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  • September 2, 2014
  • Last updated: 9:01pm
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  1. Business - Companies - PROPERTY

    Chinese Estates to sell La Scala assets for HK$14b

    Posted Sep 02nd 2014, 10:12am by Ray Chan

    ... by a Macau court for his part in a bribes-for-land racket involving the most corrupt public official ever brought to justice in the history of the former Portuguese enclave. In a filing with the Hong ...

    http://www.scmp.com/business/companies/article/1583497/chinese-estates-sell-la-scala-assets-hk14b
  2. Property - Hong Kong & China - PROPERTY

    Drop in mainland China home prices causing alarm

    Posted Sep 01st 2014, 04:10am by DANIEL REN; LANGI CHIANG

    ... on a mortgage loan. The bottom price for public bidding is 16,000 yuan (HK$20,200) per square metre, while those in the neighbourhood are selling their properties for more 30,000 yuan per square metre. ... once sizzling property market first cracked in February when two developers cut prices. The public was astonished with the severity of the oversupply problem. The trend soon spread nationwide ...

    http://www.scmp.com/property/hong-kong-china/article/1582415/drop-mainland-china-home-prices-causing-alarm
  3. Business - Companies - PROPERTY

    Developer China Vast profit drops 17.7pc

    Posted Aug 29th 2014, 11:03am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com China Vast Industrial Urban Development, a Chinese developer newly listed in Hong Kong, reported on Friday morning that its net profit dropped 17.7 per cent in the first half to 449.95 million yuan (HK$565.74 million) from the same period last year as taxes and cost of servicing loans jumped. The developer, which made its debut in the Hong Kong bourse ...

    http://www.scmp.com/business/companies/article/1581660/developer-china-vast-profit-drops-177pc
  4. Property - Hong Kong & China - PROPERTY

    Chinese finance firms target Central offices

    Posted Aug 18th 2014, 03:56am by Peggy Sito

    ... Savills. Outside Central, mainland firms are much less active. "As international financial services continue to contract, [mainland] firms are taking up the slack," Simon Smith, head of research and consultancy at Savills Hong Kong, said in the report. The international financial services community is still cutting costs and the trend is for multinational corporations to either ...

    http://www.scmp.com/property/hong-kong-china/article/1575679/chinese-finance-firms-target-central-offices
  5. Property - Hong Kong & China - PROPERTY

    Luxury homes taken off the market as big-ticket buyers refuse to pay top prices

    Posted Aug 04th 2014, 03:38am by Sandy Li

    ... in such big-ticket transactions are becoming more cautious," said Charles Chan, the managing director of valuation and professional services at Savills. On Thursday, Sun Hung Kai Properties and New ... Developers offering projects for public sale were required to publish the price list three days ahead of the official sale date, with the procedure repeated whenever the selling price was changed, he ...

    http://www.scmp.com/property/hong-kong-china/article/1565762/tender-flops-point-cooling-luxury-home-sector-hong-kong
  6. News - China - PROPERTY

    End of the high life: Eccentric Beijing doctor's illegal penthouse villa is demolished

    Posted Aug 06th 2014, 06:04pm by Kathy Gao

    ... rooms and an open-air swimming pool, according to media reports – caused a stir when it came to public attention last year as much for its oddity and the eccentric reputation of its owner. Zhang ...

    http://www.scmp.com/news/china/article/1567702/end-high-life-eccentric-beijing-doctors-illegal-penthouse-villa
  7. Property - Hong Kong & China - PROPERTY

    Cheung Kong sells Tai Po studio flats for HK$1.55m

    Posted Aug 05th 2014, 03:26am by Yvonne Liu

    ... cent from a year ago to 7,792, the highest since October 2012, and 30 per cent more than June's turnover. The figure includes private and public housing. The total sales volume ...

    http://www.scmp.com/property/hong-kong-china/article/1566573/cheung-kong-sells-tai-po-studio-flats-hk155m
  8. News - Hong Kong - PROPERTY

    Big interest expected in small flats at Fung Yuen, Tai Po

    Posted Jul 11th 2014, 11:39pm by Yvonne Liu

    ... The smallest have a saleable area of only 177 sq ft, with 97 sq ft living rooms, 13 sq ft kitchens and 31 sq ft washrooms. It makes them similar to typical public housing studio flats, which have ...

    http://www.scmp.com/news/hong-kong/article/1552394/big-interest-small-flats-fung-yuen-tai-po-expected
  9. News - World - PROPERTY

    More wealthy Chinese likely to buy homes in United States, analysts say

    Posted Jul 11th 2014, 12:04am by BLOOM

    ... billion. Publicly traded builders are responding by catering to Chinese buyers in areas with high demand. Brookfield Residential Properties staged fung shui blessing ceremonies before beginning ...

    http://www.scmp.com/news/world/article/1551334/more-wealthy-chinese-likely-buy-homes-united-states-analysts-say
  10. 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

    ... tabled by the Democratic Party's Wu Chi-wai to exempt non-permanent residents buying public rental flats from double stamp duty, is likely to pass.   ...

    http://www.scmp.com/news/hong-kong/article/1551408/legco-unlikely-pass-lawmakers-stamp-duty-refund-plan

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