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  • September 16, 2014
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  1. Property - Hong Kong & China - C-SUITE

    As Centaline China matures, it is taking a leading market share in new cities

    Posted Mar 18th 2014, 01:43pm by Yvonne Liu

    ... property agency Home Link Sherman Lai Ming-kai, 50, took the reins of Centaline Group when founder Shih Wing-ching retired from the chairmanship in January 2010. Lai was previously in charge ... series of cooling measures on the property market in February last year? A: Our commission income rose 18.58 per cent to about HK$13.4 billion last year from HK$11.3 billion in 2012. The growth ...

  2. Outlook gloomy despite big rise in transactions

    Posted Apr 11th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Home sales on the mainland rose strongly last month after major developers cut their prices aggressively, but the outlook remains uncertain. KWG Property yesterday reported pre-sales of 1.03 billion yuan (HK$1.27 billion) for last month, up 73 per cent from February. Evergrande Real Estate and Shimao Property earlier reported monthly sales increases ...

  3. Centaline adjusts outlook on Fed move

    Posted Jan 24th 2008, 12:00am by Yvonne Liu

    ... World Development, said the outlook for the stock market remained uncertain. 'It is hard to assess how the cut in interest rates will affect the property market.' ... Yvonne Liu Average property prices in the secondary market might edge closer to the 1997 peak this year as borrowing costs continue to decline, Centaline Property Agency said yesterday. ...

  4. Flat-sales outlook starts to brighten

    Posted Aug 06th 2003, 12:00am by Peggy Sito, Sandy Li

    ... the sagging property sector. The move is forecast to lift the second-hand market, with a flow-on for new property, but it will offer scant relief for the thousands of home-owners trapped in negative equity. Other moves in the latest effort to prop up property are expected to include easing restrictions on construction periods and shortening the pre-sale period of unfinished flats, according ...

  5. Flat sales at 5-month low

    Posted Jun 01st 2004, 12:00am by Staff Reporter

    ... Residential sales in May fell to their lowest level in five months, with the cooling being blamed on high prices and the unclear economic outlook. Sales of new flats fell 34 per cent month-on-month to just 1,020 transactions, according to Centaline Property Agency. Full report- B1 ...

  6. Robust Lake Silver sales fuel property optimism

    Posted May 29th 2009, 12:00am by Sandy Li, Yvonne Liu

    ... on the outlook for the second half. The performance had been better than expected, thanks to the influx of hot money from the mainland and the relaxation of property loans, 'but we shouldn't ... to the property market to protect their wealth while also taking advantage of the low interest rate environment, analysts said. The overwhelming response has been part of a trend in the past two months, ...

  7. Manager happy to advise, never invest

    Posted Sep 15th 2010, 12:00am by Peggy Sito

    ... 2006. But there are many mainland cities at the beginning of their growth curve.' As long as the mainland economy continued its strong growth the outlook for property would be bright, said ... Peggy Sito Property agent Dickson Wong says he does not regret passing up the opportunity to invest in mainland property, despite witnessing friends, colleagues, and clients making ...

  8. Property sales top 10,000 on new projects

    Posted May 02nd 2007, 12:00am by Peggy Sito

    ... 20.8 per cent to 27,596 deals. Looking ahead, property agents have a positive outlook. The continued improvement in the secondary market would offset the slowdown in primary sales, Centaline ... Peggy Sito Improved buying sentiment and active primary residential project launches have boosted the number of property transactions to more than 10,000 last month, the highest in seven ...

  9. Buyer interest props up mainland agency income

    Posted Dec 08th 2010, 12:00am by Yvonne Liu

    ... measures aimed at curbing demand in the property market, commission income at Centaline Property Agency's mainland operations' rose slightly to 320 million yuan (HK$373.14 million) ... sales growth. Lai said that in March, before Beijing began introducing measures to cool the property market, the agency earned 390 million yuan in commission income. That proved ...

  10. Agents rein in expansion and seek rent cuts

    Posted Oct 12th 2011, 12:00am

    ... drop sharply because of the uncertain global outlook and volatile stock market,' the chief executive for Asia-Pacific at Centaline Property Agency, Addy Wong, said. ' So far we have ... volumes plunge to their lowest levels since March 2009. Just 6,579 properties changed hands last month- down 61 per cent from the recent peak level of 16,946 sales recorded in August last year. ...




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