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  • April 18, 2014
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  1. Property - International - INVESTMENTS

    Philippine developer Ayala seeks to lure Hong Kong buyers for residential projects

    Posted Feb 19th 2014, 05:10am by Peggy Sito

    ... a major Philippine property developer, is beating a path to Hong Kong to sell its projects, despite the soured relationship that exists between the city and the Philippines. The developer has opened an office in Central as part of an expansion drive into international markets that began several years ago. It plans to launch residential projects for sale to Hong Kong buyers this year. ...

    http://www.scmp.com/property/international/article/1430443/philippine-developer-ayala-seeks-lure-hong-kong-buyers
  2. Property - Hong Kong & China

    Landlords biting their fingernails as luxury flats stay vacant

    Posted Feb 17th 2014, 11:52am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com If you could ask a crystal ball any question, what would it be? Landlords of Hong Kong luxury residential properties would probably want to know when ... in what is seen as an unusual move in the luxury residential leasing sector. It represents almost a 4 per cent cut in annual rental income. And property agents who successfully clinch a deal can ...

    http://www.scmp.com/property/hong-kong-china/article/1429507/landlords-biting-their-fingernails-luxury-flats-stay-vacant
  3. Property - Hong Kong & China - LAND SALES

    Stronger interest expected in luxury residential sites in Tai Po, Sai Kung

    Posted Mar 04th 2014, 03:26pm by Yvonne Liu

    ... to show strong interest when the government invites tenders for two luxury residential sites in the New Territories, with developments on both plots expected to yield high profit margins. Last month, two residential sites in Tuen Mun were sold at 8 per cent and 24 per cent below market expectations. The scrapping of an auction for an MTR Corporation site at Tin Shui Wai also reflected ...

    http://www.scmp.com/property/hong-kong-china/article/1439274/stronger-interest-expected-luxury-residential-sites-tai-po
  4. Property - Hong Kong & China - HOUSING POLICY

    Flats for Hongkongers scheme a failure

    Posted Apr 07th 2014, 11:27am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com When the Hong Kong government said last week there was no urgency to continue the “Hong Kong property for Hong Kong people” scheme, it was tantamount ... to help Hongkongers priced out of the property market. This is because it is too small when compared with the private housing stock in Hong Kong, which was about 1.45 million units last year. So ...

    http://www.scmp.com/property/hong-kong-china/article/1466880/flats-hongkongers-scheme-failure
  5. Comment - Insight & Opinion - BRICKS & MORTAR

    When homebuyers get a free car

    Posted Mar 10th 2014, 11:08am by Peggy Sito

    ... developers give away a car with each purchase of a home? The obvious answer: competition for customers is getting tough in the face of a cooling market. In the midst of the property market doldrums ... Developments announced last week that the villas at its luxury residential development The Fountainside would come with an environmentally friendly BMW i3 electric car. An additional BMW i3 is being ...

    http://www.scmp.com/comment/insight-opinion/article/1445111/when-homebuyers-get-free-car
  6. News - Hong Kong - PROPERTY

    Agents expect non-residential prices to fall amid new cooling measures

    Posted Feb 23rd 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Agents expect non-residential prices to decline The new measures to cool property prices are likely to curb speculation in the non-residential market ... in the non-residential market will disappear. We won't see the confirmor sales," referring to deals in which the property is resold before the original transaction is completed. Prices ...

    http://www.scmp.com/news/hong-kong/article/1156619/agents-expect-non-residential-prices-fall-amid-new-cooling-measures
  7. Property - Hong Kong & China - PROPERTY

    Mainland Chinese tourist boom sparking hotel conversions in Hong Kong's residential areas

    Posted Mar 17th 2014, 12:51am by Yvonne Liu

    ... into a hotel with 86 rooms. As the property is in a residential area, some distance from Hung Hom's main shopping area, the retail podium is currently occupied by offices. But it could attract ... and investors would only consider developing hotel projects in traditional tourism or commercial districts. But small shopping centres in residential areas are now on their radar. Alnwick Chan Chi-hing, ...

    http://www.scmp.com/property/hong-kong-china/article/1450166/mainland-chinese-tourist-boom-fuels-hotel-rush-hong-kong
  8. Property - Hong Kong & China

    Tenders for luxury residential sites in Tai Po and Sai Kung draw 24 bidders

    Posted Mar 08th 2014, 01:40am by Yvonne Liu

    ... residential sites in Tai Po and Sai Kung attracted a total of 24 bidders yesterday. A spokesman for the Lands Department said it received seven bids for the site in Tai Po's Pak Shek Kok and 17 bids for the small residential plot in Sai Kung. "The response to the Tai Po site is not bad. But fewer developers have teamed up to bid for the site, compared with the bidding for nearby ...

    http://www.scmp.com/property/hong-kong-china/article/1443155/tenders-luxury-residential-sites-tai-po-and-sai-kung-draw
  9. Property - Hong Kong & China

    Developers pick up residential sites in Tuen Mun with 'conservative' bids

    Posted Feb 13th 2014, 01:25am by Yvonne Liu, Peggy Sito and Kanis Li

    ... results for two Tuen Mun residential sites reflect developers' pessimism about the outlook for the New Territories property market. The Lands Department said yesterday a site on Tsun Wen ... Tak Street, was sold to Sun Hung Kai Properties for HK$430 million, or HK$2,729 per square foot- 8 per cent less than the forecast. "The prices of mass residential property in the New ...

    http://www.scmp.com/property/hong-kong-china/article/1426704/developers-pick-residential-sites-tuen-mun-conservative
  10. Property - Hong Kong & China - DEVELOPMENT

    Strong bidding likely for Kai Tak residential sites

    Posted Feb 19th 2014, 05:10am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Strong bidding likely for Kai Tak sites Tenders for three residential sites at the former Kai Tak Airport are expected to draw strong bidding interest from ... year. But this time the government has not attached its "Hong Kong property for Hong Kong people" conditions on the sites, which meant flats could be sold only to Hong Kong residents. ...

    http://www.scmp.com/property/hong-kong-china/article/1430452/strong-bidding-likely-kai-tak-residential-sites

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