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  • July 13, 2014
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  1. News - Hong Kong - PROPERTY

    Legco unlikely to pass lawmaker's stamp duty refund plan

    Posted Jul 11th 2014, 03:55am by JEFFIE LAM, Yvonne Liu

    ... in the city, as it would apply only to those that used the premises for their own operations, proponent Kenneth Leung said yesterday. "I am cautiously optimistic," Leung said, after his ... in the geographical constituencies- particularly lawmakers from People Power, the League of Social Democrats and the Labour Party- to block the amendment. Under Legco's split voting system, an amendment ...

    http://www.scmp.com/news/hong-kong/article/1551408/legco-unlikely-pass-lawmakers-stamp-duty-refund-plan
  2. Property - Hong Kong & China - PROPERTY

    Cofco sees joy in growing mall rentals from Chinese cities

    Posted Jul 07th 2014, 05:28am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Cofco sees joy in mall rental income strategy Cofco Land, a state-backed mainland commercial property developer, opened its sixth Joy City complex yesterday, as part of the company's strategy to eventually generate half of its revenues from rental income, up from less than 10 per cent now. The developer planned to operate 20 such projects ...

    http://www.scmp.com/property/hong-kong-china/article/1548272/cofco-sees-joy-growing-mall-rentals-chinese-cities
  3. Property - Hong Kong & China - PROPERTY

    Increase in land supply helps small developers compete with big firms

    Posted Jul 01st 2014, 04:11am by Sandy Li

    ... wrestling with difficulties in increasing land supply, having already considered the controversial proposal to build a new town in northeast New Territories. Wong said the previous land sale system ...

    http://www.scmp.com/property/hong-kong-china/article/1543903/increase-land-supply-helps-small-developers-compete-big
  4. Property - Hong Kong & China - PROPERTY

    China's property sector primed for shake-up as downturn drains cash

    Posted Jun 26th 2014, 01:07am by Reuters

    ... will emerge eventually. The size of developers affected are getting larger," said Midland Realty chief operating officer Samuel Wong. Caught between having to cut prices or raise capital, some ...

    http://www.scmp.com/property/hong-kong-china/article/1540574/chinas-property-sector-primed-shake-downturn-drains-cash
  5. Property - Hong Kong & China - PROPERTY

    Vanke gains access to offshore capital with H-share listing

    Posted Jun 24th 2014, 05:58am by Langi Chiang

    ... costs at a time when a market correction and rising operation expenses are eroding its profit margin, analysts said. The company, founded by Wang Shi, announced yesterday that 1.31 billion ...

    http://www.scmp.com/property/hong-kong-china/article/1539195/vanke-gains-access-offshore-capital-h-share-listing
  6. 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

    ... on their operations. Centaline China said earlier developers owed it more than 1 billion yuan (HK$1.24 billion) in unpaid commissions. "A third of all developers that we're helping sell projects have not paid us commission fees according to the payment schedule," said Fu Wai-chung, a director at Hopefluent. The firm, which operates 280 branches across the mainland, was marketing about 600 ...

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

    Okay goes online to fight cooling property market in Hong Kong

    Posted Jun 09th 2014, 03:31am by Sandy Li

    ... operation. With rental expenses at a minimum, Okay.com is an online property agency that appears to have come out unscathed from a cooling market and has already secured investments from veteran ... and relocation operator Asia Pacific Properties, which owns Okay, in Central, where Miller used to work as a director. Okay has no retail outlets. "We provide each agent with an iPad so they can ...

    http://www.scmp.com/property/hong-kong-china/article/1528192/okay-goes-online-fight-cooling-property-market-hong-kong
  8. 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

    ... firms struggling to repay debts and meet operating costs. Chun Chang, land development manager at China Merchants Property (Nanjing), a subsidiary of China Merchants Land, said the collection ...

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

    China Vanke embraces the internet with Baidu partnership

    Posted Jun 06th 2014, 12:38am by Langi Chiang

    ... Vanke chief executive Yu Liang. Vanke will use location-based service technology in its projects and usher in an era where property operators will make extensive use of internet technologies ... last month. To prepare for such a quick expansion, Vanke formed strategic alliances yesterday with more than 40 retail brand operators including China Resources Group and CJ Corp. The company ...

    http://www.scmp.com/business/china-business/article/1526191/china-vanke-embraces-internet-baidu-partnership
  10. Property - Hong Kong & China - PROPERTY

    China home price growth starts to cool

    Posted May 19th 2014, 03:25am by Reuters

    ... of Statistics. The challenge for the government is to ensure a cooling in the market does not turn into a more abrupt correction that would pose risks to the banking system and weigh on the economy. ...

    http://www.scmp.com/property/hong-kong-china/article/1515065/china-home-price-growth-starts-cool

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