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  1. Official grillings make property price controls a personal issue

    Posted Jan 29th 2011, 12:00am by Shirley Yam

    ... to cool prices. Beijing has adopted a variety of measures to control prices. It has set annual home price targets; promised to build more public housing; charged significantly higher down payments ... them as they have done for the past 12 months. Indeed, hasn't the State Council stated in previous directives that local governments would be held responsible for high housing prices? Why ...

  2. House prices could fall by 45pc

    Posted Nov 02nd 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Home prices in Hong Kong could slump as much as 45 per cent over the next two years in a worst-case scenario, Barclays Capital Research warned yesterday. ... in prices,' said analysts Andrew Lawrence and Vivien Chan at Barclays in a report released yesterday. The report came almost a week after a warning by Financial Secretary John Tsang Chun-wah ...

  3. The human cost of high house prices

    Posted Oct 08th 2011, 12:00am

    ... Adrian Wan adrian.wan@scmp.com Thanks to 'unattainable' home prices and a 'toothless government', Ronny Ching Wing-lok, a 28-year-old salesman who wishes to marry his girlfriend, says he does not have much hope of moving out of his subdivided home and affording a bigger, warmer home any time soon. Ching is not a low achiever. He graduated from Hong Kong Polytechnic ...

  4. Cooling measures cause house price slowdown

    Posted Jul 02nd 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Home prices in 100 mainland cities grew modestly last month from May, reflecting a slowdown in the market after a series of cooling measures. Seventy-five cities experienced higher house prices, according to mainland property website SouFun Holdings, while 25 reported prices lower than those in May. The average 0.41 per cent growth was below ...

  5. House prices rise despite steps

    Posted May 19th 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com New house prices rose moderately month on month in April in 57 out of 70 mainland cities despite government efforts to cool the residential property sector, ... the number of flats that may be bought by mainlanders. Premier Wen Jiabao has repeatedly pledged to bring down housing prices to what he terms a 'reasonable' level. ...

  6. HKMA targeting bank lenders, not housing prices

    Posted Jun 13th 2011, 12:00am

    ... combined measures ever' to damp down 'the city's red-hot housing market'. Well, maybe. But in reality, the measures were not aimed at calming the property market. Their real target was Hong Kong's banking system. That's probably just as well, because experience shows these sort of administrative controls have little impact on property prices. After all, ...

  7. Local officials urged to implement price-control policies for housing

    Posted Mar 15th 2011, 12:00am by Celine Sun

    ... Celine Sun Premier Wen Jiabao urged local officials to play their part in curbing rocketing housing prices and implement tightening policies launched by the central government. ... of housing price-control policies and urge them to take up their responsibility seriously.' Beijing is keen to rein in surging property prices, which have increased inflationary pressures ...

  8. House prices near 1997 peak, says Centaline

    Posted Jan 28th 2011, 12:00am by Peggy Sito

    ... Property agency says. Reviewing data of 20 housing estates compiled by Centaline, prices of second-hand flats in Taikoo Shing and City Garden, both in Island East, have surpassed the 1997 peak. ... interest rates and salary rises will continue to stimulate buying interest. Home prices in other districts will also surpass their earlier peaks,' said Wong. Prices in a number of housing ...

  9. Rebound lifts prices at housing estates by 80pc

    Posted Feb 09th 2011, 12:00am by Paggie Leung

    ... Paggie Leung Hampton Place, Kingswood Villas and Kornhill are among the housing estates that have recorded price increases of more than 80 per cent amid a resurgence of the property market ... months, research conducted by Ricacorp Properties shows. Ricacorp monitors secondary- market home prices in 50 private housing estates. Flats in these estates sold at average prices of HK$3,069 ...

  10. Four more housing estates surpass 1997 price peaks

    Posted Feb 07th 2011, 12:00am by Sandy Li

    ... Sandy Li For the first time, prices of four major housing estates last month surpassed their 1997 highs as property prices showed little sign of easing, but sales of new homes dropped ... before the Asian financial crisis triggered a collapse in property prices. 'Average transaction prices in another 13 housing estates are now just 10 per cent below the market peak in 1997. ...




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