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  1. Government has no plans to regulate residential property sales: Suen

    Posted Jun 01st 2005, 12:00am by Staff Reporter

    ... ZHUANG PINGHUI Updated at 6.19pm: The government has no plans introduce legislation to regulate sales of residential flats, Secretary for Housing, Planning and Lands, Michael Suen Ming-yeun said on Wednesday. His comments were prompted by an incident, revealed last month, when a buyer obtained a penthouse for a record price and also bought three other flats in the same ...

  2. Kerry outbids rivals for Sai Ying Pun residential project

    Posted Jul 22nd 2005, 12:00am by Peggy Sito

    ... residential redevelopment in Sai Ying Pun estimated to cost $2.5 billion. This is the developer's first residential project in the aged Western District, where property consultants expect the MTR ... 425,000 sq ft. The project will include an 11,800 sq ft home for the elderly and about 7,500 sq ft of landscaped open space. Kerry Properties, which focuses on luxury residential properties, said ...

  3. Residential demand high in Indonesia and Malaysia

    Posted Mar 09th 2005, 12:00am by Kenneth Ko

    ... climate in Jakarta, investments in new developments, particularly residential and retail developments, were active throughout 2004. Condominium projects continued to dominate new property ... Reports by Kenneth Ko THE RESIDENTIAL markets in Kuala Lumpur and Jakarta are holding strong, spurred by a low interest rate environment and recovering economies. Demand for high-end ...

  4. Residential sales to net $5b for Asia Standard

    Posted Jul 21st 2005, 12:00am by Staff Reporter

    ... Foster Wong Asia Standard International Group expects to cash in $5 billion from sales at six residential property projects over the next three years. The property investor said it would focus on middle to luxury residential developments from now on after a co-developed high-end project Grosvenor Place in Repulse Bay helped the company post its first net profit since 1999. ...

  5. Old residential buildings ripe for the picking

    Posted Nov 23rd 2005, 12:00am by Staff Reporter

    ... Foster Wong Developers are in the hunt for old residential buildings in Hong Kong's luxury neighbourhoods as the government considers relaxing rules governing the compulsory sale of properties. Property consultants said Mid-Levels, Happy Valley and Kowloon Tong were the targets and developers were offering double the market price for old flats to secure building ownership. ...

  6. Sino Land to beef up residential portfolio

    Posted Mar 18th 2005, 12:00am by Staff Reporter

    ... Foster Wong Sino Land says it will continue beefing up its residential property portfolio in the second half as mounting concerns of an interest-rate rise are unlikely to dampen market ... for residential projects over the next five years. 'Mortgage rates and terms continued favourable, underpinned by strong liquidity in the banking sector,' said Sino Land chairman Robert Ng Chee ...

  7. Rush for residential projects

    Posted Jan 26th 2005, 12:00am by Sandy Li

    ... Sandy Li About 2,400 potential buyers are eyeing two residential projects in Sheung Shui and Kennedy Town that will go on public sale soon. According to agents, Sun Hung Kai Properties has ... Realty's northwest district, said Noble Hill would serve as a new benchmark for the residential market in the New Territories. Noble Hill, comprising 764 units in seven 20-storey residential ...

  8. Outlook hazy for residential sector

    Posted Nov 23rd 2005, 12:00am by Kenneth Ko

    ... expatriates, the growth of luxury residential rentals has been held back by the lingering effect of introduction of the landlord and tenant laws. The buoyant leasing demand continued to move upwards ... advantage of the transitional termination notice (TTN) to renew leases at original rents, overall luxury rental growth has been constrained. Jane Garnett, director of residential services ...

  9. New residential site joins two others in Kowloon for auction next month

    Posted Aug 25th 2005, 12:00am by Peggy Sito

    ... Foster Wong, Peggy Sito and Benjamin Wong A private residential lot in Kowloon worth at least $2.49 billion will be auctioned next month in what is being seen as a sign ... Yesterday's announcement came a week after two adjacent residential sites in West Kowloon, together worth more than $3.75 billion, were also triggered for sale at the auction. Henderson Land ...

  10. Guangzhou revives ban on stores in residential buildings

    Posted Aug 09th 2005, 12:00am by Staff Reporter

    ... Ji Minhua Commercial use of residential buildings will no longer be tolerated by the Guangzhou government- a move threatening a third of the city's individually run stores with closure, local media reported. Officials are adamant the move is needed to ensure the separation of residential and commercial areas, and to improve town planning. 'The separation ...




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