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  • September 18, 2014
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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. E2-Capital plans to spend $400m on luxury housing

    Posted Jul 13th 2005, 12:00am by Staff Reporter

    ... Fiona Lau and Foster Wong Financial services group E2-Capital (Holdings) plans to spend $400 million to develop a luxury residential site in Kowloon City as part of its efforts ... neighbouring buildings soon. The combined site will be redeveloped into a single luxury residential tower with a gross floor area of 70,000 square feet. 'Including the land premium ...

  3. Residential sales to net $5b for Asia Standard

    Posted Jul 21st 2005, 12:00am by Staff Reporter

    ... Foster Wong Asia Standard International Group expects to cash in $5 billion from sales at six residential property projects over the next three years. The property investor said it would focus on middle to luxury residential developments from now on after a co-developed high-end project Grosvenor Place in Repulse Bay helped the company post its first net profit since 1999. ...

  4. Residential demand high in Indonesia and Malaysia

    Posted Mar 09th 2005, 12:00am by Kenneth Ko

    ... landed properties and luxury condominiums is particularly strong in Kuala Lumpur and its surrounding hinterland, according to DTZ Debenham Tie Leung. New launches of such properties have been ... climate in Jakarta, investments in new developments, particularly residential and retail developments, were active throughout 2004. Condominium projects continued to dominate new property ...

  5. 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 ...

  6. Luxury market sentiment improves

    Posted Jun 04th 2008, 12:00am by Yvonne Liu

    ... as well as an Asian price record for a house on the Peak shows that buyer concerns about the outlook for the luxury sector are over, agents say. Sun Hung Kai Properties last week sold a 5,069 square foot house at Severn 8 on the Peak to a buyer it identified as a Chinese businessman for HK$283.8 million or HK$55,987 per square foot. The deal set a price record for residential property ...

  7. 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: ...

  8. 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. ...

  9. Developers eye luxury sites

    Posted Oct 15th 2003, 12:00am by Peggy Sito

    ... left unsold, 25 of which are residential or residential-commercial. Koh Keng-shing, managing director of property consultant Landscope Realty, said limited land supply on The Peak would push developers to pay a higher price for the Peak Pavilions site. Mr Koh said the luxury residential market had ended its slump, and the outlook was positive in the light of strong sales response ...

  10. Luxury Stanley units lure Taiwanese firm

    Posted Nov 12th 2003, 12:00am by Staff Reporter

    ... Large-scale foreign investment in the residential market has shown signs of a revival after a Taiwan company bought 10 luxury residential homes in Stanley for $360 million. Donald Fan ... with the buyer for about a month and the deal was finally made last Saturday,' Mr Fan said. He said the Taiwanese group bought the properties for their potential rental income. To date, 22 houses ...




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