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  • November 28, 2014
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  1. Six developers seek piece of the action at Bayside

    Posted Aug 09th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com More developers submitted bids for a residential site on the Tsuen Wan waterfront yesterday on expectations the government might accept a lower offer. The TW5 Bayside project on top of the Tsuen Wan West MTR station has drawn six bids- from Sun Hung Kai Properties, Cheung Kong (Holdings), Sino Land, Henderson Land, Nan Fung Development ...

  2. Developers wary over Bayside site

    Posted Aug 08th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Developers are expected to bid conservatively for the tender of a residential site in Tsuen Wan West, despite the site's location on the waterfront and next to an MTR station. Fourteen developers which had shown interest in the Bayside residential site were invited to submit bids. The tender will close today. It is the second time ...

  3. Pre-sale talk fuels slump in developers

    Posted Aug 03rd 2012, 12:00am

    ... prohibiting developers from selling unfinished projects. News website Sina last night said a source from the Ministry of Housing and Urban-Rural Development denied the speculation, saying ... China Merchants Property Development dived 9.81 per cent to close at 21.06 yuan (HK$25.63), while China Vanke fell 6.75 per cent to 8.70 yuan. Shanghai-listed Poly Real Estate plunged 9.17 per ...

  4. Developers' profit warning shot down

    Posted Jul 25th 2012, 12:00am

    ... Paggie Leung and Yvonne Liu Property tycoon Lee Shau-kee last week raised a red flag over concerns that the profit margins of Hong Kong property developers were being threatened by rising construction costs and increased land supply. But analysts, who say that developers have enjoyed soaring revenues and returns of up to 40 per cent over the past five years, see rises in property prices ...

  5. Bayside project lures fewer developers

    Posted Jun 28th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Fourteen developers have expressed interest in the HK$9.5 billion Tsuen Wan West MTR Bayside waterfront residential project. The developers, including Cheung Kong, Sun Hung Kai Properties, Henderson Land, Chinachem Group, Nan Fung Development, New World Development and Wheelock Properties, submitted expressions of interest yesterday. The Bayside ...

  6. Developers shrug off easing denial

    Posted Jun 14th 2012, 12:00am

    ... Paggie Leung and Angela Che Shares of mainland developers fell yesterday but recovered later despite a denial by the central government that it would ease its property policy. On Tuesday evening, the National Development and Reform Commission denied media reports that quoted an unnamed NDRC official as saying loosening the property policy could be an option to rescue ...

  7. Developer looks for lifeline in Hong Kong

    Posted Jun 09th 2012, 12:00am

    ... Yvonne Liu and Angela Che Debt-laden Greentown China Holdings has become the first mainland developer to bring in new shareholders from Hong Kong to raise cash. It is a sign the city's investors are looking to pick up discount assets in the troubled real estate sector. Tightened lending and a slowing economy are expected to force more mainland developers to sell ...

  8. Mainland developers eyeing HK

    Posted May 30th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Mainland property developers are making a beeline for Hong Kong, either seeking listings on the stock exchange or bidding for land, as the mainland market ... is coming to an end as the new administration of chief executive-elect Leung Chun-ying prepares to increase land supply. The push into the city by mainland developers caught the attention ...

  9. Developers keen on two sites put up for tender

    Posted May 26th 2012, 12:00am

    ... Paggie Leung paggie.leung@scmp.com Two residential sites, in Shouson Hill and Peng Chau, opened for tender last week attracted a strong response from developers, luring nine and 30 bidders respectively by the time tenders closed yesterday. The luxury residential site at 8-12 Deep Water Bay Drive, Shouson Hill, drew nine bids from developers including China Overseas Holdings, K Wah ...

  10. Big developers 'on easy street'

    Posted May 06th 2012, 12:00am

    ... that earlier snared his younger brothers- the co-chairman of property giant Sun Hung Kai Properties- analysts said the government's strategy of encouraging high land prices and big developments had entrenched property empires at the expense of smaller developers. Research by Centaline Property Agency shows about 75 per cent of all completed flats in 2010 were built by Sun Hung Kai ...




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