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  1. 35pc of luxury HK flats sold to mainlanders

    Posted Oct 14th 2010, 12:00am by Yvonne Liu

    ... Kong market, Ng said. Research by Centaline Property Agency showed that new luxury units costing more than HK$12 million were the most popular among mainland buyers. In the first half, about ... More than one in three new luxury flats in Hong Kong were bought by mainlanders in the first half of this year - a rise of more than 50 per cent compared to the second half of last year. ...

  2. Shimao Property buys luxury apartment project for 805m yuan

    Posted Jun 05th 2010, 12:00am by Sandy Li

    ... Sandy Li Shimao Property Holdings has acquired a luxury serviced apartment project in Beijing for 805 million yuan (HK$918.5 million). The property, Oakwood Residence Beijing, in Chaoyang ... marginally from previous months as buyers waited on government moves to cool the property sector. 'The company also postponed new product launches in a move that inflicted some impact ...

  3. Luxury residence for a fraction of the cost

    Posted Oct 29th 2010, 12:00am by Richard Warren

    ... fractional ownership, a share of the property is purchased which entitles the buyer to use it for some of the year. Normally, a fractional property has between four to eight owners, though sometimes it can be dozens. Fractional owners are sometimes called members. The amount of time a fractional owner has at a property depends on the size of their fraction. Members can rent out ...

  4. Luxury site sets Kowloon record at land auction

    Posted Sep 01st 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu A luxury residential site in Kowloon topped records at a land auction yesterday, underpinning the buoyancy of the runaway property market. Property sales, which had fallen ... prompting a series of cooling measures including reducing the availability of mortgage loans for luxury and investment properties as well as tighter control on speculative selling. Leo Siu, a senior ...

  5. New heights of luxury

    Posted Nov 12th 2010, 12:00am by Alex Frew Mcmillan

    ... properties, comprising high-rise buildings from a handful of developers, have given new meaning to what a 'luxury neighbourhood' stands for in Hong Kong. 'It is unlike many traditional luxury areas such as The Peak and Island South,' says Buggle Lau, chief analyst at Midland Realty. 'Most people choose West Kowloon because of convenience and it is popular ...

  6. Site sales for luxury flats intended to cool market

    Posted Feb 26th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu The government hopes to cool down the luxury property market, where prices have risen fast, by selling sites in the next two years on which developers can build 2,200 flats. ... as an excuse to speculate in luxury residential properties. Lam said: 'We saw exceptional growth in luxury property prices last year, which has affected prices of mass residential ...

  7. Luxury flats poised to hit market in bid to beat stamp duty rise

    Posted Feb 25th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Expect a surge of new luxury flats on the market in the next few weeks as developers rush to avoid higher stamp duty on properties priced above HK$20 million, which takes effect ... Lei Chau, jointly developed by Sun Hung Kai Properties, Kerry Properties and Paliburg Holdings. Sun Hung Kai is also set to sell its phase three development of Peak One in Sha Tin. The minimum ...

  8. Professionals enjoy a touch of luxury in Signature homes

    Posted Mar 12th 2010, 12:00am by Staff Reporter

    ... luxury homes, from quality serviced apartments in Central and Kowloon Station to long-lease luxury properties in Deep Water Bay, Repulse Bay, Mid-Levels and Kowloon. Among the many long-lease ... that apart from these two properties, its other luxury residential properties are well-equipped to fulfil the demands of its international and local tenants. Signature also offers other facilities ...

  9. Luxury projects stalled in bid to control prices

    Posted Nov 17th 2010, 12:00am by Yvonne Liu

    ... The governments are trying to decrease the release of luxury properties in order to create a false appearance that property prices of new projects are falling,' said an analyst who wanted to remain anonymous. 'The demand for luxury properties is strong. The governments decided to use administrative means to control average price levels. It could also avoid the embarrassment of having ...

  10. There's a price to pay for life of luxury at Silverstrand

    Posted Feb 12th 2010, 12:00am by Staff Reporter

    ... Inflated asking prices for residential properties in some parts of Clearwater Bay are resulting in a dramatic slowdown in transactions. 'The asking prices in certain areas of Clearwater Bay have been made with reference to other residential properties in the city, but they have now reached a point where people consider them too high,' says Mathew Chung Kwong-yiu, ...




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