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  • April 24, 2014
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  1. News - Hong Kong - PROPERTY

    Property agents march against cooling measures, stamp tax

    Posted Jul 07th 2013, 05:51pm by Agence France-Presse in Hong Kong

    ... Thousands of real estate agents took to Hong Kong’s streets Sunday in protest at government efforts to curb soaring property prices, saying new transaction taxes and other measures ... to scrap the Special Stamp Duty and the Buyer Stamp Duty. “There are 37,000 agents in Hong Kong and there were only 3,000 transactions last month,” said Raymond Ho, a spokesman for the rally ...

    http://www.scmp.com/news/hong-kong/article/1277368/property-agents-march-against-cooling-measures-stamp-tax
  2. Property - Hong Kong & China

    Hong Kong home sales surge over Easter as owners cut prices

    Posted Apr 22nd 2014, 12:45am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Improved sentiment in residential market spills to commercial sector with 47pc jump in deals Home sales surge over Easter as owners cut prices Home sales ... that ended yesterday, 42 flats were sold at 10 housing estates tracked by Midland Realty, an increase of 75 per cent from the Easter break last year. "It was driven by more owners willing ...

    http://www.scmp.com/property/hong-kong-china/article/1493959/hong-kong-home-sales-surge-over-easter-owners-cut-prices
  3. Property - Hong Kong & China - COMMERCIAL

    Office rents in Hong Kong's Central could fall by 20pc over 18 months

    Posted Oct 23rd 2013, 04:49am by Sandy Li

    ... to two-thirds of the space in Two IFC," he said. The adjustment had changed the profile of the rental market in Central, added Fok. Medium-sized companies that signed up for 5,000 to 7,000 sq ft ... office rents seen falling 20pc in 18 months Office rents in Central may fall by up to 20 per cent within the next 18 months as the market adjusts to an abundant supply of vacant space in Hong ...

    http://www.scmp.com/property/hong-kong-china/article/1337392/office-rents-hong-kongs-central-could-fall-20pc-over-18
  4. Property - Hong Kong & China - PROPERTY

    Dark clouds over Hong Kong's property market as 'perfect storm' looms

    Posted Mar 10th 2014, 06:10am by Sandy Li, Peggy Sito

    ... Hong Kong's housing market faces being caught in the middle of a perfect storm, with government curbs having crimped demand at a time of increasing supply and an imminent interest rate ... crash." Lawrence said a 35 per cent correction over the next two years was more likely, with most of that driven by increased supply. Leung has pledged to supply 20,000 new flats a year- just ...

    http://www.scmp.com/property/hong-kong-china/article/1444716/dark-clouds-over-hong-kongs-property-market-perfect-storm
  5. Property - Comment - BRICKS & MORTAR

    Sharp drop in land prices unlikely for prime sites in Hong Kong

    Posted Apr 22nd 2014, 12:02am by Yvonne Liu

    ... for a residential site in the eastern New Territories over the past 10 years. These sales show land prices are falling, the result of higher construction costs and weakening market sentiment. Developers ... in Shau Kei Wan. The price is at the upper end of market expectations, even though the site is small. The different prices for the sites are because of the location. If the site is on Hong Kong ...

    http://www.scmp.com/property/article/1493927/sharp-drop-land-prices-unlikely-prime-sites-hong-kong
  6. Property - Hong Kong & China - RESIDENTIAL PROPERTY

    New home sales surge in Hong Kong

    Posted Apr 15th 2014, 02:13pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Discounts at new projects lure buyers Home sales in the secondary market in Hong Kong rose modestly, while the volume of transactions in new homes surged. ... the number sold the previous weekend. Cheung Kong has sold all 402 units in Trinity Towers over the past three weeks for HK$2.5 billion. Centaline Property Agency's Centa-City Leading Index rose ...

    http://www.scmp.com/property/hong-kong-china/article/1482838/new-home-sales-surge-hong-kong
  7. Property - Hong Kong & China - RETAILING

    Hong Kong property experts call for new tack to lure shoppers

    Posted Apr 07th 2014, 04:39am by Peggy Sito, Sandy Li

    ... in Hong Kong slowed over the past few years. New shopping centres were being built as part of casino developments in Macau catering to tourists, he said. "As shopping facilities improve, fast ... for new tack to lure shoppers Hong Kong is still a shopping paradise, especially to residents from the Pearl River Delta, but a strategic plan for the next 10 years is urgently needed given ...

    http://www.scmp.com/property/hong-kong-china/article/1466501/hong-kong-property-experts-call-new-tack-lure-shoppers
  8. Property - Hong Kong & China

    Hong Kong developers launch Easter projects as larger flat sales slow

    Posted Apr 19th 2014, 01:10am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Developers pin hopes on brisk HK Easter sales Hong Kong developers are aggressively pushing project launches on the four-day Easter break but sales momentum ... conditions and also provided a one-year bridging loan equivalent to up to 70 per cent of a flat's value. Cheong said there is no direct competition although both The Woodside and Mount One ...

    http://www.scmp.com/property/hong-kong-china/article/1487639/hong-kong-developers-launch-easter-projects-larger-flat
  9. Property - Hong Kong & China - FURNITURE

    Hong Kong-born Chi Wing Lo makes a name for himself in Italy as designer

    Posted Apr 16th 2014, 05:39am by Giovanna Dunmall

    ... Giovanna Dunmall property.post@scmp.com Hong Kong-born Chi Wing Lo and other luminaries from Asia wowed with collections showcasing tradition, technology and a can-do attitude Timelessness and dying arts inspire designs at Milan fair At this month's annual Milan furniture extravaganza, known as the Salone del Mobile, all roads seemed to lead to Chi Wing Lo. The Hong Kong ...

    http://www.scmp.com/property/hong-kong-china/article/1483019/hong-kong-born-chi-wing-lo-makes-name-himself-italy
  10. Business - Economy - ECONOMIC ZONES

    Hong Kong developers in delta blues

    Posted Mar 31st 2014, 05:27am by Peggy Sito

    ... in western Shenzhen since last year has yet to draw any interest from Hong Kong developers. Five sites were bought by mainland-backed developers when they were auctioned last year ... it was reserved for Hong Kong developers only, the sites were bought by Hong Kong-listed mainland developers who paid higher land prices. "This year, we are thinking about new ways, aimed ...

    http://www.scmp.com/business/economy/article/1461307/hong-kong-developers-delta-blues

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