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  • November 28, 2014
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  1. Residential property deals seen at 8,000 in rebound

    Posted Aug 29th 2003, 12:00am by Sandy Li

    ... The number of registered property transactions is likely to reach a 15-month high of 8,000 deals this month, according to Centaline Property Agency. This compares with the 7,658 ... and secondary markets have recorded three consecutive months of growth. The strong response to the sale of Yoho Town, built by Sun Hung Kai Properties in Yuen Long, had boosted sales in the primary ...

  2. Prime Mid-Levels site for sale

    Posted Nov 26th 2003, 12:00am by Peggy Sito

    ... Peggy Sito A Mid-Levels site has gone on sale in a market climate favourable for high-end residential properties. Built in 1961 and located at the Conduit Road-Kotewall Road junction, the three-storey residential property will be sold with vacant possession by tender, according to property advisers DTZ Debenham Tie Leung, which is handling the auction. The tender closes at noon ...

  3. Residential real estate sector seen on road to recovery

    Posted Aug 14th 2003, 12:00am by Peggy Sito

    ... The residential property market is on the road to recovery on the back of a positive economic outlook, according to developers and property analysts. Wharf (Holdings) assistant director ... Regal Hotels International Holdings, developer of a luxury project at Stanley, warned that the mass residential market would take a few years to recover. 'Property prices have slumped after ...

  4. Home sales soar for Beijing Capital

    Posted Nov 17th 2003, 12:00am by Staff Reporter

    ... Ernest Kong The Sars outbreak has made buying more focused in the third quarter Beijing Capital Land sold 1.1 billion yuan (HK$1.02 billion) worth of residential properties in the first ... Third-quarter residential property transactions in Beijing jumped 60 per cent from the second quarter. Property prices in the primary market climbed 13 per cent. Thanks to the upswing, Beijing Capital ...

  5. What the broker says

    Posted Oct 12th 2003, 12:00am by Staff Reporter

    ... early signs of a turnaround in Hong Kong's residential property market, due in part to an economic boost from Cepa, will translate into improved earnings for the land developer. The firming of the property market should allow Henderson Land to offload loss-making projects, one of the major drags on share prices during the last year. The $33.40 price target represents a 10 per cent discount ...

  6. Central king back in the residential running

    Posted Oct 29th 2003, 12:00am by Staff Reporter

    ... Ernest Kong Ivy on Belcher's is HK Land's first foray into residential property in 20 years At first glance, Ivy on Belcher's, a single-block residential building ... property at Hongkong Land, Cherrie Lai Hon-kwan, said the site, which used to be the company's staff quarters, was converted into a residential tower after the company noted a shortage ...

  7. Loophole exposed on property owner lists

    Posted Aug 22nd 2003, 12:00am by Elaine Wu

    ... and addresses of residential property owners to potential misuse. The Office of the Ombudsman revealed the loophole during its investigation of a recent complaint. At present, people who want to set up ... to be conveners of the meeting. The names and addresses of residential property owners are public records that can be bought from the Land Registry for $15 each. The Home Affairs Department issues ...

  8. Investors return to the fray as home prices strengthen

    Posted Nov 19th 2003, 12:00am by Peggy Sito

    ... The historical low savings deposit rate, now at 0.01 per cent for deposits of at least $10,000, has made investment in residential properties a favourable option. The average rental yield of a Hong Kong residential property ranges from 3 per cent to 8 per cent, according to realtors. Aged properties usually carried a higher yield but their saleability was relatively low, Ricacorp Properties managing ...

  9. SHKP upbeat as sales hit $5b on rising sentiment

    Posted Nov 05th 2003, 12:00am by Peggy Sito

    ... of the residential property scheduled for completion in the coming financial year has been pre-sold,' Mr Kwok said, adding that the global economy, continued growth in China's economy ... Peggy Sito Improved market sentiment saw developer Sun Hung Kai Properties (SHKP) sell $5 billion worth of property between July and last month, chairman and chief executive Walter Kwok ...

  10. Homes supply

    Posted Oct 21st 2003, 12:00am by Staff Reporter

    ... Reining in the supply of new homes is the government's way of restoring public confidence in the property market. With the ubiquity of empty flats and residential property prices low, reducing the supply may be the most efficient method of stimulating the market. In the short run, though demand from speculative investors may increase, property prices will not drastically rise. ...




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