戴德梁行：今日全球楼市速览(2010.05.11)

中國內地

1. 中國今年4月份呈現小額貿易順差，為16.8億美元，扭轉3月逆差局面，但比去年同期下降87%。 中國海關總署數據顯示，今年4月份，中國進出口值2381.6億美元，增長39.4%。其中出口1199.2億美元，增長30.5%，比上月加快6.3個百分點；進口1182.4億美元，增長49.7%。(明報)

2. 從本月6日起，恒大地產（3333）全國40個在售項目開始劃一「八五折」銷售，成為首個公開調價的內地發展商。恒大管理層透露，「八五折」推出後，市場反應熱烈。此外，恒大發言人昨日表示，因公司售樓廣告或推廣每兩周更新一次，上周提出的「八五折」有效期至本月15日，即本周日不再實行「八五折」；之後，恒大會有新一輪的售樓優惠。(明報)

3. 中國人民銀行發佈《2010年第一季度中國貨幣政策執行報告》顯示,當前一些推動價格上漲的因素正在逐步顯現,強化了通脹預期。報告重申將繼續實施適度寬鬆的貨幣政策。要執行好差別化房貸政策，促進房地產市場健康平穩發展，防止房地產等資產價格過快上漲強化物價上漲預期。（揚子晚報）

4. 1-4月，全國完成房地產開發投資9932億元，同比增長36.2%，其中，商品住宅完成投資6854億元，同比增長34.0%，占房地產開發投資的比重為69.0%。（地產中國網）

5. 銀監會已下發商業銀行壓力測定指引,要求就房地產行業的高風險穩定率進行壓力測試。 對於近期有關房價下降30%以內商業銀行將可以承受的報導,龔明華表示,銀監會對此問題並沒有一個總體判斷，具體的壓力測試情況取決於各家商業機構的本身情況,包括貸款的餘額、資金的來源和風險的管控能力等等。（證券時報）

6. 上海銀監局05月10日發佈的統計資料顯示，4月份，上海房地產業貸款增加144億元，個人住房貸款增加93億元，兩項貸款業務投放規模總體呈逐月回落趨勢。（觀點地產網）

7. 北京產權交易所發佈的產權交易數字顯示，今年4月北交所全部成交專案中，國資項目成交額64.5億元，其房地產業成交額49.4億元，占國資總成交金額的76.83%，已成第一大國資成交門類。（北京日報）　

8. 中石油集團旗下北京都市聖景房地產開發有限公司在該交易所掛牌轉讓其100%股權6498萬元債權，掛牌價格是1.26億元。這是今年3月國資委出臺非地產主業央企“勸退令”後，央企首次將全資擁有的房地產公司100%股權予以公開轉讓。（新京報）

9. 長沙房產研究中心公佈的《2010年1-4月長沙市房地產市場情況通報》顯示，五區商品住宅備案均價自去年10月份開始已連續6個月上揚，而今年2月、3月已連續兩月突破4500元/㎡，4月份接近了4700元/㎡。銷售備案量從2月份開始逐月遞增，4月份接近於1月份的銷售面積。（中國新聞網）

香港

1. 今天拍賣的東涌第55B 區地皮，市場估計成交價介乎42 至50 億元（即每方呎樓面價2922 至3500 元不等），為政府今個財政年度首次賣地。連同該幅地皮，本月市場共推售4 幅地皮，加上下月及7 月分別拍賣何文田前山谷道?地皮，以及山頂聶歌信山道地皮，個別發展商，包括被市場指土儲不多的恒隆地產（0101）及嘉華（0173）等，均罕有地於賣地前夕預期，隨著政府開始恢復賣地，今天地皮成交價將轉趨合理，並預期未來發展商投地態度或轉趨審慎。(明報)

2. 港府出招壓抑樓價大幅向上，但無礙發展商對本港樓價上揚的信心，盈大地產(432)執行董事兼行政總裁李智康對本港樓市抱樂觀態度。由於看好本港及內地的經濟前景，他預期，今年本港中小型住宅樓價會有10%至15%升幅，而豪宅樓價則會有20%至25%升幅。李智康指，本港樓宇供應持續低企，而內地資金正不斷流入，加上息口環境偏低下，即使現階段步入加息周期，利率仍與高位相距甚遠，因此看好本港的房地產市道發展，料全年樓價向上。(香港商報)

3. 豪宅造價持續上揚，市場透露，人稱「舖王」的資深投資者鄧成波（波叔）或有關人士持有的南區華景園1座中層B室，日前以5,300萬元沽出，面積3,061平方呎，呎價17,314元。(香港經濟日報)

4. 九龍塘「金巴倫道20號」，以8,200餘萬元售出，地盤面積4,983平方呎，地積比率為0.6倍，目前為一座3層高約3,581平方呎大屋，平均呎價22,899元。

