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  • April 21, 2014
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  1. News - Hong Kong - PROPERTY

    Hung Hom hotel project by Li Ka-shing firm runs into opposition

    Posted Apr 02nd 2014, 03:35am by FANNY FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Hung Hom hotel project runs into opposition A company under tycoon Li Ka-shing's business empire faces resistance from both the government and residents to its plan to convert part of a Hung Hom housing estate into a hotel. The project by Hunghom Bay Commercial Investments, part of Li's Hutchison Whampoa conglomerate, got the thumbs ...

    http://www.scmp.com/news/hong-kong/article/1462706/hung-hom-hotel-project-li-ka-shing-firm-runs-opposition
  2. News - Hong Kong - PROPERTY

    Flats at The Rise in Kwai Chung selling out fast despite HKMA warning

    Posted Sep 08th 2013, 12:00am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com The Rise flats in Kwai Chung selling out fast Buyers snatched up 70 per cent of new flats put up for sale at a Kwai Chung complex yesterday - despite ... stretched from Hung Hom MTR station to the Fortune Metropolis mall where the sale was taking place. The Rise has 402 two- and three-bedroom flats, the former with an average gross floor area of 660 ...

    http://www.scmp.com/news/hong-kong/article/1305913/flats-rise-kwai-chung-selling-out-fast-despite-hkma-warning
  3. Property - Hong Kong & China - PROPERTY

    Cityplaza shopping centre to get HK$100m facelift

    Posted Feb 10th 2014, 04:37am by Sandy Li

    ... to accommodate the facelift. The last renovation of the shopping centre, which opened in 1983, was in 2001. Elizabeth Kok, the retail portfolio director for the mall's owner, Swire Properties, said ... into circulation areas to create a more spacious ambience and enhance the shopping experience," Kok said. Apita, run by Uny, one of the four biggest department store chains in Japan, has been ...

    http://www.scmp.com/property/hong-kong-china/article/1424887/cityplaza-shopping-centre-get-hk100m-facelift
  4. Property - Hong Kong & China - PROPERTY

    Mainland Chinese tourist boom sparking hotel conversions in Hong Kong's residential areas

    Posted Mar 17th 2014, 12:51am by Yvonne Liu

    ... into a hotel with 86 rooms. As the property is in a residential area, some distance from Hung Hom's main shopping area, the retail podium is currently occupied by offices. But it could attract tourists keen to stay at a hotel close to the Hung Hom train station and Tsim Sha Tsui. Meanwhile, Barry Law Lam-wai, the former owner of real estate agency Ricacorp Properties, applied to convert ...

    http://www.scmp.com/property/hong-kong-china/article/1450166/mainland-chinese-tourist-boom-fuels-hotel-rush-hong-kong
  5. Property - Hong Kong & China - PROPERTY

    Developer price cuts entice buyers into HK$20b spending spree

    Posted Mar 06th 2014, 01:19am by Sandy Li

    ... it generated HK$4.5 billion from sales at two projects since November. Chung Chi-lam, a general manager of the developer's property department, said it sold 765 units at the Visionary in Tung Chung, with the most expensive one selling for HK$21.05 million, or HK$15,036 per square foot. It also sold 28 units at its Winfield luxury residential project in Happy Valley for HK$1.3 billion ...

    http://www.scmp.com/property/hong-kong-china/article/1441423/developer-price-cuts-entice-buyers-hk20b-spending-spree
  6. News - Hong Kong - PROPERTY

    Mass rally planned against controversial property market cooling measures

    Posted Feb 24th 2014, 11:44am by Fanny W. Y. Fung and Ng Kang-chung

    ... Fanny W. Y. Fung and Ng Kang-chung Lawmaker urges government to drop loophole that would see flat buyers not having to pay higher duty if purchase is in name of offspring Underage buyers can help parents avoid tax A lawmaker has urged the government to drop a loophole that allows property buyers to avoid higher stamp duty by buying flats in their children's name. The bill ...

    http://www.scmp.com/news/hong-kong/article/1434023/mass-rally-planned-against-controversial-property-market-cooling
  7. Property - Hong Kong & China - PROPERTY

    East Lantau Metropolis seems like 'flight of fancy' to some

    Posted Feb 05th 2014, 05:20am by Peggy Sito, Sandy Li

    ... started running on the Guangzhou-Shenzhen-Hong Kong express rail link, which is scheduled for completion next year. "Will they travel to Tung Chung? Or just shop in Hong Kong's traditional tourist belt such as Tsim Sha Tsui, Mong Kok and the northern New Territories? We need to study more to avoid making mistakes," she said. Secretary for Commerce and Economic ...

    http://www.scmp.com/property/hong-kong-china/article/1420967/east-lantau-metropolis-seems-flight-fancy-some
  8. News - Hong Kong - PROPERTY

    New site for public flats in Tai Po overlaps SHKP project

    Posted Feb 11th 2014, 04:33am by FANNY FUNG

    ... 1,144 flats on 1.97 hectares along Chung Nga Road, to the west of Hong Chi Pinehill Village, under the administration's original blueprint to develop eight sites providing both public ... housing and works committee last month. District councillor Francis Yam Kai-bong voiced concerns about overcrowding, as another site on Chung Nga Road, adjacent to the area under contention, ...

    http://www.scmp.com/news/hong-kong/article/1425417/new-site-public-flats-tai-po-overlaps-shkp-project
  9. News - Hong Kong - PROPERTY

    Young people flood subsidised housing projects

    Posted Jan 19th 2013, 12:00am by NG KANG-CHUNG

    ... Ng Kang-chung kc.ng@scmp.com Two subsidised housing schemes are inundated with applications from the young and single - taking local real estate experts by surprise Young are keenest ... devise a suitable policy to cater for them." But Dr Chung Kim-wah, an assistant professor of Polytechnic University's department of applied social sciences, warned against change, ...

    http://www.scmp.com/news/hong-kong/article/1131194/young-people-flood-subsidised-housing-projects
  10. News - Hong Kong - PROPERTY

    Ring-fence quota of Hong Kong flats for locals, says expert

    Posted Mar 18th 2013, 12:00am by Phila Siu, NG KANG-CHUNG

    ... Phila Siu and Ng Kang-chung Restricting who developers can sell to would help first-time buyers, property guru says Ring-fence flats for locals: expert A veteran player in the property market has called for new clauses in land leases to restrict flat sales to local first-time home-buyers only. Shih Wing-ching, co-founder of Centaline Property Agency, said his proposal would ...

    http://www.scmp.com/news/hong-kong/article/1193167/ring-fence-quota-hong-kong-flats-locals-says-expert

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