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  • April 20, 2014
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  1. Business - Banking & Finance - PROPERTY

    Higher mortgage rates hit sales of new homes over weekend

    Posted Mar 18th 2013, 12:00am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Homebuyers purchase some 90 flats only over the weekend after banks raise mortgage costs New-home sales hit by higher rates First-hand home sales were ... offered special discounts for first-day buyers, as well as secondary home loans and subsidies on stamp duties. At Green Code's sales booths, agents outnumbered potential buyers, and some ...

    http://www.scmp.com/business/banking-finance/article/1193275/higher-mortgage-rates-hit-sales-new-homes-over-weekend
  2. Property - International - BRITAIN

    London home prices at new high on economic recovery, market stimulus

    Posted Mar 19th 2014, 05:14am by Bloomberg

    ... Bloomberg in London London homes prices hit record high amid government stimulus Asking prices for homes in London surged to a record this month, as the buoyant outlook spread to other ... recovery and a government stimulus plan known as Help to Buy, which allows people to buy a home with a down payment of as little as 5 per cent. Chancellor of the Exchequer George Osborne said ...

    http://www.scmp.com/property/international/article/1451763/london-home-prices-new-high-economic-recovery-market-stimulus
  3. Business - Companies - PROPERTY

    Cheung Kong aims for 5b yuan in Shanghai flat sales

    Posted Mar 25th 2013, 12:00am by Paggie Leung

    ... Paggie Leung in Shanghai paggie.leung@scmp.com Cheung Kong aims for 5b yuan in Shanghai flat sales Developer Cheung Kong is aiming to achieve annual flat sales of at least five billion ... residential sales on the mainland, which were close to two billion yuan last year, despite the central government maintaining a tight grip on the housing market. "Our annual sales target is over ...

    http://www.scmp.com/business/companies/article/1198976/cheung-kong-aims-5b-yuan-shanghai-flat-sales
  4. Property - Hong Kong & China - HOME SALES

    Tai Po flat prices cut after bids for Pak Shek Kok site don't meet reserve price

    Posted Mar 18th 2014, 01:28pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Sale of plot in Tai Po scrapped after developers' bids fail to meet reserve price Prices fall after site withdrawn from sale Homeowners in Hong Kong wishing to sell their flats may be more willing to reduce their asking prices after the government withdrew a residential site in Tai Po from sale last week. Property agents said a flat owner ...

    http://www.scmp.com/property/hong-kong-china/article/1451487/asking-prices-flats-cut-tai-po-after-site-withdrawn-sale
  5. Property - Experts Q&A

    Q & A with our experts, March 20, 2013

    Posted Mar 20th 2013, 12:00am by Paggie Leung

    ... Q: I have saved about HK$500,000. I want to use it for the down payment for a mortgage on my first home. Where can I find properties priced slightly over HK$2 million? What ... but some people may like living in housing estates with a clubhouse. Alternatively, you could consider the Home Ownership Scheme flats in Tuen Mun. Patrick Chow Moon-kit is the head of research ...

    http://www.scmp.com/property/experts-qa/article/1194760/q-our-experts-march-20-2013
  6. Property - Hong Kong & China - PROPERTY DIGEST

    Property Digest, March 6, 2013

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

    ... Services Department and the Hospital Authority. Peggy Sito   Vancouver sees 29pc decline in home sales The number of homes sold in greater Vancouver fell 29.4 per cent in February from a year earlier, the city's real estate board said. Realtors sold 1,797 homes last month from 2,545 in February 2012, the Real Estate Board of Greater Vancouver said. The number of homes sold ...

    http://www.scmp.com/property/hong-kong-china/article/1180254/property-digest-march-6-2013
  7. Property - Hong Kong & China - HONG KONG

    Developers rush to sell stock as discounts boost luxury-home sales

    Posted Dec 04th 2013, 05:33am by Peggy Sito

    ... to sell more homes as discounts lure buyers Developers of Hong Kong residential projects are in a rush to lock in sales while buying sentiment remains positive in the wake of discounts offered ... the previous weekend and the most sold in a single weekend since October 2010. The strong sales are likely to prompt developers to release more homes for sale ahead of possible further measures to cool ...

    http://www.scmp.com/property/hong-kong-china/article/1372032/developers-rush-sell-stock-discounts-boost-luxury-home
  8. Comment - Insight & Opinion - BRICKS & MORTAR

    Beijing audit takes aim at land sales revenue

    Posted Mar 18th 2014, 12:17am by Langi Chiang

    ... Langi Chiang Audit seeks to open up local governments' balance books in push to cool home prices Beijing takes aim at land sales revenue The mainland will audit its land sales revenue ... last year and discovered that they totalled 17.9 trillion yuan (HK$22.6 trillion) at the end of June. The audit also found debt repayments were highly reliant on revenue from land sales, which ...

    http://www.scmp.com/comment/insight-opinion/article/1450944/beijing-audit-takes-aim-land-sales-revenue
  9. Property - Hong Kong & China - E-COMMERCE

    Centaline to build up its online business in mainland China

    Posted Mar 18th 2014, 02:41pm by Yvonne Liu

    ... and allows its agents to search for suitable flats available for sale. In the new-home market, companies such as online shopping platform Taobao and property information websites SouFun and Sina ... the competition from Home Link, our largest competitor on the mainland. "This year, we will invest heavily in the online business," said Sherman Lai Ming-kai, chairman of Centaline Group, ...

    http://www.scmp.com/property/hong-kong-china/article/1448521/centaline-build-its-online-business-mainland-china
  10. News - Hong Kong - HOUSING

    Plight of Hong Kong's cage-home dwellers 'worse now than 25 years ago'

    Posted Mar 10th 2014, 04:28am by Jennifer Ngo

    ... a cage home at The Space gallery on Hollywood Road. ArtWalk is an annual fundraising event in which over 60 galleries in Central open their doors to the public. Proceeds from ticket sales ... in a cage, but wait has just begun More than 25 years ago, Ho Hei-wah took up advocacy work after witnessing the plight of Hong Kong's cage-home dwellers. Back then, he had never thought ...

    http://www.scmp.com/news/hong-kong/article/1444585/plight-hong-kongs-cage-home-dwellers-worse-now-25-years-ago

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