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  • August 28, 2014
  • Last updated: 7:35am
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  1. Karen finds a market for bachelors in name of charity

    Posted Feb 17th 2004, 12:00am by Nick Gentle

    ... but just two years on it has become a major fund-raising event for women's charity. The auction, held at the Helena May on Friday, netted $225,000 in bids. Competition among 300 women for dates with 20 eligible bachelors was so hot that the organisers hastily decided to auction off eight of the event's security guards, who were happy to accommodate. 'It all started off ...

  2. No takers for government land auction

    Posted Mar 25th 2005, 12:00am by Chloe Lai

    ... Chloe Lai Not one property developer has applied for public auction of a site under the government's land application list in the first two months of this year despite the booming ... grant was received. Under the application list system, a site is put up for auction only after a developer undertakes to bid the minimum reserve price set by the government. Of the 17 sites ...

  3. Would anyone pay $20m for this? Find out today at HK's biggest auction

    Posted May 29th 2005, 12:00am by Chris Oliver

    ... at auction if, as is widely expected, bidding goes beyond $20 million. How the bidding turns out hinges largely on the skill of an elite group of art experts who have been flown into Hong Kong by Christie's auction house. Their assignment is to bang the gavel on 2,200 pieces of Asian art and jewellery over the next four days. When the sale ends it is estimated they will have cleared $700 ...

  4. Auction last resort for vendors on Costa del Sol

    Posted Sep 15th 2004, 12:00am by Richard Warren

    ... Richard Warren in London Desperate vendors on Spain's Costa del Sol are offloading their properties at auction- because the sales market is 'dead', property agents reveal. While the upper end of the market remains healthy, the lower end favoured by investors has been hit by overbuilding and a shortage of buyers. Direct Auctions, the company that held ...

  5. Strong response expected for auction

    Posted Feb 19th 2005, 12:00am by Staff Reporter

    ... Foster Wong The government is expected to receive an overwhelming response to its land auction on Tuesday, riding on the back of the booming sentiment in the commercial property market. ... Vigers Appraisal and Consulting executive director Tony Chan Tung-ngok said. 'This is likely to buoy the value of commercial land sites. The upcoming land auction will be a good barometer ...

  6. Business - Companies - TELECOMMUNICATIONS

    Hutchison Telecom sees growth drive in second half

    Posted Aug 05th 2014, 05:14pm by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Hutchison Telecommunications Hong Kong is looking forward to tough, but more reasonable local mobile competition and a 3G spectrum auction later this year ... government is set to auction off a third of the 3G spectrum previously held by each of the city’s four incumbent 3G mobile network operators in the fourth quarter this year. Spectrum represents ...

  7. Comment - Blogs

    All quiet at Gresham's auction house in Hong Kong, a year after its debut

    Posted Mar 31st 2014, 09:50am by Chris Oliver

    ... Chris Oliver Not much is going on these days at Gresham’s Ltd, the auction house in Ap Lei Chau which garnered a lot of local press coverage during its debut last spring. There are no events slated for this year on the auctioneer’s website. In fact, references to a rare and fine wine sale back in September are said to be “upcoming”. On another page, an interiors sale scheduled ...

  8. Comment - Insight & Opinion - BRICKS & MORTAR

    Hong Kong faces serious shortage of industrial land for logistics use

    Posted Aug 18th 2014, 12:34pm by Peggy Sito

    ... the government sold 110 residential, 14 commercial and 12 hotel and mixed-use sites. No industrial site is up for auction or tender on the 2014-15 land sale application list (through which sites are auctioned if a developer bids enough to trigger a sale). Meanwhile, vast amounts of industrial stock is being rezoned or revitalised to facilitate residential and commercial developments, further ...

  9. Surveyors call for regular sales

    Posted Feb 19th 2005, 12:00am by Staff Reporter

    ... Foster Wong The government should be flexible and return to regular land sales to help free up supply, according to some surveyors. They said the long delays under the current list system- which requires a guaranteed minimum price to trigger an auction- was choking investment into the economy. 'The land application list system is a good mechanism to avoid an oversupply during ...

  10. Business - Economy - INVESTMENT

    Qianhai targets Hong Kong firms in land auctions

    Posted Apr 01st 2014, 01:20am by Jeanny Yu

    ... targets HK firms in land auctions Qianhai is planning to auction up to 15 parcels of land this year totalling 2.6 million square metres, a third of which will be sold only to Hong Kong companies ... auctioned six parcels of land totalling 2.55 million square metres for 40.7 billion yuan (HK$51.28 billion). The winning bids were mostly made by Hong Kong-registered mainland firms, raising concern ...




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