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  1. Small firms face uphill battle for residential sites

    Posted May 30th 2012, 12:00am

    ... would prove too expensive for small developers, and their locations were not prime enough for them to develop luxury residential projects. 'As the government is expected to roll out more policies to provide subsidised housing in future, smaller developers have been focusing more on luxury residential properties which are supported by strong demand and offer higher profit ...

  2. Business - Companies - PROPERTY

    New residential stamp duty sends chill through mainland Chinese buyers

    Posted Nov 02nd 2012, 12:00am by Paggie Leung

    ... to non-residential properties, such as offices and shops, unless the government implements similar measures in those sectors. Additional reporting by Ray Chan ... a poll shows. Of 229 mainland buyers property agency Midland China surveyed after the new levies were announced last Friday, 62 per cent would not consider buying a home in the city within half ...

  3. Developers' inflation of luxury home sizes probed

    Posted Jun 10th 2007, 12:00am by Chloe Lai

    ... Chloe Lai The government is examining why developers of two luxury residential projects in Sai Kung have included areas like covered parking spaces when calculating home size, when these areas were excluded from their calculations during previous sales. The Housing, Planning and Lands Bureau said the matter was under investigation. As the South China Morning Post's Property ...

  4. Cheung Kong profits rise 52.6pc after shift to high-end property

    Posted Mar 31st 2010, 12:00am by Amanda Lee

    ... by residential projects completed in 2008 and in 2009. In 2008, property sales came from the Capitol in Tseung Kwan O and Seasons Monarch in Yuen Long along with Maison des Artistes and Regency Park ... for luxury housing in Hong Kong will continue to increase. It is not related to the health of the economy, but the strong liquidity,' he said. Mainland buyers would still drive luxury property ...

  5. Interest strong in two residential sites despite uncertain outlook

    Posted Jan 07th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com The bidding for two residential sites, in Tseung Kwan O and To Kwa Wan, received strong interest from developers yesterday, even though the property market ... with a gross floor area of 48,818 sqft. About 91 per cent of the floor area is for residential use. Sino Land, Nan Fung Development, Cheung Kong, K Wah International, Sun Hung Kai Properties and New ...

  6. Legend flat fetches record HK$32,000 psf

    Posted Mar 20th 2007, 12:00am by Carol Chan

    ... banks. Sino Land, Nan Fung Development and K Wah International paid a combined HK$5.61 billion for two Tai Po luxury residential sites at last week's land auction. Property agents said some ... record in 1997 when a flat in Bluewater at Tai Tam Road sold for HK$27,407 per square foot. The latest deal was not the highest selling price for a residential property in Hong Kong. Earlier ...

  7. Property agents expect sales to hit 200 during forthcoming holidays

    Posted Apr 25th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Property agents expect the primary housing market to record sales of about 200 units during this weekend and on the Labour Day holiday on May 1. This will be 40 per cent more than the sales achieved during the past weekend. The primary market saw more than 140 deals last Saturday and Sunday, according to Hong Kong Property (Services) Agency. 'If Cheung Kong ...

  8. Cheung Kong slashes prices of Beijing project

    Posted Nov 12th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Cheung Kong (Holdings) has slashed prices for a luxury residential project in Beijing in response to the slowing property market. Hong Kong's largest developer by market ... luxury residential projects in Beijing's core area have so far resisted price cuts. The property agent expected developers facing financing problems would now cut their asking prices ...

  9. PEAK of style

    Posted Jun 08th 2012, 12:00am

    ... for the remainder of the year. Developers are expecting new luxury properties to command high prices, especially for rare super-deluxe residences on Hong Kong Island, although overall market sentiment seems ... significant new designs in Asia,' says Martin Cubbon, chief executive of Swire Properties. Another Swire luxury project is Argenta in Mid-Levels West, offering 28 three-bedroom apartments ...

  10. Repulse Bay site fetches HK$1.6b

    Posted May 03rd 2012, 12:00am

    ... Paggie Leung and Yvonne Liu A luxury residential site in Repulse Bay fetched nearly HK$40,000 per buildable square foot yesterday, the second-highest price ever paid for government land ... sale, which may prompt the government to launch more cooling measures.' Surveyors said the Repulse Bay site fetched a high price because it is a luxury residential area with a sea view ...




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