China could increase required downpayments and loan rates for buyers of second homes in cities where prices are rising too quickly, the State Council said on Friday in the central government’s...
- Sun
- Mar 3, 2013
- Updated: 8:35pm
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Twenty-three of the 28 residential sites added to this year's land-sale list will not be ready for sale until next year, raising concerns that the government is running out of stock for immediate...
The fall in sales for the full year would be unavoidable, said Victor Lui Ting, a deputy managing director of SHKP, because of the measures imposed by the government to rein in property price...
The property market has been among the key topics at the annual meetings since 2010, after mainland property prices started to rise rapidly in 2009, surging by more than 20 per cent that year.
New World Development generated HK$9.2 billion from contracted sales in the previous financial year. The company planned to generate between HK$11 billion and HK$12 billion from contracted sales....
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Hong Kong & China
The State Council on Friday released guidelines instructing local governments to strictly follow policies introduced to cool the mainland's housing market.
China could increase required downpayments and loan rates for buyers of second homes in cities where prices are rising too quickly, the State Council said on Friday in the central government’s...
The property market has been among the key topics at the annual meetings since 2010, after mainland property prices started to rise rapidly in 2009, surging by more than 20 per cent that year.
New World Development generated HK$9.2 billion from contracted sales in the previous financial year. The company planned to generate between HK$11 billion and HK$12 billion from contracted sales....
Surely, the costs of this invasion of visitors cannot be ignored, as it has resulted in a shortage of daily necessities. But the benefits cannot be underestimated either. Indeed, the recent gain...
In a report following measures in October last year, CBRE highlighted that "while the aim of the latest measures is to curb speculative activity in the residential market, some investors may now...
International
Japanese real estate investment trust GLP J-REIT, which has risen more than 20 per cent since its initial public offering in December in Tokyo, expects demand for warehouses in Japan to remain...
Sixty-six per cent of respondents in a survey last month expected values to increase over the next year compared with 64 per cent in October, ASB Bank said in an e-mailed report. The proportion...
It has been estimated that there are now about 4,000 Chinese-run clothing factories established in Prato, traditional Tuscan stronghold of the Italian textile industry and, as businesses come,...
London's West End has assumed Hong Kong's mantle as the world's most expensive place to lease an office, after rents in Central fell sharply last year as a result of the global economic downturn,...
The International Monetary Fund, in its annual report on Canada, warns that authorities may have to intervene a fifth time in the mortgage market if personal debt levels do not stabilise.
Singapore home prices reached a record high in the fourth quarter amid low interest rates, raising concerns of a housing bubble and prompting the government to introduce its seventh round of...
Q&A With Our Experts
Q: I am an expat who is currently renting an apartment in North Point. But the lease will expire soon and I am planning to move to Wan Chai which is more vibrant. With a budget of less than HK$20,000 a month, what are the options on the market if I want to look for a one-bedroom flat?
Full answerQ: I have visited a number of flats recently and most owners are asking for crazily high prices. Is it the right time to buy or better to wait for the next market correction? With a budget of HK$6 million to HK$7 million, I am targeting Wan Chai, Quarry Bay and Sai Wan Ho. Which district has the best upside potential?
Full answerQ: I want to buy a flat which costs about HK$4.2 million. I have saved about HK$1 million so far and my initial thought was to enter the market when I save enough to make a down payment of 30 per cent. I don't want to pay for the mortgage insurance and feel safer if I am financially more capable of buying a flat.
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