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  • July 23, 2014
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  1. News - Hong Kong - PROPERTY

    Thousands sign up for subsidised homes after Leung policy fails to impress

    Posted Jan 18th 2013, 03:35pm

    ... Lai Ying-kit Discounted new homes and HOS secondary market flats vastly oversubscribed Hundreds of homebuyers flocked to submit their forms as the application for 5,988 flats under two subsidised housing schemes drew to a close late on Friday. Some applicants who turned up at the Housing Society’s office in Tai Hang on Friday morning said they had their eyes on one of the projects ...

    http://www.scmp.com/news/hong-kong/article/1130954/thousands-sign-subsidised-homes-after-leung-policy-fails-impress
  2. News - Hong Kong - PROPERTY

    Young people flood subsidised housing projects

    Posted Jan 19th 2013, 12:00am by NG KANG-CHUNG

    ... Ng Kang-chung kc.ng@scmp.com Two subsidised housing schemes are inundated with applications from the young and single- taking local real estate experts by surprise Young are keenest on bargain property Young people have emerged as the keenest home hunters, with almost two-thirds of applications for two government-subsidised housing schemes being made by the young and single. ...

    http://www.scmp.com/news/hong-kong/article/1131194/young-people-flood-subsidised-housing-projects
  3. 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 Kong's Mont Vert in Tai Po are set to cause a big impact among investors and first-time buyers. The 1,071-unit project in Fung Yuen offers 196 flats with sizes of less than 200 sq ft. ...

    http://www.scmp.com/news/hong-kong/article/1552394/big-interest-small-flats-fung-yuen-tai-po-expected
  4. 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

    ... tabled by the Democratic Party's Wu Chi-wai to exempt non-permanent residents buying public rental flats from double stamp duty, is likely to pass.   ...

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

    Hong Kong government, MTR to release five housing sites for sale

    Posted Jul 01st 2014, 04:11am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Five sites to boost supply with 5,000 flats The government and MTR Corporation will release five housing sites worth HK$5.5 billion for sale between now ... site in Tung Chung, between July and September. The four sites could provide 2,100 flats. The MTR will release a site at Tai Wai station for tender for a second time during the same period. ...

    http://www.scmp.com/property/hong-kong-china/article/1543931/hong-kong-government-mtr-release-five-housing-sites-sale
  6. Property - Hong Kong & China - PROPERTY

    Buyer rush for Hong Kong's luxury flats breathes life into market

    Posted Oct 21st 2013, 03:56am by Charlotte So

    ... The developers have offered discounts of up to 5 per cent on flat prices and also offered to subsidise buyers for the cost of the 8.5 per cent stamp duty, which was doubled from 4.25 per cent ... for luxury flats breathes life into market It might be well past mid-autumn but it could well be spring for Hong Kong's luxury property market, with two projects in West Kowloon well received ...

    http://www.scmp.com/property/hong-kong-china/article/1336146/buyer-rush-hong-kongs-luxury-flats-breathes-life-market
  7. Property - Hong Kong & China - PROPERTY

    Increase in land supply helps small developers compete with big firms

    Posted Jul 01st 2014, 04:11am by Sandy Li

    ... with more lots available in small sizes, to ensure there will be an annual supply of 20,000 private flats. Chris Hoong, the managing director of Far East Consortium International, said small ... area of 129,577 sq ft, or at least 240 flats. Six months later, Far East Consortium won another residential site, in Tai Wai, for HK$148 million or HK$3,336 per square foot. Other small ...

    http://www.scmp.com/property/hong-kong-china/article/1543903/increase-land-supply-helps-small-developers-compete-big
  8. Property - Hong Kong & China - PROPERTY

    Developers offer incentives to boost sales in Hangzhou

    Posted Jun 24th 2014, 05:58am by Sandy Li

    ... coupons worth 200,000 yuan to its 150,000 existing customers to encourage them to buy more flats. Last month, Greentown chairman Song Weiping and his wife Xia Yibo and chief executive Sho Bainian ... payment and 20 per cent in three years. The project mainly caters to first-time buyers, with flats priced at about 2 million yuan each. The generous packages from developers come amid ...

    http://www.scmp.com/property/hong-kong-china/article/1539197/developers-offer-incentives-boost-sales-hangzhou
  9. Property - Hong Kong & China - PROPERTY

    China's property sector primed for shake-up as downturn drains cash

    Posted Jun 26th 2014, 01:07am by Reuters

    ... on two levels. First, competition both for land banks and flat sales has squeezed margins. Margins on earnings before interest, taxes, depreciation, and amortisation are now in the low teens ...

    http://www.scmp.com/property/hong-kong-china/article/1540574/chinas-property-sector-primed-shake-downturn-drains-cash
  10. Property - Hong Kong & China - PROPERTY

    'Buyers at risk' as Hong Kong extends flat presale period to 30 months

    Posted Jun 28th 2013, 12:00am by Joyce Ng, Peggy Sito

    ... still afford to pay the mortgage if the interest rate rises by 2 to 3 percentage points." Similarly, a batch of 2,100 Home Ownership Scheme subsidised flats will be sold late next year, 24 ... at risk' from earlier flat sales Developers will be allowed to pre-sell unfinished projects 10 months earlier to meet market demand, the government announced yesterday. But critics said it could ...

    http://www.scmp.com/property/hong-kong-china/article/1270638/buyers-risk-hong-kong-extends-flat-presale-period-30-months

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