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  • August 21, 2014
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  1. High price to pay for a life of luxury

    Posted Oct 15th 2010, 12:00am by Kenneth Ko

    ... Kenneth Ko The luxury homes market continues to sizzle, with developers and buyers showing faith in the growth prospects for new properties. Among the new luxury projects to have gone ... the mainland, eagerly snapped up the luxury homes despite government policies aimed at curbing property speculation. Property consultants remain optimistic about the luxury market and expect prices ...

  2. Developer's taste for luxury

    Posted May 23rd 2008, 12:00am by Staff Reporter

    ... retail and residential properties is venturing into the hotel industry. Its goal is to provide an exceptional experience for travellers who seek individuality, style and personalised service. Although Swire Properties already has extensive experience in developing properties for high-class hoteliers around the world, it is now branching out into the small luxury hotel business. ...

  3. Property - Hong Kong & China - RETAILING

    Global brands pause as store sales growth slows on China

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

    ... as retail sales growth slows Global brands have scaled back their expansion plans on the mainland due to slowing growth in retail sales. "Luxury brands turned cautious on expansion in first-tier cities in the first quarter," said Thomas Lam, head of research for Greater China at property consultancy Knight Frank. While total retail sales volumes stayed strong in the first ...

  4. Luxury brands take over in HK's malls

    Posted Mar 30th 2011, 12:00am by Paggie Leung

    ... to the high-priced luxury international brands favoured by mainland visitors. The trend could see an exodus of mid-range retailers to other Asian cities, because they are finding it increasingly difficult to meet the soaring rents in Hong Kong, said local property agents. 'The city will become like Beverly Hills, London's West End, or Hawaii, offering only the highest-quality products ...

  5. Engel & Volkers enters Macau luxury sector

    Posted Oct 08th 2008, 12:00am by Peggy Sito

    ... Peggy Sito Engel & Volkers, a property franchiser specialising in the luxury residential sector based in Germany, is to launch its first shop in Macau. 'The market is slow but we ... property brokerages that already have an established presence in the market. Estate agents said that individual owners had been prompted to lower their asking prices because of uncertainties ...

  6. Luxury at The Legend balm for well-heeled

    Posted Jun 08th 2005, 12:00am by Staff Reporter

    ... addition to the large-scale luxury developments on Hong Kong Island. The gardens, characterised by depictions of Chinese mythology, are being replaced by four glitzy residential towers that will be marketed to flat-seekers looking for new luxury apartments from 1,500sq ft. Flats in The Legend will attract high-end buyers, with prices for the smallest sea-view units beginning at $20 million, ...

  7. Property deals expected to rise 30pc over holiday

    Posted Oct 02nd 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu National Day holiday fever is expected to reignite the Hong Kong property market over the next 11 days. Centaline Property Agency executive director Louis Chan Wing-kit said ... Properties recorded 356 deals from September 21 to 27, a fall of 8.7 per cent from a week earlier. David Chan Tai-wai, a director of the firm, said the fall in transactions was because home-seekers ...

  8. Property agencies on expansion trail

    Posted Oct 09th 2003, 12:00am by Peggy Sito

    ... property market and the overall economy,' Mr Wong said. He said sales of luxury residential flats, low to middle-range flats, office buildings and shops had improved, while property buyers ... Increase in sales offices and staff comes amid more home buying and higher returns Hong Kong property agencies are planning to expand their outlets for the first time since the peak ...

  9. Soft rental market reins in Macau property spiral

    Posted Nov 21st 2004, 12:00am by Chris Oliver

    ... for breath, with prices unlikely to resume their upward spiral ahead of the completion of major casinos scheduled for 2006, agents say. Prices for well-located luxury property have risen 100 to 150 ... a dozen luxury properties for rental- all recently purchased by non-Macau investors. 'The rate of increase [in property prices] is going to be far more realistic than in the past ...

  10. Business - Companies

    PPR buys majority stake in jeweller Qeelin

    Posted Dec 11th 2012, 12:00am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com French luxury giant promises more new stores on the mainland and Hong Kong soon PPR buys into local jeweller Qeelin Top luxury groups, apart from opening new stores in China, are acquiring promising local brands as a way to expand in the world's second-largest luxury market. Paris-based conglomerate PPR, which owns Gucci, Saint Laurent ...




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