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  • October 23, 2014
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  1. News - Hong Kong - DEVELOPMENT

    Land premium demand may sink URA's Central Market project

    Posted Oct 06th 2014, 05:31am by Olga Wong

    ... the Post they were opposed to the authority having to pay a premium at full market rate. "Commercial space rented in Central costs about HK$100 per sq ft, but the market ...

  2. News - China - DEVELOPMENT

    State Council kicks off drafting of next five-year plan

    Posted Sep 05th 2014, 03:36am by STAFF

    ... It expects the economy to grow by 7.6 per cent this year, supported by local policies and a recovery in global demand, but the rate may slow to 7.5 per cent next year and 7.4 per cent in 2016. ...

  3. Property - Hong Kong & China - DEVELOPMENT

    Leung Chun-ying's housing push puts industrial sector out

    Posted Jul 02nd 2014, 04:49am by Peggy Sito, Yvonne Liu

    ... rates were now only about 1 per cent, thanks in part to good economic conditions, this was not healthy. Many industrialist tenants, particularly in the car sector, were struggling to find ...

  4. News - Hong Kong - DEVELOPMENT

    URA set to think big after rare deficit

    Posted Jun 18th 2014, 02:54am by Olga Wong

    ... support. "The government gains when a community is improved with buildings of higher value," the Democratic Party lawmaker said. "Higher rates and stamp duties … will eventually ...

  5. News - Hong Kong - DEVELOPMENT

    60-metre-high Ferris wheel to open in September at HK$100 per trip

    Posted May 17th 2014, 04:02am by AMY NIP AND SUZANNE VAN DER ERF

    ... to be responsible for the preparatory footings and construction work". It said the wheel would have 42 gondolas, each holding eight to 10 passengers, and it expected a million passengers a year- a rate ...

  6. Business - Banking & Finance - DEVELOPMENT

    China to play big role in new regional lender

    Posted Apr 25th 2014, 10:42am by Victoria Ruan

    ... and roads. The AIIB, as its name suggests, will be more infrastructure-focused. Zhao expects the AIIB to offer favourable interest rates to investors, and it could issue yuan-denominated bonds ...

  7. News - China - DEVELOPMENT

    Reforms seen as key to success of China’s long-delayed urbanisation blueprint

    Posted Mar 17th 2014, 04:10pm by Victoria Ruan

    ... of people registered under urban households is targeted to rise to about 45 per cent from 36 per cent over the same period. China's goal remains far below the average urbanisation rate of about 80 per cent in developed nations, but boosting the rates requires an intense effort to overhaul the fiscal, land, and social welfare system, analysts say. The plan is designed to spawn ...

  8. News - China - DEVELOPMENT

    Nansha development zone in Guangzhou eyes Hong Kong tax rate

    Posted Dec 22nd 2012, 12:00am by Tony Cheung

    ... Tony Cheung tony.cheung@scmp.com Key zone uses city as model after already adopting its laws on arbitration Nansha eyes same rate of income tax as HK First it adopted Hong Kong law ... at a rate of up to 45 per cent. Sun said this could change as Nansha strives to develop into a "new Guangzhou and new Hong Kong", learning from the experience of both cities. "We ...

  9. News - Hong Kong - DEVELOPMENT

    Peak residents angry over land swap aimed at saving historic Hong Kong mansion

    Posted Feb 04th 2014, 05:29am by FANNY FUNG

    ... form and a low predicted transplantation survival rate". In compensation, 34 other trees would be planted. Ten potential sites had been identified for the land swap during the negotiation ...

  10. News - Hong Kong - DEVELOPMENT

    URA offers new, better deal for old Cheung Sha Wan building

    Posted Dec 18th 2013, 05:46am by FANNY W. Y. FUNG

    ... to the existing allowance, which is calculated according to a basic rate adopted by the government. The owner will be given the higher of the two amounts. The average market value of the building's ... of factors. For example, the owner of a 2,600 square foot ground-floor premises will be offered about HK$44 million, compared with about HK$41 million under the basic-rate formula. The authority ...




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