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  • November 22, 2014
  • Last updated: 10:18pm
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Results 1 - 10 of 11 for middle class

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  1. Business - Companies - PROPERTY

    China shopping malls to be more profitable than office space: ARA

    Posted May 22nd 2013, 02:47pm by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Investment firm says growing middle class to ensure returns on investment in shopping centres outdo that in office, residential space Mainland malls more ... to the nation's booming middle class and its fast-growing income, says ARA Asset Management, a property investment firm partly owned by Li Ka-shing. "District shopping centres with a gross floor area ...

  2. Property - International - PROPERTY

    Hong Kong takes second place in London market

    Posted Mar 22nd 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Singaporeans top the list of foreign buyers of new properties but the growing middle classes in mainland China may soon catch up HK takes second place ... as the rising middle classes look for alternative investment opportunities, but this has yet to fully materialise," the report said. Knight Frank forecast a strong medium-term outlook for demand ...

  3. Business - Companies - PROPERTY

    Mainland shopping mall developer CDG Retail defies economic downturn

    Posted Sep 25th 2012, 12:00am by Daniel Ren

    ... for the burgeoning middle class. "This is the world's largest expansion of shopping malls ever," said founder and chief executive Timothy Daly. "I'm still a strong believer." ... fuelled by a rising middle class, ambitious expansion plans by international and domestic retailers, and a severe shortage of modern retail space are the key driving forces for CDG's ...

  4. News - Hong Kong - PROPERTY

    90 per cent of Hongkongers polled think home prices are too high

    Posted Aug 30th 2012, 12:00am by Joyce Ng

    ... by Leung: a ban on non-citizens buying property; speeding up construction of public-rental units; and allowing 5,000 middle-class families to buy second-hand Home Ownership Scheme (HOS) flats ...

  5. Business - Property - PROPERTY

    Developers rush for Kai Tak sites

    Posted Jun 01st 2013, 12:00am by Yvonne Liu

    ... the scheme in more affordable New Territories districts. "It would not be effective in meeting the housing demand of middle-class or first-time buyers if the sites are located in prime ...

  6. News - World - PROPERTY

    More wealthy Chinese likely to buy homes in United States, analysts say

    Posted Jul 11th 2014, 12:04am by BLOOM

    ... and sometimes government officials. But it's become a much bigger trend, involving affluent middle-class people." Chinese buyers paid a median of US$523,148 per transaction, compared with a US ...

  7. News - Hong Kong - PROPERTY

    CY Leung threatens a vacancy tax on unsold new flats

    Posted Jan 21st 2013, 12:00am by Joyce Ng

    ... "It seems to me the CE floated the idea only to soothe the middle class, who are angry that they don't benefit from the policy speech," he said. Andy Kwan Cheuk-chiu, a member ...

  8. News - Hong Kong - PROPERTY

    Hong Kong property bubble tipping point yet to be reached: HKU professor

    Posted Jan 21st 2013, 12:00am by Amy Nip

    ... points below bond interest rates," Chau told a forum organised by Caritas on addressing middle-class housing problems yesterday. Presently the rate of rental returns- just below 4 per cent- ...

  9. Business - Money - PROPERTY

    Long-time Lamma residents feel pinch of rising rents

    Posted Apr 22nd 2013, 12:00am by TIFFANY AP

    ... are middle-class folk. We're not the overpaid bankers that can afford crazy rent [rises]," says Josh Sellers, a designer and branding consultant who has lived the past eight years on Lamma. ... and more people have come over and discovered the secret of Lamma, which is that it's a nice, middle-class place to live," says Berriff. "If it were any other place in world, I would ...

  10. Property - Hong Kong & China - PROPERTY

    Prime rents under pressure as mainland China tourist numbers decline

    Posted May 12th 2014, 02:58am by Peggy Sito, TIFFANY AP

    ... middle-class affluence is reflected by faster growth in same-day visitor arrivals. In the first six months of last year, they accounted for 65.4 per cent, or 8.26 million tourists. Operators ...




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