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  1. Enthusiasm counts as a key property in Centaline approach

    Posted Jun 11th 2004, 12:00am by Felicity Glover

    ... Salespeople are an essential part of the business - and success - of Centaline Property Agency, one of Hong Kong's leading real estate players. A strong supporter of the prestigious ... last year generated more than $3 million from retail property sales, making her one of the top two earners for Centaline. 'You are looking for a long-term relationship, building up ...

  2. Centaline expects sales of flats to hit 120,000

    Posted Nov 22nd 2004, 12:00am by Peggy Sito

    ... according to a property agent. Centaline Property Agency yesterday said transaction volume was likely to be 37 per cent higher than last year's 87,309 deals. The total number of transactions recorded in 1997 was 205,461 and 111,489 in 1998. Transaction volumes have been falling ever since. In value terms, Centaline Property Agency senior research manager Wong Leung-shing said ...

  3. Centaline sees residential deficit by as early as 2006

    Posted Jul 23rd 2004, 12:00am by Staff Reporter

    ... Ernest Kong The supply of new residential property could fall short of demand by as soon as 2006, according to a report by Centaline Surveyors. The surveying arm of Centaline Property ... government is likely to be more active in levelling residential supply with demand,' said Mr Lai. Centaline projects property prices will increase by about 8 per cent this year and by another 10 ...

  4. Fewer flats not expected to hurt market

    Posted Oct 27th 2004, 12:00am by Peggy Sito

    ... Peggy Sito A housing shortage in Hong Kong is unlikely even though relatively few new projects will be completed in the next three years, according to Centaline Property Agency. The agency ... for sale,' Centaline senior research manager Wong Leung-shing said. Mr Wong, who expected home prices to rise sharply, yesterday said: 'The price rise will rely on economic growth ...

  5. Remote location hampers demand for prestige homes

    Posted Feb 18th 2004, 12:00am by Stephen Seawright

    ... a senior manager of Ricacorp Properties. Ian Lim Wai-chuen of Centaline Property Agency said agents were not eager to do business in Shek O due to its remoteness and lack of demand and supply. ... less than one transaction has been made each year since 1995 and most are in Shek O Headland. According to property agencies, some of the prominent houses in Shek O Headland are owned by local ...

  6. Staff empowered as Centaline chief makes mark with Marx

    Posted Sep 11th 2004, 12:00am by Anna Healy Fenton

    ... with Anna Healy Fenton Centaline Property Agency chairman Shih Wing-ching is singular among Hong Kong bosses in that he believes in sharing the agency's profits with its staff. ... business is included, Centaline as a group is the larger company.' Both have other agencies under their umbrellas. Centaline acquired Ricacorp properties in late 2001. 'It wasn't ...

  7. Flat sales at 5-month low

    Posted Jun 01st 2004, 12:00am by Staff Reporter

    ... Residential sales in May fell to their lowest level in five months, with the cooling being blamed on high prices and the unclear economic outlook. Sales of new flats fell 34 per cent month-on-month to just 1,020 transactions, according to Centaline Property Agency. Full report- B1 ...

  8. Auction plan prompts price rises

    Posted Sep 08th 2004, 12:00am by Staff Reporter

    ... for the land in Ho Man Tin, formerly the site of the Tin Kwong Road Police Married Quarters. Sandia Lau, a director of Centaline Property Agency, said some sellers in Ho Man Tin had postponed selling ... sold for $16.6 million. Centaline Property Agency district manager Alfred Tsang Sik-kwan said a similar unit without a parking space had sold at the weekend for $15.6 million. 'The ...

  9. Local developers spread wings to hinterland

    Posted Dec 03rd 2004, 12:00am by Peggy Sito

    ... according to property agents. In the first 11 months of this year, Hong Kong developers spent 4.47 billion yuan acquiring mainland sites in public auctions, according to Centaline China, a unit of Centaline Property Agency. The acquisitions include Hutchison Whampoa's 2.13 billion yuan purchase of a 690,701 square metre site in Chengdu and small developer Cheuk Nang Properties' 202 ...

  10. Indemnity for 'haunted flat' buyer

    Posted Nov 13th 2004, 12:00am by Staff Reporter

    ... was not entitled to the return of the deposit itself, but ordered Centaline Property Agency to pay him an equal sum in compensation. Mr Yu said Centaline's agent failed in his duty when he assured Mr ... entitled to keep his money. Mr Recorder Yu dismissed Centaline's counterclaim for $200,000, representing the buyer's and seller's commission to the agency. Mr Shum had earlier told ...




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