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  • July 26, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Home price declines hit development site values

    Posted Apr 14th 2014, 05:17am by Sandy Li

    ... square feet, could attract a bid of at least HK$157 million. Last month, Sun Hung Kai Properties outbid 10 other developers to win a residential site in Ma On Shan for a lower than expected ...

    http://www.scmp.com/property/hong-kong-china/article/1481200/home-price-declines-hit-development-site-values
  2. News - Hong Kong - PROPERTY

    Outdated licensing law 'behind New Territories land disputes'

    Posted Mar 08th 2014, 02:49am by Ernest Kao

    ... licensees pay as little as HK$100 a year for more than 3,000 square feet, and are allowed to sublet the area. The Lands Department confirmed that "upon the death of a licensee, the licence ...

    http://www.scmp.com/news/hong-kong/article/1443058/outdated-licensing-law-behind-new-territories-land-disputes
  3. Property - Hong Kong & China - PROPERTY

    Three sites at Kai Tak airport site surprise by selling for HK$9.7b

    Posted Feb 26th 2014, 01:13am by Peggy Sito

    ... the biggest site, with better views, for HK$3.92 billion or HK$6,530 per square foot. The site can provide a maximum floor area of 600,836 square feet. A subsidiary of K Wah International won another ...

    http://www.scmp.com/property/hong-kong-china/article/1435366/three-sites-kai-tak-airport-site-surprise-selling-hk97b
  4. Property - Hong Kong & China - PROPERTY

    Cityplaza shopping centre to get HK$100m facelift

    Posted Feb 10th 2014, 04:37am by Sandy Li

    ... Apita would lose 50,000 square feet on the first and second floors to make way for more children's wear brands. "The space to be vacated by Apita will also be renovated ... They include a facial salon, a watch company and a photo store." The six-level mall accommodates 170 shops and restaurants in its 1.11 million square feet of floor space, including retail chains ...

    http://www.scmp.com/property/hong-kong-china/article/1424887/cityplaza-shopping-centre-get-hk100m-facelift
  5. News - Hong Kong - PROPERTY

    Flats at The Rise in Kwai Chung selling out fast despite HKMA warning

    Posted Sep 08th 2013, 12:00am by TIFFANY AP

    ... square feet and the latter 900 square feet. It will also have a swimming pool, spa, gym and playroom. On Friday, Monetary Authority chief executive Norman Chan Tak-lam warned that the tapering ...

    http://www.scmp.com/news/hong-kong/article/1305913/flats-rise-kwai-chung-selling-out-fast-despite-hkma-warning
  6. Business - Banking & Finance - PROPERTY

    Banks fighting back against luxury shops for prime space

    Posted Sep 23rd 2013, 12:00am by Sandy Li, George Chen

    ... at The Forum in Exchange Square late last year and has signed a leasing agreement with Hongkong Land, the biggest landlord in Central. Another major local bank is set to lease 20,000 square feet of a five-level shop on Canton Road in Tsim Sha Tsui, one of the busiest shopping streets in the city, for a monthly rent of HK$6 million, or HK$300 per square feet, according to a property market source. ...

    http://www.scmp.com/business/banking-finance/article/1315502/banks-fighting-back-against-luxury-shops-prime-space
  7. Business - Companies - PROPERTY

    Swire Properties pays US$64 million for plot near Brickell Florida project

    Posted Jul 17th 2013, 12:00am by Sandy Li

    ... Florida, by buying an adjacent site for more than US$64 million. The developer said yesterday it had bought the 67,518 square feet site at 700 Brickell Avenue, which would be incorporated ... four parcels of land acquired in 2008 and 2011, spans 394,000 square feet and will yield total gross floor area of 5.42 million square feet. It is Swire's first commercial project ...

    http://www.scmp.com/business/companies/article/1284267/swire-properties-pays-us64-million-plot-near-brickell-florida
  8. Business - China Business - PROPERTY

    Weather can't cool boom in Ulan Bator

    Posted Sep 25th 2013, 12:00am by Benjamin Robertson

    ... Mortgage Corp (MMC) were made available to buyers of units less than 540 square feet in size. Previous rates were typically in the 16 to 19 per cent range. MMC data shows that the number ...

    http://www.scmp.com/business/china-business/article/1317051/weather-cant-cool-boom-ulan-bator
  9. Property - Hong Kong & China - PROPERTY

    Hong Kong office shortage spurs makeovers of disused factories, warehouses

    Posted Aug 14th 2013, 12:00am by Bloomberg

    ... properties will provide about 800,000 square feet of new office space in Hong Kong next year, according to Colliers. Excluding conversions, developers will add about 456,000 sq ft of new space, ... million square feet of prime office space. Almost 90 per cent of the 1,500 industrial buildings in Hong Kong are eligible for conversion under the government's plan, according to Colliers. ...

    http://www.scmp.com/property/hong-kong-china/article/1296511/hong-kong-office-shortage-spurs-makeovers-disused-factories
  10. Business - Property - PROPERTY

    Chinese developer of London's Royal Albert Dock seeks overseas funding

    Posted Jun 18th 2013, 12:00am by Kwong Man-ki

    ... The project, which will have 3.2 million square feet of office and retail space, would attract Chinese and Asian companies that were looking to expand into Europe, he said. Fifty-six companies, mostly ... in the second half of next year, will include 80 to 100 buildings sized between 6,500 and 32,300 square feet. Xu said 60 to 70 per cent of the area would be offered for sale and the rest for rent. ...

    http://www.scmp.com/business/article/1263198/chinese-developer-londons-royal-albert-dock-seeks-overseas-funding

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