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Malaysia’s Richest Boosts Hong Kong Property

Robert Olsen Forbes 01.09.2010
Malaysia’s Richest Boosts Hong Kong Property

Everything the Hong Kong government does to tamp down the city’s soaring real estate prices seems to be ignored by the property tycoons.

Hong Kong Land Sale Beats Estimates as Demand Withstands Cooling Efforts

Kelvin Wong and Sophie Leung Bloomberg 31.08.2010

Hong Kong Home Sales Volume Falls 49% After Cooling Measures Take Effect

Sophie Leung and Kelvin Wong Bloomberg 31.08.2010
The Ede Road site has a total buildable area of 77,469 square feet (7,197 square meters), compared with the 394,000 square feet of the Ho Man Tin site purchased by Cheung Kong earlier this month and 869,000 square feet of the one bought by Sun Hung Kai in June.Photographer: Jerome Favre/Bloomberg

Hong Kong’s government sold a residential site for HK$1.29 billion ($165 million) at auction today, beating estimates and signaling the luxury property market is withstanding measures to make homes more affordable.

Hong Kong Home Sales Volume Falls 49% After Cooling Measures Take Effect

Sales of existing homes in Hong Kong fell 49 percent this month from July, after government measures to cool the property market took effect, Centaline Property Agency Ltd. said in a report today.

Hong Kong rents set to rise

Byron Perry Property Report 30.08.2010
Hong Kong rents set to rise

Residential rents in Hong Kong should rise in coming months due to government property market cooling measures, the South China Morning Post has reported.

Residential Tung Chung land sold cheaper than expected

A 26,200-square-meter residential site in Hong Kong has been sold at a government land auction for 3. 42 billion HK dollars (440.7 million US dollars) on Tuesday, just 18.9 percent higher than the initial bidding price.

Hong Kong's property bull market 'peaked': RBS

Chris Oliver MarketWatch 05.05.2010
HK warns of high property prices, may consider subsidies

Hong Kong's leader said on Thursday he was concerned about the rapid growth in property prices in the city, with the authorities to review and possibly announce fresh policies in October to subsidise home buyers.

Hong Kong's property bull market 'peaked': RBS

Hong Kong's property market appears to have reached its high tide mark, according to research by the Royal Bank of Scotland.

Hong Kong Authority Tightens Rules on Property Sales

Chia-Peck Wong BusinessWeek 04.05.2010
Hong Kong April Property Transactions Up 28.3% On Year At 14,300

Hong Kong's property transactions rose 28.3% in April to 14,300 from 11,148 a year earlier, Land Registry figures showed Tuesday.

Hong Kong Authority Tightens Rules on Property Sales

Hong Kong’s Urban Renewal Authority announced new rules to increase transparency in the city’s property industry, two weeks after the government said it may raise sales taxes on some homes and accelerate land auctions to prevent a bubble in the market.


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