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  • November 23, 2014
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  1. Pre-sale talk fuels slump in developers

    Posted Aug 03rd 2012, 12:00am

    ... not forbid developers from pre-selling their projects. 'The government has to control the housing supply in order to check property prices. If developers are prohibited from selling incomplete projects, the existing supply of new housing will decrease by 90 per cent,' she said. 'Developers would need to wait three years to launch their projects', affecting their cash flow ...

  2. SHKP signals support for resumption of land sales

    Posted Oct 03rd 2003, 12:00am by Peggy Sito

    ... in order to bring housing supply and demand into balance as soon as possible. New World Development chairman Cheng Yu-tung and Wharf (Holdings) assistant director Ricky Wong Kwong-yiu support the association's view. The government is expected to announce new measures to prop up the fragile housing market this month. It has estimated 79,000 new units will be completed in the next three to four ...

  3. Luxury house on Peak fetches record price

    Posted Jan 10th 2008, 12:00am by Yvonne Liu

    ... firm bought the house for investment. 'The supply of houses in luxury residential areas is limited. We expect prices of luxury houses to rise 20 per cent in the next 12 months,' he ... Yvonne Liu De Monsa, an Indonesian investment fund, bought a luxury house at the Severn 8 on the Peak for HK$55,491 per square foot, betting it will make a gain despite the price setting ...

  4. Tycoon rules out big fall in home prices

    Posted Mar 30th 2012, 12:00am

    ... at present and what we will do in future,' he said. Some analysts have suggested there will be more supply in the city's property market and more competition under Leung's housing ... Li. Li Ka-shing backed an increase in supply of public rental housing for low income earners but suggested the new administration strike a balance between flats under the Home Ownership Scheme ...

  5. Lane Crawford House goes up for tender

    Posted Jul 27th 2005, 12:00am by Peggy Sito

    ... Peggy Sito With supply tight, Wheelock's former flagship in Central could fetch $2b Wheelock & Co's Lane Crawford House on Queen's Road Central is on the market, and with the office and retail property rebound and tight supply of new commercial properties in Central, property consultants said it would draw keen competition from Hong Kong developers and overseas firms. ...

  6. Builder eyes budget homes to reduce risk

    Posted Jul 13th 2006, 12:00am by Yvonne Liu

    ... margins for developers. 'The cooling measures aim to solve the problem of increasing housing demand from the low-income class. Supply of cheaper and smaller flats will increase,' Mr Kong ... Yvonne Liu China Overseas Land & Investment, a Hong Kong-listed unit of the country's construction ministry, may develop budget housing to reduce risks in a market where ...

  7. Outlook is mostly fine with a few showers

    Posted Oct 24th 2011, 12:00am

    ... efforts to expand land supply, the pipeline of new housing will stay tight for some time. We expect prices and rents to remain very high in the next 12-18 months, and to continue affecting ... from advanced trading partners, but supported by loose global financial conditions and favourable prospects in the mainland. Hong Kong faces unrelenting inflationary pressure. Housing market ...

  8. Tsang fails to win the economic legacy he wants

    Posted Oct 13th 2011, 12:00am

    ... foot apartments. Alongside this programme, Tsang announced a grab bag of measures intended to increase the supply of private sector housing and soften the impact of rising living costs. These included a pledge to increase the supply of building land for new homes, a two-month rent holiday next year for public housing tenants, and a one-month bonus for those receiving government welfare ...

  9. Beware extras, buyers warned

    Posted Apr 18th 2012, 12:00am

    ... University, said the investment risk for buyers would be higher if there was a plentiful supply of housing in the district, as is the case in Yuen Long and Tseung Kwan O. 'If there is a downturn ... in Sheung Shui. Transaction information from the Land Registry shows the developer sold a 2,531 sq ft house at Valais for about HK$21.01 million, or HK$8,300 per square foot, in October 2010. Two ...

  10. Ask our experts

    Posted Jul 25th 2011, 12:00am

    ... about a year ago, says Ho. He expects 20,000 housing units to be built on the land to be sold by the government this year, or 50 per cent more than new supply last year. He predicts Hong Kong housing prices will be flat in the second half of the year, following rises in the first half. 'We see a relief rally among property developers in the near term, given their deep valuation ...




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