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  • November 23, 2014
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  1. Property - Hong Kong & China - GAMING

    Landing International chairman gambles on tourism plan in Jeju

    Posted May 26th 2014, 05:07am by Sandy Li

    ... for pre-sale in seven cities- Harbin, Changchun, Shenyang, Beijing, Shanghai, Shenzhen and Macau," he said. "All these cities are only about a 90-minute flight from Jeju. Foreign investors ...

  2. Carlyle buys 2 Macau towers in HK$2b deal

    Posted Aug 05th 2008, 12:00am by Sandy Li

    ... Sandy Li Carlyle Group, the world's second-biggest private equity firm, has made its first foray into Macau's residential market, buying two residential blocks in a deal believed to worth almost HK$2 billion. The deal is expected to boost the softening residential market in Macau, according to property agents. The United States private equity fund has agreed to buy 372 ...

  3. Sands setback deals blow to luxury home rents in Macau

    Posted Nov 13th 2008, 12:00am by Sandy Li

    ... Sandy Li Las Vegas Sands Corp's decision to suspend all construction in Macau will deal another blow to the luxury residential leasing market already reeling from the global financial crisis, real estate agency Ricacorp Properties says. Dennis Wong Chun-lam, Ricacorp's executive director in Macau, expects rents at luxury homes to drop a further 7 to 15 per cent next year. ...

  4. Beijing travel curbs add to Macau market misery

    Posted Sep 10th 2008, 12:00am by Sandy Li

    ... Sandy Li A further tightening of visa conditions aimed at limiting mainland visitor flows to Macau has rubbed salt into the wounds already suffered by the territory's property market. ... for Macau property, agents say. Macau's luxury residential market, which depends on overseas buyers for some 50 per cent of its deals, has already fallen about 30 per cent since January ...

  5. Hopes high for Macau recovery as prices rise

    Posted Oct 15th 2003, 12:00am by Sandy Li

    ... feet apartment in Macau for $1.5 million several years ago, things are looking up. Property prices in the enclave have risen by up to 10 per cent following a series of positive developments, ... Kong after he took up a job with the Macau Jockey Club (MJC) 10 years ago. 'I stayed in a hotel in the beginning as I was working part time, but decided to buy an apartment after I signed ...

  6. Macau Success eyes boost from chairman's casino stake

    Posted Aug 22nd 2005, 12:00am by Sandy Li

    ... Sandy Li in Macau The company's top priority is to acquire a 20 per cent share of VIP gaming hall from Yeung Hoi-sing Macau Success expects to bolster its gaming presence ... the 7,000-square-foot King Seiner Palace at Pharaoh's Palace Casino- which is 56 per cent held by Macau Success chairman Sonny Yeung Hoi-sing- would be its top priority. Financing for future acquisitions ...

  7. Henderson plans $4b Macau project

    Posted Aug 25th 2005, 12:00am by Sandy Li

    ... Sandy Li and Foster Wong Henderson Land Development plans to develop a multibillion-dollar residential project in Macau. Vice-chairman Colin Lam Ko-yin said the developer had a conditional ... the development of Macau's property market is going to be exciting. 'The opening of new casinos and hotels is going to attract tourists from all around the world, boosting the Macau ...

  8. International consultants set to shake up Macau market

    Posted Mar 17th 2005, 12:00am by Sandy Li

    ... Sandy Li Two leading international property consultants have joined the rush to Macau and look set to fuel competition in the sector. FPDSavills and Jones Lang LaSalle plan to open offices within weeks in the former Portuguese enclave, where prices soared more than 50 per cent last year. Two other leading agencies, Centaline Property Agency and Midland Realty, entered Macau ...

  9. Melco to announce 'substantial' acquisition in Macau

    Posted May 12th 2005, 12:00am by Sandy Li

    ... Sandy Li Melco International Development may be close to acquiring a development site in Macau for an investment of $1 billion, market sources say. Before the market's opened ... yesterday confirmed the transaction was related to an investment in Macau but did not disclose details. Bankers said Melco has been negotiating with banks to arrange a syndicated loan since last ...

  10. Far East considers selling Macau hotel and apartments

    Posted Jul 29th 2005, 12:00am by Sandy Li

    ... Sandy Li Far East Consortium International may sell one of its four hotels and some of its serviced apartments in Macau next year, says deputy chairman David Chiu Tat-cheong. With more than 21,000 rooms in Macau either planned or already under construction, analysts expect competition in the hospitality industry to become more intense over the next three years than had ...




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