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  1. Sino Land sells 39 of 61 flats at its luxury One Mayfair project

    Posted Oct 27th 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com Sino Land said it sold 39 of the first batch of 61 flats at its luxury One Mayfair development in Kowloon Tong within four hours yesterday. The average price ... to be named said: 'The performance is positive as such pricey properties are less likely to sell as fast as mid-priced units.' But Adrian Ngan Wai-hung, head of property research at MF ...

  2. BUY luxury

    Posted Oct 14th 2011, 12:00am

    ... Experts expect luxury properties to weather the storm better than the mass market. 'Luxury properties are more price-resilient and I don't think the market will plunge unless ... address on housing. I believe the first segment to be affected will be the mass market, because its buffer for loan-to-value is only 70 or 80 per cent, whereas luxury property buyers have paid off ...

  3. Business - Money

    Julius Baer luxury lifestyle index

    Posted Oct 08th 2012, 12:00am by Anna Healy Fenton

    ... comes in at the relative bargain price of US$772. This and more is revealed in the 2012 Julius Baer Lifestyle Index, which tracks changes in the cost of luxury items in Hong Kong, Singapore, ... Hong Kong, which happens to be the cheapest city of the four to buy a luxury auto, perhaps to compensate for the utter lack of road space. Mumbai tends to be cheapest for items tracked ...

  4. Cooling tactics deflate sales of luxury homes

    Posted May 06th 2011, 12:00am

    ... Sandy Li Hong Kong luxury home sales dropped sharply last month as measures to cool the sector began to weigh on buying sentiment. Of 7,635 home sales lodged with the Land Registry last month, Ricacorp Properties said those involving properties worth HK$7 million to HK$10 million dropped 37 per cent to 700, from 1,119 in March. Those costing more than HK$10 million registered ...

  5. Property bulls see pieces fall into place for rally

    Posted Dec 29th 2007, 12:00am by Sandy Li

    ... measures on the mainland could dampen growth in luxury housing, even as the outlook for the mass residential segment remains bright. On the side of the bulls, property consultants and a developer ... in the stock market, homebuyers started returning to the property market. For the full year, agents said, overall home prices rose 15 per cent, compared with just 3.5 per cent a year ago, while luxury ...

  6. All the signs point to a sharp correction in property market

    Posted Jun 21st 2005, 12:00am by Tom Holland

    ... a little froth off luxury property prices, it can only be healthy for the market as a whole. Top-end price rises have far outstripped average increases recently. Since the market bottomed out in mid-2003, average residential prices have risen by about 70 per cent. Luxury flats, however, have doubled in price, reflecting the disproportionate number of purchasers buying property in hope ...

  7. No sign of a property bubble, says lands chief

    Posted Oct 22nd 2004, 12:00am by Martin Wong

    ... Martin Wong Economists were wrong in claiming a property bubble existed, the housing chief said yesterday, pointing to prices outside the high end of the market. 'I can see no sign of a bubble. Property prices have not been increased drastically. We can see there is a rise in the prices of luxury units, but the rise in other units is not very high,' Michael Suen Ming-yeung ...

  8. Incomes weak link in property story

    Posted Jan 14th 2004, 12:00am by Staff Reporter

    ... of such a rose-tinted property picture will probably remain wishful thinking. While positive external forces may benefit the luxury end of the market, without a robust recovery in household incomes, the deeper malaise in the mass residential market looks likely to cap price rises. A case made by Colliers Property for the luxury market to see further price gains this year after a 15 per cent rise ...

  9. Analysts sceptical over property price plan

    Posted Apr 02nd 2011, 12:00am

    ... decoration and furniture that most luxury properties now offer. Yi and other economists agreed that what the government could do other than price controls was to impose monetary and fiscal tolls, ... Cary Huang Some 600 cities and county-level cities have submitted their annual targets for property price control to the central government, Xinhua reported last night. Of them, 70 large ...

  10. Property market's key flaws need to be fixed

    Posted May 30th 2006, 12:00am by Staff Reporter

    ... though, the most apparent being that while property developers are eager to build apartments, their attention is firmly on the luxury end of the market, where profits can be maximised. The result ... in luxury accommodation. The mainland has made remarkable progress in the property sector, moving it from being wholly state-owned to permitting widespread private ownership in a decade. ...




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