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  • November 1, 2014
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  1. Global body seeks real estate agent law change

    Posted Jan 21st 2011, 12:00am by Peggy Sito

    ... Peggy Sito An international industry watchdog has called on Hong Kong to incorporate its new global guidelines into the local law that regulates real estate agents. The Royal Institution ... code could also raise the professional standards of property agents here. 'We recommend property agents represent only one party, either the sell side or buy side,' Tse said. ...

  2. Office rental chief credits success to playing for keeps

    Posted Mar 07th 2011, 12:00am by Mukul Munish

    ... Mukul Munish Prosperity Reit, the Hong Kong-listed property manager, announced a satisfactory performance in 2010, despite the lingering effects of the global financial crisis. The Reit manager benefited from a quick recovery in commercial property rentals last year and a high tenant retention, at 64.5 per cent, according to CEO Stephen Chu. Chu said he made an effort to meet ...

  3. Mainland companies wise up to their intellectual property rights

    Posted Jul 07th 2008, 12:00am by Staff Reporter

    ... Ng Tze-wei More work is needed to raise public awareness on the mainland about the need for intellectual property rights protection. But, as money is at stake, Chinese executives are fast catching up on the issue, using copyright law to defend and further their business interests. 'The Chinese people only learned about the term 'intellectual property' in the past 10 ...

  4. Property executive hits out over arrest

    Posted Nov 19th 2003, 12:00am by Ella Lee, Stella Lee

    ... Stella Lee The Fortune International boss says he is a victim of the latest Villa Pinada scam A veteran official of a property company related to a $20 million scam yesterday described ... to report back to the police next Tuesday. They were arrested for conspiring with the management of a property developer to defraud five banks of $20 million worth of mortgages between November 2001 ...

  5. Elderly villager wins retrial of claim to land he has occupied

    Posted Nov 11th 2009, 12:00am by Staff Reporter

    ... of the land. Yu, who was working in a dye factory at the time, said he paid HK$30,000 for the property to a man named Hui Tat-fai who told him the property owner had died. Since then he had kept ...

  6. Molester returns to clubhouse daily

    Posted Mar 15th 2009, 12:00am by Nick Gentle

    ... almost daily but estate manager Goodwell Property Management, a subsidiary of Cheung Kong (Holdings), maintains it is unable to do anything to prevent his return. 'Goodwell is primarily ... to use the recreational facilities is not unlimited or absolute,' the opinion, from solicitors Vidler & Co, says. 'Under the common law, each owner has a right to enjoy the common ...

  7. Mainland trust firms to get clearance for reits

    Posted Jul 31st 2009, 12:00am by Staff Reporter

    ... from the trusts could be invested in real estate completed or under construction, mortgage-backed bonds or loans, as well as equity stakes in property companies, which the reit would hold for a minimum of two years. These requirements are more relaxed than Hong Kong's reit code, which requires property trusts to allocate more than 90 per cent of their investment funds ...

  8. Freed lawyer vows to clear his name

    Posted Apr 18th 2009, 12:00am by Raymond Li

    ... for two years, for 'deliberately plundering properties' in a dispute over a land development. But Liu Yao said from his home in Shenzhen that he would fight to clear his name and take the case to the provincial higher court to challenge the verdict and obtain a retrial. If the challenge fails, Liu will be barred from practising law for life. Liu was initially given a four-year ...

  9. Synergis diversifies with mainland deal

    Posted Sep 17th 2009, 12:00am by Staff Reporter

    ... Fulton Mak Hong Kong-based property services provider Synergis Holdings has made its first foray into the asset management business on the mainland after winning a management contract ... and property developer Metro Holdings. It is scheduled for a soft opening late this month. 'Foreign investors are growing in the local property market, but they may not have full access to ensure ...

  10. Mid-range tenants hit with rent increases

    Posted Sep 22nd 2004, 12:00am by Staff Reporter

    ... landlords in some districts are raising their asking rents. Increases of about 10 per cent were most evident in the past few months for mid-range residential properties leasing for $20,000 ... renewing leasing contracts. There had been significant increases in rents mostly at larger estates such as The Belchers in Pokfulam, Centaline Property Agency said. Rents at The Belchers have gone ...




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