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  • July 14, 2014
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  1. Overseas Chinese return to go shopping for flats

    Posted Sep 17th 2003, 12:00am by Sandy Li

    ... to property agents. 'This group of potential home buyers accounted for about 5 per cent of our total transactions,' said Terence Tong Ping-ching, director of Centaline Property Agency. An increasing number of Centaline's clients who had returned from Australia, Britain and the United States had been shopping around for quality projects since July, he said. Given the strong ...

  2. Retail property prices near 1997 levels

    Posted Dec 10th 2003, 12:00am by Peggy Sito

    ... suggest early signs of a recovering market for retail property. According to Centaline Property Agency, 2,179 properties changed hands in the first 11 months- the highest volume since 1997. ... Peggy Sito Sales prices for shops along main streets have almost returned to levels seen during the 1997 property peak, suggesting the retail property sector is picking up strongly. ...

  3. Agency doubles commission fees

    Posted Jul 30th 2003, 12:00am by Sophia Wong

    ... Centaline Property Agency, one of the biggest local real-estate brokerages, has doubled its commission charges to offset a decline in revenue caused by a fall in the number of property transactions. Some Centaline branches recently posted notices indicating brokerage fees would be at least 2 per cent of the transacted property value, or no less than HK$15,000 per deal, the agency ...

  4. Property agencies on expansion trail

    Posted Oct 09th 2003, 12:00am by Peggy Sito

    ... than $300 million in a single month. Centaline Property Agency's commission income for last month was $130 million, a third of its 1997 level, but was the highest the company had seen ... Increase in sales offices and staff comes amid more home buying and higher returns Hong Kong property agencies are planning to expand their outlets for the first time since the peak ...

  5. Property transactions forecast to top 7,500

    Posted Jul 29th 2003, 12:00am by Peggy Sito

    ... Centaline Property Agency said total transaction values were expected to grow 21.6 per cent to $14 billion this month, compared with $11.51 billion achieved last month. Nearly 1,000 apartments ... Property transactions registered this month are expected to reach more than 7,500, the highest monthly volume this year, according to property agents. Sales in the primary and secondary ...

  6. Home financing a challenge but having a local connection helps

    Posted Aug 22nd 2003, 12:00am by Kelvin Chan, Ravina Shamdasani

    ... were already using other financing methods to buy homes. Centaline Property general manager Stanley Poon Chi-ming said many had partners, friends or other investment vehicles in Hong Kong ... Agents say HK-based partners and investment vehicles are often used With property developers increasingly seeing mainlanders as a source of income, a question is being raised: how would ...

  7. Property sector pins hopes on Cepa deal

    Posted Jun 30th 2003, 12:00am by Staff Reporter

    ... Property analysts have hailed the Closer Economic Partnership Arrangement (Cepa) as promising a significant boost for the stagnant market for luxury residential sales. Centaline Property ... between $10 million and $20 million declined by 5.9 per cent. Centaline estimated in the first half of the year there were 13 transactions of properties worth more than $30 million each, compared ...

  8. Flat-sales outlook starts to brighten

    Posted Aug 06th 2003, 12:00am by Peggy Sito, Sandy Li

    ... of the gradual drop in the completion of new flats. Centaline Property Agency chairman Shih Wing-ching said the government in October could ease restrictions on construction period allowing them ... government-subsidised flat since 1997, said Centaline Property analyst Wong Leung-sing. The latest one was the nine-point stimulus package announced in November. Goldman Sachs (Asia) analyst Ting Chuk-kwan ...

  9. SeaBee House

    Posted Nov 19th 2003, 12:00am by Tang Chung Him

    ... Tang Chung him SeaBee House Headland Village Phase 3 SeaBee Lane Discovery Bay For sale: $23.8 million Centaline Property This beautifully appointed three-storey detached house of 5,168 sqft has five bedrooms, all with en suite bathrooms and built-in closets. The living room and the master bedroom have working fireplaces. Totally renovated, the property has a private open area ...

  10. Best of beach and city life at Louisette

    Posted Aug 27th 2003, 12:00am by Staff Reporter

    ... square feet. The properties feature separate living and dining rooms set on two levels, and three bedrooms. These properties are for sale by public tender and are managed by Centaline Property ...




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