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  • September 21, 2014
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  1. Kerry sees 10pc gain in rental income

    Posted Aug 31st 2004, 12:00am by Staff Reporter

    ... property Ernest Kong Kerry Properties has seen a 10 per cent increase in rental income in Hong Kong for the first six months of this year. The company, which focuses on the luxury rental market, said it earned about HK$150 million in rental income from about 400 residential units during the period. Kerry Real Estate Agency executive director Chu Ip-pui was optimistic about ...

  2. Return of expats bolsters HK luxury rental market

    Posted May 05th 2004, 12:00am by Peggy Sito

    ... growing demand in the luxury rental market was being spurred by rising numbers of new expats working in Hong Kong. 'Many companies have started expanding their business in Hong Kong, where ...

  3. Robust rental returns boost profits at Chinese Estates

    Posted Apr 12th 2005, 12:00am by Denise Tsang

    ... Denise Tsang Developer shrugs off rate-rise impact on housing demand as economy recovers Rental income at property developer and investor Chinese Estates Holdings soared last year with the economic recovery. The group achieved an average 30 per cent rental increase on lease renewals at its commercial properties, which included Windsor House in Causeway Bay, Harcourt House and Mass ...

  4. Airlines scramble to fight rising fuel expenses

    Posted Jun 13th 2008, 12:00am by Charlotte So

    ... Charlotte So After the terrorist attacks in the United States on September 11, 2001 and the severe acute respiratory syndrome health scare in 2003, the airline industry has barely made it out of a cyclical trough and disaster has struck again. This time, it is the relentless rise in oil prices. Jet fuel, which accounts for up to 40 per cent of an airline's expenses ...

  5. Mainland taste for the expensive grows

    Posted May 20th 2005, 12:00am by Mark O'Neill

    ... their friends, family and colleagues, to distinguish themselves from the masses, and to join the global community of owners of expensive things. Last year, Chinese accounted for 12 per cent of global ...

  6. Hotel operator Great Eagle Holdings posts remarkable HK$1.18b net profit

    Posted Feb 25th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Great Eagle Holdings posted a net profit of HK$1.18 billion for the year to December, up from just HK$72 million in 2008, as interest expenses fell and dividend income jumped. ... in net interest expenses. The result was also helped by a one-off write-back of HK$105 million in over-provided construction costs for Langham Place, chairman and managing director Dr Lo Ka-shui ...

  7. Secondary deals up 70pc last week despite talk of cooling

    Posted Oct 13th 2010, 12:00am by Sandy Li

    ... it the city's most expensive flat on a price-per-square-foot basis. David Chan Tai-wai, a director of Ricacorp, said sales on Hong Kong Island, in Kowloon and in the New Territories were all up sharply ... and the property could generate an annual rental yield of 4 per cent. Sales of luxury homes- those worth more than HK$10 million- meanwhile rose strongly in the third quarter. According to Hong Kong ...

  8. Earn high-flier points without leaving ground

    Posted Oct 14th 2003, 12:00am by Peta Tomlinson

    ... and free or discounted upgrades. Some airlines also have marketing partners such as car rental agencies, hotels and restaurants that offer frequent flyer points, which can boost the tally considerably for the travelling executive with a healthy expense account. Ron Mathison, general manager of Cathay Pacific Loyalty Programmes, says air miles are now the world's second-largest ...

  9. Cool tools extend a helping handheld across platforms

    Posted Mar 15th 2005, 12:00am by Dave Horrigan

    ... chambermaids, nurses, doctors and engineers) wherever it was needed. One of the embodiments I described was a device that came standard with a rental car and would tell a person where he or she could ... a few tricks) and existing Mac software. I am talking about a Palm OS-empowered mobile phone. I finally bit the bullet and purchased one after they became more compact and less expensive ...

  10. Home seekers draw the line: it's too rich for us

    Posted Oct 11th 2010, 12:00am by Sandy Li

    ... at its 39 Conduit Road development in Mid-Levels for HK$338.16 million, or HK$60,000 per sq ft, making it the city's most expensive flat by price per square foot. Yuen Long also saw prices ... cent to HK$1.6 million per flat for subsidised housing and up 28 per cent to HK$1 million for public rental flats in the second-hand market this year compared with last year. 'A bubble ...




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