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  • September 23, 2014
  • Last updated: 4:21pm
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  1. Few bidders for former quarters

    Posted Mar 06th 2010, 12:00am by Yvonne Liu

    ... in the luxury residential market. The growth in prices there has not been substantial in last few years,' he said. According to Centaline Property Agency, property prices of nearby Caldecott Hill ... means only 46 flats and 46 car parking spaces are included in the tender put out by the Government Property Agency. This in turn means the winning bidder will have to get consent from the two ...

  2. Property - Hong Kong & China - PROPERTY

    Cash-strapped mainland developers delaying commissions to property agents

    Posted Jun 13th 2014, 10:47am by SANDY LI AND LANGI CHIANG

    ... Sandy Li and Langi Chiang Delayed payment of commissions by developers comes as agencies on the mainland are hit hard by falling revenues amid a market downturn Long wait for fees takes toll on agents Mainland property agents are reeling from a double whammy, as cash-strapped developers fail to pay them commissions for marketing and ancillary services at the same time ...

  3. Centaline sees red as sales hit wall

    Posted Feb 04th 2006, 12:00am by Peggy Sito

    ... Peggy Sito Overexpansion and shrinking transaction volumes left property agencies in the red in the fourth quarter of last year, according to the chairman of Centaline (Holdings). Shih Wing-ching said the group's property agency faced a 'significant' loss in the quarter as commission income fell sharply. The group owns Centaline Property Agency, one of the biggest ...

  4. Property - Hong Kong & China - HONG KONG

    Agencies put expansion on hold as flat sales fall

    Posted Nov 14th 2012, 12:00am by Yvonne Liu

    ... the current situation won't last long. We've seen an increase in potential buyers visiting flats over the last few days," he added. Centaline Property Agency has taken the same steps ... since the release last month of another round of measures aimed at cooling the the property market forced property agencies put their expansion plans on ice. Research by agency Midland Realty ...

  5. Centaline agents jailed for up to 40 months

    Posted Jun 18th 2008, 12:00am by Staff Reporter

    ... Chandra Wong Three former top sales agents of Centaline Property Agency who conspired to secure deals with more than HK$1.6 million in kickbacks were jailed yesterday for terms ranging ... Former Li & Fung general manager Ho Wai-jon, who accepted HK$800,000 in kickbacks from the property agency, was jailed for 36 months yesterday. The judge said Chan, one of Centaline ...

  6. HK home prices rise 13pc in first six months

    Posted Jul 04th 2011, 12:00am

    ... Home prices at large housing estates in Hong Kong rose 13 per cent in the six months to June 26, according to Centaline Property Agency. Its measure of mass home prices at 73 large housing estates climbed to 96.29, up from 85.22 on December 26, according to the agency. ...

  7. Property deals expected to rise 30pc over holiday

    Posted Oct 02nd 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu National Day holiday fever is expected to reignite the Hong Kong property market over the next 11 days. Centaline Property Agency executive director Louis Chan Wing-kit said ... Properties recorded 356 deals from September 21 to 27, a fall of 8.7 per cent from a week earlier. David Chan Tai-wai, a director of the firm, said the fall in transactions was because home-seekers ...

  8. News - Hong Kong - PROPERTY

    Agent for 'rubbish-dump' Mid-Levels flats fined HK$244,000

    Posted Oct 13th 2012, 12:00am by Joyce Ng

    ... after issuing misleading promotional materials for "rubbish dump" flats. In addition Chow Kwok-hung, a member of staff of the agent, Centaline Property Agency, was fined HK$10,000 ... not vetted Centaline's leaflets. The watchdog requires property agents to use promotional materials that are endorsed by the developer. ...

  9. Property agencies' incomes double

    Posted Jul 01st 2009, 12:00am by Staff Reporter

    ... It also beat the HK$363 million achieved in the first half last year. Louis Chan Wing-kit, the managing director for residential department at Centaline Property Agency, said commissions from ... Wai-keung, a managing director at Ricacorp, said the agency planned to increase the number of outlets to 90 from 82 and hire another 150 staff. Centaline said it reopened eight outlets and hired 400 ...


    Posted Jun 08th 2012, 12:00am

    ... Credit tightening in China has led to fewer mainlanders buying real estate in Hong Kong. In the first quarter, 10.6 per cent of individual homebuyers were from the mainland, down 3.8 per cent quarter-on-quarter, says Centaline Properties. Mainlanders accounted for 3.3 per cent of sellers, similar to the previous quarter. Centaline says rising property prices is likely to prompt ...




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