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  • October 26, 2014
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  1. Business - Money - PROPERTY

    Chinese developers' Hong Kong back-door listing units fall out of favour

    Posted Oct 20th 2014, 04:56am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Mainland developers' plans to float themselves in the city dim hopes for massive asset injections HK back-door listing units fall out of investor favour ... then rose to HK$4 on September 17 last year on news that the company had injected mainland property assets valued at HK$14.17 billion into its Hong Kong-listed unit. They closed unchanged at HK$1.65 ...

    http://www.scmp.com/business/money/markets-investing/article/1620092/chinese-developers-hong-kong-back-door-listing
  2. Property - Hong Kong & China - PROPERTY

    Official forecast of 74,000 new homes in Hong Kong hailed as a record

    Posted Oct 24th 2014, 01:59pm by Sandy Li

    ... developers could sell 17,000 units this year, the most since 2007. As of September 25, Midland Realty data showed developers had sold more than 11,800 units, 18 per cent more than the 9,986 units ... cent week on week to 129.83. The index has climbed 9 per cent this year, according to investment bank BNP Paribas. Of the projected 74,000 units, 60,000 are under construction and 5,000 have ...

    http://www.scmp.com/property/hong-kong-china/article/1623706/official-forecast-74000-new-homes-hong-kong-hailed-record
  3. Property - Hong Kong & China - PROPERTY

    Developers squeeze out tiny flats as home prices soar

    Posted Oct 20th 2014, 04:56am by Sandy Li

    ... Kong, the world's costliest city to buy property. "I used to live alone in an 80 sq metre (860 sq ft) unit in Beijing," Kuang said. "I was shocked when my budget was only ... 165 sq ft, at its Mont Vert II development in Tai Po, two months after selling a 177 sq ft unit for HK$1.77 million at Mont Vert I. The 165 sq ft offering was one square foot smaller than one ...

    http://www.scmp.com/property/hong-kong-china/article/1620091/developers-squeeze-out-tiny-flats-home-prices-soar
  4. Business - Companies - PROPERTY

    MTR seeks expressions of interest for phase five of Lohas Park project

    Posted Oct 21st 2014, 12:16pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com MTR Corp has invited expressions of interest for a 1,600-unit residential development at phase five of its Lohas Park project in Tseung Kwan O. The development is expected to generate strong interest from local and mainland Chinese developers, with bids estimated to come in at as high as HK$2.5 billion. The project was at the north end of Lohas ...

    http://www.scmp.com/business/companies/article/1621184/mtr-seeks-expressions-interest-phase-five-lohas-park-project
  5. Property - Hong Kong & China - PROPERTY

    Hong Kong home buying surge slows on absence of new projects

    Posted Oct 13th 2014, 04:02am by Peggy Sito

    ... the impact of Occupy Central protests. About 240 properties were sold in the primary market during the weekend, against 456 units snapped up in the previous weekend, "The buying momentum was not bad but the number of units sold was fewer than that of the previous week, taking into account that there were no brand new projects offered for sale over the weekend," said Louis Chan ...

    http://www.scmp.com/property/hong-kong-china/article/1615295/hong-kong-home-buying-surge-slows-absence-new-projects
  6. Property - Hong Kong & China - PROPERTY

    90 per cent of One South Lane first-batch units sold to investors

    Posted Sep 10th 2014, 02:44am by Sandy Li

    ... to 268 sq ft, at One South Lane after sales kicked off at 10am. The single block, due to be completed in April 2016, comprises 92 units. "About 80 to 90 per cent of buyers were investors. There were at least four buyers who bought two units," said Sammy Po, the chief executive of Midland Realty's residential department. Po said the units could rent for HK$80 per square foot ...

    http://www.scmp.com/property/hong-kong-china/article/1588903/90-cent-one-south-lane-first-batch-units-sold-investors
  7. Property - Hong Kong & China - PROPERTY

    New World wins 'sweet deal' MTR Tai Wai project

    Posted Oct 15th 2014, 05:10am by Sandy Li

    ... of the financial year to March will be able to provide about 10,100 flats. MTR is required to sell enough land to provide 4,600 units, or nearly 70 per cent of the targeted 6,700 for the three months ...

    http://www.scmp.com/property/hong-kong-china/article/1616577/new-world-wins-sweet-deal-mtr-tai-wai-project
  8. Property - Hong Kong & China - PROPERTY

    MTR Corp's Tai Wai project gets nine new bids after entry rules eased

    Posted Oct 14th 2014, 04:48am by Sandy Li

    ... In order to drum up interest and reduce developers' financial burdens, interested parties can opt to just develop the residential portion, comprising 2,900 units. In that case, the MTR Corp ...

    http://www.scmp.com/property/hong-kong-china/article/1615947/mtr-corps-tai-wai-project-gets-nine-new-bids-after-entry
  9. Property - International - PROPERTY

    Singapore home builders face looming debt as prices drop

    Posted Oct 13th 2014, 04:02am by Bloomberg

    ... being built remains high. Units under construction reached a record in the second quarter of last year and some 65,270 flats were in the pipeline as of June 30, URA data showed. Regulatory ...

    http://www.scmp.com/property/international/article/1615379/singapore-home-builders-face-looming-debt-prices-drop
  10. Property - Hong Kong & China - PROPERTY

    MTR Corp expected to lower land prices in bid to sell Tin Shui Wai site

    Posted Oct 06th 2014, 04:05am by Sandy Li

    ... to sell enough land to provide 4,600 units, or nearly 70 per cent of the targeted 6,700 for the three months to December, under the government's land sale programme for this quarter. ... in Tseung Kwan O that could yield 3,100 units. MTR Corp has failed to sell the Tin Shui Wai site in two previous tender attempts and is likely to have another go before the end of the year to meet ...

    http://www.scmp.com/property/hong-kong-china/article/1610159/mtr-corp-expected-lower-land-prices-bid-sell-tin-shui-wai

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