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  1. Luxury residential rents rebound as firms ease cost control

    Posted Jun 24th 2009, 12:00am by Peggy Sito

    ... rate in the sector last month and a rebound in residential rents. The average rent of luxury residential property grew 1.8 per cent last month, it said, the first monthly increase since ... Peggy Sito and Fulton Mak Falls in rents of luxury residential units in Hong Kong have shown signs of slowing recently as foreign corporations ease up on their tight cost control measures ...

  2. Economic woes keep lid on luxury residential prices

    Posted Mar 13th 2009, 12:00am by Martin Donovan

    ... of restrictions on Shenzhen residents travelling to Hong Kong could help the luxury residential sector. 'If they feel they could come here and be able to buy property it would be beneficial. Of 1.3 ... Martin Donovan The luxury residential market has become a divided arena with jittery investors on one side cutting rents and sales prices, while on the other robust developers stand ready ...

  3. Residential market defies downturn

    Posted Jun 17th 2009, 12:00am by Peggy Sito

    ... Hong Kong, raised concerns over falling residential rents, reflecting declining investment returns in the market. But he said the limited supply of luxury homes would allow them to outperform other segments in the short and longer terms. Craig Shute, the senior managing director, CB Richard Ellis Hong Kong, Macau and Taiwan, expects luxury residential prices to climb a further 10 per ...

  4. Residential rental market shows signs of stabilising

    Posted Apr 23rd 2009, 12:00am by Peggy Sito

    ... Peggy Sito The leasing residential market has shown signs of stabilising in the past month, but the outlook remains unclear, according to property consultants. In its latest research ... Mr Koh said, adding when the bargain deals were absorbed, the falling pace slowed. The decline in luxury residential rents slowed to 0.8 per cent last month, after dropping about 32 per cent ...

  5. Kowloon pips Island in luxury flats

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

    ... director of Centaline Property Agency, agreed. He said most of the luxury residential buildings in the Mid-Levels were now more than 10 years old. 'The facilities of new projects in Kowloon ... to buyers in the luxury segment, said Richard Tong, a veteran investor and the chairman of Coda Properties. 'Location does matter. I would only buy luxury residential properties in Island ...

  6. Supply remains low in Sha Tin's luxury sector

    Posted Jun 19th 2009, 12:00am by Staff Reporter

    ... Sha Tin's usually quiet luxury property market has had few transactions in recent weeks. There have been two transactions over the past two weeks- a 1,253 sqft property at Windsor ... But buyers are particularly attracted to semi-detached houses and larger properties of more than 2,000 sqft, and supply of these remains scarce. 'Supply of luxury properties remains low in Kau ...

  7. Henderson sale seen as boost for luxury sector

    Posted Oct 21st 2009, 12:00am by Yvonne Liu

    ... bank Macquarie has upgraded its residential price projections for this year. It now expects the price of luxury residential properties to rise between 30 and 35 per cent this year against its previous projection of a 17 to 20 per cent rise. The firm also expects the price of luxury residential property to rise a further 10 to 15 per cent next year and mass residential prices to rise ...

  8. Secondary luxury home sales rise to 6-month high amid bargain hunting

    Posted Feb 07th 2009, 12:00am by Yvonne Liu

    ... the increased activity at the top end of the market is unlikely to be a sign that the broader market is entering a recovery period. Overall sales of luxury residential property dropped 22 per cent ... of luxury residential are expected to drop further. Rich pickings Sun Hung Kai Properties is looking to sell a luxury three-storey apartment in The Cullinan above Kowloon station for about: ...

  9. Macquarie sells luxury tower at less than cost

    Posted Jun 19th 2009, 12:00am by Peggy Sito

    ... Peggy Sito A property unit of Australia's biggest bank Macquarie Group has sold a luxury residential project in Shanghai at below cost. The bank recently disposed of the 26-storey ... rather than market sentiment. The company would like to streamline its business to focus on commercial properties, so it wanted to sell the residential asset as quickly as possible, he said. ...

  10. SHKP to bid for two Tai Po luxury home sites

    Posted Dec 04th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Sun Hung Kai Properties vice-chairman Thomas Kwok Ping-kwong said yesterday the company would join the bidding for two luxury residential sites in Tai Po at the end ... the 'wall effect' was to reduce the development plot ratio and height limit. 'A sharp cut in the supply of residential sites would have a negative impact on the property market. The urban ...




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