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  • July 11, 2014
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  1. Business - Companies - BONUSES

    Red-hot property market brings windfall for estate agency staff

    Posted Feb 02nd 2013, 12:00am by Peggy Sito

    ... property agencies, which gave their non-sales staff up to 50 months' salary. Centaline Property Agency gave its staff bonuses of between five and 50 months' pay, depending ... were not available yesterday to disclose its bonuses for last year. However, not all property agencies have been giving out large bonuses. Luke Ng, the chief executive of Century 21st, said its ...

  2. Centaline launches recruitment drive

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

    ... Jan Chan Expecting continued steady growth in a vibrant local real estate market, Centaline Property Agency intends to hire at least 200 new employees to cope with demand. In particular, ... a sales team,' Lai says. Hot property Experience in the property sector is an advantage, but not essential The Centaline Institute offers new recruits job training, industry knowledge ...

  3. Centaline sues over sale of Tony Chan's home

    Posted Nov 14th 2009, 12:00am by Staff Reporter

    ... Yvonne Tsui Centaline Property Agency is suing a company that entered into a deal to buy fung shui master Tony Chan Chun-chuen's luxury house on The Peak in July this year after the HK$230 million deal failed. It is claiming HK$4.6 million in damages. The property - House No3 at Severn 8 - was among properties Chan sold this year while he fought a court battle over ...

  4. Centaline to branch out in Taiwan and Singapore

    Posted Dec 08th 2010, 12:00am by Yvonne Liu

    ... Centaline Property Agency plans to expand its property brokerage business in Taiwan and Singapore. The first branch in Taiwan's Zhongzheng district will open in the middle ... Sherman Lai Ming-kai, chief executive of Centaline Group. 'His proposal mentioned positive factors such as the strong property sales and surging prices this year. More mainlanders will go ...

  5. Band leader drums up ideas for new Centaline image

    Posted Aug 03rd 2005, 12:00am by Peggy Sito

    ... Peggy Sito Centaline Property Agency managing director Addy Wong Wai-hung has a major challenge before him: reinventing the public image of one of Hong Kong's biggest property ... to give to the poor. The agency is also involved in career promotion. Next month, Centaline will be working with the Education and Manpower Bureau to arrange talks on the estate agent industry ...

  6. Property - Hong Kong & China

    Property agents threaten SouFun boycott over rising fees

    Posted Jun 19th 2014, 12:55am by Peggy Sito

    ... transactions through its platform. "That changes our relationship from partners to rivals," said Alan Cheng, the managing director of Centaline Property Agency's Shenzhen branch. ... Peggy Sito in Shenzhen peggy.sito@scmp.com Centaline and alliance partners cry foul over increasing charges for listings on the property website while the market continues to slump Agents ...

  7. Property - Hong Kong & China - PROPERTY

    Centaline Property downsizes in Shanghai amid sales slowdown

    Posted May 14th 2014, 01:23am by Reuters

    ... Reuters in Hong Kong Centaline downsizes in Shanghai amid slow sales Shanghai's top real estate agent has been forced to downsize, hurt in part by a delay in commission payments from property developers in a market facing increasing liquidity pressure and a slowdown in sales. Hong Kong-based Centaline Property, which has about 470 branches in Shanghai, said it had imposed ...

  8. Verdict good for property sector, says Centaline chief

    Posted Jun 04th 2008, 12:00am by Staff Reporter

    ... faced intense pressure from unscrupulous buyers to offer advantages, their boss said yesterday. Centaline Property Agency chairman Shih Wing-ching said the offences had arisen from low awareness ... on something that they commonly did.' Solicitor and legislator James To Kun-sun explained it was illegal for a party to the transaction to accept advantages from the property agency because ...

  9. Centaline ex-official admits to kickbacks

    Posted Apr 15th 2008, 12:00am by Staff Reporter

    ... Yvonne Tsui A former director of Centaline Property Agency admitted offering more than HK$1.6 million in kickbacks to a manager to secure deals on three properties, a court heard ... advantages, by having offered HK$1.68 million in commissions to Ho Wai-jon, general manager of Li & Fung (Trading), for Ho requesting Centaline to handle three property transactions. Prosecutor Ho ...

  10. False advertising costs Centaline branch $100,000

    Posted Jul 27th 2005, 12:00am by Chloe Lai

    ... Legislator calls for tougher penalties for bogus claims A Sha Tin branch of Centaline Property has been fined $100,000 for maladministration and using misleading advertising. The branch ... investigation found that while the branch was the only property agency with an office at the residential estate, it did not have exclusive rights on transactions. The fine was imposed last month. One ...




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