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  • October 30, 2014
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  1. Land auction frenzy shows need for caution

    Posted May 27th 2004, 12:00am by Staff Reporter

    ... The eagerly awaited land auction held this week was rightly billed as a test of confidence in the future of Hong Kong's property market. The passing of the test with flying colours is a welcome outcome. Indeed, the vote of confidence was so overwhelming it exceeded all expectations. And the auction results bode well for our city's future economic fortunes. This was the first ...

  2. Developers get their wish- more land to buy

    Posted Feb 12th 2005, 12:00am by Quinton Chan

    ... Quinton Chan The list of sites for sale will be much longer than last year's, says official The supply of land for public auction will increase substantially in the next financial ... North Point Estate, will not be put up for sale this time. Under the application list system, a site will only be put up for auction after a developer agrees to bid at least the minimum price ...

  3. Government land sales decline to lowest level since 2005

    Posted Dec 29th 2008, 12:00am by Sandy Li

    ... The use of the application list system to sell developable land should also bear some responsibility for the sharp year-on-year decline in auction sales of land in the first nine months ... Shiu-kee, managing director of surveying company SK Pang. Under the application list system, a developer can trigger an auction by making a bid that is at least 80 per cent of a site's reserve ...

  4. Chill financial winds cool art lovers' ardour

    Posted Oct 06th 2008, 12:00am by Peter So

    ... Ng Kang-chung and Peter So The chill winds of the global financial crisis may have cooled art lovers' ardour, if the result of Sotheby's Hong Kong art auction yesterday is any indication. On the second day of the auction, 71 of 110 lots of 20th century Chinese art on offer went unsold. Those that were sold fetched about HK$35 million, according to the New York-based auction ...

  5. Sichuan sculptor helps charity auction

    Posted May 01st 2009, 12:00am by Celine Sun

    ... and infrastructure. The sculpture and four other art pieces will be auctioned at a gala dinner to be held by the Post on May 12, the first anniversary of the Sichuan earthquake. 'I am familiar ...

  6. Charity auctions raise more than HK$30m

    Posted May 28th 2008, 12:00am by Vivienne Chow

    ... The auctioning of a Qing dynasty enamelled glass brush pot yesterday morning raised more than HK$30 million for victims of the Sichuan earthquake. The brush pot, offered by Taiwanese ... to raise around 30 million yuan (HK$33.7 million) for the earthquake victims so I have achieved my goal,' he said, adding that he hoped the auction could raise awareness of the quake ...

  7. Seals and scrolls to top auction

    Posted Oct 02nd 2008, 12:00am by Staff Reporter

    ... Military might and cultural achievements epitomise Emperor Qianlong's imperial legacy Internationally acclaimed for the stunning collections offered at auction, Sotheby's has ... billion, will go under the hammer next week at the Hong Kong Convention and Exhibition Centre. The collections will be on public display in Hong Kong from tomorrow to next Tuesday and auctions ...

  8. Property blues hit land auction

    Posted Jun 16th 2004, 12:00am by Sandy Li

    ... Sandy Li In a far cry from the previous sale, Chinachem Group outbids a lean field with a $1.01b offer for Sa Po Road site The government's second land auction in more than 20 months attracted just six bidders yesterday, a far cry from the aggressive bidding by 23 land-hungry developers last month. The subdued mood at the auction comes amid dwindling property transactions ...

  9. CRE subsidiary wins auction for Garley Building

    Posted Sep 12th 2003, 12:00am by Peggy Sito

    ... (CRE), is the Garley Building's new owner after paying $191 million for the infamous complex at a public auction yesterday. The Nathan Road building, destroyed by a fire in November 1996, ... the company paid for ownership of the building from a large number of individual owners, total investment will be between $400 million and $500 million. Mr Lau said that prior to the auction ...

  10. Shirts signed by soccer stars up for auction

    Posted Jan 06th 2005, 12:00am by Staff Reporter

    ... Scarlett Chiang Football shirts autographed by some of the hottest stars from the English Premier League will be auctioned on Sunday to raise money for tsunami victims. Fans watching ... And there will be another bonus: a South Asia Tsunami Charity Match between two company teams. Bidders will have to stump up $200 before joining the auction for the autographed shirts- signed by all members ...




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