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  • April 20, 2014
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  1. Property - Hong Kong & China

    Hong Kong developers launch Easter projects as larger flat sales slow

    Posted Apr 19th 2014, 01:10am by Sandy Li

    ... for larger units is showing signs of slowing. Seven residential projects, comprising more than 170 units in all, are up for sale either during or shortly after the Easter holiday. New World Development was the first developer to kick off holiday sales, offering yesterday the second batch of 60 units at the 98-unit The Woodside in Hung Shui Kiu, Yuen Long. The sale started at 11am, ...

    http://www.scmp.com/property/hong-kong-china/article/1487639/hong-kong-developers-launch-easter-projects-larger-flat
  2. Property - Hong Kong & China - PRIVATISATIONS

    New World taps market for HK$18.6b to buy out China unit

    Posted Mar 14th 2014, 11:56am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Developer to use funds raised from rights issue for buying out investors in mainland subsidiary New World taps market for HK$18.6b New World Development, the city's fifth-largest developer by market value, yesterday ann ...

    http://www.scmp.com/property/hong-kong-china/article/1448449/new-world-development-plans-take-china-unit-private
  3. Property - International

    Curbs take their toll on Singapore luxury projects

    Posted Apr 19th 2014, 01:10am by Reuters

    ... units sold last year. Prices of private residential properties are also expected to fall this year and the next by between 10 and 20 per cent, analysts say. The drop began at end of last year, ... cutting prices. CapitaLand, Southeast Asia's largest listed property developer, is selling units at its Sky Habitat condominium for S$1,370 (HK$11,778) per square foot compared with as high ...

    http://www.scmp.com/property/international/article/1487621/curbs-take-their-toll-singapore-luxury-projects
  4. Property - Hong Kong & China - RESIDENTIAL PROPERTY

    New home sales surge in Hong Kong

    Posted Apr 15th 2014, 02:13pm by Peggy Sito

    ... During the week starting April 7, 163 units were sold at 50 housing estates tracked by Ricacorp Properties, an increase of 22 per cent from the previous week. But Ricacorp director David Chan said sales in the secondary market would slow after the Easter holiday, when developers launched more new projects. In the primary market, 158 units were sold over the weekend, 4.2 times ...

    http://www.scmp.com/property/hong-kong-china/article/1482838/new-home-sales-surge-hong-kong
  5. Property - Hong Kong & China

    Developer Great Eagle in deal for US office fund

    Posted Apr 16th 2014, 01:21am by Sophie Yu

    ... closed-end fund to invest in grade A office buildings in major cities in the United States. "As the US economy continues to improve, demand from corporate occupiers has bolstered improvements ... to real estate companies on the mainland and developers with a primary listing in Hong Kong. China Orient is a wholly owned unit of state-backed China Orient Asset Management Corp. Great Eagle ...

    http://www.scmp.com/property/hong-kong-china/article/1483369/developer-great-eagle-deal-us-office-fund
  6. Property - Hong Kong & China

    China land price inflation slows

    Posted Apr 16th 2014, 01:21am by Langi Chiang

    ... the head of the China Land Surveying and Planning Institute, a research unit under the ministry. Apart from the slowing economy and moderating credit growth that will ease land price inflation, ...

    http://www.scmp.com/property/hong-kong-china/article/1483310/china-land-price-inflation-slows
  7. Property - Hong Kong & China - FINANCING

    Developers offer buyers financing to get around banks’ loan-to-value curbs

    Posted Apr 15th 2014, 03:22pm by Sandy Li

    ... at risk of a default if home prices fall significantly. To speed up sales of large units, developers are providing an array of financial schemes as banks reduce the maximum loan-to-value (LTV) ... on Tuesday last week. All 44 units in the first batch were sold yesterday. SHKP also provides a second mortgage of up to 25 per cent to buyers of flats at Mount One selling for more than HK$7 ...

    http://www.scmp.com/property/hong-kong-china/article/1482107/developers-offer-buyers-financing-get-around-banks-loan
  8. Property - International

    US foreclosures fall to lowest quarterly level since 2007

    Posted Apr 16th 2014, 05:39am by Reuters

    ... Reuters Foreclosure trend falls as US recovery begins There are signs that the United States' housing market is getting back on its feet- aided by rising home prices, steady job growth and fewer troubled loans. The improvement was reflected in data showing home foreclosure filings in the country fell 23 per cent last month compared with the year before. This helped ...

    http://www.scmp.com/property/international/article/1483018/us-foreclosures-fall-lowest-quarterly-level-2007
  9. Property - International - CONCRETE ANALYSIS

    Capital continues to flow into real estate, with fresh strength in commercial sector

    Posted Apr 15th 2014, 02:16pm by Alistair Elliott

    ... makes the prospects particularly exciting. The United States is recovering, Britain and much of Europe are gradually coming out of recession, and credit markets are opening up. Yet ... retail and distribution units. There is no sign of the capital flows decreasing in volume, and the general story must be that yields will continue to harden. So there appears to be a busy year ...

    http://www.scmp.com/property/international/article/1475910/capital-continues-flow-real-estate-fresh-strength-commercial
  10. Property - Hong Kong & China - FURNITURE

    Hong Kong-born Chi Wing Lo makes a name for himself in Italy as designer

    Posted Apr 16th 2014, 05:39am by Giovanna Dunmall

    ... architect and designer has spent the past 30 years living in the United States, Greece and Italy, including 20 years as art director of luxury Italian brand Giorgetti. Now he has launched his own ... development costs were totally out of reach; they wanted to make 10,000 units at a time for it to be a viable proposition," Jenner says. "European design has become quite lazy in that way. ...

    http://www.scmp.com/property/hong-kong-china/article/1483019/hong-kong-born-chi-wing-lo-makes-name-himself-italy

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