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  • April 18, 2014
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  1. Comment - Blogs

    Vancouver’s C$1.26m question: Will axing investor migrants kill home prices?

    Posted Feb 19th 2014, 11:52am by Ian Young

    ... make some conservative assumptions regarding the first three. Imagine that homes bought by IIP households cost twice as much as the average residential sale; considering that the rich Chinese ...  can have almost triple the asking price as a castle  on the other side of the country. The average price of a detached home in greater Vancouver? C$1,259,775. High property prices ...

    http://www.scmp.com/comment/blogs/article/1430978/vancouvers-c126m-question-will-axing-investor-migrants-kill-home
  2. Property - Hong Kong & China - PROPERTY

    Home price declines hit development site values

    Posted Apr 14th 2014, 05:17am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Government tenders indicate that land prices have fallen to cost of building mass housing Home price declines hit development site values The sharp correction in new home prices has accelerated the pace of decline in land values, with development sites increasingly being sold for close to or below construction cost, a rare phenomenon in Hong Kong. ...

    http://www.scmp.com/property/hong-kong-china/article/1481200/home-price-declines-hit-development-site-values
  3. Business - Companies - RETAIL

    Chow Tai Fook eyes 20 per cent growth after 9 per cent drop in sales

    Posted Apr 15th 2014, 12:21am by Keira Lu Huang

    ... Keira Lu Huang Keira.huang@scmp.com Chow Tai Fook targets 20pc growth after drop Hong Kong-based jewellery giant Chow Tai Fook is banking on better sales performance in Hong Kong and Macau to revive its fortunes, after a 9 per cent drop in same-store sales in the two cities in the first quarter. Chairman Henry Cheng yesterday said the management was optimistic about a growth rate ...

    http://www.scmp.com/business/companies/article/1482494/chow-tai-fook-eyes-20-cent-growth-after-9-cent-drop-sales
  4. News - World

    US existing home sales drop 1.9 percent in September due to higher mortgage rates, prices

    Posted Oct 21st 2013, 10:02pm by AP

    ... WASHINGTON (AP) — US existing home sales drop 1.9 percent in September due to higher mortgage rates, prices. ...

    http://www.scmp.com/news/world/article/1336781/us-existing-home-sales-drop-19-percent-september-due-higher-mortgage
  5. Property - Hong Kong & China - C-SUITE

    As Centaline China matures, it is taking a leading market share in new cities

    Posted Mar 18th 2014, 01:43pm by Yvonne Liu

    ... a profit, but [its stablemate] Ricacorp Properties recorded a loss of a couple of million dollars.   Q: How was Centaline Group able to maintain a profit when home sales in Hong Kong decreased ... In Hong Kong, business will be better than last year. Although sales of second-hand homes will stay at a low level, sales of new homes will be better, as more new projects will be released ...

    http://www.scmp.com/property/hong-kong-china/article/1448593/centaline-china-matures-it-taking-leading-market-share-new
  6. News - Hong Kong - LABOUR

    Erwiana finishes helping police with 'abuse' case and heads home

    Posted Apr 13th 2014, 05:08am by Ada Lee

    ... Ada Lee ada.lee@scmp.com Erwiana completes abuse probe role and heads home Erwiana Sulistyaningsih, the Indonesian domestic helper allegedly tortured by her employer, has finished helping police with their investigation and will leave the city tomorrow. The Justice for Erwiana and All Migrant Domestic Workers Committee read out a statement by Erwiana yesterday, in which she said ...

    http://www.scmp.com/news/hong-kong/article/1479390/allegedly-abused-indonesian-helper-erwiana-finishes-helping-police
  7. News - World

    US new home sales rise 2.3 percent in April while median home prices hit record high

    Posted May 23rd 2013, 10:04pm by AP

    ... WASHINGTON (AP) — US new home sales rise 2.3 percent in April while median home prices hit record high. ...

    http://www.scmp.com/news/world/article/1244468/us-new-home-sales-rise-23-percent-april-while-median-home-prices-hit
  8. News - Hong Kong - PROPERTY

    Stamp duty expected to hit second-hand homes hardest

    Posted Feb 24th 2014, 04:45am by Sandy Li

    ... Sandy Li sandy.li@scmp.com SHKP chairman says developers have already slashed prices on flats in new developments Stamp duty expected to hit second-hand homes hardest The city's ... their prices since late last year. Prices for new housing were unlikely to fall significantly as construction costs continued to rise, SHKP co-chairman Thomas Kwok Ping-kwong said. "Secondary home ...

    http://www.scmp.com/news/hong-kong/article/1433797/stamp-duty-expected-hit-second-hand-homes-hardest
  9. Property - Hong Kong & China

    Hong Kong developers look overseas as sales at home slow: brokers

    Posted Oct 23rd 2013, 03:55am by BLOOM

    ... Bloomberg Brokers say they have been approached about real estate in London, Tokyo and Bangkok Developers look overseas as HK home sales slow Hong Kong developers are looking at overseas ... declined to name the companies because of confidentiality agreements. Cushman said it was seeing interest from Hong Kong developers wanting to invest in London, Tokyo and Bangkok. Home sales ...

    http://www.scmp.com/property/hong-kong-china/article/1337622/hong-kong-developers-look-overseas-sales-home-slow-brokers
  10. Property - Hong Kong & China - EARNINGS

    China home sales to rise at least 11pc this year as wealthy buy, says Sunac

    Posted Oct 22nd 2013, 03:30am by BLOOM

    ... Bloomberg in Shanghai Developer says the wealthy driving demandthat will see sales exceeding 50 billion yuan Sunac forecasts 11pc jump in mainland home sales Mainland developer Sunac China, in which United States buyout firm Bain Capital holds a stake, expects home sales to rise at least 11 per cent this year amid strong demand from rich buyers. The developer's home ...

    http://www.scmp.com/property/hong-kong-china/article/1336877/china-home-sales-rise-least-11pc-year-wealthy-buy-says

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