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  • September 2, 2014
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  1. 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
  2. Property - Hong Kong & China - HOME SALES

    Strong sales of new flats point to Hong Kong property market upturn

    Posted Aug 31st 2014, 04:40am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Strong weekend sales point to upturn in market Fast-selling properties in Tseung Kwan O and at a luxury project at Kowloon Station could be a sign of an upturn in the property market. Sun Hung Kai Properties yesterday sold out the first batch of 192 flats at The Wings IIIA in Tsueng Kwan O. The average price of the flats is HK$13,345 per square ...

    http://www.scmp.com/property/hong-kong-china/article/1582048/strong-sales-new-flats-point-hong-kong-property-market
  3. 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
  4. News - Hong Kong - ECONOMY

    Hong Kong economy slows as stocks climb, property booms

    Posted Aug 15th 2014, 06:20pm by Amy Nip

    ... 2010. An index compiled by Centaline Property reflecting private residential property prices reached a peak of 125.66, an increase from last week. The index was 100 in October 1997. While ... Amy Nip amy.nip@scmp.com Stark contrast as government cuts its growth target after drop in tourist spending- yet HSI breaks 25,000 and property hits historic peak Economy slows, stocks ...

    http://www.scmp.com/news/hong-kong/article/1574301/hong-kong-lowers-annual-growth-forecast-after-worst-quarter-2012
  5. News - China - PROPERTY SALES

    Beijing first-half property sales fall 34.8 year-on-year, driven by residences

    Posted Jul 18th 2014, 02:43pm by MANDY ZUO

    ... Overall property sales in Beijing slumped by 34.8 per cent in the first half of this year compared with the first half of last year amid a stagnant real estate market nationwide. The Beijing municipal government reported today that sales of residential units in the first half fell by 35.2 per cent, indicating that the restrictions imposed to curb skyrocketing property prices were ...

    http://www.scmp.com/news/china/article/1556117/beijing-first-half-property-sales-fall-348-year-year-driven-residences
  6. News - Hong Kong - DEVELOPMENT

    Consortium of Sino Land, Chinese Estates Holdings wins deal to redevelop Kwun Tong

    Posted Sep 02nd 2014, 04:03am by Sandy Li

    ... other tenders, from Cheung Kong; Henderson Land Development; Sun Hung Kai Properties; Great Eagle and another consortium of Wheelock Properties, Nan Fung Development and New World Development. ... consortium will have six years to complete non-residential parts of the project and public facilities, compared with four years and eight months under the initial tender. But there was no change ...

    http://www.scmp.com/news/hong-kong/article/1583161/consortium-sino-land-chinese-estates-holdings-wins-deal-redevelop
  7. News - Hong Kong - POLITICS

    Unpaid property taxes piling up in law firms a risk as Legco delays stamp duty bill, John Tsang claims

    Posted Jul 07th 2014, 05:43am by Patsy Moy, Emily Tsang

    ... of non-residential properties. "The legal sector has repeatedly expressed to us their worries about the risk of keeping the money," Tsang wrote, without elaborating on the nature of the risk. ... Patsy Moy and Emily Tsang Finance chief says property levies piling up at law firms while lawmakers are filibustering Tsang frets over delay to stamp duty bill's passage Law firms ...

    http://www.scmp.com/news/hong-kong/article/1548273/unpaid-property-taxes-piling-law-firms-risk-legco-delays-stamp-duty
  8. News - Hong Kong - PROPERTY

    Hongkongers left flat by ever-rising apartment prices, survey says

    Posted Aug 28th 2014, 04:56am by Patsy Moy

    ... of the people polled felt current apartment prices were too high, compared to 6.6 per cent who saw the level as right and 0.4 per cent who said property was cheap. The study found that 37.3 per cent ... as 10 to 20 per cent, while 2.2 per cent predicted that the rise could be 30 per cent or even higher. For those who believed property prices would fall, 48.1 per cent expected the drop would ...

    http://www.scmp.com/news/hong-kong/article/1581293/hongkongers-left-flat-ever-rising-apartment-prices-survey-says
  9. News - Asia - INDONESIA

    Indonesia presidential candidate Joko Widodo announces plan to allow foreigners to buy property

    Posted Jul 04th 2014, 10:39pm by BLOOM

    ... Bloomberg in Jakarta Presidential candidate's new policy to increase tax revenue may boost demand for luxury flats Widodo vows to allow foreigners to buy property Indonesian presidential hopeful Joko Widodo plans to allow foreigners to buy apartments to boost tax revenue, a move that could spur demand for property in the country's luxury market. Foreign investors ...

    http://www.scmp.com/news/asia/article/1547000/indonesia-presidential-candidate-joko-widodo-announces-plan-allow
  10. Property - Hong Kong & China - DEVELOPMENT

    More bidders for big Kwun Tong redevelopment after URA eases terms

    Posted Aug 26th 2014, 11:41pm by Yvonne Liu

    ... auction earlier. The six bidders for the site in Kwun Tong yesterday were Sun Hung Kai Properties (SHKP), Cheung Kong, Henderson Land Development, Great Eagle, a joint venture of Sino Land and Chinese Estates, and a consortium of Wheelock Properties, Nan Fung Development and New World Development. Only four developers, including SHKP, Cheung Kong and Wheelock Properties, made bids last ...

    http://www.scmp.com/property/hong-kong-china/article/1581002/more-bidders-big-kwun-tong-redevelopment-after-ura-eases

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