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  • September 17, 2014
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  1. Residential project launches to slow secondary market sales

    Posted Sep 17th 2003, 12:00am by Peggy Sito

    ... Residential sales in the secondary market are likely to slow this week in response to aggressive price increases by potential home sellers and a wave of new flats coming on to the market. ... Estate agents said launches of new residential projects would dominate the market over the next few weeks, which would dampen activity in the secondary market. Projects being sold or set ...

  2. No bidders for prime residential site in Taipei

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

    ... at Savills (Taiwan), said the failure of the auction was due to the aggressive asking price. 'Prices of luxury residential property have risen 30 per cent since the March presidential election ... Yvonne Liu The first luxury residential site in Taipei targeting mainland developers failed to attract any bids at a land auction yesterday, suggesting developers are cautious about ...

  3. 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 ...

  4. Kerry Properties signs $2.7b deal with Beijing developer

    Posted Sep 18th 2003, 12:00am by Sandy Li

    ... The agreement will boost the Hong Kong firm's property portfolio in the mainland Kerry Properties has signed an agreement with a mainland company to build a large residential project ... exhibition and convention centre; a complex consisting of office, hotel, retail and residential space; a 27-hole golf course and a logistics centre. Kerry said its mainland property division ...

  5. OOIL unloads property assets for US$2.2b

    Posted Jan 19th 2010, 12:00am by Charlotte So

    ... interest in Beijing Oriental Plaza and wholly owns Wall Street Plaza in New York. Since all of the property projects are underdeveloped luxury residential and hotel projects, OODL has incurred ... of mainland property assets to Singapore's CapitaLand. The sale comes at increasingly tough times for the company, which is expected to make hefty losses on weak shipping demand last year. Shares ...

  6. Buyers still keen on luxury property

    Posted Sep 05th 2008, 12:00am by Peggy Sito, Sandy Li

    ... director of Kerry Real Estate Agency, a subsidiary of Kerry Properties. He cited the positive sales response for the company's residential property Soho 38 in Shelly Street in Central ... Peggy Sito and Sandy Li Demand for luxury properties still exists despite global economic uncertainties and a slowing economy in the city, Kerry Properties says. 'The uncertainties ...

  7. Analysts warn of earnings decline at property firms

    Posted Aug 16th 2010, 12:00am by Peggy Sito

    ... year. Looking ahead, Lee said developers mainly focusing on high-end residential properties in tier-one cities would be hit hardest. He cited Glorious Property Holdings and China Resources Land ... Peggy Sito Property companies in the mainland market have been celebrating rising interim earnings, but analysts warn of a decline in profits over the next two years. Developers have ...

  8. Fund puts luxury property up for sale

    Posted Apr 27th 2004, 12:00am by Staff Reporter

    ... Ernest Kong Lend Lease Real Estate Investment, a subsidiary of Australian property giant Lend Lease Corp, is the latest foreign fund to attempt to cash in on rising sentiment in Hong Kong's luxury property sector, putting its residential tower on Kennedy Road, Mid-Levels, up for tender. Asia Pacific Investment Co (Apic), a fund managed by Lend Lease Real Estate Investment, ...

  9. Property project, power plant lift Hopewell net

    Posted Sep 01st 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih Hopewell Holdings' net profit jumped 151 per cent to HK$4.22 billion in the year ended June on the strength of its Broadwood Twelve property project in Hong Kong and its ... residential project in Broadwood Road, Happy Valley. The project offered 21 units for sale in June, of which 10 were sold by August 23, generating proceeds of HK$410 million. 'We have kicked off ...

  10. Century City pins earnings hopes on property unit

    Posted Aug 25th 2010, 12:00am by Peggy Sito

    ... luxury residential development in Ap Lei Chau. Paliburg has a 30 per cent interest in the joint-venture project with Sun Hung Kai Properties and Kerry Properties. Larvotto has 715 units as well ... Century City Group is looking to its property arm, Paliburg Holdings, to fuel earnings growth, chairman Lo Yuk-sui said yesterday. Century City International Holdings posted an interim net ...




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