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  • July 14, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Hong Kong-listed Lai Fung pays record price for Shanghai parcel

    Posted Jul 10th 2014, 04:56am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Lai Fung bucks trend with Shanghai plot buy Shanghai sold a small residential parcel to Hong Kong-listed Lai Fung Holdings at a record price yesterday, ... because of a glut and tight credit conditions, with a rising number of auctions failing to sell parcels in recent weeks. The Shanghai government is requiring Lai Fung to finish construction ...

  2. Property - Hong Kong & China

    Ocean Park appoints Lai Sun to build new Ocean Hotel resort

    Posted May 20th 2014, 12:56am by SANDY

    ... Sandy Li sandy.li@scmp.com Construction is expected to start later this year and the hotel is targeted for completion in 2017 Lai Sun chosen to develop HK$4.1b Ocean Park resort Ocean Park has appointed Lai Sun Development, headed by Hong Kong Tourism Board chief Peter Lam Kin-ngok, as its partner in the development of its HK$4.1 billion resort hotel, it said in an announcement ...

  3. Property - Hong Kong & China - PROPERTY

    Cash-strapped mainland developers delaying commissions to property agents

    Posted Jun 13th 2014, 10:47am by SANDY LI AND LANGI CHIANG

    ... said developers in third and fourth-tier cities were suffering the most as sales fell sharply and banks slowed the granting of mortgage loans. Alan Chiang Sheung-lai, who heads residential ... However, he said residential sales accounted for less than 5 per cent of DTZ's total revenue, so the delayed commissions had only had a limited impact on the company. Sherman Lai Ming-kai, ...

  4. Property - Hong Kong & China

    Midland calls for investigation into shareholder

    Posted Jun 27th 2014, 01:05am by Sandy Li

    ... in January after he asked Angela Wong to step down, questioned Wong's wife, Metty Tang Mai-lai, who he claimed did not report to work but still received HK$4.64 million in salary last year. ...

  5. Property - Hong Kong & China - HOSPITALITY

    Lai Sun returns to hotel business in Hong Kong

    Posted Mar 04th 2014, 02:42pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Chew Fook Aun of Lai Sun Development explains why firm is re-entering the hotel business Lai Sun eyes hotels amid rise in visitors Years after it demolished two five-star hotels it owned in Central to make way for office projects, midsize developer Lai Sun Development is looking to re-enter the hospitality industry in Hong Kong. The firm will enter ...

  6. Property - Comment - BRICKS & MORTAR

    Wong family finds way to safeguard property investments

    Posted Jun 03rd 2014, 01:31am by Sandy Li

    ... Metty Tang Mai-lai received HK$4.64 million last year, down from HK$5.99 million in 2012. Tang is an executive director of Midland and the chairman and managing director of listed subsidiary ...

  7. Property - Hong Kong & China - C-SUITE

    Mainland China’s economic growth top concern of investors

    Posted Mar 04th 2014, 03:15pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Chew Fook Aun has breathed life into the investment engine of the Lai Sun group since joining the firm in 2012. He says the mainland economy is a top concern of overseas investors Malaysian accountant Chew Fook Aun, 51, joined the Lai Sun group in June 2012 to restart the investment engine of one of Hong Kong's oldest developers, which at the time ...

  8. Property - Hong Kong & China - C-SUITE

    As Centaline China matures, it is taking a leading market share in new cities

    Posted Mar 18th 2014, 01:43pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Centaline Group chairman Sherman Lai foresees further mainland growth by expanding to more cities and taking on strong competition from the likes of online property agency Home Link Sherman Lai Ming-kai, 50, took the reins of Centaline Group when founder Shih Wing-ching retired from the chairmanship in January 2010. Lai was previously in charge ...

  9. Property - Hong Kong & China - E-COMMERCE

    Centaline to build up its online business in mainland China

    Posted Mar 18th 2014, 02:41pm by Yvonne Liu

    ... the competition from Home Link, our largest competitor on the mainland. "This year, we will invest heavily in the online business," said Sherman Lai Ming-kai, chairman of Centaline Group, ... market, Lai said. Our goal last year was to counter the competition from Home Link Centaline's Sherman Lai E-commerce on the mainland is more popular and well-developed than in Hong Kong, he ...

  10. Business - Companies - EARNINGS

    Lai Sun eyes stronger leasing to boost cash flow

    Posted Oct 10th 2013, 12:00am by Yvonne Liu

    ... to lift Lai Sun's cash flow The Lai Sun group of companies says it aims to strengthen cash flow by increasing the leasing of properties in Hong Kong and on the mainland. The group's property flagship Lai Sun Development (LSD), which is focused on the Hong Kong property market, owns a leasing portfolio of 1.4 million square feet. LSD deputy chairman Chew Fook Aun said: ...




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