SINO LAND (00083.HK) News & Disclosure
    Colliers International released a research and forecast report on the Hong Kong residential market for the first quarter of 2013, saying that a new round of cooling measures introduced by the SAR government and the HKMA to curb the property market have negatively affected luxury home sales. It is expected that the prices of luxury homes may face a period of correction, with an average monthly drop in the price of around 10% over the next 12 months, and 5% in rental. Buyers tend to stay on the sideline and part of them incline to turn to leasing market for solutions. In the first quarter this ...
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