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  • September 2, 2014
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  1. News - Hong Kong - FIRE

    Fire in Kwun Tong housing estate, killing a woman and two children

    Posted Aug 27th 2014, 04:31am by Staff Reporter

    ... Staff Reporter A fire broke out in a publing housing estate in Kwun Tong, killing three people and injuring two in a family of five. Among the dead were a woman, 33, a girl and a boy, aged 5 and 2 respectively. A man, 53, and an eight-month-old baby were injured; the baby was in critical condition. At around 3am, fire broke out in a flat in 20/F, Tsui Lok House, Tsui Ping (South) Estate. About 60 ...

    http://www.scmp.com/news/hong-kong/article/1581028/fire-kwun-tong-housing-estate-four-injured
  2. Business - Money - MARKETS

    Mainland China investors pin hopes on fund influx to shore up stock prices

    Posted Sep 01st 2014, 04:21am by Daniel Ren

    ... on the mainland have come to take it for granted that an influx of capital will drive up stock prices. The through train scheme linking the Shanghai and Hong Kong stock exchanges, with its eagerly awaited ...

    http://www.scmp.com/business/money/markets-investing/article/1582524/mainland-china-investors-pin-hopes-fund-influx
  3. 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

    ... is not yet behind us Wang Tao, UBS “Developers may speed up construction in the coming autumn sales season to accelerate sales and digest inventory, but downward pressure on prices and new housing ... 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
  4. Business - Money

    Ireland – time to buy property again?

    Posted Jun 07th 2013, 09:04pm by Anna Healy Fenton

    ... wanting to borrow. Anyway, bottom fishers have kept an eagle eye on the Irish housing market and now, with distressed sales about to begin in earnest, the real bargain hunters are asking: ... for the overseas investor used to be the difficulty of getting good data, but the introduction of the new Irish "Property Price Register" in 2012 allows transaction prices to be compared against ...

    http://www.scmp.com/business/money/wealth/article/1255820/ireland-time-buy-property-again
  5. News - World - MIDDLE EAST

    Syria opens door to US bombing of Islamists but White House to go it alone

    Posted Aug 26th 2014, 09:57pm by AP

    ... and implement UN Security Council resolution 2170," Muallem said. But White House spokesman Josh Earnest rejected the call from Damascus. "There are no plans to coordinate with the Assad ... "caliphate" could become a launch pad for a new round of global terror attacks. While the White House says Obama has not approved military action inside Syria, additional intelligence on the militants ...

    http://www.scmp.com/news/world/article/1580906/syria-opens-door-us-bombing-islamists-white-house-go-it-alone
  6. Business - Economy - THE VIEW

    Hong Kong's public housing policy a homewrecker for poor couples

    Posted Jul 01st 2014, 11:15am by Richard Wong

    ... a background of sustained rising private property prices. It would seem obvious that a much better way for Hong Kong to provide subsidised housing is to shift to a scheme of renting with an option ... Richard Wong Hong Kong's public flat policy rewards divorce among the poor, and helps perpetuate inequality Housing homewrecker Hong Kong’s divorce rate in 2011 was 2.9 per 1,000 ...

    http://www.scmp.com/business/economy/article/1544154/housing-policy-heartache
  7. Property - International - UNITED STATES

    Swire Properties sells Miami flats at top prices

    Posted Jul 22nd 2014, 03:35pm by Sandy Li

    ... was one of the hardest-hit housing markets in the US. Property prices plummeted up to 80 per cent from the peak in 2007 and stagnated for several years, even as the rest of the country rebounded. ... Swire's Miami flats a top draw Swire Properties has presold at record prices more than 40 per cent of the first residential tower at its large mixed-use project in Miami, Florida, as Chinese ...

    http://www.scmp.com/property/international/article/1556966/swire-properties-sells-miami-flats-top-prices
  8. News - Hong Kong - LETTER OF THE LAW

    No law to stop businesses from carving niche in housing dead

    Posted Aug 26th 2014, 04:15am by STEVEN GALLAGHER

    ... Steven Gallagher New bill needed to bring end to entrepreneurs cashing in on city's demand for more urn space No law to stop businesses from carving niche in housing dead When ... opted to take advantage by expanding provision from the faithful to anyone who can pay. Concern has also been expressed about the conversion of flats in New Territories village houses ...

    http://www.scmp.com/news/hong-kong/article/1580632/no-law-stop-businesses-carving-niche-housing-dead
  9. Property - Hong Kong & China - HOUSING

    Strong bidding for Xiamen land points to continued home price rises

    Posted Jul 18th 2014, 02:52am by Sandy Li

    ... home price lift As temperatures rose into the mid 30s one recent Friday morning in Xiamen, residents were warned of the risk of heatstroke. But things were getting much hotter at the auction ... billion yuan (HK$4.24 billion) after 110 rounds of fierce and frenzied bidding that saw it beat out two keen rivals, including Hong Kong-listed China SCE Property Holdings. The price tag, ...

    http://www.scmp.com/property/hong-kong-china/article/1555915/strong-bidding-xiamen-land-points-continued-home-price
  10. Property - International - GERMANY

    Home prices in Berlin outpace rents

    Posted Jul 16th 2014, 05:08am by Bloomberg

    ... Bloomberg in Berlin Home prices in Berlin outpace rents Advertised prices for Berlin flats rose more than twice as fast as rents in June as housing demand in Germany's capital outpaced construction and low borrowing costs encouraged buyers. An index measuring asking prices for flats in the city in June rose 15.6 points from a year earlier to 161, while a rent index rose ...

    http://www.scmp.com/property/international/article/1554878/home-prices-berlin-outpace-rents

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