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  • October 2, 2014
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  1. Property - Hong Kong & China - REAL ESTATE

    Property market jitters possible amid uncertainty over law to double stamp duty

    Posted Jul 14th 2014, 04:25am by Peggy Sito, Sandy Li

    ... Peggy Sito and Sandy Li Uncertainty over legislation risks weakening market confidence, warn industry observers Stamp duty law delay unlikely to benefit owners Property owners are set ... to the government until it is enshrined in law. "If the bill cannot be passed this year, this will not have any practical impact on the market," said Cusson Leung, head of property research ...

    http://www.scmp.com/property/hong-kong-china/article/1553619/property-market-jitters-possible-amid-uncertainty-over-law
  2. Property - Hong Kong & China - REGULATION

    Beating the bid-riggers: Angry homeowners use competition law to battle price-fixing

    Posted Sep 15th 2014, 04:43am by Benjamin Robertson, Elaine Yau

    ... competition law. Last month, the Property Owners’ Anti Bid-Rigging Alliance, an activist group representing 40 housing estates, marched to the Wan Chai office of the freshly staffed Competition ... Benjamin Robertson and Elaine Yau A group of disgruntled HK homeowners is harnessing competition law to battle inflated costs from manipulated construction tenders Beating the bid-riggers ...

    http://www.scmp.com/property/hong-kong-china/article/1592797/beating-bid-riggers
  3. Property - Hong Kong & China - STRATEGY

    Online competition adds to property agencies’ woes on mainland

    Posted Aug 26th 2014, 12:39pm by Langi Chiang

    ... is becoming harder for mainland property agencies this year as the internet turns their clients into competitors amid an already debilitating market downturn. China Vanke, the mainland's biggest ... Vanke will give them commissions of up to hundreds of thousands of yuan. While the developer said it was part of efforts to sell down inventories, the move has made property agencies nervous ...

    http://www.scmp.com/property/hong-kong-china/article/1580733/online-competition-adds-property-agencies-woes-mainland
  4. Property - Hong Kong & China - PROPERTY

    China property policies undergoing renovation

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

    ... the formulation of a law based on the trials has begun. Jia Kang, a top tax adviser at a Ministry of Finance think tank, told a recent forum that the property tax law could be approved and imposed by 2017 ... 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 ...

    http://www.scmp.com/property/hong-kong-china/article/1575688/china-property-policies-undergoing-renovation
  5. Property - Hong Kong & China - Tax

    As China drafts property tax law, fate of pilot programme up in the air

    Posted Mar 11th 2014, 02:29pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Confusion over trial property tax The mainland has started drafting a property tax law, but analysts are not sure whether it means a pilot programme ... Congress, told reporters on Sunday that the government "is drafting the [property tax] law and will submit it for approval when the time is ripe". That relieved some industry figures, ...

    http://www.scmp.com/property/hong-kong-china/article/1446030/china-drafts-property-tax-law-fate-pilot-programme-air
  6. Property - International - SINGAPORE

    Singapore home prices fall as cooling measures hit property market

    Posted Oct 02nd 2014, 05:12am by Bloomberg

    ... campaign to rein in property values has led to declines in prices and demand. Home sales fell to the lowest level this year in August as developers offered fewer projects amid cooling demand from the long-standing property curbs, URA data in September showed. "The curbs are having an impact on prices," said Donald Han, managing director of Chesterton Singapore, a real estate consulting ...

    http://www.scmp.com/property/international/article/1607194/singapore-home-prices-fall-cooling-measures-hit-property
  7. Property - Hong Kong & China - PROPERTY

    Looser mortgage rules seen boosting China's sluggish property market

    Posted Oct 01st 2014, 04:23am by Toh Han Shih, VICTORIA RUAN AND PEGGY SITO

    ... and China Banking Regulatory Commission yesterday announced a major loosening of the mortgage rules for the mainland property market, which is expected to give a boost to the sluggish sector. Economists see the slowing property market as the biggest risk facing the world's second-largest economy, with international ratings agency Moody's warning of further downward price ...

    http://www.scmp.com/property/hong-kong-china/article/1604970/looser-mortgage-rules-seen-boosting-chinas-sluggish
  8. Property - International - INVESTMENT

    Protests may prompt more Hongkongers to seek properties abroad

    Posted Sep 30th 2014, 01:43pm by Peggy Sito

    ... in the city continues, say agents selling overseas properties. They expect to see an increase in overseas property sales but some exhibitions on projects abroad scheduled in the districts affected ... cancelled due to the protests. "[The instability in the city] may prompt people to plan ahead again," said Neil Jenson, head of Asian operations at British property agency Fraser & Co. ...

    http://www.scmp.com/property/international/article/1604514/protests-may-prompt-more-hongkongers-seek-properties-abroad
  9. Business - Companies - RETAIL

    Link Reit sells five properties

    Posted Sep 30th 2014, 11:53am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com The Link Real Estate Investment Trust, Asia’s largest reit, said it has sold five of its properties in Hong Kong for HK$1.72 billion. Last month, the reit announced putting the five properties on a private tender, which closed on Thursday. It was reported to have received 20 bids. The properties sold are the retail portion and parking spaces in Choi ...

    http://www.scmp.com/business/companies/article/1604476/link-reit-sells-five-properties
  10. Property - Hong Kong & China - REAL ESTATE

    Link Reit reports strong response from proposed property sales

    Posted Sep 26th 2014, 10:55am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com The Link Real Estate Investment Trust, Asia’s largest reit, has reaped strong response from the proposed sale of its five properties in Hong Kong. The reit last month announced putting five properties for private tender, which closed on Thursday. It had been reported by Hong Kong media that it received 20 bids. The Link Reit declined to comment ...

    http://www.scmp.com/property/hong-kong-china/article/1600748/link-reit-reports-strong-response-proposed-property-sales

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