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  • October 21, 2014
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  1. Property - Hong Kong & China - MAINLAND

    Affordable-housing sales poor in tier-one mainland cities

    Posted Feb 20th 2013, 12:00am by Yvonne Liu

    ... as they lack social facilities," he said. Last year, the supply of affordable housing reached 7.7 million square metres, with 110,000 flats in Shanghai. Alan Chiang Sheung-lai, the head ... Yvonne Liu yvonne.liu@scmp.com Big-city affordable-housing sales weak Sales of government-subsidised housing in Shanghai and Beijing have been disappointing because those who qualify ...

  2. Noble House restaurant chain cooks up HK$83m recipe for IPO

    Posted Dec 21st 2011, 12:00am

    ... The company last year acquired Shanghai Yin Jia Food Products, a food plant that mainly supplies Noble House's restaurants. Food is the company's major input cost, accounting for 44.1 per ... Sophie Yu sophie.yu@scmp.com The mainland's high-end restaurant chain Noble House (China) plans to raise up to HK$83.3 million in an initial public offering in the growth enterprise ...

  3. Outlook rosy for Shanghai

    Posted Aug 27th 2003, 12:00am by Peggy Sito

    ... period,'' the JP Morgan report said. The strong performance was helped by supportive measures by the government, which regulates demand and supply in the housing sector. Last week, the city government announced that it would launch 50 parcels of sites for housing development, after the granting of 38 sites last month. JP Morgan said the increase in land supply was aimed at regulating ...

  4. Housing still too dear, says mayor

    Posted Jan 17th 2012, 12:00am

    ... speculation. He reiterated pledges to increase the supply of subsidised housing and make it easier for the city's residents to qualify for housing assistance. Throughout the 2 3/4-hour news ... the 'excessively high' house prices he said were harming buyers and sustainable development. In his annual news conference at the close of the municipality's people's congress, Han hailed ...

  5. Housing prices in main cities shoot up

    Posted Apr 16th 2005, 12:00am by Staff Reporter

    ... behind the high prices is simply the lack of a sufficient housing supply, while property speculation and enthusiasm for property investment are also exacerbating the supply shortage and the high ... Shi Ting Moves to rein in market have failed to stop properties soaring in first 3 months The average residential housing price in the mainland's major cities rose more than 10 per ...

  6. Morgan Stanley nears deal on luxury Shanghai housing block

    Posted Jun 08th 2006, 12:00am by Peggy Sito, Sandy Li

    ... a residential director at DTZ Debenham Tie Leung, said there was not enough supply of service flats, especially high-end units, to meet demand in Shanghai. Rents for one-bedroom, top-end service flats ...

  7. Property - Hong Kong & China - Tax

    As China drafts property tax law, fate of pilot programme up in the air

    Posted Mar 11th 2014, 02:29pm by Langi Chiang

    ... leaders are distancing themselves from housing inflation, instead focusing more on the establishment of a long-term mechanism that can deflate the property bubble without causing much damage ...

  8. Business - China Business - RETAILING

    Shanghai outlet centre to promote affordable Italian luxury

    Posted Feb 27th 2014, 10:21am by Daniel Ren

    ... for the developers of large shopping centres. "Commercial streets in downtown areas are reaching saturation point, and the new supply of commercial space will expand to the outskirts of the city," ...

  9. What's being said on facebook.com/southchinamorningpost

    Posted Jul 06th 2011, 12:00am

    ... to the revival of the Home Ownership Scheme: Richard Warfield- This is economic nonsense, even if it does take 7 years to complete the first flats, the impact on housing prices will be immediate if the government make a credible commitment to substantially increase future supply. Jamil Shah- If you walk around some housing estates in Yau Tong you see so many empty government buildings. ...

  10. Business - China Business - ART

    Chinese art buyers help Christie's to record sales year

    Posted Jan 22nd 2014, 05:02pm by George Chen

    ... George Chen george.chen@scmp.com Auction house takes in US$7.1b for 2013, cites landmark Shanghai auction as a highlight Chinese help Christie's frame record sales year Chinese buyers drove up Christie's sales by 14 per cent to US$7.13 billion last year, a record high not just for the British auction house but for any company ever in the art market. In 2013, Chinese ...




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