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  • November 24, 2014
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  1. Sound and fury on show against property tycoons

    Posted Jul 24th 2010, 12:00am by Stephen Vines

    ... Stephen Vines Public anger over the behaviour of property tycoons is reaching new levels. This must be so because even the government has noticed, and in the past couple of weeks has made ... of non-statutory guidelines on increasing the transparency of property pre-sales is being welcomed by the Real Estate Developers Association- because it recognises impotence when it sees it. Even some ...

  2. SHKP penthouse breaks record

    Posted Mar 24th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Undeterred by government austerity measures, Sun Hung Kai Properties yesterday launched its luxury residential project in Shanghai at a record price. Victor Lui ... the mainland's top planning agency, for the government to expand a pilot property tax based on sale prices to other cities to speed up financial and tax reform. Shanghai and Chongqing introduced the tax ...

  3. Listed companies pressed on social duties

    Posted Jan 29th 2007, 12:00am by Enoch Yiu

    ... of the listing rules,' he said. The chamber, formed in 2003, has about 150 members including seven blue chips such as property developers Sun Hung Kai Properties and Henderson Land Development, ...

  4. Arch penthouse sets $168m record as prices keep climbing

    Posted Apr 14th 2005, 12:00am by Peggy Sito

    ... unit. Pacific Century Premium Developments sold a 98-unit tower in its Residence Bel-Air for about $1 billion, or $8,300 per square foot, to investor Lobo Law Ka-po. Property stocks led ... Ernest Kong and Peggy Sito Luxury market dismisses interest rate clouds seen on mass-market horizon Sun Hung Kai Properties yesterday said it sold a 5,353 square foot penthouse at its ...

  5. Police part of probe into Henderson's cancelled luxury apartment sales

    Posted Jun 27th 2010, 12:00am by Adrian Wan

    ... not comment on the case as it was being investigated by police and other agencies. The law-enforcement and regulatory agencies are looking into 20 cancelled transactions at 39 Conduit Road, after ... with the necessary information.' Civic Party lawmaker Ronny Tong Ka-wah said he could not think of any reason to launch civil or criminal litigation against Henderson, since there is no law governing ...

  6. Negative-equity mortgages decline at HSBC

    Posted Apr 15th 2004, 12:00am by Staff Reporter

    ... cent, down from 17 per cent last December, thanks to the resurgent property market. HSBC's personal financial services head Lawrence Law Hong-ping yesterday declined to predict when negative equity would be fully eradicated but said his bank expected further improvement as long as property sales remained brisk. Property prices have soared 35 per cent since September last year, ...

  7. Links found in flat sales at 39 Conduit Rd

    Posted Nov 13th 2009, 12:00am by Sandy Li, Yvonne Liu

    ... registered in the British Virgin Islands- all using the same law firm. According to the Land Registry's latest data, 24 apartments at the West Mid-Levels development have been sold for a total ... also purchased the other 18. The identity of the buyer or buyers is not known as the properties were bought using 24 different shell companies registered in British Virgin Islands, under whose ...

  8. Level playing field vital for property market

    Posted Jun 18th 2010, 12:00am by Staff Reporter

    ... Our property market is febrile at any time. But few one-off events have stimulated it so much as Henderson Land's announcement last year of 24 sales at a luxury Mid-Levels block, ... It is not surprising that the critics who claim developers manipulate the market to push up property prices and their share values have seized on it as an egregious example that justifies passing legislation ...

  9. Record Mid-Levels sales fall through

    Posted Jun 16th 2010, 12:00am by Joyce Ng, Olga Wong, Paggie Leung

    ... the political spectrum for an investigation into the handling of the sales at 39 Conduit Road. Some called for a law against property-market manipulation to be passed. Lawrence Poon Wing-cheung, ... how firemen would reach a flat in an emergency- because the developer skipped floor numbers to make the priciest ones appear to be on auspicious floors. The properties were bought using 24 ...

  10. Towering arrogance and greed

    Posted Dec 04th 2004, 12:00am by Albert Chen, Albert Cheng

    ... by profit, New World Development and Sun Hung Kai Properties have decided to demolish the seven residential towers, despite strong public opposition. Capitalists in a capitalist society like Hong Kong are expected to make money. Their private properties are protected by law. As long as they act within the legal confines, they are entitled to do whatever they like, even if it goes ...




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