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  • July 13, 2014
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  1. Property - Hong Kong & China - HONG KONG

    More discounts urged as January property sales drop

    Posted Feb 06th 2014, 03:58am by Sandy Li

    ... Sandy Li sandy.li@scmp.com More discounts urgedas home sales tumble Property sales plunged almost 30 per cent last month from a year ago and market observers say developers need to offer ... Wing-kit, the managing director for residential sales at Centaline Property Agency. In the second-hand home market, Chan said a 15 per cent price drop would be enough to build buying confidence. ...

  2. Property - Hong Kong & China - HONG KONG

    DTZ predicts continuing uncertainty in Hong Kong property market

    Posted Apr 17th 2013, 12:00am by Peggy Sito

    ... to cloud the outlook for the city's housing market, according to property consultancy DTZ. Overall residential prices in the secondary market have dropped about 5 per cent since the government ... in the coming months. In the investment market, the doubling of stamp duty on residential and non-residential property transactions above HK$2 million, which effectively raised the cost of trading, ...

  3. Business - Economy - HONG KONG

    IMF warns Hong Kong property market at risk of sharp fall

    Posted Dec 13th 2012, 12:00am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Soaring housing prices 'pose danger to city's economy' but threat fairly low in near term IMF warns HK property market at risk of sharp fall The International Monetary Fund warned yesterday that Hong Kong's property market faced the risk of a sharp correction as prices had doubled from the trough in 2008. Property prices, which have risen ...

  4. Property - Hong Kong & China - HONG KONG

    June a Hong Kong market test as developers release flood of flats under new rules

    Posted May 22nd 2013, 12:00am by Sandy Li

    ... of the city's property market will be tested from next month when a flood of pent-up releases is expected once developers have completed new marketing material that complies with tighter sales ... for developers to offer steep discounts. "Sales in the secondary market have recovered since property prices dropped 4 per cent since March. That shows home prices are close to bottoming out," ...

  5. Property - Hong Kong & China - HONG KONG

    No price war for Swire at Mount Parker Residences

    Posted Mar 11th 2014, 02:00pm by Sandy Li

    ... developers with numerous large projects due for launch, Swire Properties won't be taking part in a price war. Prices at its completed residential project, Mount Parker Residences in Quarry Bay, ... project with unique design and privacy rather than just the price," he said. Adrian To, residential portfolio director at Swire Properties, said the pricing at Mount Parker Residences ...

  6. Property - Hong Kong & China - HONG KONG

    Hong Kong second-hand home prices stable as sales volume picks up

    Posted Jun 12th 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Secondary market records 19-week high, but primary market quiet due to lack of launches Secondary market sales up, with prices stable Prices of second-hand ... weeks and up 9 per cent from a week earlier, according to a survey by Ricacorp Properties. A survey by Centaline Property Agency also showed the pick-up, with 19 flats sold last weekend ...

  7. Property - Hong Kong & China - HONG KONG

    Hong Kong home sellers begin to drop prices to lure buyers in depressed market

    Posted Apr 10th 2013, 12:00am by Paggie Leung

    ... flats. Kerry Properties' Bayview in Hung Hom may also be put on the market this month. ... as buyers stay away Hong Kong home sellers have begun cutting their asking prices in response to weakening buying sentiment, property agents say. The government's cooling measures "have ...

  8. Property - Hong Kong & China - HONG KONG

    Hong Kong's property curbs likely to stay until prices fall further

    Posted Aug 21st 2013, 12:00am by Sandy Li

    ... likely to stay until prices fall Pleas by real estate agents for the Hong Kong government to relax its measures aimed at cooling down the property market are likely to fall on deaf ears until ... understood the curbs had affected the business of property agents and other home services, but defended the measures because, he said, they had been effective in cooling down the red-hot market ...

  9. Property - Hong Kong & China - HONG KONG

    Secondary-market sales in Hong Kong rise as some owners cut prices

    Posted Jul 31st 2013, 12:00am by Yvonne Liu

    ... to the market. In the major 50 housing estates monitored by agency Ricacorp Properties, home sales increased to 116 for the period from July 22 to 28, up 8 per cent from the 107 deals done in the previous week. "Some flat owners began to cut their asking prices due to the poor market sentiment and inactive property sales," said Ricacorp director David Chan. "However, many ...

  10. Property - Hong Kong & China - HONG KONG

    Mainland Chinese investors back off luxury home market in Hong Kong

    Posted Jun 19th 2013, 12:00am by Peggy Sito, Yvonne Liu

    ... Peggy Sito and Yvonne Liu New stamp duties brought in to cool city's property market have made many mainland buyers think twice about investing in high-end flats Investors shun luxury ... market in the short term," said Tai Hung Fai Enterprise chairman Edwin Leong Siu-hung, a veteran investor in luxury properties. Prices of homes costing around HK$10,000 per sq ft, ...




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