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  • September 16, 2014
  • Last updated: 11:23pm
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  1. Property - Hong Kong & China

    Crowdfunding clicks on to property flipping

    Posted Sep 15th 2014, 04:43am by Bloomberg

    ... can take part and many of them may not understand investing, Standard & Poor's Hong Kong-based analyst Fu Bei said. "Such investments are irrational, and they won't become ... townhouse on June 17. The order book was filled in 21 hours. Tuandai negotiated to pay 25 per cent below the market price for Deng's townhouse and got similar discounts for another 17 Citic ...

  2. Property - Hong Kong & China - PROPERTY

    Developers keen as MTR's Tai Wai residential project up for tender

    Posted Sep 16th 2014, 03:15am by Yvonne Liu

    ... as mainland developer China Vanke. Mid-sized developers Emperor International, Lai Sun Development, Kowloon Development, CSI Properties and Asia Standard International have also submitted expressions ...

  3. Property - Hong Kong & China - RESIDENTIAL

    New home prices climb in Hangzhou and Guangzhou

    Posted Sep 16th 2014, 11:12am by Langi Chiang

    ... In Guangzhou, the government unveiled a strategic plan to develop its Nansha new district into a high-end community for people working in prosperous Guangdong province as well as in Hong Kong and Macau. ...

  4. Comment - Insight & Opinion - BRICKS & MORTAR

    Rising wages for construction workers pressure mainland developers

    Posted Sep 15th 2014, 02:44pm by Peggy Sito

    ... workers to work in big cities. In lower-tier cities, the pay is about 8,000 yuan a month," the executive said. "But university graduates there are just getting 4,000 yuan a month." ... than 1,400 workers who left farm jobs found they received an average of 160 yuan a day, rising to 300 yuan in peak periods. They were working on sites in seven big cities, including Beijing ...

  5. Property - Hong Kong & China - REGULATION

    Beating the bid-riggers: Angry homeowners use competition law to battle price-fixing

    Posted Sep 15th 2014, 04:43am by Benjamin Robertson, Elaine Yau

    ... enough for a property down payment – for renovation work at Shatin’s Garden Vista estate. Since then, the organisation’s rapid growth is testament to how widespread abuse is, said Lam. The seeds ... Such work became mandatory following a 2011 amendment to the Buildings Ordinance, under which statutory notices could be issued to the owner corporations of old buildings, requiring them to carry ...


    Maximising return on built assets raises living standards

    Posted Jun 03rd 2014, 02:39pm by Graham Kean

    ... standard rise linked to built assets The "built" environment, including residential property, office and retail developments, manufacturing plants, transport infrastructure and more, ... a country. The report looks at how 30 different countries across the globe can improve the return they get from their built assets to raise the standard of living. The study, developed in conjunction ...

  7. Business - Companies - COMPANY VISIT

    Homelink plans course correction to ride out China's property downturn

    Posted Sep 13th 2014, 04:47am by Kwong Man-ki

    ... market. For example, the company worked with developer China Vanke on two to three projects and the cooperation was smooth, according to Lin. "We have outlined our future business model- ...

  8. Business - China Business - PROPERTY

    Socam Development leads with 30pc price cuts to woo homebuyers in Chengdu

    Posted Sep 12th 2014, 10:32am by Langi Chiang

    ... of this year," he said. A rising number of mainland developers are coming back to the equity and bond markets to raise funds either to repay maturing debts or to boost working capital for possible ...

  9. Business - China Business - FUNDRAISING

    Yuexiu Property seeks HK$3.84b in rights issue

    Posted Sep 04th 2014, 11:35am by Langi Chiang and Sandy Li

    ... it will sell as many as 3.07 billion shares. Net proceeds will improve its net gearing ratio, cash position and availability of working capital to facilitate expansion, it added. Yuexiu had a net ... director of corporate ratings at Standard & Poor's, took the rights issues as part of the developers' efforts to cap their debt ratio. The global ratings agency expects more negative ...

  10. Property - Hong Kong & China - PROPERTY

    90 per cent of One South Lane first-batch units sold to investors

    Posted Sep 10th 2014, 02:44am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Investors snap up small flats at Kennedy Town Nearly nine out of 10 flats at a small development in Kennedy Town were sold to investors yesterday, an industry observer said- their appetite whetted by rents hitting a record high in July. In just three hours, Chinese Estates Holdings sold the entire first batch of 40 flats, with sizes ranging from 210 ...




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