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  • July 29, 2014
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  1. Churchouse buys four Hollywood Road flats

    Posted Sep 22nd 2005, 12:00am by Staff Reporter

    ... Ernest Kong Property guru Peter Churchouse has snapped up four small flats in Henderson Land Development's apartment project, CentreStage, on Hollywood Road. The former managing director of Morgan Stanley told the South China Morning Post the properties were investments held by his first real estate fund, Lim Asia Alternative Real Estate Fund, which he set up last year ...

  2. Seeking balance amid expansion

    Posted Oct 10th 2011, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com International financial services consultancy PricewaterhouseCoopers (PwC) plans to hire more staff and open new offices to capture a bigger share of business opportunities in the rapidly-growing Hong Kong and mainland markets. Ernest Ip Koon-wing, a 25-year veteran with the firm, will be spearheading the expansion. In July, Ip was appointed to the post ...

  3. Developer faces bill of $6b in land cost

    Posted Oct 08th 2005, 12:00am by Staff Reporter

    ... Ernest Kong Henderson Land Development expects to spend around $6 billion in land premiums for converting an agricultural site in Wu Kai Sha into a residential project. Lee Shau-kee, chairman of the largest agricultural land holder among local developers, said the company would speed up the process of negotiating the land premium payments for converting the land bank. ...

  4. Seven lay bids for KCRC project

    Posted Jun 11th 2005, 12:00am by Staff Reporter

    ... Ernest Kong The first residential project tendered this year by Kowloon-Canton Railway Corp (KCRC) attracted bids from seven leading property developers yesterday. Seventeen developers had shown interest in the project, including smaller firms such as Chun Wo Holdings, SEA Holdings and Kowloon Development. However, the small developers stayed away from the 2,528-unit Wu Kai Sha ...

  5. Negative-equity mortgages decline at HSBC

    Posted Apr 15th 2004, 12:00am by Staff Reporter

    ... Kelvin Wong and Ernest Kong The value of mortgages in negative equity relative to the overall mortgage portfolio at Hong Kong's biggest bank, HSBC, has dropped to less than 10 per cent, down from 17 per cent last December, thanks to the resurgent property market. HSBC's personal financial services head Lawrence Law Hong-ping yesterday declined to predict when ...

  6. Henderson raises home prices for new year

    Posted Jan 07th 2004, 12:00am by Staff Reporter

    ... Ernest Kong Henderson Land Development will be offering home buyers higher prices instead of lai see for the Lunar New Year holidays. The developer had offered cash rebates of $68,000 to $98,000 to customers since the market turned sour in 1998. But with the property market bouncing back, Henderson Land sees no need for the cash incentive and is raising prices for some of its ...

  7. Property buyers urged to take stock

    Posted Dec 13th 2003, 12:00am by Staff Reporter

    ... Ernest Kong Investors unable to get a piece of hot forthcoming initial public offerings may want to buy property instead. Developers once used plasma televisions, flashy furniture, cars and cash to tempt buyers through the door. Now, Cheung Kong Property Development is giving away shares in the sought-after IPOs of China Life Insurance, Great Wall Automobile Holding and Fujian ...

  8. Lai See

    Posted Mar 29th 2008, 12:00am by Ben Kwok

    ... not taking the Mickey In between basketball and baseball, Hong Kong Disneyland managing director Bill Ernest finds time for rugby. He is a big Wallabies fan, while his daughter roots for the All Blacks. Mr Ernest can recall meeting David Campese, the Wallabies legend and former Hong Kong Sevens star, a few years back in a Sydney gift shop where he personally wrapped up Wallabies T-shirts ...

  9. Macquarie Goodman beefs up portfolio to prepare for reit float

    Posted Oct 06th 2005, 12:00am by Staff Reporter

    ... Ernest Kong Macquarie Goodman Asia has acquired its third property in Hong Kong as it builds up assets to float in a real estate investment trust (reit) based on logistics facilities in the first half of next year. The joint venture between Macquarie Bank and Australian-listed industrial property firm Macquarie Goodman Group yesterday said it had paid $650 million for a major ...

  10. Speculators also take long summer break

    Posted Sep 19th 2005, 12:00am by Staff Reporter

    ... Ernest Kong Evidence of a slowdown in property market speculation has been reinforced by a dramatic downturn in confirmor transactions- deals where buyers 'flip' flats before they have completed the purchase. The number of confirmor transactions last month dropped 15.5 per cent to 245- a 12-month low- according to the latest data from the Land Registry. The quoted number ...




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