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  • July 15, 2014
  • Last updated: 12:14am
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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

    ... and get the homes ready for delivery in four years. No pre-sale is allowed, the first time such a requirement is written into a government land auction document. Each building in the project is capped at a maximum of 24 metres in height, which some analysts said means Lai Fung will have to target the very high-end market to make a profit. The previous record for a land sale in Shanghai ...

  2. Business - Property - PROPERTY

    Developers regaining taste for land sales

    Posted Sep 03rd 2012, 12:00am by Peggy Sito

    ... for land sales Property developers on the mainland are gradually recovering their appetite for acquiring development sites, but improved prices fetched at recent land tenders have yet to ease the financial woes of local governments that depend on land sales as a major source of their revenue. Taking advantage of the recovering demand for land, local authorities on the mainland are therefore ...

  3. Property - Hong Kong & China - PROPERTY

    Vanke gains access to offshore capital with H-share listing

    Posted Jun 24th 2014, 05:58am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com HK listing allows developer to cut fundraising costs as market correction erodes its margin Vanke gets access to offshore capital on H-share route China Vanke's scheduled trading of H shares on Hong Kong's main board tomorrow will enable the mainland's biggest developer by sales to tap the offshore capital market and cut fundraising ...

  4. Property - Hong Kong & China - ACQUISITIONS

    Developers’ caution in buying land could threaten local government finances

    Posted Apr 01st 2014, 03:36pm by Langi Chiang

    ... sales for a large portion of their revenues. While this revenue source has proven to be quite lucrative, it has also been highly volatile Moody's Investors Service Even China Overseas Land & Investment, the country's biggest listed developer by market capitalisation, is turning cautious, although it was still aggressively snapping up land parcels until recently- spending ...

  5. Business - Money - LISTINGS

    Gazprom may list in HK amid China sales focus

    Posted Jun 27th 2014, 01:04am by ERIC NG AND REUTERS

    ... Eric Ng and Reuters in Moscow eric.mpng@scmp.com Gazprom may list in HK amid China sales focus Russia’s Gazprom, the world’s largest natural gas producer, has been in discussions about a Hong Kong listing and may use the yuan  in a recently agreed gas export deal with China, as it seeks to reduce reliance on the European market. Gazprom listed on the Singapore stock exchange ...

  6. Property - Hong Kong & China

    Developers seen staying cautious on land acquisitions

    Posted Jun 21st 2014, 12:54am by Yvonne Liu

    ... Territories home record in terms of price per square foot this week. A price list released by Henderson Land on Thursday for the remaining 24 flats at 39 Conduit Road in Mid-Levels West featured what ... Yvonne Liu yvonne.liu@scmp.com Developers stay cautious on land acquisitions Hong Kong developers are likely to remain cautious about buying land, industry watchers say, even though ...

  7. Property - Hong Kong & China - HONG KONG RESIDENTIAL

    Sales plunge 20pc in Tai Po, but homeowners in no rush to sell

    Posted Jun 17th 2014, 02:54pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Tai Po home sales fall by 20pc Sales in the secondary residential market in Tai Po plunged 20 per cent last week after Sino Land announced lower-than-expected ... to sell at a big discount in response to negative news. He expects the secondary market to remain quiet owing to abundant supply. Last week, Sino Land released the price list for 110 units ...

  8. News - Hong Kong - HOUSING

    Local opposition casts more doubt on land sale list

    Posted Mar 02nd 2013, 12:00am by JOYCE NG AND SANDY LI

    ... Joyce Ng and Sandy Li Some of the sites selected for building new flats face local opposition, on top of other challenges to them being used any time soon Land sale list runs into more ... developers could trigger land sales, and said the government would release some of the sites on the sale list every quarter. It was already clear that most of the 28 sites would not be available ...

  9. Property - Hong Kong & China - TOWN PLANNING

    Rezoning delays could thwart government’s plans to boost land supply

    Posted Mar 11th 2014, 03:57pm by Yvonne Liu

    ... target for land sales The Hong Kong government faces a challenge in meeting its target for land sales in the coming financial year because a majority of the sites in its Land Sale Programme have ... of real estate and construction at the University of Hong Kong. As part of its policy to increase land supply, the government began to earmark more sites in the rezoning process for the land sale ...

  10. Business - Money - LISTINGS

    Two listing candidates brave tough markets in efforts to raise HK$2.8b

    Posted Jun 12th 2014, 01:10am by Ray Chan

    ... Zhuhai Da Hen Qing, a land developer in the city connected to Macau's Cotai area, is also gauging interest for its US$300 million share sale. Both deals are expected to take place by the end ... Ray Chan ray.utchan@scmp.com Landscaper Earthasia and lingerie maker Cosmo Lady among smaller offerings pitched to traders Firms brave tough market in efforts to raise HK$2.8b Two listing ...




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