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  • April 24, 2014
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  1. Property - Hong Kong & China - REAL ESTATE

    Midland chief Freddie Wong Kin-yip keeps mum on raising stake further

    Posted Apr 08th 2014, 01:09am by Sandy Li

    ... the WhatsApp messaging service and said it would reply after studying the proposal. Freddie Wong said a nearly 30 per cent increase in rental expenses last year, cited by Apex as one of the major ... rents, Wong said premises he owned accounted for just 1.7 per cent of the firm's rental expenses. "It was very minimal," he said. At the same time, he said the board comprised 11 ...

    http://www.scmp.com/property/hong-kong-china/article/1467935/midland-chief-freddie-wong-kin-yip-keeps-mum-raising-stake
  2. News - World - IRAN

    Sale of seized Iranian tower in New York to fund terror payouts to families

    Posted Apr 18th 2014, 10:19pm by AFP

    ... and Persian language- and Assa Corporation, transferred rental income and other funds to Iran's state-owned Bank Melli. US authorities will also sell Iran-linked properties in California, ... Attorney Preet Bharara said. The government would recoup litigation expenses and costs associated with the sale of any properties seized and sold by the US Marshals Service, according ...

    http://www.scmp.com/news/world/article/1487503/sale-seized-iranian-tower-new-york-fund-terror-payouts-families
  3. News - Asia - Flight MH370

    Hunt for flight MH370 to be most expensive in history, say Chinese scientists

    Posted Mar 27th 2014, 11:39pm by S CHEN

    ... Stephen Chen binglin.chen@scmp.com Chinese scientists warn that nations will face bill for hundreds of millions of US dollars, as Thai satellite pinpoints 300 objects in ocean Jet search to be most 'expensive in history' The hunt for doomed Malaysia Airlines flight MH370 is likely to be the most expensive in aviation history, Chinese scientists warned yesterday, as Thailand ...

    http://www.scmp.com/news/asia/article/1458824/hunt-flight-mh370-be-most-expensive-history-say-chinese-scientists
  4. Property - Hong Kong & China - EARNINGS

    Apex Benchmark attacks Midland management over record loss

    Posted Apr 02nd 2014, 05:47am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Real estate fund blames high rebate incentives and rental expenses for the realtor's record loss Apex attacks Midland over dismal results Real estate fund ... unreasonably high rebate incentives, huge increases in rental expenses and rising finance costs had dragged Midland into its biggest loss since listing in 1995. On Friday, the realtor posted a loss ...

    http://www.scmp.com/property/hong-kong-china/article/1462820/apex-benchmark-attacks-midland-management-over-record-loss
  5. News - Hong Kong - Lifestyle

    Fancy an 'elephant dung' coffee? Visit Macau to taste most expensive beans in the world

    Posted Mar 23rd 2014, 04:47am by Lana Lam

    ... Lana Lam lana.lam@scmp.com Adventurous visitors to Macau line up to try unusual beans costing US$1,500 a kilogram Coffee lovers embrace the elephant in the room Whether its description involves an expletive that has to be deleted or it is hailed as God's gift to caffeine aficionados, "elephant dung" coffee is the most expensive cup on the planet. Also known ...

    http://www.scmp.com/news/hong-kong/article/1455094/adventurous-visitors-macau-try-elephant-coffee-beans-us1500-kilogram
  6. HK the world's most expensive for luxury rents

    Posted Feb 21st 2012, 12:00am

    ... a three-bedroom apartment costs about US$9,450 a month to rent, putting it second after Hong Kong in the ranking of most expensive places for high-end rental property. Singapore, ranked ninth globally, ... sought by expatriate employees. 'The number of expat employees in Hong Kong has increased again over the past two years, contributing to the demand for rental accommodation,' ECA ...

    http://www.scmp.com/article/993292/hk-worlds-most-expensive-luxury-rents
  7. Beijing office rents more expensive than New York

    Posted Feb 07th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Helped by growing demand and a shortage of supply, Beijing office rents soared last year, making it the world's fifth most expensive city for office ... expensive office locations. Beijing achieved the largest increase last year of any city in the world, it said. With an annual occupation cost of US$130 per sq ft, it ranked the fifth most costly ...

    http://www.scmp.com/article/991988/beijing-office-rents-more-expensive-new-york
  8. Property - Hong Kong & China

    Tiny store in Causeway Bay shopping district sells for record price

    Posted Mar 14th 2014, 01:07am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Investor surprises market by paying HK$1.38 million per square foot for tiny lot in busy district that could bring rental yield of only 1.5 per cent Causeway Bay shop sold at record price A tiny Causeway Bay shop has become the most expensive commercial property after it was sold for a record HK$1.38 million per square foot. The 130-square-foot ...

    http://www.scmp.com/property/hong-kong-china/article/1448051/tiny-store-causeway-bay-shopping-district-sells-record
  9. HK rents third most expensive for expatriates

    Posted Feb 16th 2011, 12:00am by Sandy Li

    ... up,' says Lee Quane, regional director of ECA Asia. Tokyo is the most expensive location, with an average rental of US$4,352 for a two-bedroom unit, while Moscow ranked second at US$3,500. ... Sandy Li Hong Kong has leapt six places to become the world's third most expensive city for expatriates to rent a two-bedroom apartment, according to a survey released by human ...

    http://www.scmp.com/article/738339/hk-rents-third-most-expensive-expatriates
  10. Shanghai closes shop rental gap

    Posted Dec 21st 2011, 12:00am

    ... the most expensive city in the world in terms of high-street shop rentals. 'But the gap in rentals of shops in retail centres between the two cities is narrowing,' she said. According ... Peggy Sito peggy.sito@scmp.com Hong Kong remains the most expensive retail address in the Asia-Pacific region, but Shanghai is rapidly climbing the rankings ladder, say property ...

    http://www.scmp.com/article/988309/shanghai-closes-shop-rental-gap

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