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  • July 23, 2014
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  1. Big quake raises fears over illegal rooftop shanties

    Posted May 30th 2008, 12:00am by Fox Yi Hu

    ... buildings where top-floor owners have the right to the rooftop directly above them, although they are not allowed to build on the site. Rico Kwok, executive director of Centaline property, said ... rooftop shacks in the city. Property agents say thousands of illegal homes stand on numerous buildings in old neighbourhoods. 'These structures are everywhere,' Raymond Chan, a manager ...

    http://www.scmp.com/article/639569/big-quake-raises-fears-over-illegal-rooftop-shanties
  2. Agency-employer collusion is maids' main problem

    Posted Jun 21st 2005, 12:00am by Staff Reporter

    ... problem - not discussed so far - is employment agencies. Most agencies charge helpers an exorbitant placement fee, and there is collusion between them and the employers. When I arrived in Hong Kong in 1999, I paid the agent $12,000 - I am sure they charge much more now. Agencies are to blame for the underpayment of Indonesian helpers. They help and give advice to employers, ...

    http://www.scmp.com/article/505336/agency-employer-collusion-maids-main-problem
  3. Tighter lending expected to hit property sales

    Posted Jan 07th 2010, 12:00am by Sandy Li

    ... Sandy Li The mainland is expected to tighten lending for the purchase of second homes as it imposes tougher measures to rein in soaring property prices, a move that agents believe could ... of second homes and curb speculative housing investments'. Although the statement on his ministry's website gave no further details, both the equity and property markets reacted negatively ...

    http://www.scmp.com/article/703005/tighter-lending-expected-hit-property-sales
  4. Property selling despite curbs, agents say

    Posted Nov 21st 2010, 12:00am by Ada Lee, Charlotte So

    ... the government measures mainly targeted speculative trading, and there was still strong demand from end users. Simpson Lo, associate director for western Mid-Levels at Centaline Property, said ... Charlotte So and Ada Lee The Hong Kong government's new cooling measures may curb short-term property speculation in the medium to lower end of the market, but its effect on luxury ...

    http://www.scmp.com/article/731130/property-selling-despite-curbs-agents-say
  5. HK sellers cut prices amid crisis in Japan

    Posted Mar 23rd 2011, 12:00am by Sandy Li

    ... comes after prices in the estate jumped more than 40 per cent in the past two years. Man Lai, manager at Centaline Property Agency's Sha Tin branch, said: 'In a quiet market, sellers ... over market sentiment in Hong Kong. Secondary home sales here fell nearly 30 per cent last week, according to data compiled by estate agency Ricacorp Properties. The dent to buyer confidence ...

    http://www.scmp.com/article/741711/hk-sellers-cut-prices-amid-crisis-japan
  6. Secondary sales plunge as buyers baulk at high values

    Posted May 12th 2004, 12:00am by Sandy Li

    ... Centaline Property Agency executive director Terence Tong Ping-ching believed these were isolated cases. 'There are no signs that investors are planning to unload their properties on a large ... Transactions in the secondary residential market have plunged by up to 50 per cent this month, confirming fears of a seriously dampened enthusiasm for buying houses. Property agents said ...

    http://www.scmp.com/article/455334/secondary-sales-plunge-buyers-baulk-high-values
  7. Tsang names crack financial crisis taskforce

    Posted Oct 29th 2008, 12:00am by Ambrose Leung

    ... with a commercial background include Victor Fung Kwok-king, chairman of the Li & Fung group, and Shih Wing-ching, chairman of Centaline property agency. Mr Tsang denied Mr Woo's appointment ... of Standard Chartered Plc Margaret Leung HSBC group general manager and global co-head of commercial banking Shih Wing-ching Chairman of Centaline property agency Patrick Wang Chairman of Applied ...

    http://www.scmp.com/article/658130/tsang-names-crack-financial-crisis-taskforce
  8. Premium price hinges on 'brand-new' factor

    Posted Oct 15th 2003, 12:00am by Staff Reporter

    ... Horizons, the only secondary market available in Ap Lei Chau, when considering the district. Terence Tong Ping-ching, sales director of Centaline Property Agency, said Sham Wan Towers was selling ... Sham Wan Towers in Ap Lei Chau has to compete with benefits offered by South Horizons Sun Hung Kai Properties' decision to launch Sham Wan Towers in Ap Lei Chau at prices 20 per cent ...

    http://www.scmp.com/article/431138/premium-price-hinges-brand-new-factor
  9. Migration scheme on ice, but mainlanders still buying land

    Posted Sep 11th 2009, 12:00am by Fox Yi Hu

    ... land for casino use, but land applications already filed by casino developers were unaffected. Rico Kwok Chiu-lung, executive director of Centaline Property Agency in Macau, said mainland ... Fox Yi Hu Wealthy mainlanders continue to boost Macau's property sales, despite the popular belief that they had stopped arriving since the suspension of the city's investment ...

    http://www.scmp.com/article/692145/migration-scheme-ice-mainlanders-still-buying-land
  10. Mainland property bust may be about to get a lot worse

    Posted Jun 05th 2008, 12:00am by Tom Holland

    ... 5.8 per cent from their peak last year (see first chart below), with new properties down 8.4 per cent. However, property agency DTZ reports prices were down 10 per cent at the end of the first ... with Tom Holland Everyone agrees the long-term outlook for the mainland's construction and property sectors is rosy. With an urban population that is rapidly growing wealthier ...

    http://www.scmp.com/article/640329/mainland-property-bust-may-be-about-get-lot-worse

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