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  1. Business - China Business - PROPERTY

    Mainland money backs Taiwan development

    Posted Jan 07th 2013, 12:00am by RALPH JJENNINGS

    ... of the ocean, are being built in the mountains just north of Taipei despite the island's wariness about opening its property market to a long-time political foe. Vantone Capital and its Taiwanese ... with Beijing. To head off real estate speculation that could keep homes out of the reach of ordinary Taiwanese, the island's government bars mainland investors from buying property unless justified ...

    http://www.scmp.com/business/china-business/article/1121566/mainland-money-backs-taiwan-development
  2. Business - Money - PROPERTY

    Price cutting on new homes lowers market

    Posted Oct 19th 2012, 12:00am by Yvonne Liu

    ... in Beijing for Jones Lang LaSalle. "The housing demand is limited. Their high-end residential properties rely on demand from buyers from other cities. Developers have to cut the asking prices ... in the mainland's second-tier and third-tier cities has resulted in more cities recording falls in property prices last month. Figures from the National Bureau of Statistics, which monitors month-to-month ...

    http://www.scmp.com/business/money/markets-investing/article/1064434/price-cutting-new-homes-lowers-market
  3. Business - Money - PROPERTY

    North Point waterfront hotel site up for sale

    Posted Jan 12th 2013, 12:00am by Yvonne Liu

    ... expectations that it will attract keen interest from developers. The site is west of the North Point bus terminus. The rest of the land was sold to Sun Hung Kai Properties for HK$6.91 billion in July. ... of valuation and professional services Alnwick Chan Chi-hing made a much lower forecast. Given that returns available from hotel developments are lower than those yielded by residential developments, ...

    http://www.scmp.com/business/money/markets-investing/article/1125889/north-point-waterfront-hotel-site-sale
  4. Business - Companies - PROPERTY

    Scrap pre-sale scheme, New World chief says

    Posted Sep 27th 2012, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Property titan suggests that ending consent requirement would bring more housing projects on to the market for purchase Scrap pre-sale scheme, New World chief says New World Development chairman Henry Cheng Kar-shun yesterday suggested the government cancel the pre-sale consent scheme to increase housing supply and cool the property market. ...

    http://www.scmp.com/business/companies/article/1048117/scrap-pre-sale-scheme-new-world-chief-says
  5. Business - Money - PROPERTY

    Sun Hung Kai Properties Wings II flats priced cheaper than planned

    Posted Jan 05th 2013, 12:00am by Paggie Leung

    ... Hung Kai Properties yesterday priced the first 50 flats at The Wings II project at HK$10,688 per square foot, about a third lower than it originally intended, and also cheaper than the inaugural 50 flats the project's first phase sold in 2011. The launch came as the city's richest man and property tycoon Li Ka-shing said home prices this year would remain largely stable, ...

    http://www.scmp.com/business/money/markets-investing/article/1120185/sun-hung-kai-properties-wings-ii-flats-priced
  6. Business - Companies - PROPERTY

    Developers raise prices on car parking spaces

    Posted Jan 19th 2013, 12:00am by Sandy Li

    ... interest returns to a property market spared further cooling measures in the chief executive's policy address. China Overseas Land & Investment is to release its luxury residential ... in the range of HK$18,000 to HK$20,000 per square foot. Separately, Kerry Properties released the prices of two special units on the 40th floor of its joint venture luxury residential project Soho 189 ...

    http://www.scmp.com/business/companies/article/1131312/developers-raise-prices-car-parking-spaces
  7. Business - Money - PROPERTY

    Opus tenant cancels deal to rent for HK$850k a month

    Posted Dec 18th 2012, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Contract to lease duplex unit at luxury project for HK$850,000 a month terminated in wake of government measures to cool property market Tenant cancels deal ... policies that have curbed property demand. Swire Properties said in a statement that "it placed the duplex at Opus back on the market for lease. The previous tenant of the apartment has ...

    http://www.scmp.com/business/money/markets-investing/article/1107260/tenant-cancels-deal-rent-opus-flat-hk850000-month
  8. Property - Hong Kong & China - PROPERTY

    Stamp duty 'a drag' on sales at luxury project

    Posted Dec 12th 2012, 12:00am by Paggie Leung

    ... Sales of the 20 remaining special flats at luxury residential project Marinella were slowing because of the new buyer's stamp duty, the developers said yesterday. "The sales plan has ... the 20 special flats were worth about HK$2.5 billion in total. The new buyer's stamp duty, introduced in late October to cool the property market, imposed a levy of 15 per cent of the price ...

    http://www.scmp.com/property/hong-kong-china/article/1103176/stamp-duty-drag-sales-luxury-project
  9. Business - Companies - PROPERTY

    Wheelock wins Tuen Mun residential site for HK$1.4b

    Posted Jan 31st 2013, 12:00am by YVONNE LIU AND PAGGIE LEUNG

    ... Yvonne Liu and Paggie Leung Wheelock HK$1.4b bid wins site in Tuen Mun Wheelock Properties has won a tender for a residential site in Tuen Mun with a bid of HK$1.39 billion. The Lands ... Wong Kwong-yiu, said the company would spend HK$3.5 billion to develop the site into a luxury residential project. The project will be ready for pre-sale in two years. "The project ...

    http://www.scmp.com/business/companies/article/1139750/wheelock-wins-tuen-mun-residential-site-hk14b
  10. News - Hong Kong - PROPERTY

    Auction of two residential sites defy new bid to cool property market

    Posted Nov 08th 2012, 12:00am by YVONNE LIU AND PEGGY SITO

    ... Two residential sites have sold for higher-than-expected prices only two weeks after the government introduced new measures to cool the property market. The Lands Department yesterday announced Sun Hung Kai Properties had won a Tseung Kwan O site for HK$2.545 billion, or HK$4,517 per square foot. That is about 7 per cent more than market expectations of up to HK$2.37 billion. ...

    http://www.scmp.com/news/hong-kong/article/1077385/auction-two-residential-sites-defy-new-bid-cool-property-market

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