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  • April 20, 2014
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  1. Peak residential sale pushes luxury prices higher

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

    ... 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 ... or HK$28,764 per square foot. Mass residential market prices barely budged after the auction. Crystal Tam, a sales director for Centaline Property Agency in Tseung Kwan O, said most flats in the area ...

  2. Fanling residential site to be auctioned after HK$1b pledge

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

    ... 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. The 95,800-square-foot site, next to the Belair Monte housing estate, is located between a residential area and the Fanling industrial district. The government said it had accepted a developer's minimum ...

  3. Moves to slow growth in high-end property a failure, says agency

    Posted Jul 22nd 2010, 12:00am by Yvonne Liu

    ... in the first half because of [Beijing's] loan tightening policy, but the Hong Kong property market remains active as the local demand is strong,' Tsang said. In the mass residential market, ... residential land for sale in the past few months to cool the property market was having the opposite effect. 'The better-than-expected land auction results have lifted property prices even ...

  4. Christie's property franchise lands in HK

    Posted Apr 13th 2012, 12:00am

    ... into the first-hand luxury residential market as a result of the tie-up with Christie's. 'We are popular in the second-hand property market. We are well known in the local property community. ... Peggy Sito peggy.sito@scmp.com A property arm of fine art auction house Christie's is expanding its franchise network to Hong Kong, appointing Landscope Realty to help it expand ...

  5. A rare bust in HK's property market boom

    Posted Jul 19th 2011, 12:00am

    ... million, sold it for HK$23.88 million. Sun Hung Kai Properties developed the residential project. Property agents described it as a rare case of failure in the local housing market. Some expect ... Peggy Sito and Sandy Li Hong Kong's property market is booming, yet a property investor has managed to make a rare loss, following the government's crackdown on the home loans ...

  6. Beijing property move, E.U. bailout power share rally

    Posted Oct 29th 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Hong Kong stocks closed higher yesterday for the sixth consecutive day, led by mainland property developers buoyed by optimism that Beijing may relax ... & Fung, the largest supplier to global retail giant Wal-Mart Stores, jumped 5.42 per cent to HK$15.56. Among developers, Cheung Kong rose 2.83 per cent to HK$98.15, Sun Hung Kai Properties ...

  7. Property market regains favour

    Posted Aug 15th 2003, 12:00am by Sandy Li

    ... The property investment market rebounded strongly last month as the number of large deals worth more than $40 million rocketed 140 per cent from a year earlier, according to property consultant FPDSavills. Thirteen properties with a total value of $1.5 billion changed hands last month, up from $630 million in the same period last year. However, the total transaction value ...

  8. Property deals seen increasing 40pc

    Posted Feb 26th 2007, 12:00am by Carol Chan

    ... Carol Chan Property transactions this month are expected to jump about 40 per cent in volume and 60 per cent in value from a year earlier amid the new mortgage war, according to Centaline Property Agency associate research director Wong Leung-sing. Until Thursday last week, a total of 6,817 transactions worth HK$19.98 billion, including residential, commercial, industrial and car ...

  9. Property-curb comments prove Tsang's lost the plot

    Posted Dec 09th 2011, 12:00am

    ... Tom Holland John Tsang Chun-wah is trying to talk up Hong Kong's property market. In an interview in South Africa this week, the financial secretary said Hong Kong's government ... of a property bubble. It's curious because it betrays some seriously muddled thinking over in the financial secretary's office. The curbs Tsang is talking about consist largely of limits ...

  10. China Properties earnings soar

    Posted Jul 31st 2007, 12:00am by Nevin Nie

    ... sales rose 37 per cent to HK$18.3 billion, mainly generated from selling units at Shanghai Cannes, a large residential complex in the outskirts of the city. China Properties also booked gains ... Nevin Nie China Properties Group, the mainland developer focusing on large-scale projects, said first-half net profit soared about 10 times as it sold more homes and booked some deferred ...




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