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  • July 12, 2014
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  1. Demolition of estate 'not acceptable'

    Posted Mar 20th 2004, 12:00am by Staff Reporter

    ... Cheung Chi-fai Michael Suen tells property giants the community will not accept redevelopment of harbourfront blocks A plan by developers to demolish Hunghom Peninsula for redevelopment ... to pay extra land premium if they redeveloped the property. 'I think the land lease is pretty clear. If they come up with other interpretations and submit a new application, we will process ...

  2. Hon Kwok adds value to handful of office blocks

    Posted Oct 10th 2007, 12:00am by Peggy Sito

    ... Peggy Sito Small developer Hon Kwok Land Investment is enhancing the value of its four investment properties in Hong Kong through renovation and redevelopment. The company is converting ... in Sheung Wan. As part of the plan, it will redevelop Yien Yieh Commercial Centre at 238 Des Voeux Road, Central. The total gross floor area of the building after redevelopment will increase ...

  3. Business - Companies - PROPERTY

    Henderson Land interim profit goes down 12pc

    Posted Aug 23rd 2012, 12:00am by Peggy Sito

    ... and the soon-to-be-sold Double Cove in Ma On Shan. Chairman Lee Shau-kee cast a vote of confidence in the company, highlighting the positive future contributions due from the redevelopment of old buildings ... of 2012 to 2013, Lee said last night. "The group's efforts in building up New Territories and land reserves and the redevelopment of old buildings in urban areas have started to bear ...

  4. Ocean Park eyes $4.1b loan to finance makeover

    Posted Apr 13th 2006, 12:00am by Staff Reporter

    ... Charis Yau The 29-year-old Ocean Park yesterday launched a $4.16 billion syndicated loan to partly fund its redevelopment scheduled to begin later this year, sources said. The blended ... attractions. Construction will be done in phases, with the first scheduled for completion by the end of 2008 and the second in 2010. The phased redevelopment schedule allows the park to stay open ...

  5. Heritage bid to protect oldest home on The Peak

    Posted Oct 25th 2011, 12:00am

    ... and architectural values. Hutchison Whampoa recently submitted an application to demolish the house, Stonyhurst, for redevelopment. Antiquities board member Tony Lam Chung-wai, of the Institute ...

  6. Poor terms

    Posted Jun 16th 2012, 12:00am

    ... the calculation of the premium. Based on the estimate that Wharf will spend around HK$1billion to redevelop the area and build the new wing, the deal is still a huge bargain because the land premium works ... include the running of the Cross-Harbour Tunnel. The government recently announced that it would use the same model for the redevelopment of the west wing of the central government offices. So why ...

  7. Wedding Card St tenders invited

    Posted May 05th 2009, 12:00am by Olga Wong, Yvonne Liu

    ... Olga Wong and Yvonne Liu The Urban Renewal Authority has invited developers to tender for a redevelopment project at Lee Tung Street, also known as 'Wedding Card Street', after 15 developers and consortiums showed interest in co-developing the project. A source from the property sector said the winning developer will have to share profits with the authority if sales ...

  8. SHKP expects 20pc rental rise at apm

    Posted Jun 07th 2012, 12:00am

    ... edge, the developer planned a HK$100 million facelift for the six-year-old shopping mall in the wake of the government's announcement it would redevelop East Kowloon into the city's ...

  9. Conduit Road residents force sale under new rule

    Posted Jan 31st 2011, 12:00am by Sandy Li

    ... Sandy Li A 50-year-old residential block in Conduit Road, Mid-Levels, will be offered for tender under the compulsory sale threshold that was lowered to speed up the redevelopment of old ... was lowered to 80 per cent of a building's flats from 90 per cent in a ruling that came into effect on April 1 last year. Located at 31 Conduit Road, the 12-storey building could be redeveloped ...

  10. 15 builders interested in Kwun Tong project

    Posted Jul 11th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu The first phase of the HK$30 billion Kwun Tong bus terminal redevelopment project has attracted expressions of interest from 15 developers, reflecting renewed interest in land ... for building a public health centre as part of the project. The Kwun Tong redevelopment project is the biggest undertaken by the Urban Renewal Authority. There was expected to be some aggressive ...




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