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  • September 20, 2014
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  1. News - World - PROPERTY

    More wealthy Chinese likely to buy homes in United States, analysts say

    Posted Jul 11th 2014, 12:04am by BLOOM

    ... to the Juwai.com property search engine, California is the most popular US destination for Chinese buyers. They bought 32 per cent of homes sold to foreign buyers in the state, double the share sold ...

    http://www.scmp.com/news/world/article/1551334/more-wealthy-chinese-likely-buy-homes-united-states-analysts-say
  2. Property - Hong Kong & China - PROPERTY

    90 per cent of One South Lane first-batch units sold to investors

    Posted Sep 10th 2014, 02:44am by Sandy Li

    ... to 268 sq ft, at One South Lane after sales kicked off at 10am. The single block, due to be completed in April 2016, comprises 92 units. "About 80 to 90 per cent of buyers were investors. There were at least four buyers who bought two units," said Sammy Po, the chief executive of Midland Realty's residential department. Po said the units could rent for HK$80 per square foot ...

    http://www.scmp.com/property/hong-kong-china/article/1588903/90-cent-one-south-lane-first-batch-units-sold-investors
  3. Property - Hong Kong & China - PROPERTY

    Government's affordable home drive protects mainland China jobs

    Posted Sep 15th 2014, 04:43am by Langi Chiang

    ... measures, up from 7.4 per cent- an 18-month low- in the first quarter. Tian Shuchen, vice-president and senior engineer of China State Construction International, told the South China Morning Post ... this year, as authorities aim to get 4.8 million affordable homes ready for delivery in 2014 and break ground for seven million new units. In the first seven months, 84 per cent of the first target ...

    http://www.scmp.com/property/hong-kong-china/article/1592734/governments-affordable-home-drive-protects-mainland-china
  4. Property - Hong Kong & China - PROPERTY

    Sun Hung Kai Properties at forefront of push for tiny Hong Kong homes

    Posted Sep 08th 2014, 04:03am by Sandy Li

    ... Wakefield. Government policy to release more land designated for small flats to meet the target of supplying 20,000 private units per year would also encourage developers, he said. "The increase ... projects into mass housing. It wants to reduce unit sizes from the original 2,000 sqft each to small flats, including studio units as small as 200 sqft. The four projects are in Sheung Shui, Tai ...

    http://www.scmp.com/property/hong-kong-china/article/1587374/sun-hung-kai-properties-forefront-push-small-flats-hong
  5. Property - Hong Kong & China - PROPERTY

    Sales of new homes in Hong Kong may hit seven-year high of 16,000

    Posted Sep 12th 2014, 06:09am by Sandy Li

    ... projects as early as 30 months before completion, up from the previous 24 months. By last month, applications for 9,424 units were awaiting pre-sale consent from the Lands Department. Midland said 64 per cent, or 6,000 units, would not be completed in less than 20 months. Sun Hung Kai Properties, Chinese Estates and Henderson Land Development have released projects well before expected ...

    http://www.scmp.com/property/hong-kong-china/article/1590404/sales-new-homes-hong-kong-may-hit-seven-year-high-16000
  6. Business - China Business - PROPERTY

    Socam Development leads with 30pc price cuts to woo homebuyers in Chengdu

    Posted Sep 12th 2014, 10:32am by Langi Chiang

    ... in the first seven days of this month from a month earlier to 801 units. "Only price discounts of at least 10 per cent will possibly fetch satisfactory sales performance," said Lu Qilin, ... conditions". She said the latest sales performance of the bare-shell residential units in Towers 7 and 11 of the Chengdu project, with selling prices ranging from 7,000 to 10,000 yuan per square metre, ...

    http://www.scmp.com/business/china-business/article/1590726/shui-land-leads-30pc-price-cuts-woo-homebuyers-chengdu
  7. Property - Hong Kong & China - PROPERTY

    Drop in mainland China home prices causing alarm

    Posted Sep 01st 2014, 04:10am by DANIEL REN; LANGI CHIANG

    ... that high deposits for mortgage loans, of 30 per cent for first homes and 60 to 70 per cent for second homes, will ward off a disaster similar to the subprime crisis in the United States. Banks have ...

    http://www.scmp.com/property/hong-kong-china/article/1582415/drop-mainland-china-home-prices-causing-alarm
  8. Business - China Business - PROPERTY

    Minsheng fund goes all out in bid for pricey Shanghai site

    Posted Sep 08th 2014, 03:36pm by Daniel Ren

    ... with ambitions of breaking up the monopoly of the state-owned juggernauts. The launch of the private investment fund was under the directive of Premier Li Keqiang who hopes to introduce new competitors ... monopolies. "As the state firms' monopolies are removed to make way for the private corporate giants, the struggling millions of small businesses will not benefit," said Ray Lu, ...

    http://www.scmp.com/business/china-business/article/1587839/minsheng-fund-goes-all-out-bid-pricey-shanghai-site
  9. Property - Hong Kong & China - PROPERTY

    Demand for small flats drives Hong Kong market to new high

    Posted Sep 05th 2014, 02:46pm by Sandy Li, Yvonne Liu

    ... flats was also strong. A 35-year-old, 311 sq ft fully furnished unit in Lockhart House, close to Causeway Bay MTR station, is being offered at HK$15,800 a month, or HK$50.80 per sq ft. ... units as they are targeting young professionals," said an agent at Fook Tin Property Agency. The Centa-City leading index showed that property prices on Hong Kong Island and in New ...

    http://www.scmp.com/property/hong-kong-china/article/1585833/hong-kong-property-rent-prices-hit-record-july
  10. Property - Hong Kong & China - PROPERTY

    Country Garden founding family agree to buy new shares

    Posted Sep 06th 2014, 04:55am by Langi Chiang

    ... joined in April, coming from China Overseas Land & Investment, a Hong Kong-listed state-owned mainland developer that enjoys the industry's lowest funding cost of 4 per cent. He aims ...

    http://www.scmp.com/property/hong-kong-china/article/1586241/country-garden-founding-family-agree-buy-new-shares

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