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  • September 17, 2014
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  1. Lifestyle - Interiors & Living - SPECIAL REPORT: LUXURY LIVING

    Strong demand and limited supply drive top-end prices higher

    Posted Nov 23rd 2012, 12:00am by Kenneth Ko

    ... activity. Property consultants say there is continued interest in the leasing of top-end residences, as wealthy tenants chase a limited stock of large homes in prestigious locations. Clara Chu, director of residential leasing at Colliers International, says the rental outlook for superdeluxe and large residences remains optimistic due to strong demand and limited supply. "We continue ...

    http://www.scmp.com/lifestyle/interiors-living/article/1088336/strong-demand-and-limited-supply-drive-top-end-prices
  2. Property - Hong Kong & China

    Tenders for luxury residential sites in Tai Po and Sai Kung draw 24 bidders

    Posted Mar 08th 2014, 01:40am by Yvonne Liu

    ... residential sites in Tai Po and Sai Kung attracted a total of 24 bidders yesterday. A spokesman for the Lands Department said it received seven bids for the site in Tai Po's Pak Shek Kok and 17 bids for the small residential plot in Sai Kung. "The response to the Tai Po site is not bad. But fewer developers have teamed up to bid for the site, compared with the bidding for nearby ...

    http://www.scmp.com/property/hong-kong-china/article/1443155/tenders-luxury-residential-sites-tai-po-and-sai-kung-draw
  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 - HOUSING POLICY

    Flats for Hongkongers scheme a failure

    Posted Apr 07th 2014, 11:27am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com When the Hong Kong government said last week there was no urgency to continue the “Hong Kong property for Hong Kong people” scheme, it was tantamount ... to help Hongkongers priced out of the property market. This is because it is too small when compared with the private housing stock in Hong Kong, which was about 1.45 million units last year. So ...

    http://www.scmp.com/property/hong-kong-china/article/1466880/flats-hongkongers-scheme-failure
  5. Business - Companies - FUNDRAISING

    Yangtze delta developer issues US$350m in senior notes

    Posted Aug 20th 2014, 10:32am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Mainland property developer Future Land Development has issued US$350 million in senior notes, with the funds to be used to repay debt and acquire land for residential and commercial development, the company announced on Wednesday morning. The notes, due 2019, have an interest rate of 10.25 per cent. The company focuses on the building of residential ...

    http://www.scmp.com/business/companies/article/1577549/yangtze-delta-developer-issues-us350m-senior-notes
  6. Property - International - UNITED STATES

    Swire Properties sells Miami flats at top prices

    Posted Jul 22nd 2014, 03:35pm by Sandy Li

    ... Swire's Miami flats a top draw Swire Properties has presold at record prices more than 40 per cent of the first residential tower at its large mixed-use project in Miami, Florida, as Chinese ... could lead to a fall in offshore investment by mainlanders, including in residential property. Patrick ONeill, chief executive of the ONeill Group, a firm that specialises in international ...

    http://www.scmp.com/property/international/article/1556966/swire-properties-sells-miami-flats-top-prices
  7. 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
  8. Property - Hong Kong & China - RESIDENTIAL

    Hang Lung to build luxury homes next to its malls, office towers

    Posted Aug 05th 2014, 04:00pm by Sandy Li

    ... Sandy Li samuel.chan@scmp.com Hang Lung plans luxury homes next to its malls Hang Lung Properties plans to develop luxury residential projects next to its high-end shopping malls and grade A office projects on the mainland to maximise its investment return, chairman Ronnie Chan Chichung said. "I'm always asking the question: what are the prices for residential projects ...

    http://www.scmp.com/property/hong-kong-china/article/1566212/hang-lung-build-luxury-homes-next-its-malls-office-towers
  9. Property - Hong Kong & China - HOUSING

    China's unsold housing stock soars 190pc over four years

    Posted Sep 16th 2014, 11:53am by Yvonne Liu

    ... by low sales volumes. Data from the bureau shows around 570.94 million sq m of private residential floor area were sold from January to August, 10 per cent less than a year ago. The property ... than a year ago. Residential development is still the most popular investment for developers. About 68.1 per cent of investment in the property market is for residential development, up 12.4 ...

    http://www.scmp.com/property/hong-kong-china/article/1593743/mainlands-unsold-housing-stock-soars-190pc-over-four-years
  10. 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

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