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  1. What, exactly, is left for the Trade Development Council to develop?

    Posted Apr 14th 2011, 12:00am

    ... with Jake van der Kamp This week sees the confluence of three important fairs as the Hong Kong Trade Development Council capitalises on its reputation for hosting some of the world's ... merchandise exports. We also subsidise the Trade Development Council with a special tax, the trade declaration charge, because, even with the Convention and Exhibition Centre at its disposal, ...

  2. 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 ...

  3. 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 ...

  4. Property developer builds talent bank

    Posted Feb 24th 2012, 12:00am

    ... Hilda Poon Large-scale property developers from Hong Kong and China have continued to acquire land and construct buildings on the mainland, creating job opportunities for real estate ... built up one such portfolio, allowing it to develop more than 2 million square metres of retail and office space in China, which will allow the company to sustain its pace of expansion over ...

  5. Developers go upmarket to attract buyers

    Posted Jan 04th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Developers are hoping to lure homebuyers back to the market with a range of innovative inducements rather than steep price cuts. Since October, sales campaigns for new developments have increasingly focused on upmarket finishings, including high-quality kitchen and bathroom fittings and high-technology installations such as biometric fingerprint readers ...

  6. Party's over as developers forced to slash flat prices

    Posted Nov 07th 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com Property developers seemed until recently to be blessed with the Midas touch, routinely turning bricks and mortar into gold. But the fat profits that could ... of sentiment forced a reality check on developers. There is unlikely to be an early truce in the price war that has erupted as the battle for buyers intensifies, analysts say. 'Buyers are staying ...

  7. Developers shy from sales market amid gloom

    Posted Sep 05th 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Just 157 flats were offered for sale by developers last month, the lowest total in eight months. But analysts expect the number of new releases to pick up again in the coming weeks. Developers slowed their releases as the housing market fell under a cloud of uncertainty over the outlook for the global economy and volatile stock markets, according ...

  8. Xuzhou seeks HK investment in 185 development projects

    Posted Apr 29th 2011, 12:00am

    ... Paggie Leung The city of Xuzhou in Jiangsu province wants Hong Kong businesses to invest in 185 projects worth 201.9 billion yuan (HK$241 billion) to boost its development. 'Hong Kong ... Kong companies to help it develop and the companies also need investment magnets like Xuzhou to expand their businesses.' Xuzhou's mayor Zhang Jinghua said the projects involved ...

  9. Developer sorry for flat size error

    Posted Apr 23rd 2011, 12:00am

    ... Olga Wong Sun Hung Kai Properties has apologised to buyers who were misled about the sizes of their newly-bought flats in a Yuen Long development due to a mistake in the sales brochures. The developer will pay compensation to those who paid too much for their flats as a result of the mix-up, but will not claim money back from those who paid too little. More than 90 per cent ...

  10. Poll finds wide belief that Conduit Road sales were developer's ploy

    Posted Jul 12th 2010, 12:00am by Anita Lam

    ... Anita Lam More than 85 per cent of Hong Kong's middle-income group believe the sales of luxury flats at 39 Conduit Road were an act of market manipulation despite the developer ... the developer kept only 5 per cent of the purchase price from each uncompleted sale instead of the whole deposit. Prominent lawyers also say this is unusual. Four out of five of those polled said ...




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