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  • September 23, 2014
  • Last updated: 4:59pm
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  1. Property - Hong Kong & China - C-SUITE

    Green Development Council chairman on a mission to save planet

    Posted Aug 26th 2014, 11:33am by Peggy Sito

    ... Development Council says Q & A Hong Kong Green Development Council chairman Conrad Wong Tin-cheung has a mission: save the planet. With more than 20 years of construction project management ... has the council done so far? What do you want to achieve during your second term as its chairman? We have made a number of plans, such as targeting a reduction in energy usage in buildings ...

  2. Property - Hong Kong & China - PLANNING

    Capital economic region finally starts making progress

    Posted Sep 23rd 2014, 10:56am by Andrew Ness

    ... under the broader plan for the region to the State Council for review and approval. The momentum indicated by this move was further underscored by an announcement in early August ...

  3. Property - Hong Kong & China - PROPERTY

    Greenland dismisses China housing pessimism as 'overdone'

    Posted Sep 22nd 2014, 04:28am by Daniel Ren

    ... of opportunities in the mainland market, dismissing as overdone concerns following a report that home price falls spread to a record number of cities last month. Chen Jun, chairman and chief executive ... but price cuts will be made at a reasonable level," said Chen, also an executive vice-president of Greenland Group. "We believe a downturn over the short term is acceptable." ...

  4. Property - Hong Kong & China - PROPERTY

    China's VAT reform to impact developers in cooling market

    Posted Sep 22nd 2014, 04:28am by Langi Chiang

    ... is the uncertainty. "We wish to be given more time for transition," said a senior financial department executive at Hong Kong-listed Cofco Land, who asked not to be identified. Apart from VAT, other pending reforms include property-related taxes such as a punitive levy against multiple home owners. The Cofco Land executive also expressed concern over the cash-flow impact as developers would ...

  5. Property - Hong Kong & China - C-SUITE

    Finance chief tells of Country Garden’s love for small cities

    Posted Sep 23rd 2014, 10:22am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Low funding cost is virtually in the genetic make-up of Wu Jianbin, who joined Country Garden Holdings in April from China Overseas Holdings. He was also an executive director and financial controller of China Overseas Land and Investment from 2002 to 2009. China Overseas Land, the biggest Hong Kong-listed mainland Chinese developer by market ...

  6. Business - Comment - JAKE'S VIEW

    Hong Kong contractors' bid-rigging is behind rising prices

    Posted Sep 18th 2014, 05:57am by Jake Van Der Kamp

    ... constituency seat in the Legislative Council and the holder of that seat invariably votes in line with the administration on issues in which Beijing takes an interest. Some things are important. So ...

  7. Comment - Insight & Opinion - CONCRETE ANALYSIS

    High property prices boost appeal of office refurbishment

    Posted Sep 16th 2014, 03:39pm by William Taam

    ... Resources Building in Hong Kong, with market values of the buildings increased by the investments in office refurbishment. However, such investment should be executed with different strategies ... planning and execution. Surveying independent tenants to glean market insights and executing the refurbishment process in phases are among the recommended steps to minimise the investment risk. ...

  8. Property - Hong Kong & China - SPECULATION

    Property speculators snap up small flats; prices too high for first-time buyers

    Posted Sep 16th 2014, 12:18pm by Yvonne Liu

    ... said Sammy Po Siu-ming, chief executive of Midland Realty's residential department. The government has doubled stamp duties and introduced a special stamp duty to curb investment demand, ...

  9. Property - International - UNITED STATES

    Technology tenants transform Chicago district into top office market

    Posted Sep 17th 2014, 05:52am by Bloomberg

    ... through River North after dark," said Sharon Romack, chief executive of the business association. "Now River North is the place to be after dark." A network of Chicago Transit ...

  10. Comment - Insight & Opinion - BRICKS & MORTAR

    Rising wages for construction workers pressure mainland developers

    Posted Sep 15th 2014, 02:44pm by Peggy Sito

    ... workers to work in big cities. In lower-tier cities, the pay is about 8,000 yuan a month," the executive said. "But university graduates there are just getting 4,000 yuan a month." ... and Chongqing. Despite a seemingly wide pay range in the industry on the mainland, the issue continues to stir up plenty of discussion. Thomas Ho, chief executive of Hong Kong-based Gammon Construction, ...




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