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  • September 17, 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

    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
  3. 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
  4. 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
  5. 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
  6. Property - Hong Kong & China - PROPERTY

    Demand for small flats drives Hong Kong market to new high

    Posted Sep 05th 2014, 02:46pm by Sandy Li, Yvonne Liu

    ... flats was also strong. A 35-year-old, 311 sq ft fully furnished unit in Lockhart House, close to Causeway Bay MTR station, is being offered at HK$15,800 a month, or HK$50.80 per sq ft. ... units as they are targeting young professionals," said an agent at Fook Tin Property Agency. The Centa-City leading index showed that property prices on Hong Kong Island and in New ...

    http://www.scmp.com/property/hong-kong-china/article/1585833/hong-kong-property-rent-prices-hit-record-july
  7. Business - Companies - PROPERTY

    Chinese Estates to sell two properties to Joseph Lau

    Posted Sep 02nd 2014, 10:12am by Ray Chan

    ... an analyst at Bocom International. The developer said 94 per cent of the pre-sales agreements of 302 units at La Scala have been cancelled since Macau's Court of First Instance found in March ...

    http://www.scmp.com/business/companies/article/1583497/chinese-estates-sell-la-scala-assets-hk14b
  8. Property - Hong Kong & China - PROPERTY

    Drop in mainland China home prices causing alarm

    Posted Sep 01st 2014, 04:10am by DANIEL REN; LANGI CHIANG

    ... that high deposits for mortgage loans, of 30 per cent for first homes and 60 to 70 per cent for second homes, will ward off a disaster similar to the subprime crisis in the United States. Banks have ...

    http://www.scmp.com/property/hong-kong-china/article/1582415/drop-mainland-china-home-prices-causing-alarm
  9. News - World - PROPERTY

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

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

    ... Bloomberg in Los Angeles Wealthy seeking hedge against bearish outlook for Chinese economy, says analyst, with some moving from house buying into development More Chinese seen buying U.S. homes Henry Nunez, a real estate agent in Arcadia, California, met ...

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

    Shimao looks to speed up sales of unsold units in China

    Posted Jun 24th 2014, 05:58am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Group offers discounts in cities with housing glut in its push to clear 5b yuan worth of stock Shimao looks to speed up sales of unsold units Shimao Property Holdings says it will destock half of its unsold units worth 10 billion yuan (HK$12.6 billion) that are carried over from last year and cut prices in cities suffering from a housing glut, according ...

    http://www.scmp.com/property/hong-kong-china/article/1539196/shimao-looks-speed-sales-unsold-units-china

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