The number of new flats completed in the first three months fell to a four-year low, prompting warnings of further price rises.Saturday, 28 April, 2012, 12:00am
Beijing's liaison office in Hong Kong has bought 14 flats in Chai Wan for HK$63.43 million for use as staff quarters.
The apartments - which are 618 to 847 sq ft in size - at Sino Land's Bayview Park in Chai Wan were acquired through Newman Investment in the first two weeks of last month, transaction documents from Land and Company registries show.20 Apr 2012 - 12:00am
Growth in the mainland residential property market is slowing as government cooling measures are starting to have an impact, with residential sales rising 10.2 per cent last year, the slowest in three years.18 Jan 2012 - 12:00am
Office landlords Sino Land and South China Holdings plan to release 11 floors in their jointly owned commercial tower The Centrium for sale - a new choice for investors.
Sources said the companies have appointed Jones Lang LaSalle as the agent for the strata sale of the floors. Neither Sino Land nor South China would comment.14 Dec 2011 - 12:00am
Developers may put the sale of new projects on hold to gauge market sentiment after the announcement last week of new measures to curb speculation in the property market, some agents say.
Others, though, say the measures may speed up the release for sale of new flats.15 Jun 2011 - 12:00am