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  • November 25, 2014
  • Last updated: 8:55am
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  1. Business - Comment - MR. SHANGKONG

    New property tax a blow to the Hong Kong dream

    Posted Nov 05th 2012, 12:00am by George Chen

    ... George Chen george.chen@scmp.com Government move to impose extra housing stamp duty on non-permanent residents penalises many taxpayers hoping to find a place to call home New property tax ... J recently married and wants to buy a small flat that costs less than HK$5 million. He has some savings for the down payment and has his eye on a property in Sha Tin. The original plan was to make ...

  2. Business - Companies - PROPERTY

    Developers raise prices on car parking spaces

    Posted Jan 19th 2013, 12:00am by Sandy Li

    ... interest returns to a property market spared further cooling measures in the chief executive's policy address. China Overseas Land & Investment is to release its luxury residential ... in the range of HK$18,000 to HK$20,000 per square foot. Separately, Kerry Properties released the prices of two special units on the 40th floor of its joint venture luxury residential project Soho 189 ...

  3. Property - Hong Kong & China - HONG KONG

    Hong Kong luxury prices stagnate as new taxes bite

    Posted Mar 06th 2013, 12:00am by Peggy Sito

    ... continue to soften in the short term, according to Joseph Tsang, managing director of property consultancy Jones Lang LaSalle in Hong Kong. Based on the company's residential price index, the value of luxury residential properties edged down 0.1 per cent quarter on quarter from October to December. Measured across the whole year, values rose 5 per cent compared with 2011. Luxury ...

  4. Comment - Insight & Opinion - LEADER

    Hong Kong's new disclosure rules on flats not enough

    Posted Mar 31st 2013, 12:00am by STAFF

    ... in the industry, leading to those incredibly shrinking shoeboxes whose living space is often much smaller than advertised. The Residential Properties (First-hand Sales) Ordinance will ban the use of gross ... living space available. So far, so good. Now, the new law also forces developers and agents to disclose anything that may "affect the enjoyment" of the property, such as noise pollution ...

  5. Property - Hong Kong & China - HOME LEASING

    Hong Kong home rents fall as owners cancel sale plans amid falling prices

    Posted May 15th 2013, 12:00am by Sandy Li

    ... sales Residential rents are tumbling as a growing number of home owners balk at falling house prices and choose to lease their flats rather than sell. In the Lohas Park development in Tseung ... director at Centaline Property's Tseung Kwan O branch. La Splendeur, the second-phase development of Lohas Park, is expected to be ready for occupation as early as next month, and the increase ...

  6. Property - Hong Kong & China - MAINLAND

    China home sales show mixed results after cooling measures

    Posted May 15th 2013, 12:00am by Sandy Li

    ... on pre-sales permits," wrote Alvin Wong, a property analyst at Nomura. But given increasing supply coming on stream, Wong said he expected sales to resume stronger growth momentum in the second half of the year. Across the nation, mainland property data over the first four months of this year was satisfactory, with sales momentum remaining resilient and new starts resuming a positive ...

  7. Property - Hong Kong & China - HOME RENTALS

    Fall in rents won't last long, agents say

    Posted Mar 27th 2013, 12:00am by PEGGY SITO AND SANDY LI

    ... Peggy Sito and Sandy Li Agents say the drop in leasing costs may be short-lived as new entrants to the market help drive up demand for residential tenancies Rents fall as owners opt ... be short-lived as underlying demand for rental homes from new entrants to the market would continue to rise given the uncertain outlook for the property sector. A sharp slowdown in sales following ...

  8. Property - International

    Safe and sound

    Posted Dec 13th 2012, 03:41pm by Richard Warren

    ... capital's prime residential districts rose steadily for much of the year to reach an average of GBP1,700 (HK$21,110) per square foot in the autumn, the highest achieved, says property consulting ... Bailey, head of residential research at property consultancy Knight Frank, expects 2013 to be a year of consolidation. According to the Knight Frank Prime Central London Sales Index, property ...

  9. Property - Hong Kong & China - NEW TERRITORIES

    Fanling development Green Code seen as NT market indicator

    Posted Mar 13th 2013, 12:00am by Yvonne Liu

    ... indicator Green Code, a new residential project in Fanling, has become the market indicator of housing demand in the New Territories after the government released its latest round of cooling ... on the market since the government introduced a new round of cooling measures for the property market on February 22. Prices of the units ranged between HK$8,338 and HK$11,975 per square foot. ...

  10. Property - Hong Kong & China - RESIDENTIAL SALES

    Flat sales down because of holiday

    Posted Feb 20th 2013, 12:00am by Yvonne Liu

    ... by agency Ricacorp Properties, down 19 per cent from 108 the previous week. "End-users put their buying plans on hold during the new year holiday and investors have adopted a wait-and-see attitude towards buying property as they are worried the government may release new cooling measures," David Chan, a Ricacorp Properties director, said. Just 17 flats were sold during the week ...




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