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  • April 16, 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 - PROPERTY

    Mainland Chinese tourist boom sparking hotel conversions in Hong Kong's residential areas

    Posted Mar 17th 2014, 12:51am by Yvonne Liu

    ... The influx of mainland tourists has made the landlords of small shopping centres in non-core parts of Hong Kong dreaming of bigger profits by converting them into hotels. Previously, developers ... The Hong Kong Tourism Board says overnight visitor arrivals grew 8 per cent to 25.66 million last year, with those from the mainland jumping 13 per cent to 17.09 million. "Hong Kong ...

    http://www.scmp.com/property/hong-kong-china/article/1450166/mainland-chinese-tourist-boom-fuels-hotel-rush-hong-kong
  3. 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 ... in property sales through selling other assets and rental income." Leung's view was echoed by Li Ka-shing, the head of Cheung Kong (Holdings), the city's biggest developer by market ...

    http://www.scmp.com/property/hong-kong-china/article/1444716/dark-clouds-over-hong-kongs-property-market-perfect-storm
  4. Property - Hong Kong & China - PROPERTY

    Hong Kong developers' profit margins squeezed

    Posted Mar 07th 2014, 01:12am by Sandy Li

    ... development in Yuen Long, but only after it slashed prices by as much as 45 per cent compared with the first units sold a year ago. Wong said the pressure on Hong Kong developers- spoiled by regular ... their land reserves, which Wong said could keep land prices elevated. "We will see more mainland developers participating in Hong Kong land sales," she said. Last week, a unit ...

    http://www.scmp.com/property/hong-kong-china/article/1442222/hong-kong-developers-profit-margins-squeezed
  5. Property - Hong Kong & China - PROPERTY

    Project sell-out primes Cheung Kong for next batch

    Posted Mar 31st 2014, 05:21am by Peggy Sito

    ... sell-out primes Cheung Kong for next batch Cheung Kong says it will announce details of the second-batch sale of its 93 units at Trinity Towers development in Sham Shui Po in the coming days, after the developer sold out the first 216 units within four hours on the first day of sale on Saturday. Justin Chiu Kwok-hung, executive director of Cheung Kong, said the additional units were on different ...

    http://www.scmp.com/property/hong-kong-china/article/1461179/project-sell-out-primes-cheung-kong-next-batch
  6. Property - Hong Kong & China - PROPERTY

    Centaline claims bigger slice of Hong Kong flat market

    Posted Feb 24th 2014, 04:32am by Sandy Li

    ... slice of home market The trench warfare between Hong Kong's two biggest property agencies remains as fierce as ever, but market leader Centaline Property Agency claims it is gaining ever ... Shih said Centaline's Hong Kong operation recorded a profit of HK$280 million last year- although just half the HK$560 million it earned in 2012. People in the industry say Centaline ...

    http://www.scmp.com/property/hong-kong-china/article/1433809/centaline-claims-bigger-slice-hong-kong-flat-market
  7. Property - Hong Kong & China - PROPERTY

    Home price declines hit development site values

    Posted Apr 14th 2014, 05:17am by Sandy Li

    ... in new home prices has accelerated the pace of decline in land values, with development sites increasingly being sold for close to or below construction cost, a rare phenomenon in Hong Kong. "For years in Hong Kong, it's been exceedingly rare to see sites changing hands for less than construction cost," said Alfred Lau, a property analyst at Bocom International. He said ...

    http://www.scmp.com/property/hong-kong-china/article/1481200/home-price-declines-hit-development-site-values
  8. Property - Hong Kong & China - PROPERTY

    Diversifying China Vanke eyes SOE and logistics assets

    Posted Apr 10th 2014, 01:01am by Langi Chiang

    ... to improve the economy and has taken a few key steps, including the injection of assets of conglomerate Citic into its Hong Kong-listed unit. "China is encouraging SOEs to sell their businesses ... overseas expansion- so far involving four projects, in the United States, Singapore and Hong Kong- was generating ideas for its mainland business, including logistics facilities, at a time when ...

    http://www.scmp.com/property/hong-kong-china/article/1472154/diversifying-china-vanke-eyes-soe-and-logistics-assets
  9. Property - Hong Kong & China - PROPERTY

    'Worst is over' for Hong Kong real estate, says Cheung Kong executive

    Posted Jan 06th 2014, 12:28am by Peggy Sito

    ... is over' for HK real estate, says chiu The worst is over for Hong Kong's housing market, says Cheung Kong executive director Justin Chiu Kwok-hung, who has a blunt assessment of pundits ... less than for units at a nearby Henderson Land project, The Hemispheres, released in November, without factoring in extra discounts. Cheung Kong, the largest property developer in Hong Kong ...

    http://www.scmp.com/property/hong-kong-china/article/1398559/worst-over-hong-kong-real-estate-says-chiu
  10. Property - Hong Kong & China - PROPERTY

    Five-year feud at family-owned Hong Kong developer appears to be at an end

    Posted Jan 29th 2014, 05:03am by Peggy Sito, Sandy Li

    ... control the HK$256 billion SHKP empire, Hong Kong's second-biggest property developer by market capitalisation. Kwong, who controls the conglomerate, revealed that "Walter Kwok and his ...

    http://www.scmp.com/property/hong-kong-china/article/1416097/five-year-feud-family-owned-hong-kong-developer-appears-be

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