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  • April 17, 2014
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  1. News - Hong Kong

    Cooling measures reining in residential market, says Tsang

    Posted Dec 03rd 2012, 01:56pm by Lai Ying-kit

    ... Lai Ying-kit Price-cooling measures introduced in October are proving effective at reining in the overheated residential market, Financial Secretary John Tsang Chun-wah said on Monday. “In November, the number of transactions fell, along with more restrained speculative activities, and residential prices were becoming stable,” he said in the Legislative Council’s financial services ...

  2. HK$86m offer for residential site at Sai Kung

    Posted Jul 26th 2011, 12:00am

    ... Paggie Leung paggie.leung@scmp.com A residential site in Sai Kung has been released for sale and will be auctioned with two other residential sites in September, the government announced ... The two other sites were among a list of sites to go on sale this quarter announced by the government last month in a bid to increase land supply amid soaring property prices. One of them ...

  3. Residential market defies downturn

    Posted Jun 17th 2009, 12:00am by Peggy Sito

    ... But underpinned by low interest rates, a rally on the stock market and an influx of hot money, the Hong Kong property market has shown strong resilience to shrinking economic growth in the first half, and investment banks Goldman Sachs and Nomura International are positive about prospects for the second half. In light of improving data, Goldman upgraded its property market outlook earlier this month ...

  4. Mixed picture for residential rents

    Posted Jan 31st 2007, 12:00am by Peggy Sito

    ... Peggy Sito Residential rents in key Hong Kong housing estates are expected to be mixed after a 9.4 per cent increase last year, according to property agents. As buying has been weakening since the end of 2005, some homeseekers have turned to renting flats instead of buying. The increased demand for rental properties boosted the pace of rental growth above that of capital ...

  5. Macau residential sales fall 24pc in cautious market

    Posted Jan 31st 2007, 12:00am by Peggy Sito

    ... as of November, down 24 per cent year on year, according to a Jones Lang LaSalle report. But property agents forecast residential prices in Macau would rise by about 10 per cent this year and medium-term ... Marcos Chan, associate director of research of Jones Lang LaSalle, said that demand for residential properties would continue to grow with higher incomes and better job prospects. The strong ...

  6. Centaline sees residential deficit by as early as 2006

    Posted Jul 23rd 2004, 12:00am by Staff Reporter

    ... Ernest Kong The supply of new residential property could fall short of demand by as soon as 2006, according to a report by Centaline Surveyors. The surveying arm of Centaline Property ... of about 14,800 units in the second half of this year will come mainly from Henderson Land's flagship residential project Grand Promenade, Sun Hung Kai Properties' Victory Arch and Cheung ...

  7. Property - Hong Kong & China - C-SUITE

    As Centaline China matures, it is taking a leading market share in new cities

    Posted Mar 18th 2014, 01:43pm by Yvonne Liu

    ... property agency Home Link Sherman Lai Ming-kai, 50, took the reins of Centaline Group when founder Shih Wing-ching retired from the chairmanship in January 2010. Lai was previously in charge ... series of cooling measures on the property market in February last year? A: Our commission income rose 18.58 per cent to about HK$13.4 billion last year from HK$11.3 billion in 2012. The growth ...

  8. Property - Hong Kong & China - CONSULTANTS

    Real-estate agents forced to diversify to survive

    Posted Apr 24th 2013, 12:00am by Peggy Sito

    ... by buyers of residential and non-residential properties valued at HK$2 million or above was doubled. The changes came four months after the introduction of a new 15 per cent tax, known ... division and Midland Finance to provide options for investors. Vincent Chan Kwan-hing, chief executive of Midland's residential properties, said contributions from the firm's ...

  9. Christie's property franchise lands in HK

    Posted Apr 13th 2012, 12:00am

    ... into the first-hand luxury residential market as a result of the tie-up with Christie's. 'We are popular in the second-hand property market. We are well known in the local property community. ... Peggy Sito peggy.sito@scmp.com A property arm of fine art auction house Christie's is expanding its franchise network to Hong Kong, appointing Landscope Realty to help it expand ...

  10. Property deals expected to rise 30pc over holiday

    Posted Oct 02nd 2009, 12:00am by Yvonne Liu

    ... were put off by aggressive asking prices, although statistics showed the average increase was about 0.2 per cent. A total of 99,241 property transactions - residential and commercial - were ... Yvonne Liu National Day holiday fever is expected to reignite the Hong Kong property market over the next 11 days. Centaline Property Agency executive director Louis Chan Wing-kit said ...




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