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  • July 31, 2014
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  1. Property - Hong Kong & China - HOUSING

    Tai Po apartment project sells 400 Mont Vert units in first day despite 'no viewing' rule

    Posted Jul 27th 2014, 05:26am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Majority of flats at Mont Vert sold on first day Despite controversy over its "no viewing" stipulation for prospective buyers, 400 of the 492 apartments available at Mont Vert in Tai Po were bought on the first ...

    http://www.scmp.com/property/hong-kong-china/article/1560101/tai-po-apartment-project-sells-400-492-mont-vert-units
  2. Property - Hong Kong & China - HOUSING

    Hong Kong to see surge in tiny flats as demand remains strong

    Posted Jul 29th 2014, 04:08pm by Sandy Li

    ... A Midland Realty survey showed that land that had been sold in the past two years and designated for building small flats would supply 12,400 units over the next few years. Upcoming new home sales include those at Sun Hung Kai Properties' 968-unit The Wings Phase 3 in Tseung Kwan O, which will offer about 200 small units of 334 sq ft to 360 sq ft. The official launch date has not yet ...

    http://www.scmp.com/property/hong-kong-china/article/1561853/trend-towards-tinier-flats-seen-prices-rents-rise
  3. Property - Hong Kong & China - HOUSING

    Strong bidding for Xiamen land points to continued home price rises

    Posted Jul 18th 2014, 02:52am by Sandy Li

    ... revenue of two billion yuan from the sale of 400 units at its Xiamen Lakeside Garden in April and May. The units were sold as bare shells for an average of 35,000 yuan per square metre, a company spokesman in Xiamen said. "About half of our buyers are from Quanzhou and Longyan," he said. "They bought the units for the schooling of their children. Now we only have six units ...

    http://www.scmp.com/property/hong-kong-china/article/1555915/strong-bidding-xiamen-land-points-continued-home-price
  4. Property - Hong Kong & China - HOUSING

    Decline in Beijing’s used home prices accelerates as Shanghai’s edge up

    Posted Jul 15th 2014, 03:18pm by Langi Chiang

    ... to 7,833 units. As the capital offers a growing number of homes for self-use priced 30 per cent lower than similar units in the vicinity, most homebuyers prefer to queue for government-backed homes ...

    http://www.scmp.com/property/hong-kong-china/article/1553992/decline-beijings-used-home-prices-accelerates-shanghais
  5. Property - Hong Kong & China - HOUSING

    Positive sentiment bodes well for upcoming launches of new homes

    Posted Jul 08th 2014, 02:59pm by Peggy Sito

    ... slowed in the primary and secondary markets following the rebound in the past two weeks. According to BNP Paribas, 82 new homes were sold over the weekend, 52.3 per cent fewer than the 172 units sold over June 28-29. In the secondary market, 20 units were sold over the weekend at the 10 largest residential estates tracked by Centaline, 11.1 per cent higher than the 18 units sold ...

    http://www.scmp.com/property/hong-kong-china/article/1549581/positive-sentiment-bodes-well-upcoming-launches-new-homes
  6. News - Hong Kong - HOUSING

    An open-and-shut case? Not for some homebuyers

    Posted Jun 30th 2014, 05:06am by Olga Wong

    ... are the A units of Trinity's tower one: fixed windows are everywhere, on one side of the living and dining areas, two sides of the master bedroom and one side of the second bedroom. "Residents will have to open the balcony doors to breathe," Vincent Ho said. "I would say it is an undesirable design." At a show flat modelled on a unit B of tower one, the Post found ...

    http://www.scmp.com/news/hong-kong/article/1543200/open-and-shut-case-not-some-homebuyers
  7. News - Hong Kong - HOUSING

    300 buyers compete per flat in Lantau scheme

    Posted Jun 25th 2014, 04:49am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Former public rental units offered to buyers too well-off to qualify for public rental homes 300 buyers compete per flat in Lantau scheme More than 10,000 ... rental flats- for which only 56 applications had been submitted as the deadline neared yesterday. All 86 flats in the Lung Tin estate are former public rental units. Built in 1995, their average ...

    http://www.scmp.com/news/hong-kong/article/1539828/300-buyers-compete-flat-lantau-scheme
  8. Property - Hong Kong & China - HOUSING

    Gap between used home prices in Beijing, Shanghai continues to narrow

    Posted Jun 17th 2014, 03:06pm by Langi Chiang

    ... in the capital fell 12.7 from April and 3 per cent from a year earlier to 8,286 units. The number in Shanghai fell to its second-lowest level in 25 months, 15,059 units, a 12.4 per cent drop from April ...

    http://www.scmp.com/property/hong-kong-china/article/1533942/gap-between-used-home-prices-beijing-shanghai-continues
  9. Property - Hong Kong & China - HOUSING

    Grand Sun proposes trust fund to build affordable homes for young

    Posted May 28th 2014, 05:08am by Sandy Li

    ... an initial sum of 30 per cent or 300,000 yuan if they want a unit costing 1 million yuan. "They can chip in the 30 per cent initial payment as a shareholder of the scheme," Sun said. To safeguard investors, all money raised would be kept in a trust fund strictly reserved for use in construction of a specific project. If they decide not to buy a unit in the end, they receive ...

    http://www.scmp.com/property/hong-kong-china/article/1520045/grand-sun-proposes-trust-fund-build-affordable-homes-young
  10. Property - Hong Kong & China - HOUSING

    Proposed easing of stamp duty isn’t helping sales, property agencies say

    Posted May 20th 2014, 03:03pm by Sandy Li

    ... units have been sold so far this month. It is the lowest since about 80 deals were recorded in June, after the new rules regulating the sale of new projects took effect on April 29 last ... 30 months before completion. However, developers have not rushed to offer projects. Cheung Kong (Holdings) has no definite sale date for its joint venture, the 1,717-unit City Point in Tsuen ...

    http://www.scmp.com/property/hong-kong-china/article/1516147/proposed-easing-stamp-duty-isnt-helping-sales-property

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