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  1. 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

    ... developers are holding off for the moment, either using stop-gap measures or waiting for a bank rescue, say industry insiders. "The market isn't favourable. We haven't decided whether ... 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
  2. 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

    ... Alliance for Hong Kong. Leung is seeking to ease the impact of taxes that are at least double the original rates- a cooling measure imposed on buyers who own other properties or are not permanent ...

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

    Legco gets more control over double stamp duty property-cooling measure

    Posted May 28th 2014, 02:22pm by Tanna Chong

    ... Tanna Chong tanna.chong@scmp.com Government makes concession amid fears stamp duty bill could fail Lawmakers to get say before changes to tax Lawmakers will have a chance to block any ... stamp duty – under which buyers who own other properties and those who are not permanent residents must pay higher taxes – of the change yesterday. The government has collected the tax since ...

    http://www.scmp.com/news/hong-kong/article/1520311/legco-gets-more-control-over-double-stamp-duty-property-cooling
  4. Property - Hong Kong & China - PROPERTY

    Cash-strapped mainland developers delaying commissions to property agents

    Posted Jun 13th 2014, 10:47am by SANDY LI AND LANGI CHIANG

    ... last year," Chiang said. "However, we haven't received anything so far. Chasing after them at this time is meaningless because they don't have money to pay us." ...

    http://www.scmp.com/property/hong-kong-china/article/1531446/cash-strapped-mainland-developers-delaying-commissions
  5. Property - Hong Kong & China - PROPERTY

    Pause in China's trade zones unlikely to dim mood for pacesetters

    Posted Jun 09th 2014, 03:31am by Peggy Sito

    ... of the free-trade zone frenzy to fight for tax preferential status and the establishment of duty-free zones," said Sun, adding the central government aims to use the zone in Shanghai as a testing ... about the establishment of free-trade zones in Guangdong province," said Caesar Wong Shun-on, a Deloitte China tax partner. "Their conditions are mature. The region has ports, ...

    http://www.scmp.com/property/hong-kong-china/article/1528219/pause-chinas-trade-zones-unlikely-dim-mood-pacesetters
  6. Property - Hong Kong & China - PROPERTY

    Okay goes online to fight cooling property market in Hong Kong

    Posted Jun 09th 2014, 03:31am by Sandy Li

    ... when home sales in the secondary market slid 40 per cent since the government imposed higher property taxes to curb investment demand last year. The firm shares an office with real estate ...

    http://www.scmp.com/property/hong-kong-china/article/1528192/okay-goes-online-fight-cooling-property-market-hong-kong
  7. Property - Hong Kong & China - PROPERTY

    Wuxi takes lead in easing policy to boost home sector

    Posted Apr 28th 2014, 04:44am by Langi Chiang

    ... offering any specific measures or time frame. Analysts said a reported package of 10 measures by Fujian province, including halving the deed tax for buyers of first homes, might have exceeded what ...

    http://www.scmp.com/property/hong-kong-china/article/1498470/wuxi-takes-lead-easing-policy-boost-home-sector
  8. Property - Hong Kong & China - PROPERTY

    China Vanke moves into Wan Chai

    Posted Apr 02nd 2014, 05:47am by Yvonne Liu

    ... on the mainland is about 9 per cent only due to higher tax rates. But in Hong Kong, the net profit margin is about 17 per cent and the funding cost is low," said Nicole Wong, CLSA's regional ...

    http://www.scmp.com/property/hong-kong-china/article/1462822/china-vanke-moves-wan-chai
  9. News - China - PROPERTY

    Beijing vows to establish nationwide property registry by 2020

    Posted Mar 18th 2014, 04:59am by Zhang Hong

    ... the central government fulfil a plan to roll out the tax on properties that are not a person's primary residence. It seems no plan is in the works to tax people's main residence ...

    http://www.scmp.com/news/china/article/1451111/beijing-vows-establish-nationwide-property-registry-2020
  10. News - Hong Kong - PROPERTY

    Controversial property stamp duty bill moves one step closer to passage

    Posted Feb 20th 2014, 12:22pm by Amy Nip and Tanna Chong

    ... on effect of tax vote The second-hand property market has hit its worst level since records began, property agents said as the Legislative Council passed the second reading of a bill to formally introduce the buyer's stamp duty. The bill is expected to pass a third reading within days. A third reading would write into the statute books the 15 per cent tax on home purchases ...

    http://www.scmp.com/news/hong-kong/article/1431681/controversial-stamp-duty-bill-moves-one-step-closer-passage

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