Hong Kong & China | South China Morning Post

China demands property cooling policies be enforced

The State Council on Friday released guidelines instructing local governments to strictly follow policies introduced to cool the mainland's housing market.

China says it could tighten property controls

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...

China's new leadership unlikely to roll out new property curbs, analysts say

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.

Land list 'shows supply may be running short'

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...

SHKP cuts property sales target as first-half profit falls

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...

New World Development eyes 30pc growth in flat sales this 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....

Hong Kong has no future without mainland

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...

Beijing creates a generation of housing slaves

Mainland media have dubbed a generation of middle class "fang nu", or housing slaves, a reference to the lifetime of work they needed to pay off their debts. They are taking on mortgages even as...

Housing rents seen to rise faster as new stamp duty hits home purchases

Rents will rise at a faster pace in the second half of this year as demand for rental accommodation increases as a result of homebuyers hold off on making purchases while they digest the impact of...

Hong Kong needs clarification of commercial property plans

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...

PROPERTY

Hong Kong unlikely to follow Singapore in raising taxes for luxury homeowners

Hong Kong is unlikely to follow Singapore's example by raising taxes for owners of the most expensive luxury homes, property and tax experts say. The city-state's initiative is seen as being aimed...

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Hong Kong Ferry braves new property curbs with Green Code homes launch

The subsidiary of Henderson Land Development said yesterday that it would put the Green Code project on the market next month after obtaining sales consent from the government, which it expects...

New curbs likely to hit industrial, retail sales hardest

As a measure of speculative deals in the sector, data from property broker Midland IC&I show that 1,276 confirmor sales were transacted in the industrial property market last year. Confirmor...