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  1. Chief aims to make Centaline biggest mainland firm

    Posted Apr 07th 2010, 12:00am by Yvonne Liu

    ... to the mainland in the next 10 to 20 years. Its competition is no longer with large listed local rival Midland Realty only. 'The turnover of Centaline Property Agency has surpassed that of Midland. ... expanding into other cities, that will be a threat to our business as well,' Lai said. Currently, Centaline is the largest property agency in Shenzhen and Tianjin. It also has the largest ...

  2. Hundreds to lose jobs in property agencies

    Posted Oct 15th 2008, 12:00am by Peggy Sito

    ... banks' conservative attitudes on valuations and mortgage approvals were further denting the market. Centaline Property Agency chairman Shi Wing-ching, who recently claimed the local property ... because buyers lacked the capital to complete deals. Ricacorp Property, another property agency unit of Centaline Group, is carrying out an aggressive cost-saving plan. Managing director Willy Liu ...

  3. Confirmor deals up 77pc

    Posted May 13th 2009, 12:00am by Peggy Sito

    ... 94 deals by confirmors, 77.4 per cent more than the 53 deals in March, according to Centaline Property Agency. This was the highest in seven months, it said. The agency expects the number would surpass 100 deals this month. Confirmors are investors who buy a property and resell it before the transaction is completed. It is a measure of short-term speculation. Centaline said ...

  4. Ricacorp unveil plans to seek place on the main board

    Posted Sep 14th 2004, 12:00am by Staff Reporter

    ... outlook and the listing difficulties being encountered by its parent, Centaline Property Agency. Managing director Ivan Ho said the firm, expected to earn more than $50 million this year, aimed ... Ernest Kong The move would see the rivals compete for investor attention as well as sales Hong Kong investors may soon have a choice of property agencies in which to invest as Ricacorp ...

  5. Home sales plunge to five-month low

    Posted Jun 01st 2004, 12:00am by Peggy Sito

    ... of developers and landlords, coupled with economic uncertainty, dampened buying sentiment. Centaline Property Agency estimated that registered sales of first-hand flats valued at less than $20 million ... said he expected the Land Registry to report only about 7,000 deals for this month. Shih Wing-ching, chairman of Centaline (Holdings), which controls Centaline Property Agency, said residential ...

  6. Hot property market is about to get hotter

    Posted Feb 13th 2010, 12:00am by Staff Reporter

    ... Wan. The 829 sq ft flat in Block B of Tung Yuk Court sold for HK$4.89 million in January. Property agency Centaline says it is the highest price for such a flat since the peak of the market ... 'Property prices will definitely exceed the peak in 1997 or may even double it,' Wong Leung-sing, associate director of Centaline's research division, said. He expects the company's ...

  7. Young hopefuls join rush as agents

    Posted Sep 09th 2009, 12:00am by Yvonne Liu

    ... estate agents hit a record high last month. 'The property agency industry is one of the few sectors of the economy that is expanding,' said Shih Wing-ching, the chairman of Centaline Holdings, the owner of one of the city's biggest real estate firms, Centaline Property Agency. But dreams of making quick commissions by selling property can quickly turn into nightmares, some ...

  8. Strong demand for luxury flats in Mid-Levels

    Posted Jul 17th 2009, 12:00am by Staff Reporter

    ... to Centaline property agency. For some people, living close to SoHo and Central is essential for business and entertainment. And the Central-Mid-Levels escalator has made newly built, luxury high-rise ... unit, with views over Victoria Harbour, sold for HK$65 million. The property was valued at HK$24,390 per sqft. The buyer was from the mainland, according to Centaline. Another 2,665 sqft ...

  9. Midland to tap sandwich class with new venture

    Posted Dec 17th 2004, 12:00am by Sandy Li

    ... Sandy Li Midland Realty (Holdings) is to challenge rival Centaline Property Agency in the wealth management business by launching a joint venture to target the sandwich class. Midland ... with surplus money to buy wealth investment products of more than US$1 million. Centaline moved into wealth management last year. Midland chairman Freddy Wong Kin-yip, who is also the controlling ...

  10. New free paper seeks KCR link-up

    Posted May 16th 2005, 12:00am by Norma Connolly

    ... to Centaline's property arm might give the newspaper a chance of success, but Mr Sze insisted that his real estate agencies would pay for advertising in the newspaper like everyone else. 'I think ... Norma Connolly The newspaper, owned by Centaline, could be distributed in train stations and have an initial print run of 100,000 Real estate giant Centaline is in talks with the KCRC ...




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