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  • November 25, 2014
  • Last updated: 4:42am
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Results 1 - 10 of 17 for first-time buyer

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  1. 50 held in ICAC raid on loans fraud ring

    Posted Dec 20th 2003, 12:00am by Staff Reporter

    ... the scam. Louis Chan Wing-kit, a director of Centaline Property, said it was the first time he had heard of people using false documents to obtain loans from the Hong Kong Housing Authority. 'The fraud would probably need the co-operation of the flat sellers, agency and buyers,' he said. 'It needs a large loophole in a company's operation. Therefore the agents ...

  2. Private property gains equality in law

    Posted Oct 29th 2007, 12:00am by Li Qiang

    ... not prohibited from being mortgaged by law or regulation'. For the first time in the mainland, the Property Rights Law has introduced a 'floating charge' concept to permit the mortgage ... in real property (to replace the fragmented and user-unfriendly system currently in place); the rights of the buyer and the seller of real property to register a notice of the proposed sale ...

  3. Payment to SFC erases blot on licence

    Posted May 14th 2004, 12:00am by Enoch Yiu

    ... Enoch Yiu Hong Kong's securities watchdog has, for the first time, accepted a monetary settlement from a senior derivatives broker in lieu of disciplinary action, prompting calls from ... said. The SFC investigation involved Mr Blot's use of 'placing schemes' between October 1998 and May 1999. At the time, a brokerage could issue derivative warrants only ...

  4. Key victory for flat buyers in legal battle with developer

    Posted Jan 04th 2010, 12:00am by Joyce Ng

    ... development in Kowloon Tong on time. The buyers are seeking more than HK$1 million from Match Power Investment, which they claim breached the property purchase contract as it obtained the certificate of compliance from the Buildings Department in July 2004, five months after the scheduled completion date. The Court of First Instance ruled that a letter the developer asked the buyers to sign when ...

  5. Kerry's new Branksome on the crest of a wave of luxury

    Posted Nov 10th 2004, 12:00am by Kenneth Ko, Vanapa Ongvises

    ... independent survey shows for the first time in many years a high percentage of multinational companies confirming their plans to expand business and increase employment next year. This is definitely ... is setting a benchmark in top-end luxury developments in Mid-Levels. Boasting first-class quality and services, the apartments are leasing at an average monthly rental of more than $40 per square ...

  6. Business - Property - PROPERTY

    Hong Kong homebuyers hail 'honest' sales law

    Posted Apr 30th 2013, 12:00am by Paggie Leung, Joyce Ng

    ... At the same time, the director of the Sales of First-hand Residential Properties Authority, Eugene Fung Kin-yip, said it was a good sign that the new law had halted most sales of new homes, as many ... Paggie Leung and Joyce Ng But some customers still trying to get used to new way of presenting saleable areas of flats Home buyers hail 'honest' sales law Homebuyers have ...

  7. Developer wins right to hire top British barrister

    Posted May 19th 2011, 12:00am

    ... of failing to complete a luxury residential project on time. In the Court of First Instance, Mr Justice Michael Hartmann approved an application made by Match Power Investment to instruct Nicholas Green QC, former chairman of the Bar Council of England and Wales, to appear before the Appeal Committee on June 9. In the case, seven buyers of One Beacon Hill, Kowloon Tong, are seeking more ...

  8. Legislators angry at US warning on arms deal

    Posted Oct 07th 2004, 12:00am by Jacky Hsu

    ... he wished the American official had not made the comment. At a legislative session yesterday, People First Party lawmaker Lin Yu-fang, a military expert and a professor on international ... and several academics have opposed the deal, saying it was too expensive and would not be effective to counter a mainland attack by the time the weapons were delivered to Taiwan in 10 to 15 years. ...

  9. Leaky legal umbrella put to test

    Posted Dec 13th 2004, 12:00am by Jane Moir

    ... for older homes. However, title insurers would enable this older land to be brought on to the register at any time, by providing indemnity to the buyer. In the event of a dispute over title, the home owner would go straight to the insurer. Hilary Cordell, a solicitor and chief executive of insurer First American's Hong Kong operation, is a keen advocate, the insurer having ...

  10. In Brief

    Posted Mar 11th 2008, 12:00am by Staff Reporter

    ... was 4,948. He said some passports could have been sold to snakehead syndicates. In the past three years, the department has arrested five buyers and seven sellers. Cost-recovery time ... directly to the Court of Appeal. Mr Justice Michael Hartmann in the Court of First Instance agreed yesterday with an application from the government in its appeal against the finding of Magistrate ...




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