• Thu
  • Sep 18, 2014
  • Updated: 2:44pm

Home sales

Strong home sales, prices lift Sino Land's results

Sino Land's underlying profit jumped 80.5 per cent to HK$4.48 billion in the six months to December due to strong property sales as home prices hit new highs. 

Thursday, 28 February, 2013, 5:02am

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. It aims to sell 3,300 flats.

28 Feb 2013 - 5:02am

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 the latest round of measures aimed at curbing property speculation, agents say.

27 Feb 2013 - 5:04am

Market for cheaper flats expected to recover faster than luxury segment

Sales of homes worth HK$20 million or higher froze over the weekend, but demand among first-home buyers stayed healthy despite higher property tax as they took advantage of discounts.

27 Feb 2013 - 5:04am

Extra stamp duty 'to hit speculators only', says financial secretary Tsang

Genuine home buyers will not be affected by property cooling measures, Financial Secretary John Tsang Chun-wah said yesterday, adding that the higher stamp duties imposed on Friday would not apply to about 50 per cent of local buyers.

25 Feb 2013 - 5:27am 17 comments

Demand for flats falls by half in wake of stamp duty rises

Developers hoping to complete sales programmes looked for ways to fight the impact of sharp increases in stamp duties. They increased the commission for agents - some of whom were passing on the increase to buyers to make up for the extra duty they will pay.

24 Feb 2013 - 5:02am 8 comments

Property Digest, February 20, 2013

Hong Kong's industrial properties saw an encouraging performance in both leasing and sales in the fourth quarter of last year, according to Colliers International's Hong Kong industrial research and forecast report. 

20 Feb 2013 - 4:40am

Flat sales down because of holiday

Just 88 flats were sold from February 11 to 17 on the 50 major housing estates in Hong Kong monitored by agency Ricacorp Properties, down 19 per cent from 108 the previous week.

20 Feb 2013 - 4:40am

Affordable-housing sales poor in tier-one mainland cities

Sales of government-subsidised housing in Shanghai and Beijing have been disappointing because those who qualify for such flats cannot afford the high purchase prices, agents and property analysts say.

20 Feb 2013 - 4:40am

Home sellers on mainland raise prices after holiday sales boom

Data from the China Index Academy, a unit of SouFun Holdings, shows 21 of 27 cities recorded a rise in sales from February 4 to 17 compared with the same period last year, with average prices in 14 cities nearly doubling.

20 Feb 2013 - 4:40am