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  • July 26, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Okay goes online to fight cooling property market in Hong Kong

    Posted Jun 09th 2014, 03:31am by Sandy Li

    ... commissions starting at 90 per cent," said Louis Chan Wing-kit, managing director of Centaline's residential department. Hong Kong, however, is a different story. Centaline spends about ...

  2. Property - Hong Kong & China - PROPERTY

    Prime rents under pressure as mainland China tourist numbers decline

    Posted May 12th 2014, 02:58am by Peggy Sito, TIFFANY AP

    ... provinces. We saw visitors mainly from Guangdong province,” said general manager of Sun Hung Kai Properties’ leasing department, Maureen Fung Sau-yim. She added that rents in secondary streets ...

  3. Property - Hong Kong & China - PROPERTY

    Home price declines hit development site values

    Posted Apr 14th 2014, 05:17am by Sandy Li

    ... have fallen to that level. The Lands Department announced on Wednesday that a residential site in Tai Wai, Sha Tin, had been sold to Far East Consortium for HK$148 million. That translated ... at the present level. The Lands Department said on Wednesday that a residential site in Shau Kei Wan had been sold to Wing Tai Properties for about HK$434 million, or HK$9,396 per square foot. ...

  4. 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

    ... down from the Planning Department. The department said it was trying to deter similar applications to mix short-term accommodation with housing. It also took into account concerns by residents ... with the Legislative Council's public complaints office. The department says it does not support the application, because of the problems expected to hit the residential floors and the adverse impact ...

  5. News - Hong Kong - PROPERTY

    Outdated licensing law 'behind New Territories land disputes'

    Posted Mar 08th 2014, 02:49am by Ernest Kao

    ... licensees pay as little as HK$100 a year for more than 3,000 square feet, and are allowed to sublet the area. The Lands Department confirmed that "upon the death of a licensee, the licence ... Office would consider the applications on their "own merits", it said. The department gave no time frame for resuming the land. Non-compliance with GLL terms and conditions would ...

  6. 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 ...

  7. Property - Hong Kong & China - PROPERTY

    Three sites at Kai Tak airport site surprise by selling for HK$9.7b

    Posted Feb 26th 2014, 01:13am by Peggy Sito

    ... Property for HK$2.91 billion, or HK$5,600 per square foot, the Lands Department said. The land sales, seen as a barometer of long-term housing market confidence, received a total of 28 bids when ...

  8. Property - Hong Kong & China - PROPERTY

    Centaline claims bigger slice of Hong Kong flat market

    Posted Feb 24th 2014, 04:32am by Sandy Li

    ... Siu-ming, the chief executive of the residential department at Midland, said the market shares in the primary residential sector remained unchanged. "I do not see any change in our ...

  9. Property - Hong Kong & China - PROPERTY

    Cityplaza shopping centre to get HK$100m facelift

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

    ... in Taikoo Shing, will undergo a HK$100 million makeover to bring in more children's wear and cosmetic brands, with Japanese department store Apita having to lose 27 per cent of its floor space ... 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 ...

  10. News - Hong Kong - PROPERTY

    New site for public flats in Tai Po overlaps SHKP project

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

    ... the eight sites would together offer about 11,130 flats, the Planning Department said in its latest paper. The overlapping land is currently zoned as a green belt and for government, institution ...




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