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  • April 20, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Project sell-out primes Cheung Kong for next batch

    Posted Mar 31st 2014, 05:21am by Peggy Sito

    ... implying that developers are required to sell their primary projects below secondary prices by 10 to 20 per cent to lure buyers. The additional 93 units will be sold from HK$9,921 per square foot ...

    http://www.scmp.com/property/hong-kong-china/article/1461179/project-sell-out-primes-cheung-kong-next-batch
  2. Property - Hong Kong & China - PROPERTY

    Developer price cuts entice buyers into HK$20b spending spree

    Posted Mar 06th 2014, 01:19am by Sandy Li

    ... they offered discounts of up to 20 per cent on secondary market prices, while Henderson Land Development announced on Tuesday that a joint-venture development had generated sales of HK$420 million. ...

    http://www.scmp.com/property/hong-kong-china/article/1441423/developer-price-cuts-entice-buyers-hk20b-spending-spree
  3. Property - Hong Kong & China - PROPERTY

    Dark clouds over Hong Kong's property market as 'perfect storm' looms

    Posted Mar 10th 2014, 06:10am by Sandy Li, Peggy Sito

    ... Despite the upbeat talk, there has been evidence of a downward trend, with a number of developers selling new homes at prices below those in the secondary market. In one example, Sun Hung Kai ...

    http://www.scmp.com/property/hong-kong-china/article/1444716/dark-clouds-over-hong-kongs-property-market-perfect-storm
  4. News - Hong Kong - PROPERTY

    Stamp duty expected to hit second-hand homes hardest

    Posted Feb 24th 2014, 04:45am by Sandy Li

    ... second-largest property developer, Sun Hung Kai Properties, believes higher stamp duties that became law at the weekend will hit the secondary residential market hardest, despite developers slashing their prices since late last year. Prices for new housing were unlikely to fall significantly as construction costs continued to rise, SHKP co-chairman Thomas Kwok Ping-kwong said. "Secondary home ...

    http://www.scmp.com/news/hong-kong/article/1433797/stamp-duty-expected-hit-second-hand-homes-hardest
  5. Property - Hong Kong & China - PROPERTY

    Chinese step up investments in foreign projects

    Posted Feb 17th 2014, 04:47am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Investors spend more than US$8b overseas as they widen their focus to developments in secondary cities to achieve better yields Chinese step up investments ... to secondary ones, says property consultancy CBRE. Christopher Ludeman, global president of capital markets at CBRE, said Chinese buyers used to take aim at large, long-lease and quality real estate ...

    http://www.scmp.com/property/hong-kong-china/article/1429101/chinese-step-investments-foreign-projects
  6. Property - Hong Kong & China - PROPERTY

    Centaline claims bigger slice of Hong Kong flat market

    Posted Feb 24th 2014, 04:32am by Sandy Li

    ... cent from the secondary market. To achieve higher sales, Po said Midland would expand its sales force for the primary residential market by 15 per cent this year. He believes the number of new ...

    http://www.scmp.com/property/hong-kong-china/article/1433809/centaline-claims-bigger-slice-hong-kong-flat-market
  7. News - Hong Kong - PROPERTY

    Higher stamp duties approved by Legco 16 months after being imposed

    Posted Feb 23rd 2014, 05:11am by Tony Cheung

    ... Developers began offering big discounts to sell flats in November. This has meant flats in new developments selling for 20 to 30 per cent less than equivalent homes in the secondary market. Targeting ...

    http://www.scmp.com/news/hong-kong/article/1433559/higher-stamp-duties-approved-legco-16-months-after-being-imposed
  8. Property - Hong Kong & China - PROPERTY

    Property buyer sentiment remains cool over warm holiday period

    Posted Feb 04th 2014, 05:57am by Sandy Li

    ... a handful of units sold during the four-day holiday. Sales in the secondary market remained sluggish. In the 10 major private housing estates monitored by Midland Realty, there were only three sales ...

    http://www.scmp.com/property/hong-kong-china/article/1420223/property-buyer-sentiment-remains-cool-over-warm-holiday
  9. Property - Hong Kong & China - PROPERTY

    Shortfall in construction of new flats 'will curb fall in property prices'

    Posted Jan 25th 2014, 04:23am by Yvonne Liu

    ... in the secondary market, stayed at 118.20 for the week to January 5- its second-lowest level since the government doubled stamp duties in February last year. The Housing Authority's figures also show ...

    http://www.scmp.com/property/hong-kong-china/article/1412918/shortfall-construction-new-flats-will-curb-fall-property
  10. Property - Hong Kong & China - PROPERTY

    'Worst is over' for Hong Kong real estate, says Cheung Kong executive

    Posted Jan 06th 2014, 12:28am by Peggy Sito

    ... to HK$298.94 billion. However, prices in the secondary market rose 2.8 per cent in 2013, according to Centaline Property Agency. Chiu said that, after months of monitoring the market, developers had ... is offering early buyers at Diva a 7.5 per cent discount on stamp duties, as part of a package of sweeteners. He said the secondary market would remain quiet as individual flat owners were unable ...

    http://www.scmp.com/property/hong-kong-china/article/1398559/worst-over-hong-kong-real-estate-says-chiu

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