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  • November 24, 2014
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  1. Homebuyers return despite uncertain economy

    Posted Apr 01st 2009, 12:00am by Peggy Sito

    ... was triggered by a growing belief among buyers that although prices might continue to fall modestly, the end might be in sight to the steep trend decline in property values of the past few months. And in addition to those buying for own use, there was evidence that long-term investors had also begun re-entering the market, they said. Centaline Property Agency said 6,354 property deals were closed ...

  2. Government urged to force banks to give loans to businesses

    Posted Nov 03rd 2008, 12:00am by Staff Reporter

    ... Fanny W. Y. Fung The government should pressure or even force banks to lend cash to businesses, a member of the chief executive's new economic taskforce proposed yesterday. Shih Wing-ching, who is also the chairman of Centaline property agency, said reforming rules governing financial institutions would help companies survive the tough economic climate. 'The government ...

  3. Revamped Wylie Court units selling at premium

    Posted Mar 04th 2009, 12:00am by Yvonne Liu

    ... at Centaline Property Agency. Mr Ng said flats in Block A were bigger than those in the other blocks, and buyers would also have the benefit of better appliances in their kitchens and bathrooms. Units ... than that in projects completed in recent years. Stanley Wu, a district manager at Ricacorp Properties, said asking prices for flats at the five-year-old Parc Palais in the same district ranged ...

  4. E2-Capital plans to spend $400m on luxury housing

    Posted Jul 13th 2005, 12:00am by Staff Reporter

    ... building would have a better value,' he said. According to Centaline Property Agency, second-hand units near Grampian Road, such as The Boomsville, were priced at an average of $7,000 per sq ... to transform itself into a key property player, executive co-chairman Fung Ka-pun said yesterday. The company has purchased No21 Grampian Road and expects to complete the acquisition of two ...

  5. Estate agents win deal

    Posted Nov 02nd 2010, 12:00am by Paggie Leung

    ... the industry's development trend as the property agency business between Hong Kong and the mainland has surged. It will facilitate our operations,' said Sherman Lai Ming-kai, chief executive of the Centaline Group. He said it might now be easier for local agents to get a mainland licence, as the existing exam was too hard. ...

  6. New World's Grandiose units fetch $1b in sales

    Posted May 09th 2005, 12:00am by Toh Han Shih

    ... higher than those of similar properties last year, he said. The 380 units are estimated to have fetched about $1 billion. Louis Chan, executive director of Centaline Property Agency, said ... property and willing to accept price increases,' he said. 'It's a good result compared with recent Hong Kong property sales, given the rise in prices.' About 60 per cent ...

  7. 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 ...

  8. Recession changing mix of street-front tenants

    Posted Jan 07th 2009, 12:00am by Staff Reporter

    ... considerable market share and therefore did not need to expand. Falling rentals provided an ideal opportunity for tenants looking to expand, he said. Midland Realty and Centaline (CIS) Property Agency ... and increasing vacancies provide more options for those eyeing expansion or starting up new businesses,' said Raiky Wong Wai-kei, a director of Centaline (CIS) Property Agency's retail ...

  9. Building assets for clients

    Posted Feb 25th 2011, 12:00am by John Cremer

    ... officer HK$14,000 to HK$20,000 Five to eight years Leasing officer HK$10,000 to HK$12,000 Two to five years Property officer HK$10,000 to HK$12,000 Two years or more Source: Centaline Human ... is in helping clients maximise the value of the built assets in their property portfolios,' says Chris Perry, a Hong Kong-based partner with EC Harris. 'That includes advising on operations, ...

  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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