More commercial sites up for sale before end-2014

In addition to residential sites for tendering.

The government announced the land sale programme for Q4 2014, with two commercial sites and one industrial site to be made available for sale before the end of this year.

According to a research report from CBRE, these are in addition to the six residential sites to be tendered.

The industrial site, in particular, will be the first to be sold in 14 years, although the government has sold a logistics site in Tsing Yi to Mapletree in May 2013.

Here's more from CBRE:

The outlook for Q4 2014 is somewhat mixed after the start of the Occupy Central protests in end-September.

An immediate slowdown in market activity is expected but broad market fundamentals will likely remain favourable for property investment.

The chance of seeing panic sales is low unless the incident extend for a prolonged period of time.