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  • November 27, 2014
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  1. Expatriate tenants are now targeted as owners

    Posted Oct 22nd 2003, 12:00am by Peggy Sito

    ... Peggy Sito HK Land eyes a new pool of buyers for Stanley Court houses Expatriates once classified as quality tenants have now become potential home-buyers keenly sought by landlords. ... in a quiet enclave near Stanley main beach, on a strata-title basis in a few weeks, with target prices of about $20 million a house. 'We are targeting expatriates as our potential buyers,' ...

  2. Agents make killing on 'haunted houses'

    Posted Apr 01st 2012, 12:00am

    ... House' section recently launched in English on Hong Kong property website Square Foot. The online agency believes that while Chinese homebuyers may find the subject taboo, some expatriates ... money. 'We know of investors who buy these haunted houses so that they can have a very good rental rate if they aim solely for expatriates,' said Kenny Wong, Square Foot marketing ...

  3. Luxury home rentals fall amid fewer expat hires

    Posted Jul 25th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Leasing of luxury homes in Hong Kong continues to decline due to fewer hires of expatriate staff in the banking and finance sector. However, rental demand ... of this year. 'The limited inflow of expatriates is expected to lead to subdued activity in the leasing market and put further pressure on luxury residential rents,' said Joseph Tsang, ...

  4. HK the world's most expensive for luxury rents

    Posted Feb 21st 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com If you are an expatriate wanting to rent a three-bedroom apartment, you couldn't have picked a worse city. An unfurnished three-bedroom flat in Hong Kong of the luxurious type you want averages US$11,813 per month, the highest in the world, according to consulting firm ECA International, which helps companies manage their expatriate ...

  5. No-hassle homes from home on the up

    Posted Feb 20th 2011, 12:00am by Lana Lam

    ... Lana Lam A rebound from the recession coupled with foreign companies increasing their expatriate headcount in Hong Kong has fuelled double-digit rent increases in the city. And it's not just apartment landlords raking in the money- there has been an explosion in the serviced apartment sector. ECA International's annual survey of expatriate living costs, released last ...

  6. Demand outstrips supply

    Posted Jul 29th 2011, 12:00am

    ... Kenneth Ko Luxury residential leasing interest in central Mid-Levels continues to gain pace, with an increasing number of expatriates arriving in Hong Kong and a tight supply of available ... and especially sought after by senior expatriate executives with multinational companies. 'The stock of leasing properties is very limited,' he says. 'In general, only about 2 per cent ...

  7. Village Garden

    Posted Feb 22nd 2006, 12:00am by Staff Reporter

    ... Compiled by Tang Chung-him Village Garden 17 Village Road, Happy Valley Age: 22 years Size: 837 sq ft Layout: three bedrooms For sale: $5.9 million Agent: Sallmanns Residential This apartment is on a high floor in a popular building in the heart of Happy Valley. The flat has been renovated by its expatriate owner and is in move-in condition. There are city or green views from ...

  8. Rents at levels before global financial crisis

    Posted Apr 21st 2010, 12:00am by Yvonne Liu

    ... cent in the second quarter due to increasing demand and limited supply. 'The number of expatriates working in the city dropped to 20,988 last year after the financial crisis, compared ... of expatriates was clearly evident in the luxury residential market, Koh Keng Shing, the managing director at Landscope Realty, said. 'The peak season for the leasing market will now likely come ...

  9. SAFE haven

    Posted Jul 20th 2012, 12:00am

    ... DTZ's executive director (residential), says: 'Despite global economic uncertainties that have affected expatriate relocations, rents of luxury condominiums edged upwards, supported by rental demand from top-end expatriates who still have the budgets to rent luxury apartments even if there are now fewer relocating to Singapore.' Mid-tier foreign professionals who do ...

  10. Serviced flat rents rise as demand surges

    Posted Oct 06th 2010, 12:00am by Yvonne Liu

    ... Rents of serviced apartments have risen strongly this year because of an influx of expatriates relocating to Hong Kong as a result of the expansion of financial institutions. Tai Hung Fai ... International pointed to an increasing number of expatriate family arrivals this year, mainly as a result of the expansion in the banking and finance industries. This had prompted exceptionally strong ...




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