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  • July 31, 2014
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  1. News - China - EXPLOSION

    One injured as explosion hits Xining airport car park in Qinghai

    Posted Jul 15th 2014, 03:05pm by Keira Lu Huang

    ... Keira Lu Huang keira.huang@scmp.com An explosion rocked the car park of Xining’s main airport today, state media reported. One person was injured by shrapnel, according to the authorities. ... and armed police are now conducting further investigation. The explosives were concealed in a rubbish bin at the corner of the car park, according to the China Youth Daily. A person surnamed Bao ...

  2. News - Hong Kong - PROPERTY

    Hong Kong parking space prices zoom to record

    Posted Nov 26th 2012, 12:00am by Ray Chan

    ... the 1997 property bubble. Some owners of parking slots are reselling newly acquired spaces for profits of up to HK$300,000. Li Ka-shing's flagship developer, Cheung Kong, sold 514 car parks ... dealership, said the high prices of parking spaces underscored a policy failure that resulted from the government not extending the additional stamp duty charged on residential property to car parking ...

  3. Charging launched- and it's free, for now

    Posted Nov 10th 2009, 12:00am by Staff Reporter

    ... Cheung Plaza car park in Wong Tai Sin and Wilson Parking's Fu Shing Building car park in Yuen Long yesterday. In the first phase of CLP's charging network installation plan, 21 stations will be set up by the end of this year. Five are in car parks managed by The Link and seven in car parks managed by Wilson Parking. Both The Link and Wilson Parking are also offering owners ...

  4. Bankers cool to Sino Land reit plan

    Posted Feb 17th 2006, 12:00am by Staff Reporter

    ... an aggressive developer, last year owned 4,224 parking spaces, or 1.56 million square feet, according to its annual report. The company's car-parking spaces accounted for about 17 per cent of its ... the developer wants to cash in on the fashionable investment vehicles, hoping to tap the market for US$300 million to US$500 million and indicating to investment banks that car-park assets- rather than ...

  5. Business - Money

    Hong Kong property sales up 6 per cent in 2012

    Posted Jan 01st 2013, 12:00am by Sandy Li

    ... and car-parking spaces, amounted to 115,504 in 2012, up 6.14 per cent from the 108,814 deals conducted in 2011. The agency forecast total transaction value for 2012 will show a 10.56 per cent year-on-year ...

  6. Bikers to get more parking spaces

    Posted Nov 15th 2007, 12:00am by Staff Reporter

    ... Eva Wu The government plans to provide 1,000 more parking spaces for motorcycles in the next 12 months. It is considering converting space in multi-storey car parks for motorcycles. Although the number of spaces has increased by 2,100 in the past two years, districts like Wan Chai, Kowloon City and Yau Tsim Mong do not have enough for daytime use. The situation is particularly ...

  7. The Link to compensate for car spaces

    Posted Dec 03rd 2009, 12:00am by Agnes Lam

    ... Agnes Lam The Lands Department is handling 15 applications for short-term waivers submitted by The Link Management regarding car parks in public housing estates, Secretary for Transport and Housing Eva Cheng told legislators yesterday. The Link needs waivers to rent parking spaces to non-residents, and in October it offered HK$7.15 million for unpaid waiver fees. ...

  8. Revitalisation of Repulse Bay building urged

    Posted Dec 19th 2008, 12:00am by Olga Wong

    ... development. Non-profit organisation Designing Hong Kong has suggested turning half of the car park next to the building, originally an open space, back into a space for public enjoyment. Architect Vincent Ng Wing-shun said half of the existing car park could be used to accommodate coaches for tourists, while the other half could be made into a green space with trees and grass. The group ...

  9. Case argued for supermarket at Li Ka-shing's HQ

    Posted Nov 08th 2011, 12:00am

    ... to convert 78 car park spaces at the Cheung Kong Center in Central into a supermarket. Turbo Top, registered owner of the land at the junction of Queen's Road Central and Garden Road, argued in the Court of First Instance that the Town Planning Board misused its power in requiring the company to keep 800 public car park spaces under a rezoning plan. The company, which has Hutchison ...

  10. Stretching the truth

    Posted Nov 01st 2009, 12:00am by Daniel Jeffreys

    ... floors of car parking space, all of which is exempt from the gross floor area of the property. The developer then sells or leases the parking spaces without paying a premium. Conservative estimates suggest that this stunt has given developers windfall profits in excess of HK$50 billion. The government should act. One sensible suggestion is that any car park above ground level should ...




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