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  • September 20, 2014
  • Last updated: 4:16pm
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  1. Business - Companies - PROPERTY

    Developer China Vast profit drops 17.7pc

    Posted Aug 29th 2014, 11:03am by Enoch Yiu

    ... enjoy the previous tax benefits from January. As a result, its income tax expenses in the first half jumped seven times to 154.65 million yuan. But China Vast, which develops large industrial ...

  2. Property - Hong Kong & China - PROPERTY

    Government not serious about lower home prices, developer says

    Posted Aug 08th 2014, 11:21am by Langi Chiang

    ... is hitting local governments' coffers this year as land premiums and property-related tax contribute at least a third of their income. In some cities, the ratio can exceed 90 per cent. Gu said ...

  3. Business - China Business - PROPERTY

    Shui On Land expects bumper rental income from Corporate Avenue II

    Posted Jan 11th 2013, 12:00am by Sandy Li

    ... Sandy Li in Shanghai sandy.li@scmp.com Office-retail complex Corporate Avenue II could be included in the spin-off of China Xintiandi Shui On expects bumper income from project Mainland developer Shui On Land says its office-retail project, Corporate Avenue II, will generate annual rental incomes of up to 700 million yuan (HK$862.84 million) once all the space has been leased. ...

  4. Property - Hong Kong & China - PROPERTY

    Cofco sees joy in growing mall rentals from Chinese cities

    Posted Jul 07th 2014, 05:28am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Cofco sees joy in mall rental income strategy Cofco Land, a state-backed mainland commercial property developer, opened its sixth Joy City complex yesterday, as part of the company's strategy to eventually generate half of its revenues from rental income, up from less than 10 per cent now. The developer planned to operate 20 such projects ...

  5. Property - Hong Kong & China - PROPERTY

    Mainland China property market cooling down fast

    Posted Jun 16th 2014, 03:12am by Langi Chiang

    ... price-income ratio of between four and eight in cities apart from Beijing, Shanghai, Shenzhen and Guangzhou. ...

  6. Business - Companies - PROPERTY

    Sun Hung Kai Properties bond issue raises S$320m in Singapore

    Posted May 10th 2014, 01:20am by George Chen

    ... as for fixed-income fund managers seeking stable investment returns. The successful launch of SHKP's bond is a clear win for UOB, which competes with DBS, the city-state's biggest lender, in all ...

  7. Property - Hong Kong & China - PROPERTY

    Wuxi takes lead in easing policy to boost home sector

    Posted Apr 28th 2014, 04:44am by Langi Chiang

    ... working in Wuxi mostly earned middle or low incomes and the recent tightening of mortgage loans by banks had made it even harder for them to afford a home. It suggested Wuxi should instead try to rebuild its local industries, such as high-end garment and electronics manufacturing, so that the city could attract more outsiders with jobs offering higher incomes to revive the property market. ...

  8. Property - Hong Kong & China - PROPERTY

    Mainland Chinese tourist boom sparking hotel conversions in Hong Kong's residential areas

    Posted Mar 17th 2014, 12:51am by Yvonne Liu

    ... buildings into lower-tier hotels Frank Sorgiovanni "The owners could generate a higher income if they convert the properties into hotels as there is a shortage of guest rooms in the city," ... and operating a hotel, adding that they were expected to be "highly non-rewarding". "For example, if we generate an income of HK$100 from the hotel business, our net income is HK$60 ...

  9. Business - China Business - PROPERTY

    China Xintiandi to speed up sale of non-core assets

    Posted Oct 18th 2013, 04:31am by Sandy Li

    ... Sandy Li sandy.li@scmp.com The mainland arm of Shui On Land is planning to make improvements to key properties in order to boost rental income China Xintiandi to hurry sale of non-core assets China Xintiandi, the mainland commercial property arm of Shui On Land, will speed up the sale of non-core properties and enhance assets to bolster its income in preparation for a planned ...

  10. Property - Hong Kong & China - PROPERTY

    China's developers shrug off earnings risks from yuan depreciation

    Posted Mar 10th 2014, 06:10am by Langi Chiang, Jeanny Yu

    ... cost.]" Clifford Lee, head of fixed income at DBS Bank, said: "The yuan will continue to be weakish and it will stand where it is now by year's end." ...




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