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  • April 18, 2014
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  1. News - Hong Kong - PROPERTY

    Outdated licensing law 'behind New Territories land disputes'

    Posted Mar 08th 2014, 02:49am by Ernest Kao

    ... Ernest Kao ernest.kao@scmp.com Experts want government to review licensing law and its lax enforcement, saying it has led to misuse of land and adverse possession claims Outdated policy ... is debatable as the licences are, by law, not transferable and are to be cancelled immediately upon a licensee's death to prevent misuse of the land. But Lee said that without mandatory checks ...

    http://www.scmp.com/news/hong-kong/article/1443058/outdated-licensing-law-behind-new-territories-land-disputes
  2. Property - Hong Kong & China - PROPERTY

    Fosun plans Sichuan trade centre

    Posted Mar 31st 2014, 05:21am by Peggy Sito

    ... moderately, in accordance with the law, and promote public-private partnership to attract private capital for urban infrastructure construction. The trading and logistics centre is one of the concepts ...

    http://www.scmp.com/property/hong-kong-china/article/1461188/fosun-plans-sichaun-trade-centre
  3. News - Hong Kong - PROPERTY

    Probe into 39 Conduit Road luxury flat sales ends

    Posted Mar 13th 2014, 03:15am by Jennifer Ngo

    ... compensation. The buyers were shell companies registered in the British Virgin Islands, represented by the same law firm. Police raided the company and a law firm on July 14, 2010, after much public ...

    http://www.scmp.com/news/hong-kong/article/1447286/probe-39-conduit-road-luxury-flat-sales-ends
  4. Property - Hong Kong & China - PROPERTY

    Mainland Chinese tourist boom sparking hotel conversions in Hong Kong's residential areas

    Posted Mar 17th 2014, 12:51am by Yvonne Liu

    ... tourists keen to stay at a hotel close to the Hung Hom train station and Tsim Sha Tsui. Meanwhile, Barry Law Lam-wai, the former owner of real estate agency Ricacorp Properties, applied to convert ...

    http://www.scmp.com/property/hong-kong-china/article/1450166/mainland-chinese-tourist-boom-fuels-hotel-rush-hong-kong
  5. News - Hong Kong - PROPERTY

    Controversial property stamp duty bill moves one step closer to passage

    Posted Feb 20th 2014, 12:22pm by Amy Nip and Tanna Chong

    ... Amy Nip and Tanna Chong Buyer's stamp duty likely to become law within days, but will it encourage sellers to cut prices and boost sluggish sales of second-hand flats? Agents divided ... by corporations or by individuals who are not permanent residents. Agencies are divided over the likely effect of the tax, introduced in 2012 to curb soaring prices, becoming law. Some believe its passage ...

    http://www.scmp.com/news/hong-kong/article/1431681/controversial-stamp-duty-bill-moves-one-step-closer-passage
  6. News - Hong Kong - PROPERTY

    Higher stamp duties approved by Legco 16 months after being imposed

    Posted Feb 23rd 2014, 05:11am by Tony Cheung

    ... rise finally approved Higher stamp duties to cool Hong Kong's property market finally became law yesterday amid a flurry of grandstanding in the Legislative Council. The duties, which have ... pan-democrats walked out of the Legco chamber in protest at not getting the law change they wanted. The bill authorising the duties then passed by a wide margin of 30 votes to six, with six abstentions. ...

    http://www.scmp.com/news/hong-kong/article/1433559/higher-stamp-duties-approved-legco-16-months-after-being-imposed
  7. News - Hong Kong - PROPERTY

    Stamp duty expected to hit second-hand homes hardest

    Posted Feb 24th 2014, 04:45am by Sandy Li

    ... second-largest property developer, Sun Hung Kai Properties, believes higher stamp duties that became law at the weekend will hit the secondary residential market hardest, despite developers slashing ... Bill 2012 became law on Saturday following a four-day debate in the Legislative Council. The bill imposes a buyer's stamp duty of 15 per cent on top of the existing duty on non-permanent ...

    http://www.scmp.com/news/hong-kong/article/1433797/stamp-duty-expected-hit-second-hand-homes-hardest
  8. News - Hong Kong - PROPERTY

    Mass rally planned against controversial property market cooling measures

    Posted Feb 24th 2014, 11:44am by Fanny W. Y. Fung and Ng Kang-chung

    ... with Hong Kong-born children can also enlist the exemption. To urged the government to plug the loophole and a few others before the law was passed. To was speaking at a Legislative Council bills ...

    http://www.scmp.com/news/hong-kong/article/1434023/mass-rally-planned-against-controversial-property-market-cooling
  9. News - Hong Kong - PROPERTY

    Legco set to vote for year-old stamp duty rise

    Posted Feb 18th 2014, 05:11am by TANNA CHONG AND OLGA WONG

    ... duties introduced to cool the property market look set to become law tomorrow- more than a year after they took effect- after a concession by the government last week won more support from ... to be postponed until a promise by Secretary for Transport and Housing Professor Anthony Cheung Bing-leung to amend the mechanism for adjusting the duty levels has been written into the law. "It ...

    http://www.scmp.com/news/hong-kong/article/1429836/legco-set-vote-year-old-stamp-duty-rise
  10. Property - Hong Kong & China - PROPERTY

    Experienced eye guides moves to super-deluxe

    Posted Feb 07th 2014, 05:18am by Sandy Li

    ... Road, was sold to a mainland lawyer, Li Shufeng, the chairman of Greater China practice at US law firm Paul Hastings, for HK$740 million. At HK$107,825 per square foot, the purchase marked ...

    http://www.scmp.com/property/hong-kong-china/article/1422457/experienced-eye-guides-moves-super-deluxe

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