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  1. Peak house expected to fetch record price

    Posted Jul 30th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu Sellers of a luxury house on The Peak are confident of achieving a record price following the positive result at this week's land auction. The Shang family, owners of the China Can Company, appointed property agency Jones Lang LaSalle to conduct a tender for the 62-year-old house at 20 Peak Road. The tender will close on September 15. In an auction on Wednesday, ...

  2. Hung Hom housing project sees strong demand despite high prices

    Posted Dec 21st 2007, 12:00am by Sandy Li

    ... or an average of HK$7,000 per square foot. 'Prices for units at HK$9,000 plus per square foot are unbelievably high,' said Adrian Ngan Wai-hung, a property analyst at Bear Stearns. 'The sales figure will serve as an indicator of market prospects.' The pricing had probably taken into account an expected rise in home values next year, Mr Ngan said, adding that prices would ...

  3. Housing sales hit by falling stock market

    Posted Aug 08th 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com Home sales in the secondary market dropped 23 per cent on the weekend as market sentiment was hit by tumbling stock prices around the globe and the announcement that the United States had lost its top-tier AAA credit rating from Standard & Poor's for the first time. A total of 24 transactions were recorded at 10 major housing estates on Saturday ...

  4. Housing chill hurting developer

    Posted Jul 01st 2011, 12:00am

    ... and Poor's, which identified the company as one of three developers that would be particularly vulnerable to liquidity problems and refinancing risks if property prices on the mainland were to drop by another 10 per cent. 'If property prices dropped by 10 per cent, many financial institutions would face problems as well. I don't think the government wants to see that happen,' ...

  5. Developers push housing projects as sales recover

    Posted Apr 06th 2009, 12:00am by Sandy Li

    ... Sandy Li A revival in buying sentiment has prompted several developers to bring new residential projects to the market with competitive pricing strategies. Riding on the back of a rebound in property sales volumes and share prices, Sun Hung Kai Properties, Cheung Kong (Holdings), and New World Development are all racing to release new projects offering a combined 3,700 units. ...

  6. Poor tender results dim hopes for housing sector

    Posted Jan 13th 2012, 12:00am

    ... the Cityside and Tseung Kwan O sites attracting eight bidders, it did not help the properties fetch high prices. 'The bids for the three sites were low. The developers may break even if the projects sell for at least HK$6,000 per square foot, but that is less than current property prices in the areas,' said Vincent Cheung Kiu-cho, a national director of greater China at Cushman ...

  7. Peak house sells for record HK$800m

    Posted Jun 10th 2011, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com A house on The Peak has sold for HK$800 million, or HK$96,362 per square foot, creating a city record. The 8,302 square foot house- No 10 Pollock's Path- was built by Ryoden Development and film star Stephen Chow Sing-chi along with three similar houses on the site of the former 'Skyhigh' development. Skyhigh used ...

  8. Housing development could set NT records

    Posted Aug 26th 2010, 12:00am by Peggy Sito

    ... Peggy Sito In the midst of the government's efforts to cool rising home prices, Sun Hung Kai Properties yesterday said it would build a housing development that could set ... expensive house is to be sold at more than HK$100 million or more than HK$20,000 per square foot. 'It will break the record in the New Territories,' Lui said. At such prices, the project ...

  9. House sales over weekend best in years, agents say

    Posted Sep 10th 2003, 12:00am by Sophia Wong

    ... new supply, high unemployment, deflation and the government deficit. Centaline recorded price rises of about 2 per cent at secondary housing estates last week. ... Primary residential sales surged about 25 per cent as a fresh round of price increases and a cutback by developers of generous sweeteners failed to deter eager Hong Kong home hunters ...

  10. Henderson sets another record with house sale

    Posted Aug 05th 2010, 12:00am by Yvonne Liu

    ... The website said Henderson had sold a 13,033 sq ft house at 11 Headland Road for HK$660 million on Monday. That would make it the most expensive house in Island South in terms of price per square ... than the developer's target price. In a separate deal in Chung Hom Kok late last year, a buyer paid HK$250 million or HK$39,000 per sq ft for a 6,400 sq ft house at 36 Chung Hom Kok Road. ...




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