Issue: November 08, 2010   (Archive)
Thursday, July 31, 2014   

Hoodwinked into a deal
An estate agent assured a prospective purchaser that she could definitely obtain a mortgage amounting to 80 percent of the purchase price, when persuading her to buy a flat at a new residential project.

Hot small-flat sales leave used homes in cold
With homes priced under HK$6 million seeing robust demand for the past two months, inexpensive flats from new projects continue to fuel bullish market sentiment, while freezing secondary flat transactions.

Gherkin now up for grabs
London's landmark "Gherkin" office tower, one of the landmarks on the British capital's skyline, went on sale for about 650 million (HK$8.5 billion) after being placed into receivership.

Singapore keeping it cool
Despite Singapore seeing a cooling down in its property market, the government thinks that it is too early to withdraw any of its measures that were put in place to curb this sector.

Standing tall in Vancouver
Vancouver House is set to raise the bar for luxury residential property in British Columbia's largest city with its distinctive structure and leading-edge sustainability features, becoming its fourth tallest building.

Sale boosts confidence
A significant sales transaction was recorded in the second quarter of 2014 with the acquisition of the East Tower at One Bay East for HK$5.425 billion (HK$10,596 per sq ft) by Citi.

China cooling
China's new home prices fell in June from May for a second straight month and analysts forecast the falls would continue. Average new home prices in 70 major cities fell 0.5 percent in June from the previous month, accelerating from May's 0.2 percent monthly drop, based on data issued by the National Bureau of Statistics.

Living in the slower lane
Malaysia is seeing a cooling down in its property market as the effects of anti- speculation measures kick in.

Rents surging as students join hunt
The already upbeat rental market is entering its traditional peak season, as university students flood in searching for accommodation.

Red hot and spreading
With the bullish sentiment seeing developers get ready to put 1,200 new flats on the market this month, some homeowners are also looking to clean up.

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