar 13th 2013, 11:50am by Amy Li

    ... Days after China’s State Council introduced a 20 per cent capital gains tax on home sale profits, Shenzhen announced even tougher measures for new flats.  According to Cainxin.com ... homes this month at higher prices than Feburary, said the city’s Bureau of Land and Resources refused to issue them with official documents. This left them in a dilemma. “Are we supposed ...

    http://www.scmp.com/news/china/article/1189747/shenzhen-announces-tougher-measures-new-flats
  3. Property - International - AUSTRALIA

    Chinese buying of Australian homes surges

    Posted Aug 07th 2014, 05:44am by BLOOM

    ... which offers property and mortgage broking in Australia to Chinese buyers, expects to sell two-thirds more homes and to double the amount of loans it arranges as demand from the mainland surges. The company forecasts A$1.5 billion (HK$10.8 billion) in sales of new residential properties in the year to June 30, compared with A$900 million over the previous 12 months, Sydney-based managing ...

    http://www.scmp.com/property/international/article/1567889/chinese-buying-australian-homes-surges
  4. Property - Hong Kong & China - SALES

    Bottom not in yet, despite easing of curbs on home buying in Chinese cities

    Posted Jul 29th 2014, 03:46pm by Langi Chiang

    ... of home purchase restrictions by more than two dozen citiies in recent weeks, industry analysts said. Hot weather, rain and storms were adding to the summer downturn, they said, although sentiment could gradually recover as a result of the incremental relaxation of policy. As of July 23, 26 cities had reportedly eased home purchase restrictions, out of 46 that had imposed such controls ...

    http://www.scmp.com/property/hong-kong-china/article/1561164/bottom-not-yet-despite-easing-curbs-home-buying-chinese
  5. Business - Comment - MONITOR

    Beijing is only treating the symptoms, not their cause

    Posted Apr 01st 2013, 12:00am by Tom Holland

    ... of sales among homeowners anxious to book their profits before the new tax came into effect. But in the longer term, a 20 per cent capital gains tax will do nothing to deter speculative buyers. ...

    http://www.scmp.com/business/article/1204293/beijing-only-treating-symptoms-not-their-cause
  6. Property - Hong Kong & China - PROPERTY

    Government not serious about lower home prices, developer says

    Posted Aug 08th 2014, 11:21am by Langi Chiang

    ... homes are seen as another contradiction between Beijing's avowed concern over rising prices and the imperatives of local government fundraising. "In all the tightening campaigns ... told a forum in Boao on Thursday. "So they actually do not want home prices to fall. When home prices are just starting to fall and everyone says it's a good thing, the government ...

    http://www.scmp.com/property/hong-kong-china/article/1569027/government-not-serious-about-lower-home-prices-developer
  7. McDonald’s sales forecast ‘at risk’ after China food scare

    Posted Aug 08th 2014, 09:27pm by Reuters

    ... Reuters in Beijing McDonald’s global comparable sales fall 2.5pc in July in wake of ‘rotten meat’ scandal McDonald’s said its global sales forecast for this year was at risk after a food ... McDonald’s said this month that sales in markets, including China and Japan, were experiencing a “significant negative impact” following a local Chinese TV report on July 20 that showed workers ...

    http://www.scmp.com/article/1569465/mcdonalds-sales-forecast-risk-after-china-food-scare
  8. Property - Hong Kong & China - BRICKS & MORTAR

    Tweaking of stamp duty won’t lead to big boost in home sales

    Posted May 19th 2014, 12:06pm by Yvonne Liu

    ... Yvonne Liu Tweaking of stamp duty not likely to help much, with bank loans tighter and market weak Rule change may not lead to sales surge as buyers wait Would you buy a flat if the government extends the period during which you can sell your old home and still qualify for exemption from double stamp duty? Last week, the government proposed to revise the rules for double stamp ...

    http://www.scmp.com/property/hong-kong-china/article/1515473/tweaking-stamp-duty-wont-lead-big-boost-home-sales
  9. Property - International

    Michael Jackson's Neverland estate may be put up for sale

    Posted Aug 06th 2014, 03:50am by Reuters

    ... Reuters in Los Angeles Neverland estate may be put up for sale Late pop singer Michael Jackson's Neverland estate is being considered for sale, a spokesman for the company controlling ... if Jackson was able to revitalise his career. Jackson's estate, managed by John McClain and John Branca, said it was "saddened at the prospect of the sale of Neverland" and would ...

    http://www.scmp.com/property/international/article/1567069/michael-jacksons-neverland-estate-may-be-put-sale
  10. Property - Hong Kong & China - RESIDENTIAL PROPERTY

    New home prices drop in nearly 4 out of 5 big Chinese cities

    Posted Jul 18th 2014, 10:28am by Langi Chiang

    ... cent. More than a dozen mainland cities have relaxed home purchase restrictions and residency registration rules to stimulate property sales. However, tight property loan policies at banks, ... Langi Chiang langi.chiang@scmp.com Almost 80 per cent of the 70 major cities monitored by China’s National Bureau of Statistics (NBS) suffered a month-on-month decline in new home prices ...

    http://www.scmp.com/property/hong-kong-china/article/1556066/new-home-prices-drop-nearly-4-out-5-big-chinese-cities

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