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  • July 26, 2014
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  1. Ministers to discuss property price concerns with developers

    Posted Oct 23rd 2009, 12:00am by Gary Cheung

    ... property market data, including affordability, transaction figures, mortgage interest rates, and the link between the prices of luxury and mass-market flats. 'Our observation ... vice-president Stewart Leung Chi-kin and other representatives to express concern about consumers being misled amid controversy over the 46-storey luxury residential project at 39 Conduit Road carrying ...

  2. Stability pays off

    Posted Sep 30th 2011, 12:00am

    ... at the luxury real estate scene in the city state. We also feature an exhibition on renowned architect Frank Gehry, whose first luxury residential property in Hong Kong is nearing completion. ... As for luxury properties, the facts are clear. Despite lower mortgage rates and more supply from the government, prices remain firm. The reality is that the dynamics of the mass and luxury markets ...

  3. Quotes of the Week

    Posted Oct 31st 2009, 12:00am by Alex Lo

    ... record-breaking luxury residential block 39 Conduit Road There is absolutely no question of the government giving in to pressure from any party, or twisting the system to appease anyone out of political ...

  4. Tighter loan caps expected for luxury homes

    Posted Oct 22nd 2009, 12:00am by Dennis Eng

    ... Dennis Eng, Maria Chan Guidelines that will place tighter restrictions on home financing in the luxury property market are expected soon, although banks may be given a grace period to comply, banking sources say. Capping the amount banks can lend at 60 per cent of a property's value for homes worth more than HK$20 million, down from 70 per cent, was one of the measures ...

  5. MATTER of opinion

    Posted Oct 28th 2011, 12:00am

    ... Kenneth Ko Opinions are divided on the outlook for the luxury property sector in Hong Kong. Some experts believe that Chief Executive Donald Tsang Yam-kuen's annual policy address ... plans to build more small flats, with stricter rules for the sale of new residential land. 'In a way, the luxury home market will benefit. More land reserved for the construction ...

  6. Property developers brace for more woe

    Posted Oct 10th 2011, 12:00am

    ... the number of property transactions last month fell 10.46 per cent to 6,579. Residential deals, including primary and secondary units, fell 11.32 per cent month on month to 4,823. Ricacorp predicts ... as further bad news for the property market, said Patrick Chow Moon-kit, head of research at property agent Ricacorp Properties. The continued fall in property sales and prices could also trigger ...

  7. His best shot

    Posted Oct 22nd 2011, 12:00am

    ... flats with incomes of individual families, rather than follow the market prices. The plan should mean cheaper private properties can begin to be differentiated from the luxury private market, ... opinion on this issue often flip-flops with no traceable trends. For example, the closing tender for the Nam Cheong station residential project of HK$11.8billion was below market expectations. ...

  8. Exco's Lau Wong-fat blames staff for failure to declare property deals

    Posted Oct 01st 2010, 12:00am by Ambrose Leung

    ... the relationship between his companies and those owned by other members of his family. Lau has reported ownership of 20 residential and commercial properties, 297 pieces of land and 72 firms. The Chief ... Executive Councillor Lau Wong-fat last night blamed his staff for his failure to declare three property transactions that critics say constituted a conflict of interest with his cabinet ...

  9. A failure to bring home the bacon

    Posted Jun 29th 2012, 12:00am

    ... that was run-down public housing or old factories. Some of these sites are in prime urban settings and are being sold off to developers to build luxury properties such as North Point Estate, Ho Man Tin ... the influx of hot money from the mainland boosted demand, especially for luxury properties. In the first quarter of this year, 33 per cent of the deals struck in the luxury sector- flats sold ...

  10. 'No need' for the luxury

    Posted Jun 01st 2012, 12:00am

    ... Colleen Lee colleen.lee@scmp.com The government spending watchdog says the chief executive hosted just one 25-minute meeting in the US$6,900 presidential suite he stayed in during a one-night visit to the Brazilian capital, despite government claims that ...




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