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  • November 27, 2014
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  1. Comment - Blogs

    Do we need to make property prices 'politically correct'?

    Posted Oct 19th 2012, 12:05pm by George Chen

    ... Let’s talk about property prices. I am not a property industry expert but as a writer and reader, honestly speaking, I can tell nowadays in both Hong Kong and Mainland China, anything related to property prices has become more and more a political issue than simply a supply-and-demand market matter. Analysts at Credit Suisse apparently agree with me on this view. “While we believe ...

  2. Comment - Blogs - MR. SHANGKONG

    New Hong Kong property tax, a sign of increasing protectionism

    Posted Oct 29th 2012, 04:36pm by George Chen

    ... George Chen The new stamp duty policy for non-local home buyers in Hong Kong is more than a new property rule as it puts the government on the fast track to greater regulation The new stamp duty policy announced last Friday for non-local home buyers in Hong Kong is more than a new property rule as it puts the government on the fast track to greater regulation in a city ...

  3. Warning of Shanghai property oversupply

    Posted Mar 21st 2007, 12:00am by Staff Reporter

    ... Zhuang Pinghui Excessive project approvals may cause a glut by 2010, think-tank paper says Shanghai's residential property market faces the risk of oversupply by 2010 as a result ... was on the city's outskirts, and the number of unoccupied residential properties was rising, the newspaper said. Insisting the property market should continue as a pillar industry because of its economic ...

  4. Shanghai property prices show signs of cooling

    Posted Jul 21st 2005, 12:00am by Bill Savadove

    ... of a bubble. On a month-on-month basis, residential property prices fell 1.2 per cent in June from May, the bureau said. In the first half, prices rose by 5.1 per cent compared with the end of last ... tax penalties on developers who hold idle land, and tighter bank lending. Shanghai's average residential property price rose 12.6 per cent year on year to 7,029 yuan per square metre ...

  5. Probe into Shanghai property market curbs

    Posted Apr 01st 2007, 12:00am by Staff Reporter

    ... Business Herald reported on Friday. The paper warned of excessive development approvals for residential properties during the 10th Five-Year Programme (2001-2005), especially in the city's ... in Shanghai residential property from 2001 to 2005 was double that of the previous five years. It cooled off in September last year, when Shanghai party secretary Chen Liangyu was sacked for misusing ...

  6. Shanghai property prices still rising

    Posted May 30th 2006, 12:00am by Bill Savadove

    ... price for new properties, both residential and commercial, was 9,434 yuan per square metre for the week ending May 25, up 11 per cent from the previous week, the News Times reported. Analysts said continued demand for high-end residential property, in part from overseas investors, helped push prices up despite the measures. 'Prices for some kinds of property or areas could have ...

  7. Sales in Shanghai plunge to new low

    Posted Oct 26th 2011, 12:00am

    ... put in 89 billion yuan in the first three quarters, a 16 per cent increase from the same period last year. In Beijing, 6.4 million square metres of residential property was sold in the first ... Peggy Sito peggy.sito@scmp.com The central government's continued austerity measures targeting the property market are taking a toll on sales in the major cities, with Shanghai seeing ...

  8. The Shanghai native

    Posted Mar 18th 2005, 12:00am by Staff Reporter

    ... for massive redevelopment. The city moved 55,400 households last year alone. With residential property prices rising faster than incomes, most cannot afford homes in their old neighbourhoods. Average annual household incomes rose 12 per cent to 16,683 yuan last year, while residential property prices surged almost 16 per cent. With government help, the Lius paid less than 100,000 yuan ...

  9. Shanghai property prices buck the trend with 5.3pc increase

    Posted Jul 13th 2007, 12:00am by Staff Reporter

    ... residential market remains active with a high level of end-user demand for luxury residential properties,' it said. 'Investments in luxury residential properties shot up as many investors ... Lang LaSalle Shanghai. 'Local investors cashed in on the stock market and turned to properties. There is also a push from overseas buyers who are bullish on the economy.' The luxury ...

  10. Shanghai property the dearest

    Posted Mar 14th 2004, 12:00am by Staff Reporter

    ... cent in property prices. Xinhua said 10 provinces had seen lower property prices last year, half of them in the western region. The average price of residential property was 2,212 yuan per ... Staff Reporter Shanghai has surpassed Beijing as the city with the highest property prices on the mainland, following a 24.2 per cent increase last year, Xinhua reported yesterday. Quoting ...




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