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  1. Fund puts luxury property up for sale

    Posted Apr 27th 2004, 12:00am by Staff Reporter

    ... Ernest Kong Lend Lease Real Estate Investment, a subsidiary of Australian property giant Lend Lease Corp, is the latest foreign fund to attempt to cash in on rising sentiment in Hong Kong's luxury property sector, putting its residential tower on Kennedy Road, Mid-Levels, up for tender. Asia Pacific Investment Co (Apic), a fund managed by Lend Lease Real Estate Investment, ...

  2. 'King of luxury property' found guilty in $222m fraud scheme

    Posted Mar 25th 2004, 12:00am by Sara Bradford

    ... Sara Bradford The 'king of luxury property' can now count Lai Chi Kok Reception Centre as his new abode after a jury yesterday found him guilty of a $222 million fraud conspiracy. Chin Kam-chiu, 46, former chairman of the Keen Lloyd Group of Companies and a flamboyant speculator, was convicted of a charge of conspiracy to defraud after a Court of First Instance jury ...

  3. HK buyers of luxury properties in for the long haul

    Posted May 01st 2004, 12:00am by Peggy Sito, Sandy Li

    ... Peggy Sito and Sandy Li Hong Kong citizens who own residential properties in Shanghai seem unfazed by government measures to cool the sector. Despite expectations of a short-term correction in home prices, most investors are holding on to their property assets for the long-term. Philip Lai Chun-hong said: 'The Shanghai market remains promising.' The human resources ...

  4. Home buying dents luxury rentals

    Posted Mar 17th 2004, 12:00am by Sandy Li

    ... Sandy Li Luxury residential rentals have posted their first decline in six months as a growing number of tenants turned home-buyers in anticipation of capital appreciation of property assets. A survey conducted by Ricacorp Properties on 36 big luxury projects revealed that rentals fell 1.2 per cent last month from January. Ricacorp Properties sales director Eric Cheung said ...

  5. Luxury project stands out

    Posted Apr 21st 2004, 12:00am by Staff Reporter

    ... director of Kerry Properties, said Hong Kong developers could enter the market only by building luxury residential projects. 'You can never compete on building cost with mainland developers; ... Ernest Kong Central Residences, Kerry Properties' first foray in the Fuzhou residential market, is a rare case of a foreign developer in a market dominated by local developers. ...

  6. More HK investors buying luxury flats on mainland

    Posted Dec 23rd 2004, 12:00am by Agnes Lam

    ... involving $1.2 billion, compared with 2,050 deals worth $860 million last year, according to Centaline (China) Property Consultants. Centaline's assistant general manager Clement Luk said there had been an increasing trend for Hongkongers to invest in luxury flats in city centres. He named Shenzhen and Guangzhou as the two most active markets. 'Tianhe and Panyu in Guangzhou ...

  7. Kerry gets lavish with luxury services in value-added drive

    Posted Oct 20th 2004, 12:00am by Kenneth Ko

    ... Reports by Kenneth Ko KERRY PROPERTIES IS offering increasingly sophisticated and personalised services to residents staying at its luxury portfolio to meet their expectations for better ... this respect, we have expanded and strengthened our team by providing more training for staff,' she said. Under the umbrella of Kerry Residence are four prestigious properties- Aigburth, Tavistock, ...

  8. Profit-taking rife as prices soar in luxury homes sector

    Posted Mar 24th 2004, 12:00am by Peggy Sito

    ... up for tender. The property is estimated to be worth $160 million, double what he paid for it two years ago. Shun Tak Holdings is selling its luxury residential block, comprising 30,000 sqft ... Victor Lai, managing director of Centaline Surveyors, a unit of Centaline Property Agency, said the disposal trend would slow when this batch of sales was completed. The second batch of luxury ...

  9. Arrival of more senior executives lifts luxury segment

    Posted Oct 20th 2004, 12:00am by Kenneth Ko

    ... units early this year. Mr Fung expected serviced apartment rents in Mid-Levels to rise a further 5 to 10 per cent in the short term. Luxury Rental offers advice and solutions to small property ... within a short time. Signature Homes, the luxury residential marketing arm of Sun Hung Kai Properties, also said the atmosphere for the general leasing market had improved. A spokesman said ...

  10. Return of expats bolsters HK luxury rental market

    Posted May 05th 2004, 12:00am by Peggy Sito

    ... Peggy Sito Landlords are rushing to lease their luxury properties to take advantage of the return of expatriate tenants. Three luxury residential projects being offered on the market ... has slowed down as prices of luxury residential properties have surged as much as 100 per cent over the past few months,' said Mr Koh, whose company is marketing the Tregunter III ...




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