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  • September 19, 2014
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  1. Developer delights in concrete achievements

    Posted Jan 31st 2011, 12:00am by Staff Reporter

    ... Daniel Ren With career achievements ranging from beauty queen to chicken farmer to property developer, Violet Lee has certainly proved she is a woman of versatility. The winner of Miss ... executive of China operations for Malaysian property developer GuocoLand, does not want to dwell on her past. 'Miss Singapore was an award for my parents,' she said. 'For the Magnolia ...

  2. Error nets HK$1.5b bonus for developer

    Posted Nov 23rd 2010, 12:00am by Chloe Lai

    ... in 2002, the successful bidder was also able to create up to 7,900 square metres of floor space in the new development. This was later reduced to 7,213 square metres in the sale agreement, with the stipulation that, if exceeded, an extra land premium would be payable. Cheung Kong did build an extra 200 square metres, ending up with 7,413 square metres of floor space in the new development ...

  3. Developers' Guangzhou project faces test

    Posted Sep 27th 2010, 12:00am by Peggy Sito

    ... Peggy Sito in Guangzhou Nine months ago, three of Guangdong's largest developers joined forces and stunned the real estate market by buying a huge site in Guangzhou at a government auction for a record 25.5 billion yuan (HK$29.57 billion). That was the most ever paid for a development site in the mainland's land sale history. The audacious move is now due to be put ...

  4. Homeowners plan to sue giant developer

    Posted Sep 13th 2010, 12:00am by Staff Reporter

    ... Alice Yan Hundreds of Shanghai homeowners are planning to sue China Vanke, the mainland's biggest publicly traded developer, accusing it of selling a building in their housing estate that they say belongs to them. The row between owners of flats in Xuhui district's Waltz Garden complex and the developer, which began 11 months ago, is not an isolated case in the country's ...

  5. Developers set rules for Larvotto sales

    Posted Jul 10th 2010, 12:00am by Yvonne Liu

    ... development in Ap Lei Chau that will begin sales on July17. Andy Chan, senior sales and marketing manager at Sun Hung Kai Real Estate Agency, a subsidiary of Sun Hung Kai Properties, said the company will comply with new guidelines issued by the Real Estate Developers' Association. 'We have also released new policies to improve the sales,' he said. Under the new policies, buyers ...

  6. Developers optimistic about serviced apartment sector

    Posted Jun 11th 2010, 12:00am by Andrea Li

    ... stay in any of the hotels. That mid-point of three to six months, somewhere between short stay and long term stay, does not, however, seem to be too common.' Indeed, developers ... medical centre, 24-hour convenience store, supermarkets and a nursery, all within easy access. MacauLand has also developed large family-style residences at The Manhattan, close to the Cotai ...

  7. Mainland developers race to list despite cool IPO market

    Posted Oct 12th 2009, 12:00am by Amanda Lee

    ... Amanda Lee The less than spectacular performance of recent new flotations may have deterred a few candidates, but it has not put off mainland property developers, with at least four ... it was unsurprising that developers were rushing to list on the Hong Kong exchange. Rather than putting its listing on hold, Fujian-based Powerlong Real Estate Holdings cut its HK$5 billion offering by more ...

  8. Developer trying to halt inquiry again, lawmaker says

    Posted Jun 14th 2009, 12:00am by Staff Reporter

    ... Star Development filed a High Court claim against the government and the Housing Authority in July 2003 for losses allegedly incurred after sales of Home Ownership Scheme flats at the Hunghom Peninsula were frozen in 2002. New World China Land was required to submit the pair's witness statements and documents related to the negotiations with the developer over the land premium ...

  9. Developers upbeat on second half

    Posted Jun 03rd 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Developers and property analysts are upbeat about the second-half outlook for the mainland property market after seeing a steady increase in transactions in the first five ... as long as price increases were kept within narrow limits and the global financial crisis did not worsen. 'As a responsible developer, I don't believe mainland developers will raise ...

  10. Developers see home market bottoming out

    Posted May 09th 2009, 12:00am by Peggy Sito

    ... Peggy Sito Two developers have injected a note of optimism into the city's residential market, saying that it has reached a bottom and is set to turn around. Kerry Properties said the sales and leasing markets have shown signs of stabilising in the past month, while Henderson Land Development said the housing market would continue to improve, helped by low interest rates ...




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