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  1. Students head to the countryside

    Posted Aug 13th 2009, 12:00am by Chris Huang

    ... of the places the team has visited. Liu Zhijun, secretary of the university's Youth League Committee, said the volunteers would conduct in-depth research into local areas to give help ...

  2. Construction costs in HK levelling off, study shows

    Posted Nov 18th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Tender prices for construction in Hong Kong have begun to level off after undergoing a sharp fall from the fourth quarter of last year, the latest survey of the sector by Rider Levett Bucknall shows. The property and construction consulting firm's Tender Price Index for construction declined just 1.53 per cent in the second quarter of this year, compared ...

  3. Two Tai Po waterfront sites to go on the block

    Posted Nov 19th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Two luxury residential sites on the Tai Po waterfront were triggered for auction yesterday - the first large-scale land sale in two years. Surveyors estimated the sites might fetch up to HK$12.4 billion, giving a residential floor area of HK$9,000 per square foot. The price per square foot would be 38 per cent higher than that for two nearby sites sold ...

  4. Abundant land supply key to mainland property prices

    Posted Nov 18th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu The mainland's property markets have become popular investment targets for investors from around the world and both developers and analysts warn that they should bear in mind that a plentiful supply of land in the country could have a bearing on the future price performance of property assets. Brokerage CLSA interviewed major players in both the Hong Kong ...

  5. CTI earnings soar 70pc on fixed network services business

    Posted Nov 06th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu City Telecom (CTI), Hong Kong's second-largest broadband service provider, reported yesterday its full-year net profit surged 70 per cent, mainly on strong growth in its fixed telecommunications network services unit. Net profit for the year to August rose to HK$213 million from HK$125 million in the previous year, while turnover grew 13.4 per cent to HK$1.48 ...

  6. Rules for developers on flat sizes apply from next week

    Posted Nov 24th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Developers will be required to follow new guidelines on the sale of uncompleted flats from December 1, including a realistic declaration of floor size that excludes common areas. The Real Estate Developers' Association yesterday issued guidelines under which its members may calculate flat sizes. The guidelines, which are not legally binding, followed ...

  7. Number of mortgages in negative equity falls to lowest since 2001

    Posted Nov 20th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu The number of home loans in negative equity dropped to 835 at the end of September, the lowest since the Hong Kong Monetary Authority survey began in 2001. That is far below the peak of 105,697 cases in June 2003, at the height of the severe acute respiratory syndrome epidemic. The authority said yesterday that its survey of residential mortgage loans in which ...

  8. Shunyi government arm pays record for Beijing housing site

    Posted Nov 21st 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu A low-density housing lot in Beijing sold for 29,859 yuan (HK$33,893) per square metre yesterday - the highest unit price for a residential site on the mainland. Beijing Dalong Estates, the property arm of the Shunyi local government, won the site in a government land auction with a bid of 5.05 billion yuan. In addition to being the most expensive price per square metre ...

  9. Link tops forecasts with 19.3pc rise in distributable income on rental mix

    Posted Nov 20th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu The Link Real Estate Investment Trust yesterday exceeded analysts' expectations by posting a 19.3 per cent jump in distributable income for the six months to September, thanks to improvements in occupancy rates and rental growth. Distributable income rose to HK$1.06 billion from HK$884 million in the same period last year. It was achieved on the back ...

  10. Crackdown imminent on hoarding of land

    Posted Nov 14th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu The mainland plans to penalise developers that hoard sites to boost land prices. Dong Zuoji, a director of land planning at the Ministry of Land and Resources, said yesterday the measures would be introduced shortly. The government would publicise the cases of hoarding, Dong said. 'Some developers intend to hoard sites, although some delays may be due to local ...




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