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  • October 1, 2014
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  1. Property - Hong Kong & China - TRANSPORT

    Flat asking prices around planned MTR lines rise after announcement

    Posted Sep 23rd 2014, 02:19pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Rail extension plans push up flat prices Asking prices of flats close to stations along the seven rail projects to be developed by the government have been increased by up to 10 per cent as expectations of improving accessibility could drive up property values, say agents. On September 17, the Transport and Housing Bureau proposed four new lines, extra ...

    http://www.scmp.com/property/hong-kong-china/article/1598651/asking-prices-rise-flats-around-planned-mtr-projects
  2. News - Hong Kong - TRANSPORT

    Coastal Tsuen Wan-Tuen Mun railway not worth the cost, minister says

    Posted Sep 21st 2014, 05:14am by SHIRLEY ZHAO

    ... Shirley Zhao shirley.zhao@scmp.com Costs overrode calls for new coastal MTR line Calls for a Tuen Mun-Tsuen Wan MTR line were ignored in the latest railway development blueprint because ... councillors to veto a revised plan to expand the Tuen Mun landfill. The railway development blueprint, released on Wednesday, does follow through on plans for seven other rail projects- four new ...

    http://www.scmp.com/news/hong-kong/article/1597066/coastal-tsuen-wan-tuen-mun-railway-not-worth-cost-minister-says
  3. News - Hong Kong - TRANSPORT

    Plans for HK$110b expansion of Hong Kong rail network unveiled

    Posted Sep 17th 2014, 04:45pm by Timmy Sung and Phila Siu

    ... Timmy Sung and Phila Siu New and extended routes planned by 2026 to better serve existing communities and provide communication links for new developments HK$110b blueprint to extend ... housing development at the Anderson Road Quarry. Secretary for Transport and Housing Professor Anthony Cheung Bing-leung said the route was included in the report "after taking into account ...

    http://www.scmp.com/news/hong-kong/article/1594670/plans-hk110b-expansion-hong-kong-rail-network-unveiled
  4. News - Hong Kong - TRANSPORT

    Discovery Bay developer wins permission for taxis and coaches

    Posted Jun 07th 2014, 03:44am by CHEUNG CHI-FAI

    ... Cheung Chi-fai chifai.cheung@scmp.com Developer wins permission to introduce new services to hotel zone of Lantau residential enclave, but residents have their reservations Discovery Bay braces for taxis, coaches The once vehicle-free tranquillity of Discovery Bay will be eroded further after the developer won consent to have taxis and coaches come into the Lantau residential ...

    http://www.scmp.com/news/hong-kong/article/1527053/discovery-bay-developer-wins-permission-taxis-and-coaches
  5. News - Hong Kong - TRANSPORT

    Developer Vincent Lo to chair Airport Authority, but only for one year

    Posted May 31st 2014, 03:32am by FANNY FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Lo gets airport job- but will take off after a year Property developer Vincent Lo Hong-sui is taking over as chairman of the Airport Authority after Marvin Cheung Kin-tung abruptly quit citing his health. But in an unusual move, Lo will serve for one year only before swapping jobs with Trade Development Council chairman Jack So Chak-kwong, ...

    http://www.scmp.com/news/hong-kong/article/1522136/developer-vincent-lo-chair-airport-authority-only-one-year
  6. Business - Companies - TRANSPORT

    MTR wins contract for Sydney rail link

    Posted Sep 17th 2014, 10:54am by CHIM SAU-WAI

    ... The rail operator has been expanding into rail-related businesses outside Hong Kong as its profit from property development at home declined. Profit from property development fell 54.6 per cent ...

    http://www.scmp.com/business/companies/article/1594464/mtr-wins-contract-sydney-rail-link
  7. Business - Companies - TRANSPORT

    Train makers CNR and CSR seal 6.8b yuan in new orders

    Posted Sep 11th 2014, 09:15am by CHIM SAU-WAI

    ... "Developed countries, such as Japan or European countries, would not need China's high-speed trains, while developing countries might find it expensive," said Wang Zhuoran, an analyst ... yuan. Wang said both CNR and CSR had a long-term vision of using technology derived from their core rolling stock business to develop new businesses, such as equipment for wind power, to become ...

    http://www.scmp.com/business/companies/article/1589965/china-cnr-signs-12-contracts-worth-65b-yuan
  8. Business - Economy - TRANSPORT

    China spends 405b yuan on railways in the first eight months

    Posted Sep 11th 2014, 06:02am by CHIM SAU-WAI

    ... from some general rules laid out by the National Development and Reform Commission in July, which said about 70 per cent of the fund would be invested in railway projects and the rest ...

    http://www.scmp.com/business/economy/article/1589743/china-spends-405b-yuan-railways-first-eight-months
  9. News - Hong Kong - TRANSPORT

    Final trip for fans as old Wan Chai Pier sails into history

    Posted Aug 31st 2014, 04:40am by Amy Nip

    ... development. People shared their memories of daily commutes from the pier, voiced their sadness and took the last photographs of the structure that has served them for almost half a century. ... Without as much sentiment to spark calls for its preservation, the old Wan Chai Pier's destruction will be part of reclamation for the Wan Chai Development Phase II. The Wan Chai-Tsim Sha ...

    http://www.scmp.com/news/hong-kong/article/1582045/final-trip-fans-old-wan-chai-pier-sails-history
  10. Business - China Business - TRANSPORT

    China to offer 300 billion yuan of railway contracts until end of the year

    Posted Sep 03rd 2014, 01:33am by CHIM SAU-WAI

    ... for people's livelihood and economic development," said Yang Liang, chief financial officer of China Railway Group. Yu Tengqun, secretary of the board of directors of the state-owned railway firm, ...

    http://www.scmp.com/business/china-business/article/1584079/china-offer-300-billion-yuan-railway-contracts-until-end

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