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  • November 27, 2014
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  1. Property - Experts Q&A

    Q & A with our experts, May 8, 2013

    Posted May 08th 2013, 12:00am by PAGGIE LEUNG AND YVONNE LIU

    ... Q: I have just become a permanent resident and am looking to make Hong Kong my first home. My budget is up to HK$12 million. My shortlisted choices are a one-bedroom flat at Sun Hung Kai ... as recent transactions, if not slightly lower (maybe 2 to 3 per cent)? Vendors are still asking for higher prices than past sales have achieved. What should I do? A: The two projects you mentioned ...

    http://www.scmp.com/property/experts-qa/article/1232394/q-our-experts-may-8-2013
  2. Business - Companies - PROPERTY

    Developers rush to sell flats before new curbs start

    Posted Apr 05th 2013, 12:00am by Yvonne Liu, Peggy Sito

    ... Yvonne Liu and Peggy Sito Developers in rush to sell before new law As home sales start showing signs of losing steam, developers are rushing to launch projects before a law takes effect at the end of this month which is expected to curb new flat sales. Sun Hung Kai Properties has started a soft launch of its Riva development in Yuen Long that offers about 780 units, with 25 blocks ...

    http://www.scmp.com/business/companies/article/1207253/developers-rush-sell-flats-new-curbs-start
  3. Property - Hong Kong & China - PROPERTY DIGEST

    Property Digest, February 20, 2013

    Posted Feb 20th 2013, 12:00am by Peggy Sito

    ... Sito   Proportion of cheap homes sold falls Sales of homes worth HK$3 million or less last month accounted for 32.9 per cent of total transactions in the secondary market, according to Centaline Property Agency. There were 1,447 deals, worth a total of HK$3.24 billion. In comparison, in December homes valued at HK$3 million or less accounted for 40.8 per cent of total home sales ...

    http://www.scmp.com/property/hong-kong-china/article/1154027/property-digest-february-20-2013
  4. Property - International - UNITED STATES

    New US housing starts expected to have cooled in January, analysts say

    Posted Feb 20th 2013, 12:00am by BLOOM

    ... New residential construction cooled in January and US existing-home sales slowed after the strongest year since 2007, representing a break in the momentum for the industry, economists ... will recover at a modest pace this year." For all of last year, builders began work on 780,000 homes, a 28 per cent increase from 2011 and the third straight annual gain. Even with the yearly ...

    http://www.scmp.com/property/international/article/1154001/new-us-housing-starts-expected-have-cooled-january-analysts
  5. Property - Hong Kong & China - PROPERTY DIGEST

    Property Digest, January 9, 2013

    Posted Jan 09th 2013, 12:00am by Peggy Sito

    ... Government measures to weigh on market Home sales in Hong Kong will continue to feel the effects of government policies in the near future, according to property consultant DTZ. Alva To, ... activity in the residential market. Peggy Sito   Retail space salesset for 10pc growth The sales of retail space were forecast to increase by 10 per cent to 6,200 deals this year as investors ...

    http://www.scmp.com/property/hong-kong-china/article/1123096/property-digest-january-9-2013
  6. Property - Hong Kong & China - MAINLAND

    20% capital gains tax on mainland properties sparks stampede

    Posted Mar 06th 2013, 12:00am by Sandy Li

    ... of a 20 per cent capital gains tax on the sale of property on the mainland by the State Council last Friday triggered a stampede by home sellers and agents to register their sales with government ... gains tax will have on sales, some owners of luxury homes have cut their selling prices by 5 to 10 per cent to entice a sale, said agents. "We encountered one case where the buyer ...

    http://www.scmp.com/property/hong-kong-china/article/1180250/20-capital-gains-tax-mainland-properties-sparks-stampede
  7. Property - Experts Q&A

    Q & A with our experts, April 10, 2013

    Posted Apr 10th 2013, 12:00am by Peggy Sito

    ... Do you have a property related query for our experts? Send them to property.post@scmp.com Q: I'm renting a three-bedroom flat at City One Shatin. I'm interested in buying a flat in the district. However, the asking price of a similar flat is abo ...

    http://www.scmp.com/property/experts-qa/article/1210889/q-our-experts-april-10-2013
  8. News - Hong Kong - PROPERTY

    Demand for flats falls by half in wake of stamp duty rises

    Posted Feb 24th 2013, 12:00am by Paggie Leung, JOSHUA BUT

    ... Developers hoping to complete sales programmes looked for ways to fight the impact of sharp increases in stamp duties. They increased the commission for agents- some of whom were passing on the increase to buyers to make up for the extra duty they will pay. "The secondary market has almost become a sleepy backwater, with sales volume plunging by more than half," Willy Liu ...

    http://www.scmp.com/news/hong-kong/article/1157299/demand-flats-falls-half-wake-stamp-duty-rises
  9. Business - Companies - PROPERTY

    Socam to cash out China projects

    Posted Mar 28th 2013, 12:00am by Sandy Li

    ... of 108,800 square metres. After the sale, the company still owns about 2.1 million sqmetres of developable gross floor area in Beijing, Tianjin, Shanghai, Chengdu, Shenyang and Guizhou. Socam said it had generated contract sales of more than 3.5 billion yuan (HK$4.33 billion) from the sale of its projects in Beijing, Shanghai, Guangzhou and Shenyang last year. Chairman Vincent Lo Hong-sui ...

    http://www.scmp.com/business/companies/article/1201331/socam-cash-out-china-projects
  10. Property - Hong Kong & China - Tax

    Taxation measures influence market

    Posted Mar 20th 2013, 12:00am by Peggy Sito

    ... home buyers, says Christie's International Real Estate. In a new survey, the property consultancy examined 10 cities and found that recent changes to capital gains taxes, wealth taxes, ... the survey found that top-tier properties achieved record prices globally last year with international buyers driving the sales. In London a record-breaking price of US$121 million was fetched over ...

    http://www.scmp.com/property/hong-kong-china/article/1194769/taxation-measures-influence-market

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