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

    Leading developers back in the hunt for more land

    Posted Sep 01st 2014, 04:10am by Peggy Sito

    ... Simon Lo Wing-fai, an executive director at Colliers International's research and advisory division. The top five developers, Cheung Kong (Holdings), Sun Hung Kai Properties, Sino Land, New World Development and Henderson Land Development, together sold HK$44.8 billion of property in the first half, according to Centaline Property Agency. They are understood to have done even ...

    http://www.scmp.com/property/hong-kong-china/article/1582417/leading-developers-back-hunt-more-land
  2. 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

    ... the average price for secondary housing is 28,575 yuan per square metre and average new housing prices are 25,243 yuan per square metre, according to a report by Home Link, a large real estate agency ... July, the municipal government issued a circular requiring each tenant to have a minimum 5 square metres of living space and the room must be shared with no more than one person. The new draft ...

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

    Drop in mainland China home prices causing alarm

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

    ... "The price is very attractive," said Zhou, a senior manager at Century 21 China Real Estate. "But luxury homes don't sell fast these days." Hangzhou is where China ... mortgage loans of 10.7 trillion yuan, as of the end of June, still accounted for 14 per cent of the country's total lending, according to data from the People's Bank of China. ...

    http://www.scmp.com/property/hong-kong-china/article/1582415/drop-mainland-china-home-prices-causing-alarm
  4. Business - Companies - PROPERTY

    Developer China Vast profit drops 17.7pc

    Posted Aug 29th 2014, 11:03am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com China Vast Industrial Urban Development, a Chinese developer newly listed in Hong Kong, reported on Friday morning that its net profit dropped 17.7 per cent ... yuan as a result of an increase in interest rates on its trust loans and other loan facilities. China Vast borrowed US$100 million in April at an interest rate of 15.76 per cent with an initial ...

    http://www.scmp.com/business/companies/article/1581660/developer-china-vast-profit-drops-177pc
  5. Property - Hong Kong & China - PROPERTY

    China property policies undergoing renovation

    Posted Aug 18th 2014, 03:56am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Most Chinese cities have relaxed controls, but a new property tax looms Home-buying restrictions to ease Mainland cities that have scrapped home-purchase ... the mainland's property market had shrugged off a brief downturn during the global financial crisis and home prices were soaring. Now, about half a year into a new correction, most of them have either ...

    http://www.scmp.com/property/hong-kong-china/article/1575688/china-property-policies-undergoing-renovation
  6. News - Hong Kong - PROPERTY

    Hongkongers left flat by ever-rising apartment prices, survey says

    Posted Aug 28th 2014, 04:56am by Patsy Moy

    ... cent). Next popular was changing land use from non-residential to residential purposes (25.8 per cent), followed by resuming private land in the New Territories (19.8 per cent), and increasing building density and reclamation. Chan said unsold new flats in the New Territories could drag prices in the district down by 10 to 15 per cent. But prices in urban areas were likely to stay firm ...

    http://www.scmp.com/news/hong-kong/article/1581293/hongkongers-left-flat-ever-rising-apartment-prices-survey-says
  7. Business - China Business - PROPERTY

    Logan Property core profit jumps by two-thirds as turnover rises 43pc

    Posted Aug 28th 2014, 02:18pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Shenzhen-based Logan Property posted a jump of 66.3 per cent in first-half core profit to 679.6 million yuan (HK$854 million). Turnover over the period rose 43.4 per cent year on year to 4.78 billion yuan, while net profit, ...

    http://www.scmp.com/business/china-business/article/1581430/logan-property-core-profit-jumps-two-thirds-turnover-rises
  8. Business - Companies - PROPERTY

    Chinese Estates profit down 42.5pc

    Posted Aug 28th 2014, 03:47pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Chinese Estates Holdings posted a 42.5 per cent fall in first-half core profit to HK$1 billion due to a sharp decline in property sales. Net profit, including property revaluation gains, dropped 45.19 per cent to HK$2.45 bil ...

    http://www.scmp.com/business/companies/article/1581439/chinese-estates-profit-down-425pc
  9. Property - Hong Kong & China - PROPERTY

    Hainan cracks down on idle land parcels

    Posted Aug 25th 2014, 03:31am by Langi Chiang

    ... can the government get money for infrastructure construction? So the government needs to recover the land and reauction them for development," Lin told the South China Morning Post ...

    http://www.scmp.com/property/hong-kong-china/article/1580469/hainan-cracks-down-idle-land-parcels
  10. Business - China Business - PROPERTY

    China Overseas Land’s contracted sales drop 45pc despite lifting of curbs

    Posted Aug 14th 2014, 09:37am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com China Overseas Land and Investment said contracted sales plunged 45 per cent last month from the previous month to HK$9.32 billion, a possible sign that a relaxation in housing policies on the mainland has failed to stimulate demand. Hong Kong-listed China Overseas Land is the biggest mainland developer by market value. The firm’s contracted sales ...

    http://www.scmp.com/business/china-business/article/1573320/china-overseas-lands-contracted-sales-drop-45pc-despite

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