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  • November 22, 2014
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  1. Hong Kong home sales lift Midland net 621pc

    Posted Sep 18th 2007, 12:00am by Charlotte So

    ... demand for residential properties in the city. Housing transaction volume increased 35 per cent in the first half, a product of low interest rates and a resurgence of confidence in Hong ... residential properties climbed 73 per cent. Earnings per share surged 623 per cent to 31.44 cents. Sales in the residential property division accounted for 87 per cent of total revenue, growing 73 per ...

  2. 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 ...

  3. Top property agent opposes levy plan

    Posted Jul 14th 2006, 12:00am by Chloe Lai, Mary Ann, Mary Ann Benitez

    ... and agents' commission would hurt the property market. The chairman of Centaline (Holdings), Shih Wing-ching, opposed the government's proposal to make non-residential properties and agents' ... buying and renting residential properties would be exempted from the levy. Commercial property transactions would be subject to the tax, which is likely to be set at 5 per cent, although ...

  4. Funky house on The Peak going for HK$240m

    Posted Oct 30th 2009, 12:00am by Staff Reporter

    ... a developer buys a more expensive piece of land, the price of new residential property built is bound to be more expensive than the current prices of houses,' he said. 'In addition, property ... in the tearing-down process, he expects the future residential property there will set new heights for property prices on The Peak. The average price in The Peak area for a house with a view over Victoria ...

  5. All good things...

    Posted Nov 09th 2007, 12:00am by May George

    ... a joint circular in July to restrict foreigners from buying houses. Foreigners are allowed to buy one residential property unit for their personal use only after they have resided or studied in China for more than a year. Residents in Hong Kong, Macau and Taiwan, regardless of their length of residency in China, can buy only one unit of residential property for personal use. If you ...

  6. 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 ...

  7. HK developers see potential

    Posted Feb 07th 2007, 12:00am by Yvonne Liu

    ... in the coming years. The residential market in Chongqing is less speculative than those in coastal cities. With a population of nearly 30 million, there is strong demand for residential property ... Development entered the Chongqing property market last year, while New World Development is looking for development sites in the city. Other developers include Shui On Land, Hutchison Whampoa, Cheung ...

  8. Legend flat fetches record HK$32,000 psf

    Posted Mar 20th 2007, 12:00am by Carol Chan

    ... record in 1997 when a flat in Bluewater at Tai Tam Road sold for HK$27,407 per square foot. The latest deal was not the highest selling price for a residential property in Hong Kong. Earlier ... banks. Sino Land, Nan Fung Development and K Wah International paid a combined HK$5.61 billion for two Tai Po luxury residential sites at last week's land auction. Property agents said some ...

  9. Florida warms Swire's earnings

    Posted Mar 14th 2005, 12:00am by Ben Kwok

    ... be making more investments in Florida.' Swire has nearly two million sqft of residential property in the Sunshine State, two-thirds of which is up for sale. It is also developing a 561,000 sqft ... Ben Kwok Swire Pacific is enjoying a sunny time in Miami, its property portfolio in the city contributing nearly $5 billion in sales and $1 billion in operating profit last year. Swire ...

  10. HK Land $1.7b bid wins site after long campaign

    Posted Jan 22nd 2005, 12:00am by Staff Reporter

    ... Land residential property executive director Robert Wong Yau-chung said. To reach agreement with the Lai Sing Court owners, Hongkong Land had offered each of them a unit in the new project ... for a 10-block residential project in Seymour Road, in which the developer has already acquired 97 per cent of the property. The 23,000 sq ft site is expected to be developed into a 162-unit residential ...




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