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  • July 25, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Prime rents under pressure as mainland China tourist numbers decline

    Posted May 12th 2014, 02:58am by Peggy Sito, TIFFANY AP

    ... Peggy Sito and Tiffany Ap Changes in shopping habits of mainland tourists will see a fall off in prime rentals, offset by shift to northern districts Rents to fall on slide in tourists A decline in retail sales, combined with an unexpected drop in mainland tourist arrivals for this month’s Labour Day holiday, are signals pointing to a reversal of rising retail rents in Hong Kong. ...

    http://www.scmp.com/property/hong-kong-china/article/1510197/prime-rents-under-pressure-mainland-china-tourist-numbers
  2. Property - Hong Kong & China - PROPERTY

    Mainland Chinese tourist boom sparking hotel conversions in Hong Kong's residential areas

    Posted Mar 17th 2014, 12:51am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Landlords seek to convert small shopping centres in non-core areas into inns amid an influx of short-stay mainland visitors Tourist boom sparks hotel rush The influx of mainland tourists has made the landlords of small shopping centres in non-core parts of Hong Kong dreaming of bigger profits by converting them into hotels. Previously, developers ...

    http://www.scmp.com/property/hong-kong-china/article/1450166/mainland-chinese-tourist-boom-fuels-hotel-rush-hong-kong
  3. News - Hong Kong - PROPERTY

    Big interest expected in small flats at Fung Yuen, Tai Po

    Posted Jul 11th 2014, 11:39pm by Yvonne Liu

    ... half of the tenants are mainland students. They have to rent a flat before the academic year at the universities begins." Liu Zhanxiang, a mainlander newly graduated from Chinese University, said: "Tai Po is close to the university. I think many mainland students would be interested in the flats. But the flat size is only 177 sq ft. It's too small for me." ...

    http://www.scmp.com/news/hong-kong/article/1552394/big-interest-small-flats-fung-yuen-tai-po-expected
  4. Property - Hong Kong & China - PROPERTY

    Hong Kong-listed Lai Fung pays record price for Shanghai parcel

    Posted Jul 10th 2014, 04:56am by Langi Chiang

    ... Realty. "However, the record high price will not affect the souring sentiment in the real estate market." After a bumper 2013, the mainland's property market soured this year ... was set in 2010, when mainland developer Overseas Chinese Town bought a parcel at a cost of about 52,000 yuan per square metre. Mainland developer Sunac China bought a property in Beijing ...

    http://www.scmp.com/property/hong-kong-china/article/1550674/hong-kong-listed-lai-fung-pays-record-price-shanghai-parcel
  5. Property - Hong Kong & China - PROPERTY

    Mainland China property market cooling down fast

    Posted Jun 16th 2014, 03:12am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Mainland real estate market showing signs of cooling down more rapidly than expected, with developers hit hard by reluctant homebuyers A developing ... of a storm that is hanging over the mainland's slowing economy. And a developer, Guang Group, is having cash-flow problems. It is not the first developer to find itself in such a predicament ...

    http://www.scmp.com/property/hong-kong-china/article/1533544/mainland-china-property-market-cooling-down-fast
  6. News - World - PROPERTY

    More wealthy Chinese likely to buy homes in United States, analysts say

    Posted Jul 11th 2014, 12:04am by BLOOM

    ... is a lot of people wanting to invest their money here." Buyers from mainland China, Hong Kong and Taiwan spent US$22 billion on US homes in the year until March, up 72 per cent from the same ...

    http://www.scmp.com/news/world/article/1551334/more-wealthy-chinese-likely-buy-homes-united-states-analysts-say
  7. Property - Hong Kong & China - PROPERTY

    Cash-strapped mainland developers delaying commissions to property agents

    Posted Jun 13th 2014, 10:47am by SANDY LI AND LANGI CHIANG

    ... Sandy Li and Langi Chiang Delayed payment of commissions by developers comes as agencies on the mainland are hit hard by falling revenues amid a market downturn Long wait for fees takes toll on agents Mainland property agents are reeling from a double whammy, as cash-strapped developers fail to pay them commissions for marketing and ancillary services at the same time ...

    http://www.scmp.com/property/hong-kong-china/article/1531446/cash-strapped-mainland-developers-delaying-commissions
  8. Property - Hong Kong & China - PROPERTY

    Cofco sees joy in growing mall rentals from Chinese cities

    Posted Jul 07th 2014, 05:28am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Cofco sees joy in mall rental income strategy Cofco Land, a state-backed mainland commercial property developer, opened its sixth Joy City complex yesterday, as part of the company's strategy to eventually generate half of its revenues from rental income, up from less than 10 per cent now. The developer planned to operate 20 such projects ...

    http://www.scmp.com/property/hong-kong-china/article/1548272/cofco-sees-joy-growing-mall-rentals-chinese-cities
  9. Property - Hong Kong & China - PROPERTY

    Increase in land supply helps small developers compete with big firms

    Posted Jul 01st 2014, 04:11am by Sandy Li

    ... Knight Frank, said the land market was undergoing significant change. "It is a scene that we've never seen before. We have new entrants like small developers as well as big mainland ...

    http://www.scmp.com/property/hong-kong-china/article/1543903/increase-land-supply-helps-small-developers-compete-big
  10. Property - Hong Kong & China - PROPERTY

    China approves reverse mortgage pilot scheme

    Posted Jun 24th 2014, 05:58am by Reuters

    ... Reuters in Beijing Beijing nod to reverse mortgage pilot scheme The mainland will allow retirees to take out bank loans against their homes to pay for their living expenses under a pilot ... Guangzhou and Wuhan will start a two-year experiment from July 1, the China Insurance Regulatory Commission said. Reverse mortgages, common in developed countries but new to the mainland ...

    http://www.scmp.com/property/hong-kong-china/article/1539194/china-approves-reverse-mortgage-pilot-scheme

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