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  1. NT luxury tower joins premium pricing trend

    Posted Oct 23rd 2009, 12:00am by Peggy Sito

    ... Peggy Sito The surge in luxury property prices on Hong Kong Island has spilled over to other districts, with a new residential project in western New Territories on the market ... Westminster Terrace in Yau Kam Tau. The average price of the newly completed single-tower development, comprising 59 duplexes ranging from 3,200 to 6,500 square feet, is HK$13,000 per square foot ...

  2. Housing chief defends cut-price flats sale

    Posted Feb 11th 2004, 12:00am by Chloe Lai

    ... for the government but left unsold to help stabilise property prices was not sold back to its developers too cheaply, the housing chief insisted yesterday. Secretary for Housing, Planning and Lands Michael ... However, Mr Suen said the deal meant the Housing Authority- which under the original scheme guaranteed to buy back all units at a pre-set price to sell them as subsidised housing- would save $1.9 ...

  3. After a long streak of losses, the house starts winning once more

    Posted May 01st 2009, 12:00am by Staff Reporter

    ... Neil Gough Surprise, surprise- the house is winning again. After spending most of last year in bearish hibernation, shares in Macau casino operators are back on a bull run. SJM Holdings, ... painfully dilutive US$2.1 billion sale of new shares in November. But the recovery in casino revenues and the rally in share prices appear to have initiated a thaw in the markets, allowing funds ...

  4. Regal bides its time to cash in on price rises

    Posted Nov 17th 2004, 12:00am by Kenneth Ko

    ... for the remaining houses at its Regalia Bay development in Stanley to take advantage of an expected rise in prices. Since it was launched last year, the project has seen increasing interest from end-users and investors, and prices have risen steadily. The company's executive director, Donald Fan Tung, said 95 houses had been sold since last year's launch, generating proceeds of more than $4 ...

  5. Rich pickings for loan guarantors, but at a price

    Posted Feb 12th 2011, 12:00am by Shirley Yam

    ... and produced more than 100 pages of documents for the legislature. Shortly afterwards, his office, where many of the documents were housed, caught fire. He told reporters he was in great danger ...

  6. Rejuvenation plans for old areas could push up prices

    Posted Jan 19th 2005, 12:00am by Peggy Sito

    ... Chun-kuen. The Hong Kong Housing Society is to spend $3 billion over the next 10 years to help flat owners revamp and maintain their ageing properties. Lau Chong-kong, regional director at Jones Lang ...

  7. Cheung Kong raises home prices as economy revives

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

    ... Improved market sentiment encourages firm to ask for up to 10 per cent more Cheung Kong (Holdings) plans to raise the prices for the remaining units at its Banyan Garden and Hampton Place projects as buyers grow more confident with a firming economy. From Monday, prices for 60 units at Banyan Garden in Cheung Sha Wan will be increased by 3 per cent after a 3 per cent rise earlier ...

  8. Longrun buys major stake in tea house chain

    Posted Sep 08th 2010, 12:00am by Nick Westra

    ... in a popular chain of mainland tea houses. Longrun Tea agreed to pay 4.5 million yuan (HK$5.14 million) for a 70.9 per cent position in a joint venture between a wholly owned subsidiary and the Tea ... to the tea houses and cross-sell our products,' Colman Chiu, vice-president, investor relations of Longrun Tea, said. 'And the network is big so we expect the sales will be big.' ...

  9. Business - China Business - PROPERTY

    Chinese Estates builds reserves with sale of stake in Jiangsu joint venture

    Posted Sep 07th 2012, 12:00am by Yvonne Liu

    ... expected property prices would grow 7 to 8 per cent a year. Now, they expect they will climb only 2 to 3 per cent a year, owing to the government's housing policies," Chiang said. ... in Jiangsu province for US$500 million to increase its cash reserves. The company paid the same price to buy into the venture in June last year. In a statement to the stock exchange yesterday, ...

  10. Suen faces Hunghom Legco quiz

    Posted Feb 17th 2004, 12:00am by Martin Wong

    ... Martin Wong The housing chief will appear in the Legislative Council today to explain the controversy over the sale of the Hunghom Peninsula. The government has been criticised for selling the harbourfront housing estate, built under the now-defunct Private Sector Participation Scheme for a cut-price $2.778 billion to First Star Development, a joint venture between Sun Hung Kai Properties ...




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