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  • November 23, 2014
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  1. Cities, property developers poised to build on speedy links

    Posted Mar 09th 2011, 12:00am by Toh Han Shih

    ... Toh Han Shih The ambitious high-speed rail rollout on the mainland promises to be a boon for property developers, CB Richard Ellis executive director Andrew Ness says. By 2020, ... have major plans to regenerate areas around high-speed rail stations. A lot of money is going to be made by private property developers and local governments.' For example, Longhua ...

  2. Developer expands mainland presence

    Posted Jan 21st 2011, 12:00am by Staff Reporter

    ... Wharf (Holdings) has won a tender for two plots of land in Suzhou at a cost of 2.9 billion yuan (HK$3.4 billion), which the blue chip conglomerate will develop into luxury properties. It will be Wharf's fifth project in the eastern mainland province. The combined area of the lakeside and riverside sites can be developed into about 384,000 square metres, with an average cost of about 7,560 ...

  3. Developments accelerate with speed train

    Posted Jan 05th 2011, 12:00am by Sandy Li

    ... Sandy Li Hong Kong-listed Shui On Land plans to accelerate completion of developments in Wuhan and Foshan to meet burgeoning demand for housing. This demand was triggered by the launch of high-speed train services in those areas. Shui On was one of the first Hong Kong developers to go to the mainland, beginning its activities there in the 1980s. The company, controlled by Vincent Lo ...

  4. No land auction bids for idle developers

    Posted Dec 31st 2010, 12:00am by Sandy Li

    ... (Sinopec) was one company on the list. In Beijing, Sinopec's Beijing Jing Tian Real Estate Development holds three residential sites, with an area of 26.86 hectares, and building on the sites ... in Hunan. Building work on the Shanghai sites should have begun between 2002 and 2004. In September, the central government announced rules to curb the hoarding of land by developers in its efforts ...

  5. Villagers fear eviction as development nears

    Posted Dec 20th 2010, 12:00am by Joyce Ng

    ... foot plot of land, where his house stands, and rents 30,000 sq ft of farmland from Henderson Land Development, is one of the remaining 50-odd families in Ma Shi Po village. Once home to 200 families, the village has seen an increasing number of residents move out since government planners placed it in one of the three 'new development areas' of the northeastern New ...

  6. Developers snap up commercial sites in land rush

    Posted Dec 20th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Land sales on the mainland are heating up as big developers accumulate land to push smaller competitors out of the market, according to analysts. With policy-risk hanging over the residential market in the short term, the attention of developers has shifted to commercial sites, they said. Feng Huiming, an executive director of Shenzhen-based developer Fantasia Holdings, said ...

  7. Rise in spending power is luring major developers

    Posted Nov 22nd 2010, 12:00am by Peggy Sito

    ... Peggy Sito Policy risk is driving both developers and foreign investment funds away from the mainland residential market and towards commercial property, say analysts. And it is a trend ... the speculative heat out of the residential market, included the tightening of residential development loans to developers, increasing mortgage rates and cutting mortgage loans to individuals. Norman ...

  8. Stanley is likely to lose historic building to hotel development

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

    ... Yvonne Liu The building at 88 Stanley Main Street, home to The Boathouse restaurant, may be bulldozed to make way for a hotel development. The owner of the blue building on the waterfront, ... it for hotel development. Approval was granted in March this year by the Town Planning Board to develop a 10-storey hotel with a gross floor area of 8,355 square feet on the site. The redevelopment ...

  9. Top two developers pocket HK$11b from sales

    Posted Oct 04th 2010, 12:00am by Sandy Li

    ... On Shan were offered at an average of HK$6,500 per square foot, and the developer said sales topped HK$7 billion for the four days. SHKP said the first batch of 132 houses at Valais, Sheung Shui, ... and Shanghai,' Lui said. Since the start of this year, developers have sold 2,778 new flats costing more than HK$10 million each, according to Midland Realty. 'The figure is the highest since ...

  10. Mainland developers go on spending spree

    Posted Sep 10th 2010, 12:00am by Sandy Li, Yvonne Liu

    ... Sandy Li and Yvonne Liu The credit crunch and growing fears of further measures to cool the property market have not stopped developers from acquiring development sites in major cities. In the past two days, they have spent almost 10 billion yuan (HK$11.45 billion) on land acquisitions. 'Developers have huge cash reserves after strong sales. They have to replenish land banks ...




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