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  • August 20, 2014
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  1. News - China - PROPERTY

    End of the high life: Eccentric Beijing doctor's illegal penthouse villa is demolished

    Posted Aug 06th 2014, 06:04pm by Kathy Gao

    ... Kathy Gao kathy.gao@scmp.com Infamous rooftop structure that was the bane of residents' and officials now just a pile of debris A powerful Beijing doctor’s illegal villa atop a 26-storey building in the capital has been dismantled one year after auth ...

    http://www.scmp.com/news/china/article/1567702/end-high-life-eccentric-beijing-doctors-illegal-penthouse-villa
  2. Property - Hong Kong & China - PROPERTY

    Chinese finance firms target Central offices

    Posted Aug 18th 2014, 03:56am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Leasing activity in HK's business core is on a healthy track as mainland companies take up grade A spaces before through train starts Chinese finance firms target Central offices The upcoming stock through train scheme has breathed life into the office leasing market of Central as mainland financial firms set to expand their presence in Hong ...

    http://www.scmp.com/property/hong-kong-china/article/1575679/chinese-finance-firms-target-central-offices
  3. Business - Companies - PROPERTY

    Chinese insurers set for more deals

    Posted Jul 22nd 2013, 12:00am by Peggy Sito

    ... An acquisition. The mainland's second-largest life insurer on July 8 announced the purchase of the iconic Lloyd's Building. The purchase translated into a net initial yield of 6.1 per cent. ... With rules allowing them to invest 15 per cent of their assets overseas, Ping An's purchase of Lloyd's Building is just the start of a big wave Ping An Insurance (Group)'s ...

    http://www.scmp.com/business/companies/article/1287948/chinese-insurers-set-more-deals
  4. Property - Hong Kong & China - PROPERTY

    Shanty town revamp not enough to prop up slowing China economy

    Posted Jul 28th 2014, 06:29am by Langi Chiang

    ... issue bonds to commercial banks, insurers, pension funds and other investors. The bank made its first shanty town redevelopment loan in 2005 and the outstanding amount is 573.5 billion yuan. ...

    http://www.scmp.com/property/hong-kong-china/article/1560728/shanty-town-revamp-not-enough-prop-slowing-china-economy
  5. Property - Hong Kong & China - PROPERTY

    China approves reverse mortgage pilot scheme

    Posted Jun 24th 2014, 05:58am by Reuters

    ... programme in four cities, its insurance regulator said yesterday. The programme is the latest government effort to help citizens aged 60 and above. The city governments in Beijing, Shanghai, Guangzhou and Wuhan will start a two-year experiment from July 1, the China Insurance Regulatory Commission said. Reverse mortgages, common in developed countries but new to the mainland, ...

    http://www.scmp.com/property/hong-kong-china/article/1539194/china-approves-reverse-mortgage-pilot-scheme
  6. Business - China Business - PROPERTY

    China Vanke embraces the internet with Baidu partnership

    Posted Jun 06th 2014, 12:38am by Langi Chiang

    ... behind many peers including China Resources Land and Longfor Properties. Another developer, Fantasia Holdings Group, has even attempted to spin off its property management subsidiary Colour Life ...

    http://www.scmp.com/business/china-business/article/1526191/china-vanke-embraces-internet-baidu-partnership
  7. Business - Companies - PROPERTY

    Shui On chairman back in driver's seat as CEO quits

    Posted Jan 11th 2014, 01:21am by BLOOM

    ... and improve its cash position. The firm said last month that it would sell a project in Shanghai to China Life Insurance for 3.32 billion yuan (HK$4.2 billion). In November, New York-based Brookfield ...

    http://www.scmp.com/business/companies/article/1402667/shui-chairman-back-drivers-seat-ceo-quits
  8. Property - Hong Kong & China - PROPERTY

    Chinese step up investments in foreign projects

    Posted Feb 17th 2014, 04:47am by Peggy Sito

    ... such as insurers and high net worth individuals rich businessmen who have done well. Most of the Chinese capital went to North America, Europe, the Middle East and Africa, data from CBRE and RCA showed. ... for insurers to buy properties overseas. Among the eye-catching deals last year was the £260 million (HK$3.4 billion) purchase of the Lloyd's Building in London by Ping An Insurance in July. ...

    http://www.scmp.com/property/hong-kong-china/article/1429101/chinese-step-investments-foreign-projects
  9. Property - Hong Kong & China - PROPERTY

    Buyer rush for Hong Kong's luxury flats breathes life into market

    Posted Oct 21st 2013, 03:56am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Competitive pricing and sweeteners at The Austin and The Cullinan help ease the gloom over the sector as locals lose no time to secure deals Buyer rush for luxury flats breathes life into market It might be well past mid-autumn but it could well be spring for Hong Kong's luxury property market, with two projects in West Kowloon well received ...

    http://www.scmp.com/property/hong-kong-china/article/1336146/buyer-rush-hong-kongs-luxury-flats-breathes-life-market
  10. News - Hong Kong - PROPERTY

    Homebuyers face squeeze on mortgage payment protection insurance

    Posted Mar 17th 2013, 12:00am by Joyce Ng

    ... Joyce Ng joyce.ng@scmp.com Biggest provider of mortgage protection insurance may further tighten eligibility criteria in light of increase in interest rates Homebuyer payment protection squeezed The Hong Kong Mortgage Corporation may further tighten eligibility for its payment protection insurance on home loans, in light of rising interest rates. When homebuyers take out loans ...

    http://www.scmp.com/news/hong-kong/article/1192566/homebuyers-face-squeeze-mortgage-payment-protection-insurance

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