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  • September 20, 2014
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  1. Property - Hong Kong & China - REGULATION

    Beating the bid-riggers: Angry homeowners use competition law to battle price-fixing

    Posted Sep 15th 2014, 04:43am by Benjamin Robertson, Elaine Yau

    ... Benjamin Robertson and Elaine Yau A group of disgruntled HK homeowners is harnessing competition law to battle inflated costs from manipulated construction tenders Beating the bid-riggers ... competition law. Last month, the Property Owners’ Anti Bid-Rigging Alliance, an activist group representing 40 housing estates, marched to the Wan Chai office of the freshly staffed Competition ...

    http://www.scmp.com/property/hong-kong-china/article/1592797/beating-bid-riggers
  2. News - Hong Kong - POLITICS

    Law to affirm double stamp duty passed, 17 months after levy came in

    Posted Jul 16th 2014, 04:15am by PHILE SIU, Ada Lee

    ... Phila Siu and Ada Lee The extra tax, which has been levied on almost all property purchases since early last year, voted into law before Legco’s summer break Doubling of stamp duty at last ... with the passage of the law. Secretary for Financial Services and the Treasury Professor Chan Ka-keung said he was happy the legislation had finally passed. He said it would be reviewed in the next 12 ...

    http://www.scmp.com/news/hong-kong/article/1555049/law-affirm-double-stamp-duty-passed-17-months-after-levy-came
  3. Property - Hong Kong & China - REAL ESTATE

    Property market jitters possible amid uncertainty over law to double stamp duty

    Posted Jul 14th 2014, 04:25am by Peggy Sito, Sandy Li

    ... Peggy Sito and Sandy Li Uncertainty over legislation risks weakening market confidence, warn industry observers Stamp duty law delay unlikely to benefit owners Property owners are set ... to the government until it is enshrined in law. "If the bill cannot be passed this year, this will not have any practical impact on the market," said Cusson Leung, head of property research ...

    http://www.scmp.com/property/hong-kong-china/article/1553619/property-market-jitters-possible-amid-uncertainty-over-law
  4. Property - International - SOUTH AFRICA

    Building fuels office glut in South Africa's financial hub

    Posted Sep 10th 2014, 04:43am by Bloomberg

    ... include a 34,500 sq metre office for law firm Webber Wentzel and 67,000 sq metres for Sasol, the world's largest producer of petrol from coal, Jones Lang said. Eight more towers are planned, ...

    http://www.scmp.com/property/international/article/1588767/building-fuels-office-glut-south-africas-financial-hub
  5. Property - Hong Kong & China - PROPERTY

    Easy money policies a boon for Hong Kong real estate sector

    Posted Sep 05th 2014, 02:41pm by Peggy Sito

    ... JLL Hong Kong "Prime Hong Kong real estate is considered defensive and safe. The economy is stable, there is strong governance and rule of law, the current interest-rate environment makes ...

    http://www.scmp.com/property/hong-kong-china/article/1585831/easy-money-policies-boon-hk-real-estate-sector
  6. Property - International - FRANCE

    France government seek new measures to revive slump

    Posted Sep 03rd 2014, 03:50am by Reuters

    ... growth, which stagnated in the first and second quarters in part because of collapsing household investment in new homes. Developers and builders say the situation has been worsened by a new law ...

    http://www.scmp.com/property/international/article/1583859/france-government-seek-new-measures-revive-slump
  7. Property - Hong Kong & China - STRATEGY

    Online competition adds to property agencies’ woes on mainland

    Posted Aug 26th 2014, 12:39pm by Langi Chiang

    ... important, even in the name of innovation." He said the mainland needed to step up law enforcement to keep pace with the rapid development of the internet. ...

    http://www.scmp.com/property/hong-kong-china/article/1580733/online-competition-adds-property-agencies-woes-mainland
  8. Property - Hong Kong & China - PROPERTY

    Hainan cracks down on idle land parcels

    Posted Aug 25th 2014, 03:31am by Langi Chiang

    ... developers were likely to violate the law, Lin said. However, they are usually compensated for land that is taken back by the government. It has been a common issue across the mainland, according ...

    http://www.scmp.com/property/hong-kong-china/article/1580469/hainan-cracks-down-idle-land-parcels
  9. Property - Hong Kong & China - AUDITING

    Mainland authorities to conduct audit of local government land sales

    Posted Aug 18th 2014, 10:58am by Jeanny Yu

    ... it said. The audit’s targets would include the proceeds of land sales between 2008 and last year, as well as the enforcement of laws related to land expropriation, reserves and supply ...

    http://www.scmp.com/property/hong-kong-china/article/1575929/mainland-authorities-conduct-audit-local-government-land
  10. Property - Hong Kong & China - PROPERTY

    China property policies undergoing renovation

    Posted Aug 18th 2014, 03:56am by Langi Chiang

    ... the formulation of a law based on the trials has begun. Jia Kang, a top tax adviser at a Ministry of Finance think tank, told a recent forum that the property tax law could be approved and imposed by 2017 ...

    http://www.scmp.com/property/hong-kong-china/article/1575688/china-property-policies-undergoing-renovation

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