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  • October 2, 2014
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  1. 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
  2. Property - Hong Kong & China - PROPERTY

    Strong luxury sales at Swire's Arezzo may signal wider property upturn

    Posted Sep 24th 2014, 03:40am by Sandy Li

    ... evidence of a revival in investor interest in big-ticket purchases, agents said. Swire said last night all 50 units had been sold, resulting in sales revenue of HK$1.23 billion. Louis Chan Wing-kit, the managing director of Centaline's residential department, said "about seven or eight potential buyers" had said they planned to buy two units for long-term investment. ...

    http://www.scmp.com/property/hong-kong-china/article/1599037/strong-luxury-sales-swires-arezzo-may-signal-wider-property
  3. Property - Hong Kong & China - PROPERTY

    China developers resist pressure to cut prices, leading to market standoff

    Posted Sep 29th 2014, 02:11am by Langi Chiang

    ... walk from the project- taxis are hard to come by here- Poly Real Estate, another state-owned developer, is trying to offload the remaining 300 units in The West Coast. It is asking 1.45 million ...

    http://www.scmp.com/property/hong-kong-china/article/1603432/china-developers-resist-pressure-cut-prices-leading-market
  4. Property - Hong Kong & China - PROPERTY

    Developers speed up flat launches as mainlanders return to Hong Kong's housing market

    Posted Sep 22nd 2014, 04:28am by Peggy Sito

    ... in the secondary market remain slow. Moreover, the luxury market is still weak, indicating that the broader market is yet to fully recover. In the primary market, developers managed to sell about 170 units on Saturday. Sales were again led by Sun Hung Kai Properties' Wings IIIA in Tseung Kwan O, with a further 116 units sold. Agents said the number of sales was fewer than the 200-plus units achieved ...

    http://www.scmp.com/property/hong-kong-china/article/1597563/developers-press-ahead-flat-launches-lure-home-buyers
  5. Business - China Business - PROPERTY

    Nanjing scraps home purchase curbs

    Posted Sep 22nd 2014, 12:03pm by Peggy Sito, Eric Ng, Yvonne Liu

    ... cent in August, according to the Shanghai Securities News. Sales dropped substantially as well. Among the 10 projects launched in September, three managed to sell 70 per cent of their units, according to mainland website House365.com. But some projects have not been able to sell even 20 per cent of their units since launch. As of September 21, the city had an inventory of 51,200 flats ...

    http://www.scmp.com/business/china-business/article/1597881/nanjing-scraps-home-purchase-curbs
  6. Property - Hong Kong & China - PROPERTY

    Greenland dismisses China housing pessimism as 'overdone'

    Posted Sep 22nd 2014, 04:28am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Greenland says housing pessimism 'overdone' The Hong Kong-listed unit of the mainland's No 2 developer Greenland Group sees plenty of opportunities in the mainland market, dismissing as overdone concerns following a report that home price falls spread to a record number of cities last month. Chen Jun, chairman and chief executive ...

    http://www.scmp.com/property/hong-kong-china/article/1597567/greenland-dismisses-china-housing-pessimism-overdone
  7. Property - Hong Kong & China - PROPERTY

    Sun Hung Kai Properties at forefront of push for tiny Hong Kong homes

    Posted Sep 08th 2014, 04:03am by Sandy Li

    ... Wakefield. Government policy to release more land designated for small flats to meet the target of supplying 20,000 private units per year would also encourage developers, he said. "The increase ... projects into mass housing. It wants to reduce unit sizes from the original 2,000 sqft each to small flats, including studio units as small as 200 sqft. The four projects are in Sheung Shui, Tai ...

    http://www.scmp.com/property/hong-kong-china/article/1587374/sun-hung-kai-properties-forefront-push-small-flats-hong
  8. Property - Hong Kong & China - PROPERTY

    Sales of new homes in Hong Kong may hit seven-year high of 16,000

    Posted Sep 12th 2014, 06:09am by Sandy Li

    ... projects as early as 30 months before completion, up from the previous 24 months. By last month, applications for 9,424 units were awaiting pre-sale consent from the Lands Department. Midland said 64 per cent, or 6,000 units, would not be completed in less than 20 months. Sun Hung Kai Properties, Chinese Estates and Henderson Land Development have released projects well before expected ...

    http://www.scmp.com/property/hong-kong-china/article/1590404/sales-new-homes-hong-kong-may-hit-seven-year-high-16000
  9. Property - Hong Kong & China - PROPERTY

    Government's affordable home drive protects mainland China jobs

    Posted Sep 15th 2014, 04:43am by Langi Chiang

    ... this year, as authorities aim to get 4.8 million affordable homes ready for delivery in 2014 and break ground for seven million new units. In the first seven months, 84 per cent of the first target ...

    http://www.scmp.com/property/hong-kong-china/article/1592734/governments-affordable-home-drive-protects-mainland-china
  10. Business - China Business - PROPERTY

    Socam Development leads with 30pc price cuts to woo homebuyers in Chengdu

    Posted Sep 12th 2014, 10:32am by Langi Chiang

    ... in the first seven days of this month from a month earlier to 801 units. "Only price discounts of at least 10 per cent will possibly fetch satisfactory sales performance," said Lu Qilin, ... conditions". She said the latest sales performance of the bare-shell residential units in Towers 7 and 11 of the Chengdu project, with selling prices ranging from 7,000 to 10,000 yuan per square metre, ...

    http://www.scmp.com/business/china-business/article/1590726/shui-land-leads-30pc-price-cuts-woo-homebuyers-chengdu

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