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  1. Beijing urged to keep its foot on property brake

    Posted Dec 10th 2011, 12:00am

    ... and Investment and Longfor Properties to cut prices by 20 to 40 per cent to raise cash. China Overseas Land and Investment (Coli) on Thursday said its contracted sales tumbled by 48 per cent to HK$3.5 ... Sandy Li sandy.li@scmp.com A top government think tank says the mainland should continue to impose strict austerity measures to curb property price growth, and suggests a 'soft ...

  2. Comment - Letters

    Officials caused property crisis

    Posted Mar 09th 2013, 12:00am by LETTERS

    ... Government policies helped developers, but not HK citizens Repeated interventions in the Hong Kong property market by officials, particularly former chief executive Donald Tsang Yam-kuen ... the large property developers. The government then allowed mainlanders to flood into Hong Kong and seek residency by investing in property, pushing up demand. Meanwhile, the renminbi has appreciated ...

  3. Big property deals nearly double in first half

    Posted Aug 10th 2012, 12:00am

    ... Angela Che angela.che@scmp.com Sales of investment properties valued above HK$100 million nearly doubled in Hong Kong in the first half of the year, with expectations the momentum will continue for the rest of 2012. A study by property consultant Cushman and Wakefield found that the number of such transactions increased 92.4 per cent to 177 compared with the second half year ...

  4. Kerry Properties beats expectations

    Posted Mar 16th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Kerry Properties generated better-than-expected contract sales last year, and has set a contract sales target of HK$10 billion for 2012. The developer earned ... Properties president Wong Siu-kong said housing demand on the mainland remained strong, though sales were sluggish because of tight credit conditions and restrictions on the buying of second homes. ...

  5. Wharf lowers property sales target

    Posted Mar 23rd 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Wharf has cut its mainland property sales target by 21 per cent after Beijing vowed to maintain austerity measures aimed at cooling the overheating sector. ... dividend of 70 HK cents a share. Driven by strong retail rentals and property sales, turnover reached a record HK$24 billion, up 24 per cent from 2010. During the year, Wharf paid 13.5 billion yuan ...

  6. Property prices head downhill

    Posted Jan 31st 2012, 12:00am

    ... Yvonne Liu and Paggie Leung Mass residential flat prices are expected to fall 10 to 15 per cent this year as housing supply continues to grow. Luxury properties worth more than HK$30 million will also see an adjustment of only 5 to 10 per cent, says Vincent Cheung, valuation and advisory director for Greater China at Cushman & Wakefield. In the office market, average rents ...

  7. Higher property sales despite cooling efforts

    Posted Jan 13th 2011, 12:00am by Sandy Li

    ... Sandy Li China Overseas Land and Investment said yesterday its property sales jumped 40.4 per cent last year from 2009, despite the central government's measures to cool the market. ... Property Group saw its property sales rise 66 per cent to 4.8 billion yuan last year. It sold a total gross floor area of 442,400 square metres at an average price of 10,900 yuan (HK$12,800) per ...

  8. Comment - Letters

    Hong Kong not gaining from peg

    Posted May 06th 2013, 12:00am by LETTERS

    ... is due to hot money coming into the SAR. It is used to invest in property and mainland shares and spending by mainland tourists raise prices. This influx of money may have generated a few extra ... As a consequence the wealth gap in the city is growing wider. Imposing higher taxes on the rich and property ownership helps redistribute wealth. A tax specifically on property ownership, with a higher ...

  9. Li brothers move into property development

    Posted Sep 03rd 2010, 12:00am by Eric Ng

    ... Eric Ng Former gymnastics star Li Ning and his brother Li Chun are moving into industrial park and property development through Growth Enterprise Market-listed Coolpoint Energy. ... in the first half of this year. At the time, Coolpoint said the brothers intended for it to diversify into 'sports-themed' community property development, sports talent management, organising ...

  10. Property firm seeks experienced staff

    Posted Jun 18th 2010, 12:00am by Staff Reporter

    ... who are already familiar with property management laws,' says Elsie Hui, human resources director for north Asia. Candidates should be client-focused, organised and independent. ... and financial support for professional subscriptions.' The company also has a mentoring system. 'Property management has become more significant in Hong Kong and on the mainland as people ...




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