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Hong Kong Property

Lawmakers warn of stand against stamp duty move

14 Jun 2013

Lawmakers have warned the government that they will vote against a proposal to double stamp duty on property purchases if the administration fails to make substantial changes.

3:49AM

3 comments

Kerry still targeting HK$6b in sales

14 Jun 2013

Chu Ip-pui, an executive director of Kerry Real Estate Agency, said yesterday an occupation permit for Bayview had been granted and a certificate of compliance was expected within a month. "Then...

3:49AM

Tax reforms long overdue

9 Jun 2013

The middle class and our youth are effectively paying the highest taxes. The government prefers to generate revenue from selling land for high prices, which further drives up property prices. This...

2:40AM

'White form' applicants push up flat prices of HOS and public housing

5 Jun 2013

Chief Executive Leung Chun-ying announced in July last year that 5,000 "white form" applicants for HOS flats - prospective buyers of subsidised units currently living in private flats and who do...

4:40AM

Strong bidding interest expected for luxury site in Ho Man Tin

5 Jun 2013

The 83,033 sq ft site at the junction of Fat Kwong and Sheung Foo streets could fetch between HK$3.8 billion and HK$4.38 billion, according to four surveying firms polled by the South China...

4:40AM

Reserved property scheme may become policy

2 Jun 2013

The comment came a day after tenders for the first two sites offered under the "Hong Kong property for Hong Kong people" scheme, at Kai Tak, drew a strong response from developers, with 29 bids....

6:03AM

Opinion

Jake Van Der Kamp

China keeping its edge despite grim talk

3:53AM

Howard Winn

If StanChart doesn't want us, why keep inviting us?

3:53AM

Foreign chambers of commerce hit out at doubling of Hong Kong stamp duty

Chambers of commerce that represent hundreds of foreign firms in Hong Kong are voicing unhappiness at the recent doubling of stamp duty on commercial property purchases.

10:59AM

Jewellers say no to high rents forprime shop sites

Retailers selling luxury watches and jewellery are rejecting the idea of paying big premiums for prime street-front shops, as mainland shoppers spend less on expensive gifts.

4:41AM

Mainland Chinese's declining spending hits rents for Hong Kong's street-level shops

Retail sales by volume were up 10.2 per cent year on year in March, down from a growth rate of 21.9 per cent in February, according to the latest government data. Growth in sales of jewellery,...

3:33PM

3 comments

TENDERS

Analysts expect keen interest in Kai Tak sites despite rule only locals can buy flats

Developer interest in two residential sites up for tender in Kai Tak this week is likely to remain keen, say surveyors, despite the condition that flats built on the sites may be sold to Hong Kong...

3:21AM

SECONDARY MARKET

Sales of second-hand flats in Hong Kong decline

During the week ended May 26, a total of 178 second-hand flats were sold in the 50 largest private housing estates monitored by Ricacorp Properties, down from 180 sales the previous week.

3:21AM

CONCRETE ANALYSIS

Where location fails, try property management

The premise of the well-worn phrase "location, location, location" in real estate suggests that all other factors pale into insignificance when it comes to the value and desirability of a property...

3:21AM