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  • October 2, 2014
  • Last updated: 10:50pm
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  1. 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

    ... hit seven-year high of 16,000 Sales of new homes in Hong Kong could climb to a seven-year high this year as more developers bring launches forward in a bid to cash in on improved buying sentiment and shore up cash flow for land bank replenishment. Midland Realty expects the number of registered transactions for new homes to reach 16,000 this year, the highest since 2008, with total ...

  2. Business - China Business - EARNINGS

    New World China cuts sales target after net profit inches up 0.5pc

    Posted Sep 23rd 2014, 02:39pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Mainland developer's full year net profit flat at HK$4.64b, prompting it to cut 2015 sales target by 15pc amid challenging market conditions New World cuts sales target on flat net growth New World China Land, the mainland property arm of New World Development, said it cut its sales target for the current financial year by 15 per cent given ...

  3. Business - Companies - EARNINGS

    New World cautious with new target despite record sales

    Posted Sep 24th 2014, 03:30pm by Yvonne Liu

    ... cautious despite record sales New World Development kept a conservative target for contracted sales in the fiscal year to June 2015, even though its contracted sales hit a record in the previous financial year. The developer took advantage of improving sentiment in the property market by launching new projects as contracted sales hit a record HK$20.6 billion for the 12 months to June 2014, ...

  4. Property - Hong Kong & China

    Hong Kong to see 10pc rise in office rents over next five years

    Posted Sep 24th 2014, 03:10pm by Peggy Sito

    ... as a strategic launch pad for more global companies to expand into Southeast Asian markets David Ji, Knight Frank The fairly modest supply of new prime grade office space over the next few years would ... from a decline of 3.2 per cent in the previous five-year cycle. The Global Cities Report assesses the future trends in real estate of 15 global cities including Hong Kong, London, New York, ...

  5. Property - International - DESIGN

    David Collins studio keeps legacy of its founder alive with new projects

    Posted Oct 01st 2014, 04:23am by Catherine Shaw

    ... keeps legacy of its founder alive When the British interior designer and architect David Collins died after a short illness last year, many feared his eponymous studio- behind award-winning ... and, one year on, has expanded its presence in Asia with several high-profile projects. Key to the studio's successful succession, says Rawlings, was Collins' cultivation ...

  6. Property - International

    British PM David Cameron woos voters with new discount homes

    Posted Oct 01st 2014, 04:23am by Reuters

    ... Reuters in London Cameron pledges new homes at discount British Prime Minister David Cameron pledged to build 100,000 new homes and offer them to younger first-time buyers at a 20 per cent ... nearly 10 per cent higher nationally in the past year, and much more in London. The "Starter Homes" plan would only cover houses built on brownfield sites, land already set aside ...

  7. Property - Hong Kong & China - CONCRETE ANALYSIS

    New retail districts a welcome trend but challenges remain

    Posted Sep 30th 2014, 10:55am by Nick Bradstreet

    ... Nick Bradstreet property.post@scmp.com Soaring rents in core commercial precincts have transformed fringe areas, with artisanal shops and eateries moving in New retail districts help shore ... and slightly different price points. The increasing dominance of mainland tourists as the pre-eminent source of demand in recent years, however, has morphed these areas into high-end fashion, watch ...

  8. Property - Hong Kong & China

    July home sales soar to 6-year high as discounts, new projects attract buyers

    Posted Jul 30th 2014, 01:22am by Sandy Li

    ... the city's largest developer by market value, 2.8 per cent to HK$147.20 and those of Sun Hung Kai Properties by 4.4 per cent to HK$112.30. For both blue-chips, it represented a one-year high. New ... as home sales hit 6-year high The strategy of using discounts to boost sales has pushed up Hong Kong developers' turnover to the highest in six years and their stocks to 52-week highs ...

  9. Property - Hong Kong & China - PROPERTY

    Country Garden’s new CFO aims to halve developer’s funding cost

    Posted Sep 23rd 2014, 11:24am by Langi Chiang

    ... Garden's new chief financial officer Wu Jianbin plans to halve the mainland developer's funding cost in the next two years and begin strategic changes to make it more diversified ... reevaluated next year to investment grade. Moody's Investors Services has given it a Ba2 rating. Eventually, the company aims to cut its fundraising cost to 4 per cent to 5 per cent from more ...

  10. Property - Hong Kong & China - HOUSING

    New home prices climb in Hangzhou and Guangzhou

    Posted Sep 16th 2014, 11:12am by Langi Chiang

    ... cities to a three-month high of 9.06 million sqmetres in August. In year-on-year terms, new home prices were still on the rise in seven of the 10 cities, with Wuhan leading the gainers at a pace of 15.1 per cent. Beijing was the biggest loser, with the average new home price falling 9.34 per cent last month from a year earlier. Shanghai was the most expensive among all 10 cities ...




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