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  • August 21, 2014
  • Last updated: 10:57am
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  1. News - Hong Kong - PROPERTY

    Nervous investors in Apex Horizon hotel suites seek police help

    Posted Feb 25th 2013, 12:00am by Stuart Lau

    ... Stuart Lau stuart.lau@scmp.com Apex Horizon buyers want developer to clear their doubts and defer contract deadline Nervous hotel suite investors seek police help Four buyers who "trusted Li Ka-shing" and paid deposits for suites in Cheung Kong's controversial hotel project appear to have had second thoughts and turned to the police for help. Between them ...

  2. Business - Money - PROPERTY

    Former SHKP chairman Walter Kwok said to be seeking back-door listing

    Posted Aug 11th 2014, 11:33am by Sandy Li

    ... developer SHKP, announced that it had reached "an amicable agreement regarding the treatment of the family's interests" in the HK$317 billion firm. Alfred Lau, a property analyst ... HK$10 billion. "Otherwise, it may not need listed status, as the cost of borrowing remains low," Lau said. A spokesman for Kwok said he had no plans to seek a listing but confirmed ...

  3. News - Hong Kong - PROPERTY

    Factory dwellers appeal for inclusion in Community Care Fund subsidy

    Posted Jul 08th 2013, 12:00am by LO WEI, Stuart Lau

    ... Care fund chiefs hear plea for help, while others seek shorter wait for public flats and property agents protest at downturn Despite measures to cool the property market and help poor people since last July, housing remains a severe social problem for Chi ...

  4. News - Hong Kong - PROPERTY

    Apex Horizon hotel use under scrutiny

    Posted Feb 27th 2013, 12:00am by Joyce Ng, Stuart Lau and Paggie Leung

    ... Joyce Ng, Stuart Lau and Paggie Leung Lands Department gets tough on Apex hotel project, saying officers will be keeping an eye on its use and will not hesitate to take action Patrols to check on hotel use The Lands Department has threatened to take legal action if it finds buyers of Cheung Kong's controversial hotel project living in the units. The warning came as 95 per ...

  5. Property - Hong Kong & China - PROPERTY

    Developers’ cash flow hit by delays in home loan approvals

    Posted Jun 12th 2014, 10:56am by SANDY LI AND LANGI CHIANG

    ... as cash flows dry up. Alfred Lau, a property analyst at Bocom International, said developers' cash flow is expected to drop by 10 to 15 per cent, which can aggravate the difficulties of small ... for property sales this year," she said. Lau estimated that listed mainland developers could collect only three months' worth of the outstanding sales proceeds in the first half of the year. ...

  6. News - Hong Kong - PROPERTY

    Property stamp duty concessions fail to impress lawmakers

    Posted May 13th 2014, 11:37pm by FANNY FUNG, Sandy Li, Tanna Chong

    ... Ping-kwong said it would not boost sales. Buggle Lau Ka-fai, chief analyst of Midland Realty, said it would encourage developers to speed up the sale of new projects. ...

  7. Property - Hong Kong & China - PROPERTY

    Home price declines hit development site values

    Posted Apr 14th 2014, 05:17am by Sandy Li

    ... "For years in Hong Kong, it's been exceedingly rare to see sites changing hands for less than construction cost," said Alfred Lau, a property analyst at Bocom International. He said ...

  8. Business - Companies - PROPERTY

    SHKP fundraising to boost land bank

    Posted Feb 28th 2014, 05:27pm by Sandy Li

    ... and this means each of them would have to fork out more than HK$3 billion to subscribe to the warrants. Alfred Lau, a property analyst at Bocom International, said the company would not receive ... for two years," Lau said, pointing out the Kwok family might also exercise the warrants earlier if the developer needed fresh funds. ...

  9. Property - Hong Kong & China - PROPERTY

    Hong Kong developers' profit margins squeezed

    Posted Mar 07th 2014, 01:12am by Sandy Li

    ... in Siu Sai Wan, bought by Sino Land in 1997 for HK$11.82 billion, on which it built Island Resort. SHKP said last week the Ho Man Tin project would be released for sale this year. Alfred Lau ...

  10. News - Hong Kong - PROPERTY

    Controversial property stamp duty bill moves one step closer to passage

    Posted Feb 20th 2014, 12:22pm by Amy Nip and Tanna Chong

    ... analyst Buggle Lau Ka-fai said second-hand sales had remained below 3,000 for four consecutive months, a trend expected to continue for this month. "Never have we seen so few transactions of second-hand flats for a prolonged period," Lau said. "That would be the worst since 1996, when property transactions were divided into new and second-hand categories." "The passing ...




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