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  • October 22, 2014
  • Last updated: 10:57pm
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  1. Sweeteners now essential part of home-buyer diet

    Posted Sep 03rd 2003, 12:00am by Peggy Sito

    ... their residential projects. Faced with keen competition in a sagging home market, property developers are coming up with a multitude of preferential offers that cater to most needs, all aimed at drumming up sales. Yesterday, a consortium led by New World Development teamed up with Bank of East Asia to offer a cash rebate mortgage for buyers of its Parc Palais in Kings Park Rise, Kowloon. Buyers who ...

  2. Home sales outlook brightens on border

    Posted Aug 27th 2003, 12:00am by Peggy Sito, Sophia Wong

    ... the property price increase that had long been anticipated in the housing sector in the northeast and northwest New Territories. Sammy Po, sales director of Midland Realty's New Territories division, expected home sales in the northwest New Territories would grow 30 per cent as a result of the interest shown by mainland visitors. Prices could rise 10 per cent by the end of next year. ...

  3. At last - luxury homes go on sale at the Bay

    Posted Aug 13th 2003, 12:00am by Sophia Wong

    ... as the first new luxury development overlooking Deep Water Bay in Island South to go up for sale in the past decade. The completed project, at 57-71 Shouson Hill Road, comprises two 5,400-square-foot detached houses and six three-storey townhouses ranging from 4,500 to 5,100 sqft, with a private garden terrace. FPDSavills has been appointed as the joint sale agent. Prestige Home division ...

  4. Home sales soar for Beijing Capital

    Posted Nov 17th 2003, 12:00am by Staff Reporter

    ... the strong sales to a rebound in the residential market and a rapidly expanding economy. According to official figures, Beijing's economy grew 9.6 per cent to 151 billion yuan in the first half. ... sold about 48,000 square metres of residential properties between July and September, which accounted for about 82 per cent of its sales in the first six months, Mr Tang said. 'The ...

  5. Home sales prop up HK Ferry earnings

    Posted Sep 06th 2003, 12:00am by Sandy Li

    ... of $135.7 million in the same period last year. It said profit from operations for the first half was mainly derived from the sale of residential units at Metro Harbour View, the redevelopment ... to benefit,' Mr Lam said. Sales of residential units at Metro Harbour View were slow in the first half due to the soft property market and negative sentiment caused by the Sars outbreak. About 460 ...

  6. Let market rules rule property market

    Posted Oct 11th 2003, 12:00am by Staff Reporter

    ... the market. Yet the momentous decision to suspend land sales, along with other measures to restrict housing supply - such as scrapping the Home Ownership Scheme, under which flats were built ... would be put up for sale and other sites on a reserved list would be auctioned only if developers expressed an interest in buying them. When even such a system was unable to avert further ...

  7. Empty HOS flats are wasting money, says housing lobby

    Posted Aug 04th 2003, 12:00am by Elaine Wu

    ... Critics slam delay in deciding fate of 25,000 units, as queue for public flats grows and authority's money woes worsen Nine months after scrapping its subsidised Home Ownership Scheme ... money from the sales of HOS flats. Legislator Frederick Fung Kin-kee said that left the question of how it could afford to build more public housing. 'If the Housing Authority cannot sell ...

  8. Home shortage drives rush for The Orchards

    Posted Sep 17th 2003, 12:00am by Peggy Sito

    ... Peggy Sito A lack of housing supply in Island East seen as factor behind Quarry Bay sales Torrential rains did not stop house-hunters from arriving in their hundreds to view a newly completed residential project, The Orchards, at 3 Greig Road, Quarry Bay. Potential buyers packed the sales office at the development site on a very wet Monday night asking to view the 422 units ...

  9. SHKP rules out lowering home prices

    Posted Oct 16th 2003, 12:00am by Staff Reporter

    ... Sun Hung Kai Properties (SHKP) says it has no intention of lowering the prices of flats at Sham Wan Towers in Ap Lei Chau despite a slow sales response. About 90 of the 1,040 flats ... selling prices to boost sales but would halt them after flats in Tower One were sold. Sun Hung Kai Real Estate Agency general manager Eric Chow Kwok-yin said the company would consider relaunching ...

  10. Cheung Kong raises home prices as economy revives

    Posted Sep 13th 2003, 12:00am by Sandy Li

    ... a recovery of confidence among home buyers,' Mr Chiu said. With sales improving, prices for Pacifica units could be set above the market level at $3,000 per square foot, he said. Pricing would ... sold for about $3,600 per square foot. Executive director Justin Chiu Kwok-hung said with the improved market sentiment, full-year flat sales at Cheung Kong could reach more than 4,200 units ...




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