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  • July 25, 2014
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  1. News - World - PROPERTY

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

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

    ... period last year and more than any other nationality. That's the equivalent of 24 cents of every dollar spent by international homebuyers, said the National Association of Realtors in its ... of the US$1.2 trillion of existing-home transactions in the year through March, the National Association of Realtors said. And the share of money arriving from China is likely to keep growing, said ...

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

    Big interest expected in small flats at Fung Yuen, Tai Po

    Posted Jul 11th 2014, 11:39pm by Yvonne Liu

    ... half of the tenants are mainland students. They have to rent a flat before the academic year at the universities begins." Liu Zhanxiang, a mainlander newly graduated from Chinese University, said: "Tai Po is close to the university. I think many mainland students would be interested in the flats. But the flat size is only 177 sq ft. It's too small for me." ...

    http://www.scmp.com/news/hong-kong/article/1552394/big-interest-small-flats-fung-yuen-tai-po-expected
  3. Property - Hong Kong & China - PROPERTY

    Hong Kong government, MTR to release five housing sites for sale

    Posted Jul 01st 2014, 04:11am by Yvonne Liu

    ... projects usually offer more flats," said Vincent Cheung Kiu-cho, national director for Greater China at property consultant Cushman & Wakefield. "There will be some difficulties. ...

    http://www.scmp.com/property/hong-kong-china/article/1543931/hong-kong-government-mtr-release-five-housing-sites-sale
  4. Property - Hong Kong & China - PROPERTY

    Developers offer incentives to boost sales in Hangzhou

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

    ... Hangzhou's increasingly overbuilt problem. Last month, home prices in the city fell 1.4 per cent from a year earlier, double the pace of the 0.7 per cent drop in April, according to the National ...

    http://www.scmp.com/property/hong-kong-china/article/1539197/developers-offer-incentives-boost-sales-hangzhou
  5. Property - Hong Kong & China - PROPERTY

    Import workers to solve rising costs, says K Wah chairman Lui Che-woo

    Posted Jun 13th 2014, 05:43am by Yvonne Liu

    ... to import labour to lower the construction cost," Lui said after the annual general meeting of K Wah International yesterday. The latest survey by the Hong Kong Construction Association ... The city also imports hundreds of thousands of domestic workers from nations like the Philippines and Indonesia. Last month, two residential sites in Tai Po and Tuen Mun were sold for record-low ...

    http://www.scmp.com/property/hong-kong-china/article/1531148/import-workers-solve-rising-costs-says-k-wah-chairman-lui
  6. Property - Hong Kong & China - PROPERTY

    China's 'no-money-down' practice echoes US subprime loan risks

    Posted Jun 16th 2014, 03:12am by Bloomberg

    ... those college [graduates] to buy properties as they might not be able to put down a big sum all at once." ...

    http://www.scmp.com/property/hong-kong-china/article/1533600/chinas-no-money-down-practice-echoes-us-subprime-loan-risks
  7. Property - Hong Kong & China - PROPERTY

    Mainland China property market cooling down fast

    Posted Jun 16th 2014, 03:12am by Langi Chiang

    ... valuations of most of Guang Group's ongoing projects are less than their associated debts, making it less attractive to potential investors. A possible buyer is working partner Jinyuan Group, ...

    http://www.scmp.com/property/hong-kong-china/article/1533544/mainland-china-property-market-cooling-down-fast
  8. News - China - PROPERTY

    New Beijing rules may allow homeowners to rent out their subdivided living rooms

    Posted Jun 13th 2014, 04:51pm by Zhuang Pinghui

    ... in the districts of Chaoyang, Haidian, Fengtai and mostly near hospitals, shopping areas, university campus, industry parks, transportation hubs and city outskirts. More than 80 per cent tenants who live such divided apartments are young migrants and the majority of them are single, from 16 to 30 years old. They are low-educated and more than 70 per cent of them had no university education. As of May, ...

    http://www.scmp.com/news/china/article/1531653/new-beijing-rules-may-allow-homeowners-rent-out-their-subdivided-living
  9. Property - Hong Kong & China - PROPERTY

    Cash-strapped mainland developers delaying commissions to property agents

    Posted Jun 13th 2014, 10:47am by SANDY LI AND LANGI CHIANG

    ... "Small developers are not the only ones that owe us money, but also major players," Lai said. "Some subsidiaries of national property firms are struggling to pay bills as liquidity ...

    http://www.scmp.com/property/hong-kong-china/article/1531446/cash-strapped-mainland-developers-delaying-commissions
  10. Property - Hong Kong & China - PROPERTY

    Developers’ cash flow hit by delays in home loan approvals

    Posted Jun 12th 2014, 10:56am by SANDY LI AND LANGI CHIANG

    ... per cent to 245 million square metres, National Bureau of Statistics data shows. Some developers have been forced to cut prices by 20-30 per cent to shore up buying interest. Alan Jin, ...

    http://www.scmp.com/property/hong-kong-china/article/1530650/developers-cash-flow-hit-delays-home-loan-approvals

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