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News - Hong Kong - PROPERTY
Single block flats priced by saleable area more expensive than Peak homes
Posted Jan 01st 2013, 12:00am by PEGGY SITO AND PAGGIE LEUNG
... News Hong Kong Property Hong Kong & China Property Saleable Floor Area Peggy Sito and Paggie Leung Some mass-market flats in single blocks are more expensive per square foot than properties in Repulse Bay and The Peak when their price is calculated according to the saleable floor area. In May, the Estate Agents Authority ordered agents to state the saleable area in all ... of the saleable area. And property tycoons, agents etc. don't complain, it has always been done in other jurisdiction without any problem. ...
http://www.scmp.com/news/hong-kong/article/1116993/single-block-flats-priced-saleable-area-more-expensive-peak-homes -
News - Hong Kong - PROPERTY
Saleable floor area property rule perplexes public
Posted Jan 02nd 2013, 12:00am by Paggie Leung
... the gross floor area on all promotional materials. The saleable area is the actual size of a home, including balconies. Gross floor area includes the saleable area plus a share of the common areas ... it simply means that developers / owners are greedy. new --> pszymanski Jan 2nd 2013 8:33am Keep comparing flat prices based on gross floor area, but look at the living space in terms of seleable ...
http://www.scmp.com/news/hong-kong/article/1117727/saleable-floor-area-property-rule-perplexes-public -
Property - Hong Kong & China - REGULATION
Hong Kong developers halt sales while brochures rewritten for new rules
Posted Apr 17th 2013, 12:00am by Sandy Li
... effect on April 29, developers are required to provide comprehensive information on their projects, including the "saleable floor area", a detailed location plan of the development, ...
http://www.scmp.com/property/hong-kong-china/article/1216166/hong-kong-developers-halt-sales-while-brochures-rewritten -
Property - Hong Kong & China - HOUSING
Subsidised flats first to be offered for sale using saleable area
Posted Dec 21st 2012, 12:00am by Paggie Leung
... at the Housing Society. "We use saleable area because we want to follow the government's new law. We haven't offered information about gross floor area … but the efficiency rate ...
http://www.scmp.com/property/hong-kong-china/article/1109437/subsidised-flats-first-be-offered-sale-using-saleable-area -
Property - Hong Kong & China - HONG KONG
Hong Kong home sales slow as buyers wait to see effect of new rules
Posted Apr 24th 2013, 12:00am by Paggie Leung
... Property Hong Kong & China Home sales Secondary Market Saleable floor area Property Law Property developers Hong Kong Property Paggie Leung paggie.leung@scmp.com Sellers are reducing prices but are reluctant to cut deeper than 10pc Hong Kong's secondary home market remained quiet last week and sales are likely to slow further until the implementation of a new law ...
http://www.scmp.com/property/hong-kong-china/article/1221599/hong-kong-home-sales-slow-buyers-wait-see-effect-new-rules -
Business - Comment - BRICKS & MORTAR
Wall-to-wall rules go long way to eliminating gross injustice
Posted Apr 09th 2013, 12:00am by Sandy Li
... prices, developers are required from April 29 to specify the actual size of new flats in terms of "saleable floor area", a common practice in Britain, the United States and Australia. The saleable floor area of a property will define exclusively the actual useable space of the flat, balcony, utility platform and verandas. Excluded from this definition are all so-called "common ...
http://www.scmp.com/business/article/1210355/wall-wall-rules-go-long-way-eliminating-gross-injustice -
Business - Money
The Week Explained: Property buyers must beware misleading information
Posted Jan 21st 2013, 12:00am by Stephen Vines
... Meanwhile, since 2008, sellers of new properties have been required to provide details of a standardised "saleable area" but can still advertise their properties according to the old gross ...
http://www.scmp.com/business/money/money-news/article/1131067/week-explained-property-buyers-must-beware-misleading -
Tighter floor-numbering guidelines on the cards
Posted Nov 05th 2009, 12:00am by Sandy Li
... Construction Floors Sandy Li Hong Kong is considering tightening the guidelines on the use of misleading floor numbers for new developments after a developer's marketing gimmick ...
http://www.scmp.com/article/697427/tighter-floor-numbering-guidelines-cards -
One small step towards a fairer deal for homebuyers
Posted Oct 12th 2008, 12:00am by Staff Reporter
... platform if there are any. Another way to arrive at the saleable area is to subtract the flat's share of the common area, bay windows and plant rooms from the gross floor area. Developers ...
http://www.scmp.com/article/655946/one-small-step-towards-fairer-deal-homebuyers -
Business - Companies - PROPERTY
Scramble for sales precedes new law
Posted Apr 18th 2013, 12:00am by Sandy Li
... Business Companies Property Hong Kong & China Cheung Kong One West Kowloon Property Law Gross Floor Area Home sales Hong Kong Property Sandy Li sandy.li@scmp.com Developers woo ...
http://www.scmp.com/business/companies/article/1217033/scramble-sales-precedes-new-law
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