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  • July 29, 2014
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  1. Property - International

    Singapore residential property market continues to appeal to buyers from China

    Posted Jan 30th 2013, 08:44pm by Koh Siok Hui

    ... of residential market cooling measures amid uncertainties in the eurozone and tentative economic recovery in the United States. Singapore’s sound fundamentals have attracted foreign property buyers to the republic. Foreigners are allowed to buy non-landed private residential property in Singapore while those who wish to purchase landed property will need to seek approval from the Minister for Law. ...

    http://www.scmp.com/property/international/article/1139506/singapore-residential-property-market-continues-appeal-buyers
  2. Property - International

    The London residential market continues to grow

    Posted Oct 22nd 2012, 12:38pm by Jonathan Baines

    ... and restrictive planning, the supply of residential property in London is unable to keep up with domestic or international demand.  From a global investor’s point of view, London residential still has ... that over the past 12 years returns on residential property have outperformed the FTSE 100 dramatically. There remains a high percentage of foreign money being invested in to the London residential ...

    http://www.scmp.com/property/international/article/1064790/london-residential-market-continues-grow
  3. 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
  4. Property - Hong Kong & China - STRATEGY

    Property agencies pin hopes on alliances, internet finance as sales slump

    Posted Jul 22nd 2014, 03:07pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Firms in property service sector pin hopes on tie-ups and online finance while shutting outlets Slump prompts shake-up among struggling agents The downturn in the mainland's real estate market and the rising popularity of internet finance are driving a shake-up in the property service industry, in which firms are closing unprofitable ...

    http://www.scmp.com/property/hong-kong-china/article/1557162/property-agencies-pin-hopes-alliances-internet-finance
  5. 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
  6. Business - Banking & Finance

    European banks to sell 584b euros of property assets

    Posted Jul 15th 2014, 01:31am by BLOOM

    ... billion, Cushman & Wakefield said. Cerberus was second with €6.3 billion of purchases. The €584 billion of non-core assets to be sold include loans, foreclosed properties and residential ... to property in the first six months, 611 per cent more than a year earlier, the broker said in a report on Sunday. Transactions including foreclosure sales would reach a record €60 billion this year, ...

    http://www.scmp.com/business/banking-finance/article/1554336/european-banks-sell-584b-euros-property-assets
  7. Property - International - REGULATION

    Curbs on funds transfer could hurt Chinese investment in overseas property

    Posted Jul 22nd 2014, 11:48am by Peggy Sito

    ... residential and commercial real estate. "We do not expect the suspension of the yuan remittance service, the so-called Youhuitong scheme, to affect the international property purchasing power ... Peggy Sito peggy.sito@scmp.com Property consultants split over effect of government move to tighten remittances in wake of alleged forex breaches by BOC Curbs on funds expected to hurt ...

    http://www.scmp.com/property/international/article/1556120/curbs-funds-transfer-could-hurt-chinese-investment-abroad
  8. 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
  9. 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
  10. Property - Hong Kong & China - BRICKS & MORTAR

    SHKP to build on sites where Housing Society deemed project too costly

    Posted Jul 14th 2014, 11:29am by Yvonne Liu

    ... it can profitably build on sites where the Housing Society abandoned a residential project for the elderly as being too expensive. Sun Hung Kai Properties snapped up two sites in Tin Shui Wai ... of HK$16 billion in developing a low-density mass residential project. SHKP estimated the development cost would be HK$7,083 per square foot. It would have to sell the flats at an average ...

    http://www.scmp.com/property/hong-kong-china/article/1553911/shkp-build-sites-where-housing-society-deemed-project-too

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