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

    Rural committee chief backs proposed change to 'squatters' law'

    Posted Oct 21st 2014, 04:33am by Phila Siu

    ... under existing laws, a person can only apply for adverse possession after occupying [government] land for 60 years. That is a very long time. Why haven't there been any recommendations ...

    http://www.scmp.com/news/hong-kong/article/1620757/rural-committee-chief-backs-proposed-change-squatters-law
  2. Business - Economy - PROPERTY

    China property sales rise 41.5 per cent month-on-month in September

    Posted Oct 21st 2014, 12:03pm by Langi Chiang

    ... easier and cheaper mortgage loans- is crucial in determining the sector's prospects. The cards they still hold include tax cuts, lower down payments and the relaxation of home purchase ...

    http://www.scmp.com/business/economy/article/1621180/signs-stabilisation-chinas-property-market-amid-policy-relaxation
  3. Property - Hong Kong & China - PROPERTY

    China lacks high-quality assets to support reits, say experts

    Posted Oct 13th 2014, 04:02am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Experts say high borrowing costs and taxes makes such investment vehicles unattractive China 'lacks quality assets to support REITs' Specialist ... sufficiently attractive to investors, especially given high borrowing costs and complex property taxes. And that undermines the hopes of some in the industry that fresh urgings to widen property ...

    http://www.scmp.com/property/hong-kong-china/article/1615292/china-lacks-high-quality-assets-support-reits-say-experts
  4. Property - International - PROPERTY

    Singapore home builders face looming debt as prices drop

    Posted Oct 13th 2014, 04:02am by Bloomberg

    ... Poor's. "I suspect we haven't seen the bottom yet." Developers of residential homes are suffering not so much from lower selling prices than "collapsed" sales volumes, ...

    http://www.scmp.com/property/international/article/1615379/singapore-home-builders-face-looming-debt-prices-drop
  5. Property - Hong Kong & China - PROPERTY

    China's VAT reform to impact developers in cooling market

    Posted Sep 22nd 2014, 04:28am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Property and construction sectors likely to see introduction of 11pc value added tax next July, forcing them to overhaul business practices V.A.T. to impact developers in cooling market The mainland's plan to replace the current business tax with value added tax on property and construction firms next year will not only increase ...

    http://www.scmp.com/property/hong-kong-china/article/1597684/chinas-vat-reform-impact-developers-cooling-market
  6. Property - Hong Kong & China - PROPERTY

    China developers resist pressure to cut prices, leading to market standoff

    Posted Sep 29th 2014, 02:11am by Langi Chiang

    ... haven't achieved 50 per cent [of their full-year sales target], it's time for them to give up illusions and try to lure back home buyers." ...

    http://www.scmp.com/property/hong-kong-china/article/1603432/china-developers-resist-pressure-cut-prices-leading-market
  7. Property - Hong Kong & China - PROPERTY

    Government not serious about lower home prices, developer says

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

    ... for the property market, we haven't seen the government ever consider getting less money from the land market or cut taxes," Ren Zhiqiang, chairman of state-owned developer Huayuan Real Estate, ... is a record for the area. The mainland could start to impose a nationwide property tax in 2017 and, by the end of this year, the cabinet would submit a draft to lawmakers for readings and discussions, ...

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

    Developers speed up flat launches as mainlanders return to Hong Kong's housing market

    Posted Sep 22nd 2014, 04:28am by Peggy Sito

    ... 2012. They included an extra 15 per cent tax on non-local buyers and double stamp duty. According to Centaline Property Agency, luxury flats in the primary market bought by mainlanders accounted ...

    http://www.scmp.com/property/hong-kong-china/article/1597563/developers-press-ahead-flat-launches-lure-home-buyers
  9. Property - Hong Kong & China - PROPERTY

    Greenland dismisses China housing pessimism as 'overdone'

    Posted Sep 22nd 2014, 04:28am by Daniel Ren

    ... economic outlook, heightened expectations of further discounts and fears over an upcoming property tax have kept homebuyers at bay, increasing pressure on developers to keep their businesses ...

    http://www.scmp.com/property/hong-kong-china/article/1597567/greenland-dismisses-china-housing-pessimism-overdone
  10. Business - Companies - PROPERTY

    Developer China Vast profit drops 17.7pc

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

    ... in the first half to 449.95 million yuan (HK$565.74 million) from the same period last year as taxes and cost of servicing loans jumped. The developer, which made its debut in the Hong Kong bourse ... 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

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