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  • September 18, 2014
  • Last updated: 4:06am
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  1. Residential home sales drop as new project launches dry up

    Posted Sep 09th 2009, 12:00am by Staff Reporter

    ... Fulton Mak About 65 units were sold in the primary residential market during the weekend, about two-thirds fewer than the 200 units sold the previous weekend, because of a lack of big launches. However, analysts expect the market to heat up again when more projects are launched for sale shortly. La Grande Vineyard, developed by Sun Hung Kai Properties in Ngau Tam Mei, Yuen Long, ...

  2. Funds swoop on mainland residential, retail projects

    Posted Jul 15th 2009, 12:00am by Staff Reporter

    ... Fulton Mak The sharp correction in property prices on the mainland and signs that the economy has begun to stabilise have triggered a new wave of investments in Chinese real estate assets. ... of Hong Kong-based mainland developer Canada Land. Canada Land is now raising US$200 million from investors seeking a managed portfolio of mainland property assets. The funds would be used by its ...

  3. Property deals expected to rise 30pc over holiday

    Posted Oct 02nd 2009, 12:00am by Yvonne Liu

    ... were put off by aggressive asking prices, although statistics showed the average increase was about 0.2 per cent. A total of 99,241 property transactions- residential and commercial- were ... Yvonne Liu National Day holiday fever is expected to reignite the Hong Kong property market over the next 11 days. Centaline Property Agency executive director Louis Chan Wing-kit said ...

  4. Business - China Business - PROPERTY

    China Vanke follows rich Chinese to grow abroad

    Posted Apr 18th 2013, 12:00am by Peggy Sito

    ... million last October. The project, comprising 726 residential units, may be launched in the second half of this year. China Vanke made its first foray into Hong Kong's property market in January, acquiring a residential site on the Tsuen Wan waterfront in partnership with New World Development for HK$3.43 billion. Vanke Property (Hong Kong), a subsidiary of China Vanke, has a 20 ...

  5. Property agencies' incomes double

    Posted Jul 01st 2009, 12:00am by Staff Reporter

    ... It also beat the HK$363 million achieved in the first half last year. Louis Chan Wing-kit, the managing director for residential department at Centaline Property Agency, said commissions from ... Fulton Mak Some of the biggest Hong Kong property brokerages said first-half income more than doubled from the second half last year, thanks to the low interest rate and improved sales. ...

  6. Funds shift focus to retail property

    Posted Nov 10th 2008, 12:00am by Sandy Li

    ... to 10,000 square metres,' he said. Some of these retail properties were located beneath residential blocks, he added. Mainland developers were likely to dispose of their retail portions ... observers say. Early this month, Grosvenor formed a US$600 million fund to buy shopping centres while private equity fund Ajia Partners launched a US$400 million retail property fund, the Ostara ...

  7. Kerry resumes marketing of Beijing project

    Posted Jul 22nd 2009, 12:00am by Staff Reporter

    ... Fulton Mak Banking on improved sentiment among property buyers in Beijing, Hong Kong-listed Kerry Properties last week began a second round of marketing to sell units in Gemini Grove- its majority-owned luxury residential project in the city. The units will be marketed to both mainland and Hong Kong buyers. Kerry Properties and joint venture partner Beijing-based Huayuan Real Estate ...

  8. Property agencies on expansion trail

    Posted Oct 09th 2003, 12:00am by Peggy Sito

    ... property market and the overall economy,' Mr Wong said. He said sales of luxury residential flats, low to middle-range flats, office buildings and shops had improved, while property buyers ... Increase in sales offices and staff comes amid more home buying and higher returns Hong Kong property agencies are planning to expand their outlets for the first time since the peak ...

  9. Punters jump on Macau's booming property sector

    Posted Aug 02nd 2004, 12:00am by Freda Wan

    ... Freda Wan Real estate firms and speculators are confident the upward trend will last The long-stagnant property market in Macau has started to boom. Property companies, mainland investors and Hong Kong speculators are taking full advantage of it. 'This is unlike the property bubble that burst in 1993,' said Ung Choi-kun, vice-president of the Macau Property Developers ...

  10. Towngas looks to property, mainland

    Posted Sep 08th 2004, 12:00am by Denise Tsang

    ... Denise Tsang Profitability is expected to remain flat until next year, when earnings will reflect apartment sales and China projects Recognition of property sales is expected to return Hong Kong and China Gas (Towngas) to profit growth next year. A company spokeswoman said yesterday that flat sales at its 50 per cent-owned residential project Grand Promenade in Sai Wan Ho ...




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