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  • August 30, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Land sale attracts keen interest as developers bank on smaller flats

    Posted Aug 09th 2014, 04:11am by Yvonne Liu

    ... interest The tender for two residential sites in the New Territories received an overwhelming response yesterday, a fresh sign of confidence among developers that demand for smaller flats will stay ... Wan site because it allows for an office development. "But developers' interest in the New Territories is limited to mass residential sites only. The demand for flats ranging in size ...

    http://www.scmp.com/property/hong-kong-china/article/1569594/land-sale-attracts-keen-interest-developers-bank-smaller
  2. Business - Companies - PROPERTY

    Developer China Vast profit drops 17.7pc

    Posted Aug 29th 2014, 11:03am by Enoch Yiu

    ... yuan as a result of an increase in interest rates on its trust loans and other loan facilities. China Vast borrowed US$100 million in April at an interest rate of 15.76 per cent with an initial transaction cost of 13.1 million yuan. Another loan of 300 million yuan in June came at an interest rate at 24.61 per cent and an initial transaction cost of 37.9 million yuan. The firm’s tax burden ...

    http://www.scmp.com/business/companies/article/1581660/developer-china-vast-profit-drops-177pc
  3. Business - Companies - PROPERTY

    Chinese Estates profit down 42.5pc

    Posted Aug 28th 2014, 03:47pm by Peggy Sito

    ... shopping malls such as Windsor House in Causeway Bay and Silvercord in Tsim Sha Tsui. Directors declared an interim dividend of 30 HK cents, against 20 HK cents previously. No special dividend ...

    http://www.scmp.com/business/companies/article/1581439/chinese-estates-profit-down-425pc
  4. Property - Hong Kong & China - PROPERTY

    Hainan cracks down on idle land parcels

    Posted Aug 25th 2014, 03:31am by Langi Chiang

    ... talk fest graced by statesmen, business and thought leaders. But 87.5 per cent of this site remains undeveloped, according to Hainan's provincial land bureau. It has been discussing ...

    http://www.scmp.com/property/hong-kong-china/article/1580469/hainan-cracks-down-idle-land-parcels
  5. Business - Money - PROPERTY

    Former SHKP chairman Walter Kwok said to be seeking back-door listing

    Posted Aug 11th 2014, 11:33am by Sandy Li

    ... developer SHKP, announced that it had reached "an amicable agreement regarding the treatment of the family's interests" in the HK$317 billion firm. Alfred Lau, a property analyst ...

    http://www.scmp.com/business/money/markets-investing/article/1571194/walter-kwok-said-seek-back-door-listing
  6. Property - Hong Kong & China - PROPERTY

    Government not serious about lower home prices, developer says

    Posted Aug 08th 2014, 11:21am by Langi Chiang

    ... reluctance to allow those for development sites, a crucial source of local authorities' revenue, to decline. Recent moves by dozens of cities to ease restrictions on purchases of additional ... said. On Thursday, a new "land king"- as development sites that are sold for record prices are dubbed- emerged in Fujian province. State-owned Fuzhou Hai Sheung Real Estate Development ...

    http://www.scmp.com/property/hong-kong-china/article/1569027/government-not-serious-about-lower-home-prices-developer
  7. News - Hong Kong - PROPERTY

    Big interest expected in small flats at Fung Yuen, Tai Po

    Posted Jul 11th 2014, 11:39pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com New homes in Fung Yuen, under 200 sq ft and less than HK$2m, are due on sale this month Big interest in small flats expected Tiny flats on offer at Cheung ... "The market response will depend on asking prices. But many people are interested in the project. "The demand for small flats in Tai Po from end-users has been very strong in recent ...

    http://www.scmp.com/news/hong-kong/article/1552394/big-interest-small-flats-fung-yuen-tai-po-expected
  8. Property - Hong Kong & China - PROPERTY

    Average home prices in Hong Kong hit another record

    Posted Aug 07th 2014, 02:55pm by Sandy Li, Yvonne Liu

    ... problems of the property market. "Home prices will be supported by low interest rates and the housing shortage. Besides strong demand from end-users, we have seen investors at home and from ...

    http://www.scmp.com/property/hong-kong-china/article/1568282/average-home-prices-hong-kong-hit-another-record
  9. Property - Hong Kong & China - PROPERTY

    China Merchants Land rises on acquisition of Guangzhou developer

    Posted Aug 04th 2014, 12:33pm by Langi Chiang

    ... and commercial complex in Guangzhou's Panyu district, with unsold properties totalling 676,252 square metres. It also holds interest in eight projects- six in Foshan, Guangdong province, and one ...

    http://www.scmp.com/property/hong-kong-china/article/1566102/china-merchants-land-rises-acquisition-guangzhou-developer
  10. Property - Hong Kong & China - PROPERTY

    Luxury homes taken off the market as big-ticket buyers refuse to pay top prices

    Posted Aug 04th 2014, 03:38am by Sandy Li

    ... said. Vincent Cheung Kiu-cho, the national director for Greater China at property consultant Cushman & Wakefield, said investor interest in luxury homes had been dampened by low yields. ...

    http://www.scmp.com/property/hong-kong-china/article/1565762/tender-flops-point-cooling-luxury-home-sector-hong-kong

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