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  • April 20, 2014
  • Last updated: 8:22am
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  1. Property - Hong Kong & China

    Hong Kong developers launch Easter projects as larger flat sales slow

    Posted Apr 19th 2014, 01:10am by Sandy Li

    ... Development was the first developer to kick off holiday sales, offering yesterday the second batch of 60 units at the 98-unit The Woodside in Hung Shui Kiu, Yuen Long. The sale started at 11am, ... said Kelvin Cheong, sales director for the northwest New Territories at Midland Realty, adding most of the buyers yesterday were end-users who live in Yuen Long. The 60 units, with sizes ...

  2. Property - Hong Kong & China

    Chinese wait for price cuts as property slowdown accelerates

    Posted Apr 18th 2014, 09:58am by Langi Chiang and Celine Sun

    ... of the real estate bubble bursting and taking down with it the rest of the economy. The 70-city home price data released yesterday by the National Bureau of Statistics gave more evidence ...

  3. Property - Hong Kong & China

    China may soon loosen property cooling measures, Citigroup says

    Posted Apr 18th 2014, 01:18am by BLOOM

    ... at the local government level." The National Bureau of Statistics said yesterday that growth in gross domestic product slowed to 7.4 per cent in the first quarter from 7.7 per cent in the previous ...

  4. Property - Hong Kong & China

    China land price inflation slows

    Posted Apr 16th 2014, 01:21am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Mainland land price inflation slows The rate of land price inflation on the mainland eased in the first quarter of this year for the first time in two years, official data showed yesterday, in another sign that the frothy real estate market is cooling off amid tight credit conditions. Data from the Ministry of Land and Resources showed land ...

  5. Property - Hong Kong & China - REAL ESTATE

    Investment slows on mainland as property cools

    Posted Apr 17th 2014, 01:11am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Housing policy relaxation could come soon as China suffers from slowing investment growth Investment slows on mainland as property cools A cooling real estate market weighed down fixed-asset investment growth on the mainland to the slowest pace in over a decade, official data showed yesterday, boding ill for the world's second-largest ...

  6. Property - Hong Kong & China - FINANCING

    Developers offer buyers financing to get around banks’ loan-to-value curbs

    Posted Apr 15th 2014, 03:22pm by Sandy Li

    ... on Tuesday last week. All 44 units in the first batch were sold yesterday. SHKP also provides a second mortgage of up to 25 per cent to buyers of flats at Mount One selling for more than HK$7 ...

  7. Property - Hong Kong & China

    Midland chairman spends HK$330m to raise his stake to 28pc

    Posted Apr 12th 2014, 12:59am by Sandy Li

    ... jumped to a 13-month high yesterday after chairman Freddie Wong Kin-yip announced he bought shares worth HK$330 million to raise his stake to 28.25 per cent in the company. The stock at one point rose to as high as HK$4.38 before closing the day at HK$3.97, up 3.11 per cent. The Hang Seng Index dropped 0.79 per cent to 23,003.64 points yesterday. Wong informed the company that he ...

  8. Property - Hong Kong & China - DISPOSALS

    PCPD sells Beijing complex to Gaw Capital for US$928m

    Posted Apr 09th 2014, 01:41am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com PCPD sells Beijing complex to Gaw for US$928m Pacific Century Premium Developments, the real estate arm of PCCW, yesterday said it was selling a core Beijing ... of a sale have helped push the share price of PCPD up. The stock has from HK$2.76 at the beginning of the year to HK$6.66 yesterday. ...

  9. Property - Hong Kong & China

    Investors cash out of PCPD after sale of Beijing property

    Posted Apr 10th 2014, 01:01am by PEGGY SITO

    ... Peggy Sito peggy.sito@scmp.com Investors quit PCPD after sale in Beijing Shares of Pacific Century Premium Developments plunged 21.5 per cent yesterday on news the company is selling its core holding of Pacific Century Place in Beijing to a private equity fund for US$928 million. PCPD is the property arm of PCCW, which is controlled by Richard Li Tzar-kai. The stock dropped ...

  10. Property - Hong Kong & China - REAL ESTATE

    Midland chief Freddie Wong Kin-yip keeps mum on raising stake further

    Posted Apr 08th 2014, 01:09am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Midland chief keeps mum about raising his stake The chairman of beleaguered real-estate broker Midland, Freddie Wong Kin-yip, was tight-lipped yesterday about ... has spent nearly HK$80 million since January to raise his stake to 18.01 per cent, from 15.35 per cent. "Midland is my baby," he told a press briefing in Hong Kong yesterday ...




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