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  • September 21, 2014
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  1. Fanling residential site to be auctioned after HK$1b pledge

    Posted Apr 17th 2010, 12:00am by Yvonne Liu

    ... estimated the developer could build a mixed-use project with residential floor area of 428,226 square feet and commercial floor area of 95,800 square feet. The flats could fetch HK$6,000 per square ... Yvonne Liu A mass residential plot in Fanling was triggered for auction with a minimum guaranteed bid of HK$1.05 billion yesterday, the second such site triggered for auction in a month. ...

  2. Peak residential sale pushes luxury prices higher

    Posted Dec 21st 2006, 12:00am by Sandy Li

    ... Sandy Li Owners seek 20pc more for homes after record land purchase by SHKP The surprisingly high price fetched by a residential site on the Peak at Tuesday's government land sale will stretch the already wide gap between luxury and mass residential prices, property agents say. Most owners on the Peak have raised their asking prices by up to 20 per cent since Tuesday, agents ...

  3. SHKP to offer luxury project at steep discount

    Posted Nov 27th 2008, 12:00am by Sandy Li

    ... Sandy Li Sun Hung Kai Properties plans to offer its luxury low-density residential project in Sha Tin at 35 per cent less than a nearby project, reflecting growing fears of a slump ... square foot earlier this year. Agents believed the move would drag down high-end residential project prices in Sha Tin only, because it was not seen as a district for luxury developments. SHKP ...

  4. CR Land seeks $3b loan to finance projects

    Posted Jun 01st 2006, 12:00am by Staff Reporter

    ... last year from $21.36 million in 2004. The average price of residential projects sold in Beijing, which accounted for 60 per cent of the company's property sales last year, rose 5 per cent ... Tim LeeMaster Red-chip property developer China Resources Land is seeking a loan of $3 billion to fund new and existing projects, after its aggressive land purchases since last year, ...

  5. Town planning review to boost Shun Tak project

    Posted Mar 15th 2006, 12:00am by Staff Reporter

    ... Foster Wong Shun Tak Holdings expects the size of its $4.5 billion residential-hotel-casino-commercial project in Macau to increase 20 per cent, thanks to a government plan to review ... residential-retail-hotel project in Nape, its joint development with Hongkong Land in Macau, would be presold in the fourth quarter after foundation work was completed by October, deputy managing director Daisy Ho ...

  6. K Wah profit falls on lack of completed projects

    Posted Mar 30th 2007, 12:00am by Yvonne Liu

    ... Entertainment Group. Turnover dropped 4.5 per cent to HK$276 million from HK$289 million. Last year, KWah generated HK$4 billion from the sale of three residential projects- Great Hill in Sha Tin, ... expand its business coverage from residential and commercial property development to investment properties including hotels, serviced apartments and retail projects to ensure stable annual ...

  7. Small builders face stiff competition for tiny project

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

    ... Yvonne Liu Small developers may find it increasingly difficult to acquire sites as bigger players are vying for even the tiniest of projects. This was evident yesterday when 15 developers submitted expressions of interest for a small Urban Renewal Authority project in Tai Kok Tsui to build just 72 flats. The project attracted many small developers such as Soundwill Holdings ...

  8. Developers cap sales of units at certain projects to curb speculation

    Posted Mar 26th 2010, 12:00am by Sandy Li, Yvonne Liu

    ... and Henderson Land Development will also cap purchases by buyers to one unit at their new projects. The rule will apply to Sun Hung Kai Properties' luxury residential Larvotto project in Ap Lei ... Sandy Li and Yvonne Liu Hong Kong's biggest developers are capping the number of flats an individual can buy in some projects to cool speculation, but some say the move is ineffective ...

  9. Developers shun Mong Kok stadium project

    Posted May 31st 2008, 12:00am by Yvonne Liu

    ... of about 26,000 square feet. It could be developed into a retail and residential project with a total gross floor area of 206,000 sq ft. The winning developer is responsible for building an indoor ... Yvonne Liu Only three developers submitted bids for the tender of the Urban Renewal Authority's redevelopment project in Mong Kok yesterday. The Macpherson Indoor Stadium ...

  10. Laggard projects dent Henderson profits

    Posted Mar 22nd 2007, 12:00am by Peggy Sito

    ... developer by market value, said half-year underlying profit rose 3 per cent to HK$2.43 billion, as growth was hindered by lower home sales at its jointly owned projects. Turnover rose 65.79 per cent ... income from jointly controlled projects fell to HK$1.33 billion from HK$2.22 billion, mainly due to a smaller number of units sold at the Grand Promenade. Including gains from revaluation ...




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