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  • October 2, 2014
  • Last updated: 3:13pm
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  1. 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

    ... and China Banking Regulatory Commission yesterday announced a major loosening of the mortgage rules for the mainland property market, which is expected to give a boost to the sluggish sector. ... Yesterday's announcement redefined first-time buyers and lowered the preferential mortgage rate for them. Those who have fully repaid an outstanding mortgage loan will now be considered first-time ...

    http://www.scmp.com/property/hong-kong-china/article/1604970/looser-mortgage-rules-seen-boosting-chinas-sluggish
  2. Property - International - SINGAPORE

    Singapore home prices fall as cooling measures hit property market

    Posted Oct 02nd 2014, 05:12am by Bloomberg

    ... according to preliminary data released by the Urban Redevelopment Authority (URA) yesterday. The fall matched the losing streak ending in June 2009, the data showed. The government's five-year ...

    http://www.scmp.com/property/international/article/1607194/singapore-home-prices-fall-cooling-measures-hit-property
  3. Property - Hong Kong & China - PROPERTY

    Fanling residential site attracts 23 bidders as demand remains strong

    Posted Sep 27th 2014, 05:34am by Yvonne Liu

    ... residential site in Fanling attracted 23 bidders yesterday although the site is far from the city centre, with surveyors estimating it could be worth between HK$525 million and HK$693 million, ... sites in Lei Yue Mun and Tuen Mun were put up for tender yesterday. The tender for the Lei Yue Mun site will close on November 21, while the deadline for the Tuen Mun site is November 7. ...

    http://www.scmp.com/property/hong-kong-china/article/1601288/fanling-residential-site-attracts-23-bidders-demand-remains
  4. Business - China Business - PROPERTY

    Nanjing scraps home purchase curbs

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

    ... developers to raise funds in the financial market. Separately, Agile Property Holdings yesterday announced it plans to raise about HK$2.79 billion in a rights issue to bolster its financial position ... held, the company said in a filing to the Hong Kong stock exchange yesterday. The price represents a 31 per cent discount to the closing price of HK$5.81 on Friday. Its shares plunged 7.23 per ...

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

    New World cautious with new target despite record sales

    Posted Sep 24th 2014, 03:30pm by Yvonne Liu

    ... more than double the sales target of HK$10 billion. "The property sales were faster than our expectations," New World chairman Henry Cheng Kar-shun said yesterday. "Our sales ... cut the prices of new homes and this could offset the impact. We would cut the price if it is the only way to lure buyers." The developer yesterday said underlying profit, excluding ...

    http://www.scmp.com/business/companies/article/1599515/new-world-developments-net-plunges
  6. Property - Hong Kong & China - PROPERTY

    Strong luxury sales at Swire's Arezzo may signal wider property upturn

    Posted Sep 24th 2014, 03:40am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Strong luxury sales may signal wider upturn Strong sales at a Swire Properties' luxury residential project in Mid-Levels West yesterday provided further evidence of a revival in investor interest in big-ticket purchases, agents said. Swire said last night all 50 units had been sold, resulting in sales revenue of HK$1.23 billion. Louis Chan ...

    http://www.scmp.com/property/hong-kong-china/article/1599037/strong-luxury-sales-swires-arezzo-may-signal-wider-property
  7. Property - International - CANADA

    No major changes for housing finance

    Posted Sep 24th 2014, 06:07am by Bloomberg

    ... governor Stephen Poloz said yesterday that while housing remains a "vulnerability" for Canada, "we don't see the housing market as particularly hazardous and we certainly ...

    http://www.scmp.com/property/international/article/1598814/no-major-changes-housing-finance
  8. Property - Hong Kong & China - HOUSING

    Xiamen only city in mainland China to report growth in housing prices

    Posted Sep 18th 2014, 02:45pm by Yvonne Liu

    ... flat. Disappointing sales of new projects this month pressured the shares of mainland developers yesterday. KWG Property Holdings dropped 4.47 per cent to close at HK$5.56, the steepest fall ...

    http://www.scmp.com/property/hong-kong-china/article/1595357/xiamen-only-city-mainland-china-report-growth-housing
  9. Property - Hong Kong & China - TENDER

    MTR Corp's Tai Wai tender sweetened with cut in land tax

    Posted Sep 17th 2014, 05:52am by Sandy Li, Yvonne Liu

    ... Sandy Li and Yvonne Liu MTR's Tai Wai tender sweetened with land tax cut MTR Corp yesterday released the tender terms for the Tai Wai Station residential project as the land premium was cut to a level 18 per cent lower than two years ago in a bid to woo developers. Under the revised terms, sources said the Land Department cut the land tax to HK$10.36 billion, or HK$3,832 per ...

    http://www.scmp.com/property/hong-kong-china/article/1594185/mtr-corps-tai-wai-tender-sweetened-cut-land-tax
  10. Property - Hong Kong & China - PROPERTY

    Developers keen as MTR's Tai Wai residential project up for tender

    Posted Sep 16th 2014, 03:15am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Improved market sentiment boosts interest in prime location, with 23 developers responding Developers keen as MTR's Tai Wai site back in play MTR Corp's Tai Wai Station residential project yesterday received an overwhelming response, with 23 developers expressing interest in the property, compared to the 15 expressions of interest when ...

    http://www.scmp.com/property/hong-kong-china/article/1593409/developers-keen-mtrs-tai-wai-residential-project-tender

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