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  • September 24, 2014
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  1. Business - China Business - PROPERTY

    Nanjing scraps home purchase curbs

    Posted Sep 22nd 2014, 12:03pm by Peggy Sito, Eric Ng, Yvonne Liu

    ... Peggy Sito, Eric Ng and Yvonne Liu Mainland city is the latest of many to roll back cooling measures, and plans to help first-time buyers get on housing ladder with loan support Nanjing scraps real estate curbs in bid to boost market Nanjing has become the latest mainland city to remove property curbs in a move to boost the struggling market, but the rights issue offering ...

    http://www.scmp.com/business/china-business/article/1597881/nanjing-scraps-home-purchase-curbs
  2. Business - Companies - PROPERTY

    Fantasia’s August sales up 119pc as Chinese cities ease curbs

    Posted Sep 04th 2014, 12:53pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Fantasia Holdings said it pulled in 1.04 billion yuan (HK$1.31 billion) in property sales last month, up 119 per cent from July as more Chinese cities have relaxed restrictions on home purchases since May. In a filing with the Hong Kong stock exchange on Thursday, it said the average selling price was 6,854 yuan per square metre, about 8 per cent ...

    http://www.scmp.com/business/companies/article/1585020/fantasias-august-sales-119pc-chinese-cities-ease-curbs
  3. 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

    ... including hotels worth 15 billion yuan. It also owns shops in residential projects in 95 mainland cities and some schools. "We need to activate these assets, using the power of capital," Wu said.   In C-Suite, Wu shares Country Garden’s love for the mainland's small cities ...

    http://www.scmp.com/property/hong-kong-china/article/1597497/country-gardens-new-finance-chief-aims-halve-developers
  4. Property - Hong Kong & China - PROPERTY

    Developers speed up flat launches as mainlanders return to Hong Kong's housing market

    Posted Sep 22nd 2014, 04:28am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Mainlanders return to city's housing market following slump due to increased stamp duties Developers speed up flat launches to lure home buyers ... patience waiting for a market correction. The expedited launch schedules also coincide with the gradual return of mainland buyers to the city's housing market after a sharp decline ...

    http://www.scmp.com/property/hong-kong-china/article/1597563/developers-press-ahead-flat-launches-lure-home-buyers
  5. Property - Hong Kong & China - PROPERTY

    Greenland dismisses China housing pessimism as 'overdone'

    Posted Sep 22nd 2014, 04:28am by Daniel Ren

    ... of opportunities in the mainland market, dismissing as overdone concerns following a report that home price falls spread to a record number of cities last month. Chen Jun, chairman and chief executive ... in the coming years. The developer's upbeat mood is in contrast to fears expressed for the industry after 68 of 70 big mainland cities witnessed home price falls in August. The government figures ...

    http://www.scmp.com/property/hong-kong-china/article/1597567/greenland-dismisses-china-housing-pessimism-overdone
  6. Property - Hong Kong & China - PROPERTY

    China's VAT reform to impact developers in cooling market

    Posted Sep 22nd 2014, 04:28am by Langi Chiang

    ... be required to pay out long before they reaped any benefits. The Beijing-based developer of Joy City malls, along with some of the mainland's biggest property firms including China Vanke ... or even higher for some projects. That, said Shen, would mean a lower tax burden for his company and heavier taxes for residential developers in first-tier cities. "The reform is positive ...

    http://www.scmp.com/property/hong-kong-china/article/1597684/chinas-vat-reform-impact-developers-cooling-market
  7. 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

    ... 10 key cities approved 3.18 million sq metres of new property space for sale last week, up 16 per cent from the previous week. New supply in Chengdu grew 167 per cent week on week to 926,600 ... of 7,600 yuan (HK$9,600) per square metre from 10,656 yuan, the National Business Daily reported. Developers are also cutting prices in other cities such as Beijing, Shanghai and Guangzhou. ...

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

    Buffalo and the fight over prime rural land in Hong Kong

    Posted Sep 12th 2014, 06:09am by Bloomberg

    ... Bloomberg Buffalo and the fight over prime rural land in HK To city dwellers worried about mice and rats, spare a thought for Hongkongers confronting half-tonne feral beasts. A few miles from some of the most densely populated neighbourhoods in the world, more than 1,000 cows and buffalo from abandoned farms roam the countryside. Development now is pushing them into harm's ...

    http://www.scmp.com/property/hong-kong-china/article/1590388/buffalo-and-fight-over-prime-rural-land-hong-kong
  9. 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

    ... Sandy Li sandy.li@scmp.com Other players may follow the shift in strategy if the developer wins nod to convert four luxury projects in New Territories into 4,000 tiny homes SHKP at forefront of push for small flats Sun Hung Kai Properties (SHKP) is likely to become the city's biggest supplier of small flats once its application to convert four luxury residential projects ...

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

    Easy money policies a boon for Hong Kong real estate sector

    Posted Sep 05th 2014, 02:41pm by Peggy Sito

    ... and commercial property in the city. "All of this puts upward pricing pressure on the market," said Raven. However, Dennis Fung, the head of Asia-Pacific forecasting at DTZ, reckons the rebound cannot be taken as an early signal of market revival. Activity was largely supported by Citi Group's HK$5.42 billion purchase of a large office building in Kowloon East. Over the past 18 ...

    http://www.scmp.com/property/hong-kong-china/article/1585831/easy-money-policies-boon-hk-real-estate-sector

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