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  • July 29, 2014
  • Last updated: 3:04am
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  1. Property - Hong Kong & China - DEVELOPMENT

    Hong Kong needs master plan for urban development, architect says

    Posted Jul 22nd 2014, 03:19pm by Yvonne Liu

    ... be better for them if the new districts could offer more job opportunities. "We shouldn't use all of the land in the district for residential development only. We should be concerned about the future business activities in the area," Lu said. "The government should [set aside land to] try to create local employment in the area. It would be better for the future development ...

  2. News - Hong Kong - HOUSING

    High management fees likely for single-block developments, say property specialists

    Posted Jul 25th 2014, 03:42am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Property specialists note that the government is pushing small developments to boost flat total High management fees likely for single-block homes The growing trend towards single-block flat developments as a result of the government's aggressive hunt for building land is likely to push up management fees for buyers of both private and subsidised ...

  3. Property - Hong Kong & China - DEVELOPMENT

    Business park developer sets 4b yuan floor area target

    Posted Jun 25th 2014, 01:30am by Sandy Li

    ... said Huang Liping, the company's founder and chairman. With 8.69 million sqmetres of gross floor area completed or under construction and land set aside for future development, Optics ... had a land bank of about seven million sqmetres, sufficient for seven years of development, he said. The company and its joint ventures had completed 15 business parks in Wuhan and Ezhou ...

  4. Property - Hong Kong & China - ACQUISITIONS

    Chinese developers to remain cautious on buying land

    Posted Jul 09th 2014, 05:02am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Developers cautious on buying land Mainland developers will likely remain cautious when bidding for land parcels in the second half of the year, even ... in 2013. However, it cooled off in the second quarter as developers conserved cash in anticipation of a deepening market downturn. "The land market has not bottomed yet," said Tian Ming, ...

  5. Property - Hong Kong & China - ACQUISITIONS

    Developers’ caution in buying land could threaten local government finances

    Posted Apr 01st 2014, 03:36pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Developers exercise extra caution as costs rise, dampening local government revenue hopes Mainland firms play safe on land purchases "Caution" is a word commonly used by mainland developers when talking about their land acquisition plans this year. That bodes ill for some local governments that are under pressure to refinance. Sentiment ...

  6. Weststar soars with developments of the future

    Posted Mar 21st 2014, 05:41pm by Reports by Elaine Deng, Krystin Chu, Stacey Johnson, Khay Inn Poh and Jessica Ryan

    ... the robust economic atmosphere in Malaysia are the country's key industry players- but few reflect such dynamism better than homegrown conglomerate Weststar Group of Companies. On land ... That was the luxury vehicle market 10 years ago; today it is aviation, defence and commercial vehicles," Syed Azman says. "These are the businesses of the future, which I have come to learn ...

  7. Property - Hong Kong & China - PROPERTY

    Increase in land supply helps small developers compete with big firms

    Posted Jul 01st 2014, 04:11am by Sandy Li

    ... Sandy Li sandy.li@scmp.com An increase in land supply gives minor players a chance to compete with the bigger companies Small developers back with a bang Small developers are flocking back ... and medium-sized developers struggled to compete in government land sales or auctions dominated by big conglomerates. "Previously, every lot had been sold for outrageous amounts of several billion ...

  8. News - Hong Kong - DEVELOPMENT

    Battle over new towns plan is for the future of Hong Kong, say villagers

    Posted Jun 29th 2014, 05:41am by Ada Lee, Emily Tsang, Amy Nip

    ... and Fanling are vital to its plans to ease the city's shortage of flats. But opponents say much of the land will be used for luxury homes and that developers and government "cronies" ... people joining the fight. "It shows that the development of the northeast district is not only about the villages, it is about Hong Kong's future" She urged objectors to the scheme ...

  9. Business - Companies - PRIVATISATIONS

    New World buyout proposal rejected

    Posted Jun 17th 2014, 04:41am by Yvonne Liu

    ... proposal rejected Shareholders of New World China Land yesterday rejected New World Development's HK$18.6 billion proposal to take the company private, effectively throwing the parent ... New World said in March the privatisation could facilitate New World China's fundraising in the future. While New World China would require substantial funding for future developments ...

  10. Business - Companies

    Future Land, undeterred by lukewarm Hong Kong capital market, plans $2.54b IPO

    Posted Nov 19th 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Undeterred by tepid market, Jiangsu-based Future Land hopes to raise HK$2.54b Mainland property firm offers 1.42b shares Future Land Development, a property ... not adopted any new measures to cool the sector this year. "Under such circumstances, the enthusiasm to acquire land among property developers is rising," Wang said. Future Land said 90 per ...




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