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  • October 25, 2014
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  1. Boom time for developer

    Posted Apr 02nd 2012, 12:00am

    ... Tianjin-based property developer Sunac China Holdings announced a sharp rise in its revenue for the financial year ended December 31, 2011. Revenue for the reporting period rose by 59.4 ... from 2010 to 2.36 billion yuan last year. Last year, the group focused on developing properties in six mainland cities: Beijing, Tianjin, Chongqing, Wuxi, Suzhou and Yixing. The group continued ...

  2. Beijing developer optimistic over office sales target

    Posted Feb 09th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Soho China, the Beijing-based commercial developer, believes it can achieve sales of 23 billion yuan (HK$28.3 billion) this year due to strong demand for office space. While the developer generated just 10.9 billion yuan from property sales in 2011, far below its sales target of about 20 billion yuan, chief financial officer Tong Chingmau ...

  3. Strong results from big mainland developers

    Posted Jan 04th 2012, 12:00am

    ... Paggie Leung paggie.leung@scmp.com The leading property developers on the mainland delivered strong performances last year, despite austerity measures aimed at cooling down home prices, ... developers on the mainland in terms of their revenue from new-home sales and the volume of real estate they sold. Six developers had revenues of more than 50 billion yuan (HK$61 billion), the same ...

  4. Beijing puts emphasis on sustainable development

    Posted Dec 21st 2011, 12:00am

    ... Shi Jiangtao jiangtao.shi@scmp.com Vice-Premier Li Keqiang vowed to make environmental protection a development priority, and step up efforts to stem degradation and pollution problems ... Television. The vice-premier, who has been widely tipped to succeed Wen in 2013, said Beijing would pursue conservation through steady economic development in the coming decade. Senior environmental ...

  5. Developers not kingmakers: Tang

    Posted Nov 20th 2011, 12:00am

    ... Peter So peter.so@scmp.com Chief executive hopeful Henry Tang Ying-yen yesterday rejected a Beijing loyalist's remark that property developers will decide who gets the top job, saying they were far from powerful enough to dictate the election's outcome. 'I don't believe property developers have such a great power to get whoever they support elected as the next ...

  6. Developers play safe on bidding

    Posted Nov 16th 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Leading mainland developers have spent far less on land purchases during the property downturn than they did a year ago and about a third as much as in 2009, according to Centaline Property Agency. The ratio of land acquisition expense to property revenue by mainland developers was 21 per cent, the lowest recorded since the property agent started ...

  7. Homebuyers furious as mainland developers slash prices by a third

    Posted Oct 28th 2011, 12:00am

    ... cities after developers cut prices to boost sales. Facing growing liquidity pressure, developers have started to slash prices for some new projects, with cuts of more than 30 per cent in some ... flat owners gathered at a housing project in Shanghai's suburban Jiading district last Saturday after state-owned developer Greenland Group cut the sales price of unfinished flats by more ...

  8. Beijing's grip slows development cash

    Posted Sep 10th 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Investment in property development on the mainland is slowing amid Beijing's continued measures to tighten lending and restrict demand. Developers ... As banks have tightened lending, developers have been forced to use more of their own funds to finance projects. Developers' own funding of projects came to 296 billion yuan in August, ...

  9. development

    Posted Mar 08th 2011, 12:00am by Staff Reporter

    ... the central government should do to reduce the wealth gap between urban and rural areas and within rural areas? 2 What social problems do you think can develop when parents leave the countryside ...

  10. Property - Hong Kong & China - CONCRETE ANALYSIS

    China's cities narrow gap with West in global survey

    Posted Mar 27th 2013, 12:00am by Thomas Lam

    ... Thomas Lam Shanghai and Beijing's affluent set help them race up the rankings of global survey, but other factors keep them from the top slots - for now China's cities narrow gap with West Cities in China are catching up with their Western count ...




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