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  1. Housing shortage to get better in few years, Henderson boss says

    Posted Jun 02nd 2010, 12:00am by Yvonne Liu

    ... Henderson Land Development believes Hong Kong's housing shortage will ease in the next few years since its land bank can provide 45,000 new units, which is equivalent to the total supply of new housing for four years. Chairman Lee Shau-kee yesterday said the company had replenished its land bank by acquiring old buildings, paying land premium levies and converting ...

  2. Trio tried for running poker house

    Posted Nov 19th 2010, 12:00am by Staff Reporter

    ... Maggie Ng Three businessmen accused of running a poker house in Central stood trial in Eastern Court yesterday for managing a gambling establishment. Elton Tsang Ka-wai, 30, Jonathan Shen, 31, and Sebastian Chau Yeen, 28, pleaded not guilty to managing the Blue Room in Stanley Street, Central, between November 1 last year and March 13 this year, when the police raided ...

  3. Village houses attract more buyers amid rising prices

    Posted Aug 11th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu With property prices in the city rising to their highest levels since 1997, village houses may be a better option for those seeking a better of quality of life but have a limited budget. 'In the past, only local people in the New Territories would buy village houses. But more and more people from Kowloon and Hong Kong Island are looking for village houses ...

  4. Longrun buys major stake in tea house chain

    Posted Sep 08th 2010, 12:00am by Nick Westra

    ... in a popular chain of mainland tea houses. Longrun Tea agreed to pay 4.5 million yuan (HK$5.14 million) for a 70.9 per cent position in a joint venture between a wholly owned subsidiary and the Tea ... to the tea houses and cross-sell our products,' Colman Chiu, vice-president, investor relations of Longrun Tea, said. 'And the network is big so we expect the sales will be big.' ...

  5. Columbarium planned for historic houses

    Posted Aug 14th 2010, 12:00am by Joyce Ng

    ... Joyce Ng Work has begun on converting a cluster of Yuen Long village houses into a columbarium, in what is the latest of a wave of private ash repositories springing up in sensitive or historic sites. One of the four houses, which the Antiquities and Monuments Office has proposed for listing as a grade three historic site, has had all its distinctive architectural features ...

  6. Henderson sets another record with house sale

    Posted Aug 05th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu Henderson Land Development said yesterday that a house at its new luxury residential project in Chung Hom Kok sold for HK$50,640 per square foot, setting yet another record ... The website said Henderson had sold a 13,033 sq ft house at 11 Headland Road for HK$660 million on Monday. That would make it the most expensive house in Island South in terms of price per square ...

  7. A housing curve too steep- land auctions

    Posted Sep 07th 2010, 12:00am by Staff Reporter

    ... Staff Reporter Developers remain optimistic about rising property prices despite the government's measures to cool the market. This was shown in the results of government land auctions held after the government tightened mortgage lending and resale r ...

  8. Housing Authority mulls options to boost resale of HOS flats

    Posted Mar 05th 2010, 12:00am by Paggie Leung

    ... The Housing Authority will consider waiving the land premium or allowing it to be paid in instalments when Home Ownership Scheme flat owners sells their property in the secondary market. ... end-users and not speculators. The other option is to allow the premium to be paid in instalments, with or without interest. The person said the Housing Authority would need to study the maximum ...

  9. House on The Peak fetches record price

    Posted Mar 17th 2010, 12:00am by Yvonne Liu

    ... A listed electronic components manufacturer yesterday bought a house on The Peak for HK$60,215 per square foot, making it the most expensive home in Hong Kong in terms of price per square foot. Sino-Tech International Holdings said they had agreed to buy house No8 at Sun Hung Kai Properties' Severn 8 in Severn Road on The Peak for HK$280 million for investment purposes. ...

  10. House of Cards

    Posted May 30th 2010, 12:00am by Charmaine Chan

    ... Charmaine Chan House of Cards by William Cohan Penguin, HK$143 Readers who pick up House of Cards should already be familiar with the Bear Stearns story. They may be in the same world of investment banking. Perhaps they just followed the news. There's more to the tale, however, as William Cohan shows in his detail-packed follow-up to his 2007 book about Lazard Freres & ...




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