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  • August 21, 2014
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  1. Business - Companies - EARNINGS

    Building boom drives China State Construction’s first-half profit up 25pc

    Posted Aug 14th 2014, 01:59pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com China State Construction International posted a 24.93 per cent jump in first-half net profit as construction business boomed in Hong Kong and Macau. The mainland-backed company said its net profit was about HK$1.47 billion, ...

    http://www.scmp.com/business/companies/article/1573468/building-boom-sees-china-state-constructions-first-half-profit
  2. Property - Hong Kong & China

    Li-linked firm sells Shanghai building for 1.5b yuan

    Posted Aug 12th 2014, 10:53am by Yvonne Liu

    ... in Shanghai for 1.54 billion yuan (HK$1.94 billion), the Beijing Times reports. Singapore-listed ARA Asset Management is in talks with the city state’s Alpha Investment Partners to sell the building ... International Capital Plaza has 41,493 sq metres in office space and 14,402 sq metres in retail space. ARA Asset Management bought the building for US$176 million in 2011. The firm sold Nanjing IFC ...

    http://www.scmp.com/property/hong-kong-china/article/1571925/li-linked-firm-sells-shanghai-building-15b-yuan
  3. Property - Hong Kong & China - RESIDENTIAL

    Hang Lung to build luxury homes next to its malls, office towers

    Posted Aug 05th 2014, 04:00pm by Sandy Li

    ... it is hard to commit any fatal mistakes, as these kinds of projects are in the heart of the city." But Hang Lung would not build stand-alone residential projects, he said. The company has a land ...

    http://www.scmp.com/property/hong-kong-china/article/1566212/hang-lung-build-luxury-homes-next-its-malls-office-towers
  4. Property - Hong Kong & China - CONCRETE ANALYSIS

    Land premium uncertainty discourages building of footbridges

    Posted Jul 28th 2014, 02:27pm by Alnwick Chan

    ... or causes landlords to hesitate before building is a footbridge connection. Footbridges that link buildings are open to the public. Since the 1990s, one of the bases for assessing the land premium ... be astronomically high. This has deterred many landlords from building footbridge connections. For instance, the construction of a footbridge may generate an additional 10 per cent in pedestrian traffic ...

    http://www.scmp.com/property/hong-kong-china/article/1558953/land-premium-uncertainty-discourages-building-footbridges
  5. Property - Hong Kong & China

    Hong Kong home prices stay firm on high building costs, strong demand

    Posted Jul 26th 2014, 01:38am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com New private housing supply seen reaching 8-year high of 73,000, near government target Prices stay firm on high costs, strong demand High construction costs and strong demand are seen keeping property prices high although ne ...

    http://www.scmp.com/property/hong-kong-china/article/1559391/hong-kong-home-prices-stay-firm-high-building-costs-strong
  6. Property - Hong Kong & China - BRICKS & MORTAR

    SHKP to build on sites where Housing Society deemed project too costly

    Posted Jul 14th 2014, 11:29am by Yvonne Liu

    ... it can profitably build on sites where the Housing Society abandoned a residential project for the elderly as being too expensive. Sun Hung Kai Properties snapped up two sites in Tin Shui Wai ... in the building sector, the society estimated the construction cost would have at least doubled from its forecast of HK$4.6 billion in 2008. However, SHKP deputy managing director Victor Lui Ting said ...

    http://www.scmp.com/property/hong-kong-china/article/1553911/shkp-build-sites-where-housing-society-deemed-project-too
  7. Property - Hong Kong & China

    China's Wanda to build US$900m five-star complex in Chicago

    Posted Jul 10th 2014, 04:56am by AFP

    ... will be the city's third tallest building with a height of 350 metres, the company said in a statement. It will be a mixed-use development consisting of a 240-room "super five-star" hotel, ...

    http://www.scmp.com/property/hong-kong-china/article/1550644/chinas-wanda-build-us900m-five-star-complex-chicago
  8. Property - Hong Kong & China - DESIGN

    Preserving the past in new buildings is back in fashion

    Posted Jul 09th 2014, 05:02am by Peta Tomlinson

    ... Peta Tomlinson peta.tomlinson@scmp.com Adaptive reuse is taking off, allowing developers to cut down on waste, retain a building's character and even save money on construction costs Repurposing buildings lays foundation for preservation Giving new life to old buildings is one thing, but if it is not useful in the end, it will not be sustainable- and even buildings need to pay ...

    http://www.scmp.com/property/hong-kong-china/article/1549716/preserving-past-new-buildings-back-fashion
  9. Property - Hong Kong & China - DEVELOPMENT

    Ghost buildings haunt Tianjin's 'Manhattan' project

    Posted Jul 02nd 2014, 04:49am by BLOOM

    ... Bloomberg in Beijing Failure to attract tenants underscores the fallout from a record credit-fuelled investment spree Ghost buildings haunt Tianjin's Manhattan The mainland's plan to build a replica Manhattan is taking shape against a backdrop of vacant office towers and unfinished hotels, underscoring the risks to a slowing economy from the investment boom. ...

    http://www.scmp.com/property/hong-kong-china/article/1544384/ghost-buildings-haunt-tianjins-manhattan-project
  10. Property - Hong Kong & China

    Hong Kong chief executive urged do more on land supply and ease building costs

    Posted Jun 30th 2014, 01:41am by Peggy Sito

    ... to enhance the use of precast technology to build homes in order to control rising construction costs. Following the release of Leung's report card on his second year, challenges that lie ahead ... agreement. Buyers of pre-sale new-build flats therefore have up to 36 months to sell their first property. "The modification sent a signal that the government would not issue more measures. ...

    http://www.scmp.com/property/hong-kong-china/article/1543252/hong-kong-chief-executive-urged-do-more-land-supply-and

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