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  • October 26, 2014
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  1. Business - Economy - PROPERTY

    Shanghai named world's leading city for shopping centre construction

    Posted Oct 20th 2014, 01:58pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Shanghai market robust with rising rents and vacancy rates while second-tier cities such as Shenyang and Wuxi face oversupply risk China leads in new shopping centres Eight of the 10 busiest cities for shopping centre construction around the world are in China, according to property firm CBRE, which warns that Shenyang and Wuxi are at high risk ...

  2. Property - Hong Kong & China - PROPERTY

    Official forecast of 74,000 new homes in Hong Kong hailed as a record

    Posted Oct 24th 2014, 01:59pm by Sandy Li

    ... Realty. The bullish supply projections come hot on the heels of home prices in the city's secondary market hitting a record high on October 17, when the Centa-City Leading Index rose 1.71 per ...

  3. Property - Hong Kong & China - PROPERTY

    Pace of home price falls ease in China as market shows signs of stabilising

    Posted Oct 24th 2014, 11:00am by Langi Chiang, Daniel Ren

    ... an easing of policy. The month-on-month drop in average new home price across 70 cities monitored by the National Bureau of Statistics slowed by 0.2 percentage point, senior statistician Liu Jianwei said, without giving specific data for the two months. It was the fifth consecutive month of falling prices, with the downward trend spreading to 69 cities from August's 68. Only Xiamen, ...

  4. Business - Economy - PROPERTY

    Home sales in China soar after policy relaxation

    Posted Oct 21st 2014, 11:12am by Langi Chiang

    ... in the four first-tier cities showed a strong recovery, led by a 57.5 per cent week-on-week rise in Shenzhen, data from E-House (China) showed. Data from China Index Academy, run by the country’s ... “Most cities posted rising sales,” the academy said. “Some cities are seeing a continued drop in their housing inventories.” China’s property market, a key driver of the broad economy, started ...

  5. Property - Hong Kong & China - PROPERTY

    Looser mortgage rules seen boosting China's sluggish property market

    Posted Oct 01st 2014, 04:23am by Toh Han Shih, VICTORIA RUAN AND PEGGY SITO

    ... Toh Han Shih, Victoria Ruan and Peggy Sito First-time buyers redefined as those who have paid off mortgage loans Looser mortgage rules set to boost demand The People's Bank of China ... credit, including restricted mortgage lending. Sixty-eight of the 70 cities monitored by the National Bureau of Statistics recorded falls in property prices last month, the highest number since ...

  6. Business - Economy - PROPERTY

    China property sales rise 41.5 per cent month-on-month in September

    Posted Oct 21st 2014, 12:03pm by Langi Chiang

    ... of the broader economy, is expected to continue until at least the first half of next year. The authorities' next policy move- after lifting home purchase restrictions in some cities and encouraging ... controls in first-tier cities such as Beijing and Shanghai. Jeffrey Gao, a property analyst at Nomura, cited last month's 41.5 per cent month-on-month rise in property sales- the highest ...

  7. Business - Companies - PROPERTY

    MTR seeks expressions of interest for phase five of Lohas Park project

    Posted Oct 21st 2014, 12:16pm by Peggy Sito

    ... four development in April as the property market had been improving. Home prices in the secondary market in Hong Kong hit a record high on Friday, with the latest Centa-City Leading Index ...

  8. Property - Hong Kong & China - PROPERTY

    Developers squeeze out tiny flats as home prices soar

    Posted Oct 20th 2014, 04:56am by Sandy Li

    ... Kong, the world's costliest city to buy property. "I used to live alone in an 80 sq metre (860 sq ft) unit in Beijing," Kuang said. "I was shocked when my budget was only ... tightening and an increase in supply- to curb investment demand, particularly from cashed-up mainland buyers. Early this month, Cheung Kong (Holdings) unveiled the city's tiniest new flat, just ...

  9. Business - Money - PROPERTY

    Chinese developers' Hong Kong back-door listing units fall out of favour

    Posted Oct 20th 2014, 04:56am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Mainland developers' plans to float themselves in the city dim hopes for massive asset injections HK back-door listing units fall out of investor favour Once stock market darlings, Hong Kong firms used as back-door listing vehicles by the mainland's property developers have lost their charm for investors, with most of the counters plunging ...

  10. Property - Hong Kong & China - PROPERTY

    Growth model for Chinese developers 'is broken', BlackRock says

    Posted Oct 15th 2014, 05:15am by DON WEINLAND

    ... according to a report issued yesterday by Moody's Analytics. Forty-one of the 46 cities that introduced home purchase restrictions have relaxed them, while the central government said on Monday ... cities. The amount of residential floor space sold in August declined 10 per cent year on year and new housing starts were down by 14 per cent, according to Moody's. Land sales revenue in 300 ...




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