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  • September 3, 2014
  • Last updated: 6:00am
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  1. Business - Companies

    Sun Hung Kai duty subsidy seen working after The Cullinan sales

    Posted Oct 17th 2013, 12:00am by Sandy Li

    ... value. Home prices have more than doubled since early 2009 amid low mortgage rates, a shortage of new supply and an influx of mainland buyers. Sales have fallen since the government raised stamp ...

  2. Business - RETAIL

    Hong Kong's Yata set to open three stores as weaker yen boosts sales

    Posted May 21st 2013, 12:00am by Charlotte So

    ... It is an old district where many of its residents have finished paying off their mortgages. Their disposable incomes are high, although the average income in the district is lower than what ...

  3. Business - Companies - PROPERTY

    Sun Hung Kai pays more than expected for luxury site; Cheung Kong cuts prices

    Posted Mar 27th 2013, 09:12pm by Paggie Leung, Sandy Li, KANIS LI

    ... of 2,154 sq ft, are on sale for HK$16.42 million to HK$16.75 million each. Meanwhile, the number of mortgage applications last month fell 24.5 per cent from January to 9,013, Hong Kong Monetary Authority figures show. Mortgage loans drawn down during February fell 23 per cent to HK$12.2 billion, and loans approved fell 12.3 per cent to HK$18.6 billion. Of these, the value of loans issued ...

  4. Business - Property - PROPERTY

    SHKP lowers asking price for luxury units

    Posted Mar 23rd 2013, 12:00am by Sandy Li

    ... were hit by rises in major bank mortgage rates and a doubling in stamp duty for second homes. Separately, SHKP said it signed a HK$15.2 billion five-year syndicated credit facility ...

  5. Business - Money - PROPERTY

    Developers extend rally amid absence of curbs

    Posted Jan 18th 2013, 12:00am by PEGGY SITO AND PAGGIE LEUNG

    ... they would have to pay a special stamp duty. Low interest rates on mortgages are also supporting property prices. "Given the history, Cheung Kong and SHKP are doing the best in asset turnover, ...

  6. Business - Companies - PROPERTY

    SHKP trims luxuries at top end of town

    Posted Dec 28th 2012, 12:00am by Sandy Li

    ... each person can make one replacement purchase. Separately, the value of Hong Kong mortgage loans taken out last month increased by 11.2 per cent to HK$21.2 billion from October, according ...

  7. Business - China Business

    HK developer blames China for cost rises

    Posted Oct 09th 2012, 12:00am by Bloomberg

    ... 90 per cent since early 2009 on a lack of new supply, an influx of buyers from the mainland and record low mortgage rates. Rising construction costs may further drive up prices, which have ...

  8. Business - Property - PROPERTY

    Eight bidders for Tseung Kwan O site

    Posted Sep 22nd 2012, 12:00am by Peggy Sito

    ... of remaining Home Ownership Scheme flats for sale, and tighter lending conditions on second mortgages. Gregory Tam, associate director of valuation and advisory services at Colliers International Hong ...

  9. Business - Companies - EARNINGS

    Legal battle fails to keep SHKP's Kwok brothers away from the office

    Posted Sep 14th 2012, 12:00am by Sandy Li

    ... the mortgage loan-to-value ratio, saying it would suppress demand only in the short term and failed to address the root problem of supply. Deputy managing director Victor Lui Ting said SHKP had ...

  10. DREAM homes

    Posted Apr 27th 2012, 12:00am

    ... not need a mortgage or to borrow money from the bank,' Lau says. In the primary market, the 31 deluxe houses at Shouson Peak in Island South are proving popular. A 4,100 sq ft house ...




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