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  • August 22, 2014
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  1. Business - Companies

    2 Wanda units in Hong Kong team up to invest in Australian property

    Posted Aug 12th 2014, 10:03am by Jasper Moiseiwitsch

    ... Jasper Moiseiwitsch jasper.moiseiwitsch@scmp.com Wanda Commercial Properties (Group) is taking part in a joint venture in Australia valued as much as HK$7.5 billion with its parent firm. The Hong Kong-listed developer said in a stock exchange announcement ...

    http://www.scmp.com/business/companies/article/1571903/2-wanda-units-hong-kong-team-invest-australian-property
  2. Property - Hong Kong & China

    Mainland developers set for price cuts to boost cash flow

    Posted Aug 19th 2014, 01:27am by Langi Chiang

    ... market sentiment," Yu told reporters yesterday. "But don't expect the market to recover immediately." Data from the National Bureau of Statistics yesterday showed prices ... other analysts said. The Shenzhen-listed Homyear launched a project in the city on Saturday that is priced below 20,000 yuan (HK$25,200) per square metre for some three-bedroom units. Its ...

    http://www.scmp.com/property/hong-kong-china/article/1576300/mainland-developers-set-price-cuts-boost-cash-flow
  3. Property - Hong Kong & China - SALES

    Upbeat luxury market sentiment spurs launch of more projects

    Posted Aug 20th 2014, 05:21am by Peggy Sito

    ... released brochures last week as they prepared to launch projects. Swire Properties released its 127-unit Arezzo at 33 Seymour Road in Mid-Levels, Henderson Land Development released sales brochures for its 110-unit High One Grand in Cheung Sha Wan, and Hang Lung Properties relaunched the HarbourSide in West Kowloon, where an estimated 276 units remain unsold. "Sentiment has improved ...

    http://www.scmp.com/property/hong-kong-china/article/1577045/upbeat-luxury-market-sentiment-spurs-launch-more-projects
  4. Property - International - SINGAPORE

    Singapore July home sales steady as curbs damp demand

    Posted Aug 20th 2014, 05:21am by BLOOM

    ... a slew of property measures. Developers sold 484 units compared with 482 in June, according to data released on Monday by the Urban Redevelopment Authority. Sales dropped 68 per cent in June from ... director at SLP International Property Consultants. Among developers that began offering projects was Bayfront Ventures, which sold 89 of 150 units at its City Gate project near the city centre, ...

    http://www.scmp.com/property/international/article/1577028/singapore-july-home-sales-steady-curbs-damp-demand
  5. Property - International - CANADA

    Low mortgage rates fuel rise in home sales in Canada

    Posted Aug 20th 2014, 05:21am by Reuters

    ... 5.4 per cent gain. The national average price for homes sold last month, not seasonally adjusted, was C$401,585 (HK$2.9 million), up 5 per cent from last year. "Low mortgage interest ... next year, mortgage financing will remain attractive over the second half of 2014." The national sales-to-new-listings ratio was 53.6 per cent last month, little changed from 53.4 per cent ...

    http://www.scmp.com/property/international/article/1577027/low-mortgage-rates-fuel-rise-home-sales-canada
  6. Property - International - CONCRETE ANALYSIS

    Chinese buyers flocking to westernmost US state

    Posted Aug 12th 2014, 12:08pm by Patrick W. ONeill

    ... Patrick O'Neill property.post@scmp.com Islands' multiethnic culture bridges the relationship between the US and Asia Chinese buyers flock to Hawaii's affluent shores United ... and influenced the relationship between the United States and Asia for centuries and continues to be a popular destination for education, medical care, finance and property investment. Recent additions ...

    http://www.scmp.com/property/international/article/1571333/chinese-buyers-flocking-westernmost-us-state
  7. Property - Hong Kong & China - EARNINGS

    Kerry expects to hit sales target despite 56pc profit plunge in first half

    Posted Aug 21st 2014, 01:48pm by Sandy Li

    ... months," said Louis Wong, the company's chief financial officer. On Wednesday, Kerry pulled in HK$900 million from the sale of 16 units at its luxury residential project, Three Ede Road, ...

    http://www.scmp.com/property/hong-kong-china/article/1578398/logistics-spin-trims-kerry-properties-first-half-profit
  8. Property - International - BRITAIN

    London homes face biggest price drop in 6 years

    Posted Aug 20th 2014, 05:21am by BLOOM

    ... £552,783 (HK$7.15 million), the biggest drop since December 2007, property website Rightmove said on Monday. Nationally, prices declined 2.9 per cent, a record for an August. While property demand ... property prices more in the higher-priced boroughs." Nationally, the annual pace of growth in prices slowed to 5.3 per cent from 6.5 per cent in July. The average asking price was £262,401. ...

    http://www.scmp.com/property/international/article/1577026/london-homes-face-biggest-price-drop-6-years
  9. Property - Hong Kong & China - RETAILING

    Hysan Development ready to seize opportunities in luxury market

    Posted Aug 20th 2014, 05:21am by Yvonne Liu

    ... pessimistic". "Retail sales are largely dependent on economic growth and the wealth effect of the property market. The improvement in the United States and the mainland Chinese economies will have ...

    http://www.scmp.com/property/hong-kong-china/article/1577043/hysan-development-ready-seize-opportunities-luxury-market
  10. Property - Hong Kong & China - HOUSING

    Tai Po apartment project sells 400 Mont Vert units in first day despite 'no viewing' rule

    Posted Jul 27th 2014, 05:26am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Majority of flats at Mont Vert sold on first day Despite controversy over its "no viewing" stipulation for prospective buyers, 400 of the 492 apartments available at Mont Vert in Tai Po were bought on the first ...

    http://www.scmp.com/property/hong-kong-china/article/1560101/tai-po-apartment-project-sells-400-492-mont-vert-units

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