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  • July 30, 2014
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  1. Property - Hong Kong & China - HONG KONG

    Expatriates seek cheaper and bigger flats in Hong Kong's Tseung Kwan O

    Posted Feb 26th 2014, 05:24am by Sandy Li

    ... Sandy Li sandy.li@scmp.com People fed up with high rents in central areas are moving to Tseung Kwan O and enjoying larger apartments and much lower prices Expats seek cheap flats in new ... I was renting a 500-square-foot unit in Sai Wan Ho. Now I have a 700 sq ft home in Lohas Park but pay 30 per cent less than what I was paying in Sai Wan Ho," he said. Since the estate in which he ...

    http://www.scmp.com/property/hong-kong-china/article/1435050/expatriates-seek-cheaper-and-bigger-flats-hong-kongs-tseung
  2. Property - Hong Kong & China - HONG KONG

    Housing rents seen to rise faster as new stamp duty hits home purchases

    Posted Feb 27th 2013, 12:00am by Peggy Sito, Paggie Leung

    ... 'to push rents higher' Residential tenants in Hong Kong were hit by a steady rise in rents last year, but the worst may be yet to come, property agents warn. Rents will rise at a faster ... of additional stamp duties of 15 per cent of the purchase price to cool demand from foreigners and companies. Last year rents in 85 housing estates rose for 11 straight months to HK$22.8 per sq ft ...

    http://www.scmp.com/property/hong-kong-china/article/1159207/housing-rents-seen-rise-faster-new-stamp-duty-hits-home
  3. Lifestyle - Books - HONG KONG

    Book review: No City for Slow Men, by Jason Ng

    Posted Jan 12th 2014, 04:05pm by Guy Haydon

    ... that they themselves have broken." Ng rails at our sky-high property prices and developers, who hold such sway over policymakers while running retail chains, utilities, public transport and phone ...

    http://www.scmp.com/lifestyle/books/article/1402282/book-review-no-city-slow-men-jason-ng
  4. Property - Hong Kong & China - HONG KONG

    DTZ predicts continuing uncertainty in Hong Kong property market

    Posted Apr 17th 2013, 12:00am by Peggy Sito

    ... investment division. Retail and office properties would still be the preferred assets for most investors given the strong end-user demand and leasing interest, Yip said. ...

    http://www.scmp.com/property/hong-kong-china/article/1216137/dtz-predicts-continuing-uncertainty-hong-kong-property
  5. Business - Economy - HONG KONG

    John Tsang sees better economy in Year of the Snake

    Posted Feb 12th 2013, 12:00am by Paggie Leung

    ... - because the younger generation was facing huge pressure to pay their home mortgages, rising rent and education expenses for their children. Saying that the property market was a common topic ...

    http://www.scmp.com/business/economy/article/1148176/john-tsang-sees-better-economy-year-snake
  6. Business - Economy - HONG KONG

    Cost of buying a home is main obstacle to retirement saving

    Posted Feb 21st 2013, 12:00am by KANIS LI

    ... downturn. Extrapolations from the 2011 census suggest 30 per cent of Hong Kong's population will be over 65 years old by 2041. Diana Cesar, the head of retail banking and wealth management ...

    http://www.scmp.com/business/economy/article/1154975/cost-buying-home-main-obstacle-retirement-saving
  7. Business - Economy - HONG KONG

    HKMA warns of risk to economy from soaring property prices

    Posted Dec 20th 2012, 12:00am by Eric Ng

    ... overseas, the authority said. In the year's first nine months, the combined pre-tax operating profit of retail banks rose 13.9 per cent year on year. Their net interest margin remained stable in the third quarter at 1.4 per cent, the highest level since the second quarter of last year. The fraction of retail banks' loans with a risk of delinquency in repayment fell to 0.5 per cent ...

    http://www.scmp.com/business/economy/article/1108494/hkma-warns-risk-economy-soaring-property-prices
  8. Business - Economy - HONG KONG

    Less pessimism as hopes grow for a rebound

    Posted Oct 18th 2012, 12:00am by Toh Han Shih

    ... deterioration of Hong Kong's economy. There is a high chance of a considerable rebound of the overall economy, led by the domestic retail sector." He forecast the city's GDP would grow ... retail sub-index stood at 46.2 in the fourth quarter, up from 37.4 in the third quarter, the biggest increase among the sub-indices. "The rebound gives more confidence that retail in Hong ...

    http://www.scmp.com/business/economy/article/1063528/less-pessimism-hopes-grow-rebound
  9. News - Hong Kong - HONG KONG

    Housing subsidy scheme targets low-income families

    Posted Oct 08th 2012, 04:00pm by Phila Siu

    ... households, two-person households and three-person households, respectively. Their monthly rent cannot exceed HK$4,370, HK$6,705, and HK$8,530. They cannot own any properties or be receiving ...

    http://www.scmp.com/news/hong-kong/article/1056388/housing-subsidy-scheme-targets-low-income-families
  10. Property - Hong Kong & China - HONG KONG

    Few flats available for HK$2m or less, except in Tuen Mun and Yuen Long

    Posted Oct 10th 2012, 12:00am by Sandy Li

    ... priced at about HK$1.5 million," he said. Flats in the area were popular among investors who could rent out a one-bedroom flat for HK$6,000 a month, Lau said. Patrick Chow, head of research ...

    http://www.scmp.com/property/hong-kong-china/article/1057092/few-flats-available-hk2m-or-less-except-tuen-mun-and-yuen

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