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  • July 23, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Cofco sees joy in growing mall rentals from Chinese cities

    Posted Jul 07th 2014, 05:28am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Cofco sees joy in mall rental income strategy Cofco Land, a state-backed mainland commercial property developer, opened its sixth Joy City complex yesterday, as part of the company's strategy to eventually generate half of its revenues from rental income, up from less than 10 per cent now. The developer planned to operate 20 such projects ...

    http://www.scmp.com/property/hong-kong-china/article/1548272/cofco-sees-joy-growing-mall-rentals-chinese-cities
  2. News - Hong Kong - PROPERTY

    Legco unlikely to pass lawmaker's stamp duty refund plan

    Posted Jul 11th 2014, 03:55am by JEFFIE LAM, Yvonne Liu

    ... Alliance for Hong Kong. Leung is seeking to ease the impact of taxes that are at least double the original rates- a cooling measure imposed on buyers who own other properties or are not permanent ...

    http://www.scmp.com/news/hong-kong/article/1551408/legco-unlikely-pass-lawmakers-stamp-duty-refund-plan
  3. Property - Hong Kong & China - PROPERTY

    China's property sector primed for shake-up as downturn drains cash

    Posted Jun 26th 2014, 01:07am by Reuters

    ... on two levels. First, competition both for land banks and flat sales has squeezed margins. Margins on earnings before interest, taxes, depreciation, and amortisation are now in the low teens ...

    http://www.scmp.com/property/hong-kong-china/article/1540574/chinas-property-sector-primed-shake-downturn-drains-cash
  4. News - Hong Kong - PROPERTY

    Legco gets more control over double stamp duty property-cooling measure

    Posted May 28th 2014, 02:22pm by Tanna Chong

    ... Tanna Chong tanna.chong@scmp.com Government makes concession amid fears stamp duty bill could fail Lawmakers to get say before changes to tax Lawmakers will have a chance to block any ... stamp duty – under which buyers who own other properties and those who are not permanent residents must pay higher taxes – of the change yesterday. The government has collected the tax since ...

    http://www.scmp.com/news/hong-kong/article/1520311/legco-gets-more-control-over-double-stamp-duty-property-cooling
  5. Property - Hong Kong & China - PROPERTY

    Mainland China property market cooling down fast

    Posted Jun 16th 2014, 03:12am by Langi Chiang

    ... price-income ratio of between four and eight in cities apart from Beijing, Shanghai, Shenzhen and Guangzhou. ...

    http://www.scmp.com/property/hong-kong-china/article/1533544/mainland-china-property-market-cooling-down-fast
  6. Property - Hong Kong & China - PROPERTY

    Pause in China's trade zones unlikely to dim mood for pacesetters

    Posted Jun 09th 2014, 03:31am by Peggy Sito

    ... of the free-trade zone frenzy to fight for tax preferential status and the establishment of duty-free zones," said Sun, adding the central government aims to use the zone in Shanghai as a testing ... about the establishment of free-trade zones in Guangdong province," said Caesar Wong Shun-on, a Deloitte China tax partner. "Their conditions are mature. The region has ports, ...

    http://www.scmp.com/property/hong-kong-china/article/1528219/pause-chinas-trade-zones-unlikely-dim-mood-pacesetters
  7. Property - Hong Kong & China - PROPERTY

    Okay goes online to fight cooling property market in Hong Kong

    Posted Jun 09th 2014, 03:31am by Sandy Li

    ... when home sales in the secondary market slid 40 per cent since the government imposed higher property taxes to curb investment demand last year. The firm shares an office with real estate ...

    http://www.scmp.com/property/hong-kong-china/article/1528192/okay-goes-online-fight-cooling-property-market-hong-kong
  8. Property - Hong Kong & China - PROPERTY

    Wuxi takes lead in easing policy to boost home sector

    Posted Apr 28th 2014, 04:44am by Langi Chiang

    ... offering any specific measures or time frame. Analysts said a reported package of 10 measures by Fujian province, including halving the deed tax for buyers of first homes, might have exceeded what ... working in Wuxi mostly earned middle or low incomes and the recent tightening of mortgage loans by banks had made it even harder for them to afford a home. It suggested Wuxi should instead try ...

    http://www.scmp.com/property/hong-kong-china/article/1498470/wuxi-takes-lead-easing-policy-boost-home-sector
  9. News - Hong Kong - PROPERTY

    Hong Kong unlikely to follow Singapore in raising taxes for luxury homeowners

    Posted Feb 27th 2013, 12:00am by Peggy Sito and Bloomberg

    ... than at taxing the wealthy as part of efforts to reduce the income gap. "Hong Kong's private housing market is a lot bigger than that of Singapore, and many people could be affected ... Peggy Sito and Bloomberg Too many pitfalls if Hong Kong follows Singapore and hits top 1pc, experts say Owners of luxury flats unlikely to face tax rise Hong Kong is unlikely to follow ...

    http://www.scmp.com/news/hong-kong/article/1159355/hong-kong-unlikely-follow-singapore-raising-taxes-luxury-homeowners
  10. Business - Economy - PROPERTY

    China puts property tax on hold

    Posted Feb 01st 2013, 12:14pm by Yvonne Liu

    ... object to introduction of the tax, he added. "About 40 per cent of the annual income of local governments comes from property-related business. This will be reduced if the central government ... Yvonne Liu yvonne.liu@scmp.com New leadership feared pilot scheme expansion a threat to urbanisation plan, commentators say China to postpone widening of property tax pilot scheme ...

    http://www.scmp.com/business/economy/article/1140960/china-postpone-widening-property-tax-pilot-programme-report

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