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  1. Property - Hong Kong & China - PROPERTY

    Official forecast of 74,000 new homes in Hong Kong hailed as a record

    Posted Oct 24th 2014, 01:59pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Government estimates would lead to record supply of new flats, as parcels of land in Tseung Kwan O and Tai Po offered for tender 74,000 new homes to be put on market Official projections of 74,000 new homes for sale over the next three to four years mark a record for new supply, a leading property agency says, as the government increases land supply ...

    http://www.scmp.com/property/hong-kong-china/article/1623706/official-forecast-74000-new-homes-hong-kong-hailed-record
  2. Property - Hong Kong & China - PROPERTY

    New World wins 'sweet deal' MTR Tai Wai project

    Posted Oct 15th 2014, 05:10am by Sandy Li

    ... Sandy Li sandy.li@scmp.com With land premium cut to HK$10.36 billion, the developer just needs to invest HK$2.86 billion upfront to build 2,900 flats at the train station New World wins 'sweet deal' MTR Tai Wai project The MTR Corp yesterday awarded the property project at its Tai Wai station in a desperate deal that will allow the winning bidder, New World Development, ...

    http://www.scmp.com/property/hong-kong-china/article/1616577/new-world-wins-sweet-deal-mtr-tai-wai-project
  3. Property - Hong Kong & China - PROPERTY

    Beijing casts net far and wide in anti-graft push

    Posted Oct 20th 2014, 04:56am by Langi Chiang

    ... Capital, a New York-based independent equity research firm with a China focus, said: "Widespread corruption in itself is not new news, but fraud investigations and consequential funding ...

    http://www.scmp.com/property/hong-kong-china/article/1620049/beijing-casts-net-far-and-wide-anti-graft-push
  4. Property - Hong Kong & China - PROPERTY

    Pace of home price falls ease in China as market shows signs of stabilising

    Posted Oct 24th 2014, 11:00am by Langi Chiang, Daniel Ren

    ... given encouragement to Bob Liu, a clerk at a foreign car parts maker in Shanghai. He plans to clear his outstanding mortgage loan and buy a new flat as a first-time homebuyer on a mortgage ... Langi Chiang and Daniel Ren in Shanghai September data shows further dip in mainland home prices but at a slower pace while sales pick up after revised rules for first-time buyers Policy ...

    http://www.scmp.com/property/hong-kong-china/article/1623614/pace-home-price-falls-ease-china-market-shows-signs
  5. Property - Hong Kong & China - PROPERTY

    MTR Corp's Tai Wai project gets nine new bids after entry rules eased

    Posted Oct 14th 2014, 04:48am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Second attempt to put HK$20 billion development up for tender gets a better response, with smaller firms now allowed a piece of the action New interest in MTR ... Wheelock Properties and New World Development. One consortium of mid-sized local developers and another in which mid-sized local players teamed up with mainland developers also submitted bids. ...

    http://www.scmp.com/property/hong-kong-china/article/1615947/mtr-corps-tai-wai-project-gets-nine-new-bids-after-entry
  6. Business - Economy - PROPERTY

    Home sales in China soar after policy relaxation

    Posted Oct 21st 2014, 11:12am by Langi Chiang

    ... in Haikou, the capital of Hainan province. The consultancy said new pre-sale approvals in 10 key cities, including Beijing and Shanghai, soared 166 per cent last week from a week earlier to 3.35 ... that banks could regard families that had paid up outstanding mortgage loans for their only home as first-time buyers and consider lending to families that owned multiple homes. But commercial ...

    http://www.scmp.com/business/economy/article/1621158/home-sales-china-soar-after-policy-relaxation
  7. Property - Hong Kong & China - PROPERTY

    Hong Kong home buying surge slows on absence of new projects

    Posted Oct 13th 2014, 04:02am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Buying surge slows on absence of new projects Hong Kong developers were unable to make a repeat of the previous weekend's bumper sales that defied ... was not bad but the number of units sold was fewer than that of the previous week, taking into account that there were no brand new projects offered for sale over the weekend," said Louis Chan ...

    http://www.scmp.com/property/hong-kong-china/article/1615295/hong-kong-home-buying-surge-slows-absence-new-projects
  8. Property - Hong Kong & China - PROPERTY

    Developers squeeze out tiny flats as home prices soar

    Posted Oct 20th 2014, 04:56am by Sandy Li

    ... out tiny flats For the past three years, Lily Kuang has preferred hanging out at cafes with friends, spending time at the library or even working longer in the office to returning home to her ... tightening and an increase in supply- to curb investment demand, particularly from cashed-up mainland buyers. Early this month, Cheung Kong (Holdings) unveiled the city's tiniest new flat, just ...

    http://www.scmp.com/property/hong-kong-china/article/1620091/developers-squeeze-out-tiny-flats-home-prices-soar
  9. 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 ... efforts to address the boundary problem in the New Territories. He said that when Hong Kong became a British colony, rural people were given plots of land, but the size and location ...

    http://www.scmp.com/news/hong-kong/article/1620757/rural-committee-chief-backs-proposed-change-squatters-law
  10. Property - Hong Kong & China - PROPERTY

    Country Garden’s new CFO aims to halve developer’s funding cost

    Posted Sep 23rd 2014, 11:24am by Langi Chiang

    ... Garden's new chief financial officer Wu Jianbin plans to halve the mainland developer's funding cost in the next two years and begin strategic changes to make it more diversified ... in Malaysia and one in Australia and will not rush to expand beyond these two countries any time soon. Meanwhile, Wu plans to start professional management of Country Garden's non-core assets, ...

    http://www.scmp.com/property/hong-kong-china/article/1597497/country-gardens-new-finance-chief-aims-halve-developers

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