Property Law

15 May 2013

Data from Ricacorp Properties showed that for the week ended May 12, 176 second-hand flats were sold in the 50 largest private housing estates it monitors, up 24 per cent from 142 sales the...

3:06AM

4 comments

New sales rules to curb launch of Hong Kong housing projects in short term

1 May 2013

The Residential Properties (First-hand Sales) Ordinance, aimed at shielding buyers from dishonest sales practices, came into force on Monday and will affect the launch of new flats in the short...

3:44AM

Hong Kong home sales slow as buyers wait to see effect of new rules

24 Apr 2013

Hong Kong's secondary home market remained quiet last week and sales are likely to slow further until the implementation of a new law on sales practices that will take effect on Monday.

5:20AM

German cities plan tighter rent laws

24 Apr 2013

State governments that oversee housing rules in Hamburg, Berlin, Munich and other cities planned to make it illegal to raise rents by more than 15 per cent in three years, according to government...

5:20AM

Scramble for sales precedes new law

18 Apr 2013

Cheung Kong is offering additional sweeteners, on top of a price cut last month, to try to offload the remaining units at its Lai Chi Kok residential project.

5:33AM

Hong Kong developers halt sales while brochures rewritten for new rules

17 Apr 2013

Developers will suspend sales of unsold flats at more than 30 new residential projects next week to comply with a new law requiring them to specify the size of flats in all their marketing...

5:31AM

3 comments

Opinion

Tom Holland

Attempts to diversify China's reserves have been a disaster

4:45AM

Howard Winn

China is like the EU; provinces are its member states

Updated 5:26AM

Developers rush to sell flats before new curbs start

Sun Hung Kai Properties has started a soft launch of its Riva development in Yuen Long that offers about 780 units, with 25 blocks of low-density luxury apartments and 48 riverside garden houses...

5:53AM

Hong Kong's new disclosure rules on flats not enough

There are few ways to guarantee profits in a free market. One is monopoly; another is asymmetric information. Our largest developers have, for a long time, enjoyed advantages in both. So a new law...

2:08AM

2 comments

Nervous investors in Apex Horizon hotel suites seek police help

Between the four buyers they bought three units at the Apex Horizon in Kwai Chung in a provisional agreement reached last Wednesday, but it emerged yesterday that they were given what a lawmaker...

5:27AM

11 comments

MY TAKE

Is legal loophole a financial noose?

Say what you will about Cheung Kong supremo Li Ka-shing and his beloved lieutenant Justin Chiu Kwok-hung, the property duo certainly know how to stick it to the government and its recent measures...

5:46AM

3 comments

Forced evictions grew more violent, resulted in 21 deaths last year

Citing incomplete information, the Civil Rights and Livelihood organisation has documented a large number of forced evictions which took place during 2012.

4:13PM

PROPERTY

Scheme to dodge flats tax won't work, lawyers say

A developer's scheme to sell flats in the form of shares to help buyers escape stamp duty on property purchases will not work, tax experts say. The government recently announced that non-residents...

10:10AM