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  1. Reality check for property market

    Posted Dec 29th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu The froth is coming off Hong Kong's property market, with bidding at the biggest government land auction in two years failing to reach the high prices forecast by analysts. Two residential sites on the Tai Po waterfront were sold yesterday at the low end of market expectations, a signal that developers believe property prices are close to their peak. Average ...

  2. Shanghai, Guangzhou move to cool red-hot property market

    Posted Jan 01st 2010, 12:00am by Peggy Sito

    ... year,' he said. David Ng, the head of property research at Royal Bank of Scotland, said the announcement of measures by the central government cleared the uncertainties clouding the market. However, he believes that political leaders are still not comfortable with economic growth and will tolerate a heated property market a while longer. ...

  3. Property counters tumble as market curbs unnerve investors

    Posted Oct 28th 2009, 12:00am by Nick Westra

    ... Nick Westra Major developers fell the most in two months yesterday as investors speculated that the red-hot property market might be on shaky ground after the government unveiled measures ... one-day drop for the property gauge since August 31. 'Investors are worried the government will take some measures to cool the property market,' said Patrick Shum, the president of BMI ...

  4. Home Ownership Scheme will not undermine property market

    Posted Dec 09th 2009, 12:00am by Staff Reporter

    ... is there to trick and confuse you and should have been abolished a long time ago. Finally, it is nonsense to say that the reintroduction of the Home Ownership Scheme would crush the property market ... I wish to express my dissatisfaction with the government's erroneous housing policy. The chief executive said that only the prices of luxury properties were sky high and this would ...

  5. Property market tipped to recover in second half

    Posted Apr 24th 2009, 12:00am by Peggy Sito

    ... Peggy Sito The mainland property market may recover in the second half of the year as the economy could pick up soon following Beijing's massive stimulus package, a think-tank said ... A stable and healthy development of the property market would boost domestic consumption in the long run, Mr Li said. The academy said the central and local authorities had imposed a series ...

  6. Shanghai prepares reit launch to bolster sluggish property market

    Posted Jan 24th 2009, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Shanghai, the mainland's financial hub, was set to launch a real estate investment trust this year to boost the slumbering property market, a senior city ... Fang said the new financing tool would provide a catalyst for the sluggish property market. 'The reit is not expected to be popular,' he said. 'We want to launch it first ...

  7. Property market gets boost as developers sell 50 new flats

    Posted Apr 13th 2009, 12:00am by Staff Reporter

    ... Frederick Yeung More than 50 new flats were sold during the Easter holiday, showing the Hong Kong property market is recovering from the global financial crisis, agents said. With robust ... second-hand flats market is cool compared with the hot demand for new flats,' said Centaline Property Agent sales manager Cindy Kwok. 'There have been no transactions in the secondary market ...

  8. Stimulus wild card for property market

    Posted Feb 25th 2009, 12:00am by Sandy Li

    ... of thought believes a prolonged correction of the property market, which accounts for 15 per cent of the GDP, will dent economic growth, while others argue that there is a risk that prices may be pushed up should any government subsidy is granted to developers. Moody's' Ms Chan has singled out with certainty that the low-end property market will receive government support ...

  9. Fitch says prospects for property markets to stay gloomy this year

    Posted Jan 21st 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu and Fulton Mak Fitch Ratings has said the negative outlook for the mainland and Hong Kong property markets will continue in 2009. The rating firm's latest report says ... for the mass residential sector was also negative. But the scale of price correction should be smaller than the luxury residential market. However, major developer Sun Hung Kai Properties gave ...

  10. Property market heads for tough year, says Fitch

    Posted Feb 21st 2009, 12:00am by Staff Reporter

    ... luxury residential property had been severely affected. Also, heavy speculation in the luxury sector over the past two years would lead to heavier pressure on the market. 'A meaningful ... Fulton Mak While more property developers are actively promoting their projects, luring prospective buyers with discount or mortgage packages, seizing the seemingly stabilised stock ...




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