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  1. Developers cut prices of Shenzhen projects

    Posted Nov 07th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Policy measures cool demand for new units with Guangzhou seen as next target of curbs A slowdown in Shenzhen property transactions triggered by Beijing's latest policy measures to slow demand in the market has forced developers to reduce asking prices for new projects. And property agents say the Guangzhou market is next in line for a policy-induced cooling ...

  2. Property agents upbeat over market outlook

    Posted Nov 02nd 2007, 12:00am by Yvonne Liu

    ... building in North Point. According to Ricacorp executive director Willy Liu Wai-keung, the project sold 40 units at an average price of HK$8,500 per square foot. The developer pre-sold the first ...

  3. Tower sold for HK$2b

    Posted Sep 14th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Oterprise Square office building in Tsim Sha Tsui, owned by the controlling shareholders of the Oriental Daily News, is being sold to a consortium for more than HK$2 billion, sources said. The price is about to HK$11,600 per square foot. 'The building has attracted developers and foreign investment funds to submit bids in the past few months,' a source said ...

  4. Tax on property unlikely next year, say analysts

    Posted Dec 31st 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Beijing has made no secret of its desire to cool the mainland's red-hot property market using a range of measures, but analysts doubt whether the government will be able to introduce a property tax by next year. Mainland property transactions have dropped significantly since early October when the government tightened mortgage rules for people buying their second ...

  5. Guangzhou and Chengdu sites fetch 14.4b yuan

    Posted Dec 21st 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu The Guangzhou and Chengdu local governments yesterday sold 13 residential and commercial sites for 14.39 billion yuan, even after central authorities tightened loans to developers. Property agents said the prices for the sites were slightly above expectations, given that developers might have been cautious about land acquisitions following the government's ...

  6. Beijing curbs allow Emperor to lift land bank

    Posted Dec 20th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Property developer Emperor International Holdings is seeking sites in three provincial capitals on the mainland as Beijing's macroeconomic measures improved opportunities for Hong Kong firms to acquire land. Donald Cheung Ping-keung, executive director of Emperor International, yesterday said the company was looking for sites in Nanning in Guangxi, Wuhan in Hubei ...

  7. Developers from HK cash in on restraints

    Posted Dec 19th 2007, 12:00am by Yvonne Liu

    ... Fulton Mak and Yvonne Liu Beijing credit curbs hurt mainland firms Hong Kong developers such as Sun Hung Kai Properties are seizing the advantage from their mainland rivals whose land bank acquisitions are being constrained by Beijing's tightened credit policies. With no competition, Sun Hung Kai Properties won a 12.1 million square foot commercial-residential site in Chengdu ...

  8. Shanghai plans to build island eco-city

    Posted Dec 05th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Chongming project touted as the largest sustainable urban development in the world Shanghai Industrial Investment (Holdings), an investment arm of the Shanghai municipal government, is developing an 'eco-city' on Chongming Island, in the city's north that will be constructed entirely on clean and green principles. Covering 860 hectares ...

  9. Vanke buys 60pc stake in Shanghai project

    Posted Nov 27th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu China Vanke, the mainland's biggest listed developer, paid more than 2.01 billion for a 60 per cent stake in a residential project in Shanghai. The Shenzhen-listed developer last week announced the acquisition of the stake in the project at Tong Shan Street in Pudong, Shanghai's core business district. The 91,000 square metre site has a plot ratio of 2.5 ...

  10. Sky-high prices foil en bloc sales

    Posted Dec 05th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Unrealistic prices demanded by owners of older Mid-Levels flats are scuttling en bloc buyout bids from developers hoping to refurbish the blocks and put them back on the market as luxury units. That is the view of Au Wing-wah, chairman of Richfield Group Holdings, a Hong Kong-listed investment holding company providing property brokerage services. Acting as agent ...




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