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  1. News - China - PROPERTY

    Beijing vows to establish nationwide property registry by 2020

    Posted Mar 18th 2014, 04:59am by Zhang Hong

    ... Zhang Hong hong.zhang@scmp.com Database is seen as way to ensure development is stable and to keep track of corrupt officials 6 years to set up property registry across country ... market regulation. Without a complete database, the central government's policies might miss [the expected] targets," said Li. For example, only when such a system exists could ...

    http://www.scmp.com/news/china/article/1451111/beijing-vows-establish-nationwide-property-registry-2020
  2. Property - Hong Kong & China - PROPERTY

    China's 'land kings' under threat as tightening measures bite

    Posted Mar 08th 2014, 01:40am by Reuters

    ... such as Beijing and Shanghai soared 135 per cent in the third quarter from a year earlier, property sale prices inched up just 15 per cent, according to BNP Paribas. When there’re a lot of people after a piece of land, we’d rather miss the land TAN HUAJIE, CHINA VANKE The already high costs and the prospect of slowing sales mean the days of records being set at land auctions are coming ...

    http://www.scmp.com/property/hong-kong-china/article/1443166/chinas-land-kings-under-threat-tightening-measures-bite
  3. Property - Hong Kong & China - PROPERTY

    Global luxury brands slow store expansion on mainland China

    Posted Feb 10th 2014, 04:37am by Peggy Sito

    ... last month, 65 per cent of the international luxury brands they monitored missed their targets for store openings last year. Gucci, which had planned to open 10 stores, did not open any. Prada ... openings in the key market. The caution comes amid flat sales growth. Property analysts say the pace of store openings will continue to slow this year, despite the priority given to mainland ...

    http://www.scmp.com/property/hong-kong-china/article/1424883/global-luxury-brands-slow-store-expansion-mainland-china
  4. Business - Banking & Finance - PROPERTY

    Tight availability of funds drives Chinese developers abroad to raise cash

    Posted Feb 04th 2014, 11:37am by Langi Chiang, Ray Chan

    ... monetary tightening, industry players and analysts said. This was despite signs of a reopening of the mainland stock markets to developers after a four-year suspension, they said. Driven by concern ... yuan (HK$64 billion) offshore in the first month of the year. "You don't know when the window will close," said Simon Fung, the chief financial officer of Greentown China. ...

    http://www.scmp.com/business/banking-finance/article/1420542/tight-availability-funds-drives-chinese-developers-abroad
  5. Property - Hong Kong & China - PROPERTY

    Tie-ups offer edge for cross-border growth

    Posted Dec 04th 2013, 05:33am by Langi Chiang

    ... successful. Companies from the city had often missed the best timing to snap up land parcels during short-lived market downturns in recent years, Bian said. Wharf bought into Greentown last year ... among the first big players in the mainland real estate market. However, they have lagged far behind their mainland peers in recent years, as they struggled to cope with the constantly changing ...

    http://www.scmp.com/property/hong-kong-china/article/1372190/tie-ups-offer-edge-cross-border-growth
  6. News - China - PROPERTY

    The uncomfortable truth in China’s property market

    Posted Nov 06th 2013, 05:17pm by Reuters

    ... Reuters in Beijing In defying four years of official cooling efforts, China’s soaring house prices reveal an uncomfortable truth: government is one of the biggest obstacles to the success ... at their fastest pace in three years. “The starting point of local governments is to keep land prices relatively high,” said Zou Xiaoyun, deputy chief engineer at China Land Surveying and Planning ...

    http://www.scmp.com/news/china/article/1349022/uncomfortable-truth-chinas-property-market
  7. Property - Hong Kong & China - PROPERTY

    Speculators pile into free-trade zone

    Posted Oct 28th 2013, 04:17am by Daniel Ren

    ... Waigaoqiao Speculators pile into free-trade zone For would-be property buyers in Shanghai, the development of its free-trade zone presents a tantalising opportunity. Just last year, Waigaoqiao- ... 20 per cent in the past few months as people envisioned a bustling investment magnet taking shape in the next three to five years. Among them is Chen Shunrong, a middle-aged office worker. ...

    http://www.scmp.com/property/hong-kong-china/article/1341449/speculators-pile-free-trade-zone
  8. Business - Money - PROPERTY

    Long-time Lamma residents feel pinch of rising rents

    Posted Apr 22nd 2013, 12:00am by TIFFANY AP

    ... scouting around at the property agencies, she was shocked by the prices. "I found a place in a village I used to live in and less than two years ago, rent for a 700 sq ft apartment ... for eight years and was running a kebab store off the main street of Yung Shue Wan, Lamma's main community. The rent for his 700 sq ft place rose from HK$4,000 to HK$12,000 over six years ...

    http://www.scmp.com/business/money/article/1219967/long-time-lamma-residents-feel-pinch-rising-rents
  9. Business - Economy - PROPERTY

    Call for last orders after 45 years

    Posted Nov 28th 2012, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Cafe owner will shut the doors of his food shop after Shau Kei Wan's rents catch up with him Call for last orders after 45 years The 45-year-old Kam ... with my old customers. Although I am going to miss this cafe, I have accepted the reality already," Chan said. He adds that many old clients who moved out of Shau Kei Wan had visited the cafe ...

    http://www.scmp.com/business/economy/article/1092541/call-last-orders-after-45-years
  10. News - China - PROPERTY

    Wenzhou's May Zheng eyes Hong Kong despite high stamp duty

    Posted Dec 23rd 2012, 12:00am by Paggie Leung

    ... is a rarity among Wenzhou citizens. The 25-year-old is still considering buying a flat in Hong Kong despite seeing the property market in her hometown collapse. "Since we are homeowners already, ... million) for a 200-square metre, or 2,153 sq ft, new home in Wenzhou this year after marrying. Their parents are flat owners too, so their families are not eligible to buy another residential ...

    http://www.scmp.com/news/china/article/1111004/wenzhous-may-zheng-eyes-hong-kong-despite-high-stamp-duty

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