5. 雖然近期住宅交投淡靜，惟大額物業仍受歡迎，太古旗下鰂魚涌英皇道六二五號全幢商廈，正獲買家積極洽購，出價逾十八億元，呎價逾六千二百元，有機會於短期內落實交易。消息人士指出，由於該物業並非位處太古旗下的太古坊，而是獨立地位於英皇道，因而太古出售意欲高，相信有機會於短期內成事。 據了解，上址樓高二十八層，每層面積約一萬一千八百方呎，另包括有停車位，現時該物業出租率逾九成，呎租介乎十八元至二十二元，每月租金收入逾五百萬元，回報介乎三至四厘水平。(星島日報

6. 市場消息指，尖沙咀漢口道單號地下M舖，面積約730方呎，成交價約5,600萬元，呎價76,712元。(am730)

7. 旺角「西洋菜街36號」地舖，面積800平方呎，以1.85億元成交，呎價約23.1萬元。物業現由眼鏡88承租，每月租金約37.5萬元，回報率2.4厘。

8. 合和旗下灣仔「The East」（由合和中心、QRE Plaza、胡忠大廈及GARDENEast組成），繼在3月份成功出租約3,300平方呎樓面予秋田鐵板料理外，近日更成功租出8,000多平方呎樓面予3間零售商舖及食肆，包括Gilman Group旗下之「Gilman Gallery太平家電陳列室」、食肆「W28 Steak House」及酒品概念店「DEN」。(香港經濟日報)

9. 富豪產業信託(1881)主席羅旭瑞指，過去數月旗下酒店業務同比錄得增長，雖然上海世博開幕，惟旗下酒店不少客戶戶以本港作中轉站，故預期暑假期間，酒店入住率約有10%增長。羅旭瑞續指，今年將斥資5,600萬元，為旗下5間酒店作翻新；此外，旗下灣仔精品酒店「富豪薈」入住率理想，正積極於本港及內地大城市，物色精品酒店項目。 (am730)

Mainland China

1. China’s trade returned to surplus in April but shrank 87% from a year earlier due to faster growth in imports than exports. The trade surplus stood at US$1.68bn last month, the General Administration of Customs said as it released figures that were yet another indication that the nation is in the economic fast lane. This compares with a deficit of US$7.2bn in Mar, which ended a run of trade surpluses since May of 2004. Exports rose 30.5% y-o-y to US$119.92bn in April, while imports surged 49.7% to US$118.24bn. (Shanghai Daily)

2. China’s service outsourcing market is expected to grow at a compound annual rate of 26% to US$43.9bn by 2014 as demand continues to increase, a KPMG industry report said. In 2009, there were 60,247 service outsourcing contracts signed, a surge of 143% from a year ago. The contract value was worth US$20bn, an annual rise of 186%. China's service outsourcing companies have more than doubled to over 9,000 from 2008. (Shanghai Daily).

3. China National Petroleum Corp, the country’s largest oil company, plans to sell its Beijing-based property unit for 126 million yuan (HK$140.4 million) after the government told state-owned companies to exit real estate development. (SCMP)

4. China's biggest developers are borrowing record amounts in Hong Kong, taking advantage of lower interest rates to circumvent a lending crackdown at home. While banks demand at least 5.2% in annual interest for three- to five-year money on the mainland, the cost of credit in Hong Kong dollars has fallen to the lowest since November 2004. China Overseas Land & Investment agreed to an HK$8bn loan in February that pays 1.45% at current market levels, Bloomberg data shows. "For property developers to keep growing in what is an extremely fragmented and competitive market, they have to go offshore" for funds, said Brayan Lai, a credit analyst at Credit Agricole CIB in Hong Kong. "It's one way to circumvent tight onshore credit."

5. Nissan Motor Corp's – Chinese venture, Dongfeng Nissan, is building a 2nd plant in Guangzhou in Guangdong Province which is expected to be the biggest plant for the Japanese car maker after 2 years build-up. Total investment of the new plant, located in Huadu, is RMB5bn and it will turn out 240,000 vehicles annually when it starts operation in 2012. The plant will boost Dongfeng Nissan's total capacity to 600,000 units by then with potential to go over 800,000 units. Dongfeng Nissan is run by Nissan and China's Dongfeng Motor Corp. (Shanghai Daily)

6. Accor SA – one of the leading international hotel groups in China, announced it will soon open its 3 Grand Mercure hotel in Shanghai and further expand its local footprint to 11 properties. Strategically located at the South Square of Shanghai Railway Station, one of the city's busiest travel hubs with 3 metro lines running underground, the 288-room Grand Mercure Shanghai Zhongya is scheduled to open at the end of June, a boon for Expo visitors seeking downtown accommodation with convenient traffic to the Expo. By June 2010, the Grand Mercure chain will run a total of 7 properties in China, while in the Asia Pacific region the brand has 36 hotels. (Shanghai Daily).

Hong Kong

1. Salaries have begun to creep up again after dropping last year in the wake of the financial crisis. Pay rises averaging 1.7 per cent were awarded by some companies in January, according to a survey by the Hong Kong Institute of Human Resource Management. This compares with a 0.5 per cent increase at the same time last year and a reduction of 0.6 per cent for the full year. (SCMP)