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  • April 21, 2014
  • Last updated: 6:28am
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  1. Property - Hong Kong & China

    Early-bird flat buyers to get 20pc discount at new Swire development

    Posted Mar 08th 2014, 01:40am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Swire makes offer to first 10 buyers of flats at new Quarry Bay development Early-bird flat buyers to get 20pc discount Swire Properties is offering a 20 per ... Bay. The developer released the price list for the first batch of 30 units at HK$21,244 and HK$28,311 per square foot, which was described by industry observers as "market price". ...

  2. Sport - Hong Kong - ICE HOCKEY

    Developing winter sport is daunting in Hong Kong, but Thomas Wu possesses the passion to do it

    Posted Mar 08th 2014, 10:18pm by Alvin Sallay

    ... it will be a spur for people in Hong Kong to sit up and take more notice of winter sports. "I'm working with China on the development of ice hockey. There is more interest in winter sports ...

  3. Property - Hong Kong & China

    Developers facing financing woes in China, warns S&P

    Posted Mar 08th 2014, 01:40am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Agency says slowing sales, cooling measures and a weaker economy will take their toll this year Developers facing financing woes in China, warns S&P A slowdown in sales growth and unabated land acquisitions will put some mainland developers in danger this year as financing gets tighter, global ratings agencies warned this week. Standard & ...

  4. Property - Hong Kong & China - PROPERTY DEVELOPMENT

    Hysan Place helps drive developer’s underlying profit up 26pc

    Posted Mar 07th 2014, 02:58pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Underlying profit for last year at Hysan Development, the largest landlord in Causeway Bay, jumped 26 per cent year on year to HK$2.04 billion thanks in part to the contribution from the recently redeveloped Hysan Place in the prime shopping district. The firm’s net profit, however, plunged 38.1 per cent to HK$6.16 billion owing to a sharp fall in gains from ...

  5. Varley drives development with advanced technology solutions

    Posted Mar 07th 2014, 05:54pm by Reports by Mia Daughenbaugh, Christina Liedke and David Bell

    ... and commitment to research and development, where it invests 7 per cent to 10 per cent of its total revenue, have enabled it to diversify. Servicing private and governmental clients in Asia ... customise our products with easy-to-operate and cost-effective solutions," says Jeff Phillips, chairman and managing director. "We are active in developing our intellectual property. ...

  6. News - Hong Kong - COURTS

    Secretary for Development Paul Chan fined HK$1,800 for crashing into taxi near Happy Valley

    Posted Mar 07th 2014, 04:52pm by Emily Tsang

    ... Emily Tsang emily.tsang@scmp.com Court finds he had "insufficient awareness of road safety" and orders him to take a driving course following incident that put both drivers in hospital with neck injuries Development chief fined for careless driving Development Secretary Paul Chan Mo-po has been fined HK$1,800 for an act of careless driving that caused a crash near ...

  7. Property - Hong Kong & China - PROPERTY DEVELOPMENT

    Hong Kong developers’ profit margins squeezed

    Posted Mar 06th 2014, 11:25am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Fat profit margins may soon be a thing of the past for Hong Kong developers as they get squeezed by falling home prices on one hand and soaring construction ... pain on developers as they build new projects on land they have been buying at premium prices since 2010. Hong Kong developers enjoyed gross profit margins as high as 40 per cent in 2009 ...

  8. Property - Hong Kong & China - PROPERTY

    Hong Kong developers' profit margins squeezed

    Posted Mar 07th 2014, 01:12am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Falling home prices, rising construction costs and high land premiums being blamed for expected plunge in developers' earnings Builders face tight squeeze on margins Profit margins of property developers could be slashed in half this year as falling home prices and soaring construction costs and land premiums bite into performance. With prices of new ...

  9. Property - Hong Kong & China - PROPERTY

    Developer price cuts entice buyers into HK$20b spending spree

    Posted Mar 06th 2014, 01:19am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Price cuts entice buyers into spending HK$20b Major developers have raised more than HK$20 billion from home sales in three months after engaging in an intensified price war with the launch of new projects. Sino Land and Nan Fung Development said their projects pulled in a combined HK$14.5 billion in sales revenue since November last year after ...

  10. News - China - POVERTY

    Plight of China's relocated poor highlights party's ‘development dilemma’

    Posted Mar 06th 2014, 11:49am by AFP

    ... Agence France-Presse in Anshun Scores of farmers and miners have been brought to live in urban subsidised housing under an anti-poverty drive- only to find few job prospects After a lifetime of farming and mining in the hills of southwest China, Zhang Zon ...




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