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  • October 25, 2014
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  1. Supply remains low in Sha Tin's luxury sector

    Posted Jun 19th 2009, 12:00am by Staff Reporter

    ... Meanwhile, a 1,964 sqft property at Shatin Knoll was sold for HK$20 million. There is a wide range of properties in the area, from houses more than 20 years old to newer developments in Kau To Shan. But buyers are particularly attracted to semi-detached houses and larger properties of more than 2,000 sqft, and supply of these remains scarce. 'Supply of luxury properties remains low in Kau ...

  2. Land premium deal may trigger more supply

    Posted Aug 05th 2009, 12:00am by Sandy Li

    ... in the tide for housing supply, say analysts. Cheung Kong reportedly agreed to pay about HK$530 million, or HK$2,050 per square foot, to obtain the right to develop the site adjacent to its completed ... government auction, for HK$305 million. Reflecting the growing imbalance between supply and demand, official data from the Transport and Housing Bureau shows the number of units available for sale ...

  3. Market jittery at prospect of big supply

    Posted Mar 31st 2004, 12:00am by Peggy Sito, Sandy Li

    ... housing market after a mini boom that has produced sharply rising prices. The sale of thousands of new units will test the depth of the recovery, with uncertainty that large-scale demand exists among owner-occupiers still sceptical that a firm bottom has been reached. The expectation of limited supply, coupled with low interest rates and an improved economic outlook, saw home prices ...

  4. Judge clears cartel of fixing bids to supply gates

    Posted Mar 17th 2005, 12:00am by Jonathan Li

    ... Jonathan Li Prosecution fails to show defendants knew their behaviour was dishonest Seven former Housing Authority sub-contractors were acquitted yesterday of forming a cartel to rig tenders for contracts worth $115 million for the supply of gates. A judge found the defendants had indeed formed a cartel, and said they had engaged in shrewd and sharp business practices. ...

  5. Foxconn to supply networks with custom mobile phones

    Posted Dec 30th 2008, 12:00am by Staff Reporter

    ... In Motion and HTC Corp. Mr Wong said Nokia's traditional in-house production strategy for smartphones was set to change because the company was focusing more on software and the mobile content ... Equipment. Tianyu, which supplies the domestic market with mobile phones under its K-Touch brand, secured a collaboration deal last week with US-based Qualcomm, which holds the worldwide patents ...

  6. China scours world for supplies

    Posted May 07th 2004, 12:00am by Staff Reporter

    ... a partner with law firm Baker & McKenzie. 'How do I, as a steelmaker, under pressure to produce more, lock up a line of supply?' Take Shanghai Anxin. The 10-year-old flooring company, with 950 employees in manufacturing plants in Shanghai and Beijing, buys 5,000 cubic metres of wood every month. To guarantee supplies, it recently bought a sawmill in Brazil and is now looking ...

  7. Housing shortage to get better in few years, Henderson boss says

    Posted Jun 02nd 2010, 12:00am by Yvonne Liu

    ... supply of new housing for four years. Chairman Lee Shau-kee yesterday said the company had replenished its land bank by acquiring old buildings, paying land premium levies and converting ... said. 'My land bank is equivalent to the total supply for four years. The other developers also have plenty of land bank. The housing supply will continue to rise in the coming two to three ...

  8. Housing ignores population needs

    Posted Apr 27th 2005, 12:00am by Dennis Eng

    ... Dennis Eng Policies becoming irrelevant, with supply of flats outstripping demand, three reports claim Housing policy may have to be rethought by the government as changes in Hong Kong's demographics are not being adequately reflected in the supply of homes, according to three reports released yesterday. The administration has long insisted the market drives its housing ...

  9. Shunyi government arm pays record for Beijing housing site

    Posted Nov 21st 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu A low-density housing lot in Beijing sold for 29,859 yuan (HK$33,893) per square metre yesterday- the highest unit price for a residential site on the mainland. Beijing Dalong ... in a prime location in a first-tier city available for sale in recent years. Because of the limited land supply for low-density residential construction and the strong demand for luxury villas, ...

  10. Peak house built by film star fetches HK$300m

    Posted Jun 12th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Film star Stephen Chow Sing-chi has sold a house in his joint-venture luxury residential project on the Peak for HK$41,500 per square foot, 21 per cent less than in his last sale before the global financial crisis. However, the unit price is a record for a Hong Kong residential project after the crisis began. A mainlander bought House No18 at Pollock's Path, ...




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