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  • July 11, 2014
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  1. News - Hong Kong - PROPERTY

    Legco unlikely to pass lawmaker's stamp duty refund plan

    Posted Jul 11th 2014, 03:55am by JEFFIE LAM, Yvonne Liu

    ... Party stalwart Lee Cheuk-yan said. "After all, we want to see a drop in property prices." Real estate agents say the markets for offices and industrial space attract more buyers ...

    http://www.scmp.com/news/hong-kong/article/1551408/legco-unlikely-pass-lawmakers-stamp-duty-refund-plan
  2. Property - Hong Kong & China - PROPERTY

    Hong Kong-listed Lai Fung pays record price for Shanghai parcel

    Posted Jul 10th 2014, 04:56am by Langi Chiang

    ... (HK$724 million). Excluding the 30 per cent reserved for affordable housing and 2 per cent for public facilities, the floor space cost of 85,810 yuan per square metre is a record for the country. ...

    http://www.scmp.com/property/hong-kong-china/article/1550674/hong-kong-listed-lai-fung-pays-record-price-shanghai-parcel
  3. Property - Hong Kong & China - PROPERTY

    Asian banks snap up prime office space in Central

    Posted May 12th 2014, 02:58am by George Chen, Yvonne Liu

    ... George Chen and Yvonne Liu Desire to expand in financial district not shared by Western rivals, who have been moving out Asian banks snap up prime office space in Central Capital-rich Asian banks, in particular some state-owned mainland firms, have emerged as prime contenders for top-end office space in the heart of Hong Kong's financial district, replacing some Western ...

    http://www.scmp.com/property/hong-kong-china/article/1510169/asian-banks-snap-prime-office-space-central
  4. News - China - PROPERTY

    New Beijing rules may allow homeowners to rent out their subdivided living rooms

    Posted Jun 13th 2014, 04:51pm by Zhuang Pinghui

    ... Zhuang Pinghui zhuang.pinghui@scmp.com Beijing homeowners may soon be allowed to partition living rooms and lease the space for tenants, the municipality has announced. It marks a shift ... July, the municipal government issued a circular requiring each tenant to have a minimum 5 square metres of living space and the room must be shared with no more than one person. The new draft ...

    http://www.scmp.com/news/china/article/1531653/new-beijing-rules-may-allow-homeowners-rent-out-their-subdivided-living
  5. Property - Hong Kong & China - PROPERTY

    UBS plans to move into commercial property investment in China

    Posted Jun 17th 2014, 05:14am by Bloomberg

    ... assets. Several mainland cities were expected to experience improving rental demand for commercial space on the back of recent regulatory changes, including policies to boost growth in certain ...

    http://www.scmp.com/property/hong-kong-china/article/1534305/ubs-plans-move-commercial-property-investment-china
  6. Property - Hong Kong & China - PROPERTY

    Mainland China property market cooling down fast

    Posted Jun 16th 2014, 03:12am by Langi Chiang

    ... adding the equivalent of 3.4 sqmetres of property space for every locally registered resident. The city, with an economy mainly driven by the electronics and petrochemical industries, is also ...

    http://www.scmp.com/property/hong-kong-china/article/1533544/mainland-china-property-market-cooling-down-fast
  7. Business - China Business - PROPERTY

    China Vanke embraces the internet with Baidu partnership

    Posted Jun 06th 2014, 12:38am by Langi Chiang

    ... space [after GLP] in three to five years in this new strategic focus for the next decade," Citi analyst Oscar Choi wrote in a note after attending Vanke's investors' day in Sanya ... set up its commercial property management division in January last year and now owns almost 20 million square metres of commercial properties as well as a combined floor space of several ...

    http://www.scmp.com/business/china-business/article/1526191/china-vanke-embraces-internet-baidu-partnership
  8. Property - Hong Kong & China - PROPERTY

    Developers’ cash flow hit by delays in home loan approvals

    Posted Jun 12th 2014, 10:56am by SANDY LI AND LANGI CHIANG

    ... are already suffering a decline in sales. Sales of new homes in this year's first four months fell 8.6 per cent year on year to 1.45 trillion yuan, and total floor space transacted dropped 9.7 ...

    http://www.scmp.com/property/hong-kong-china/article/1530650/developers-cash-flow-hit-delays-home-loan-approvals
  9. News - Hong Kong - PROPERTY

    Property stamp duty concessions fail to impress lawmakers

    Posted May 13th 2014, 11:37pm by FANNY FUNG, Sandy Li, Tanna Chong

    ... a meeting of a Legislative Council bills committee by Secretary for Financial Services and the Treasury Professor Chan Ka-keung. Exempting from duty the purchase of a parking space by permanent residents who do not already own a flat and a parking place was widely criticised. If a person bought more than one parking space at the same time, none of the spaces would qualify for the waiver. ...

    http://www.scmp.com/news/hong-kong/article/1511563/property-stamp-duty-concessions-fail-impress-lawmakers
  10. Property - Hong Kong & China - PROPERTY

    China's property developers' default risk poses funding threat

    Posted May 01st 2014, 01:28am by BLOOM

    ... in the first quarter fell 5.2 per cent from a year earlier and the floor space of new property construction dropped 25.2 per cent, statistics bureau data showed on April 16. Samson Lee, head of debt ...

    http://www.scmp.com/property/hong-kong-china/article/1501200/chinas-property-developers-default-risk-poses-funding

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