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  • April 21, 2014
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  1. Property - Hong Kong & China - LUXURY RELEASE

    Seven years, HK$1b put 21 houses on Tai Po's Yucca de Lac restaurant site

    Posted Oct 10th 2012, 12:00am by Peggy Sito

    ... Lac restaurant, the site is now occupied by a 21-house development. The project, named De Yucca, has 21 houses ranging from 3,000 square feet to 5,000 sq ft. The developer, Yucca Development, ... per sq ft- the most expensive in the district. Yucca Development invested HK$1 billion in the project, which includes HK$380 million paid in 2005 to the family that owned the restaurant site. ...

    http://www.scmp.com/property/hong-kong-china/article/1057109/seven-years-hk1b-put-21-houses-tai-pos-yucca-de-lac
  2. Property - International - INVESTMENTS

    Philippine developer Ayala seeks to lure Hong Kong buyers for residential projects

    Posted Feb 19th 2014, 05:10am by Peggy Sito

    ... a major Philippine property developer, is beating a path to Hong Kong to sell its projects, despite the soured relationship that exists between the city and the Philippines. The developer has opened an office in Central as part of an expansion drive into international markets that began several years ago. It plans to launch residential projects for sale to Hong Kong buyers this year. ...

    http://www.scmp.com/property/international/article/1430443/philippine-developer-ayala-seeks-lure-hong-kong-buyers
  3. Property - Hong Kong & China - LAND SALES

    Stronger interest expected in luxury residential sites in Tai Po, Sai Kung

    Posted Mar 04th 2014, 03:26pm by Yvonne Liu

    ... residential project," Cheung said. "It means the investment risk will be lower. "We don't need to be overly pessimistic about the tenders." Surveyors estimate the site in Tai ... or HK$12,000 to HK$15,000 per square foot of buildable area, they say. The profit margin in developing a luxury project is higher than with a mass residential project. It means the investment risk ...

    http://www.scmp.com/property/hong-kong-china/article/1439274/stronger-interest-expected-luxury-residential-sites-tai-po
  4. Property - Hong Kong & China - PROPERTY

    Mainland Chinese tourist boom sparking hotel conversions in Hong Kong's residential areas

    Posted Mar 17th 2014, 12:51am by Yvonne Liu

    ... and investors would only consider developing hotel projects in traditional tourism or commercial districts. But small shopping centres in residential areas are now on their radar. Alnwick Chan Chi-hing, ... Chan said. Hutchison Whampoa has applied to the Town Planning Board for permission to convert the three-floor retail podium of the Hunghom Bay Centre's three residential blocks ...

    http://www.scmp.com/property/hong-kong-china/article/1450166/mainland-chinese-tourist-boom-fuels-hotel-rush-hong-kong
  5. Property - Hong Kong & China

    Tenders for luxury residential sites in Tai Po and Sai Kung draw 24 bidders

    Posted Mar 08th 2014, 01:40am by Yvonne Liu

    ... formed a consortium to acquire areas in Pak Shek Kok that were auctioned and released for sale for the first time. The sites have been developed into Providence Bay, a luxury residential project ... residential sites in Tai Po and Sai Kung attracted a total of 24 bidders yesterday. A spokesman for the Lands Department said it received seven bids for the site in Tai Po's Pak Shek Kok and 17 ...

    http://www.scmp.com/property/hong-kong-china/article/1443155/tenders-luxury-residential-sites-tai-po-and-sai-kung-draw
  6. Property - Hong Kong & China - RESIDENTIAL PROPERTY

    More housing projects to be launched to ride wave of demand

    Posted Apr 08th 2014, 02:48pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Homes sales propped up by discounts and subsidies offered by property developers Developers riding wave of demand Hong Kong's primary residential sector ... to release their projects soon, before buying demand dries up. Over the weekend, 38 new flats were sold, 85 per cent fewer than the 256 sold the previous weekend, while 133 units, down 27 per cent ...

    http://www.scmp.com/property/hong-kong-china/article/1468529/more-housing-projects-be-launched-ride-wave-demand
  7. Property - International

    Curbs take their toll on Singapore luxury projects

    Posted Apr 19th 2014, 01:10am by Reuters

    ... S$10 billion were awarded for private residential construction, a figure the building regulator estimates will fall by as much as a third this year as developers avoid new longer-term projects ... Reuters in Singapore Curbs take their toll on Singapore luxury projects Luxury property developers in Singapore are facing their worst sales outlook in six years as a raft of government ...

    http://www.scmp.com/property/international/article/1487621/curbs-take-their-toll-singapore-luxury-projects
  8. Property - Hong Kong & China - RESIDENTIAL

    Developers seek an edge as Hong Kong faces residential supply surge

    Posted Dec 11th 2013, 03:47am by Yvonne Liu

    ... innovative design and snappy marketing pitches to attract buyers. Research by property agency Ricacorp Properties shows 28 single-block residential projects will come on to the market by the end ... developed a brand it calls The H Collection to market its residential projects. The latest project under the collection is The Hemispheres, which Henderson says will establish a new benchmark ...

    http://www.scmp.com/property/hong-kong-china/article/1377585/developers-seek-edge-hong-kong-faces-residential-supply
  9. Property - Hong Kong & China

    Hong Kong developers launch Easter projects as larger flat sales slow

    Posted Apr 19th 2014, 01:10am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Developers pin hopes on brisk HK Easter sales Hong Kong developers are aggressively pushing project launches on the four-day Easter break but sales momentum for larger units is showing signs of slowing. Seven residential projects, comprising more than 170 units in all, are up for sale either during or shortly after the Easter holiday. New World ...

    http://www.scmp.com/property/hong-kong-china/article/1487639/hong-kong-developers-launch-easter-projects-larger-flat
  10. Comment - Insight & Opinion - BRICKS & MORTAR

    When homebuyers get a free car

    Posted Mar 10th 2014, 11:08am by Peggy Sito

    ... Developments announced last week that the villas at its luxury residential development The Fountainside would come with an environmentally friendly BMW i3 electric car. An additional BMW i3 is being ... in the mass-residential and mid-range segments grew 37.5 per cent. So why would the developer feel the need to offer a free electric car as an incentive? Sniper Capital, which manages The Fountainside, said ...

    http://www.scmp.com/comment/insight-opinion/article/1445111/when-homebuyers-get-free-car

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