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  • October 21, 2014
  • Last updated: 10:55am
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  1. Property developers brace for more woe

    Posted Oct 10th 2011, 12:00am

    ... the number of property transactions last month fell 10.46 per cent to 6,579. Residential deals, including primary and secondary units, fell 11.32 per cent month on month to 4,823. Ricacorp predicts ... as further bad news for the property market, said Patrick Chow Moon-kit, head of research at property agent Ricacorp Properties. The continued fall in property sales and prices could also trigger ...

  2. Exco's Lau Wong-fat blames staff for failure to declare property deals

    Posted Oct 01st 2010, 12:00am by Ambrose Leung

    ... the relationship between his companies and those owned by other members of his family. Lau has reported ownership of 20 residential and commercial properties, 297 pieces of land and 72 firms. The Chief ... Executive Councillor Lau Wong-fat last night blamed his staff for his failure to declare three property transactions that critics say constituted a conflict of interest with his cabinet ...

  3. Ministers to discuss property price concerns with developers

    Posted Oct 23rd 2009, 12:00am by Gary Cheung

    ... Gary Cheung and Fanny W. Y. Fung Ministers plan to hold discussions about distortions in the property market with developers and the Consumer Council. An official said the government had some proposals that were designed to keep rising property prices in check, and the timing of their introduction would depend on market developments. The government is closely monitoring ...

  4. Quotes of the Week

    Posted Oct 31st 2009, 12:00am by Alex Lo

    ... record-breaking luxury residential block 39 Conduit Road There is absolutely no question of the government giving in to pressure from any party, or twisting the system to appease anyone out of political ...

  5. Stability pays off

    Posted Sep 30th 2011, 12:00am

    ... at the luxury real estate scene in the city state. We also feature an exhibition on renowned architect Frank Gehry, whose first luxury residential property in Hong Kong is nearing completion. ... As for luxury properties, the facts are clear. Despite lower mortgage rates and more supply from the government, prices remain firm. The reality is that the dynamics of the mass and luxury markets ...

  6. In Brief

    Posted Apr 24th 2007, 12:00am by Staff Reporter

    ... be challenged. Judge Colin Mackintosh will give his decision today on the adjournment application. Property confidence in HK remains high Confidence among Hong Kong homeowners in the residential property market remains high even though Polytechnic University's quarterly BRE Confidence Index for Residential Property dipped three points in the first quarter of the year to 703 from December. ...

  7. Buy now with rates low, Li urges

    Posted May 21st 2011, 12:00am

    ... rates low. 'For personal use, with adequate funds for a 30 per cent to 40 per cent down payment, buying property should not be a wrong move,' Li said after the annual general meeting ... Speaking to the Legislative Council on Thursday, Tsang said the government would do all it could to curb property prices. But Li's call to buy is supported by low interest rates, rising ...

  8. When property bubble bursts, pin blame on outgoing administration

    Posted May 03rd 2012, 12:00am

    ... Hong Kong' s property bubble must be burst now or at least sooner than later. Just as Andy Xie wrote in his article, Hong Kong must kick its property addiction ('High on property', April 23). The bubble is real and has to break. Since house prices reached their ridiculous and unsustainable heights last year, there have been very few genuine transactions ...

  9. His best shot

    Posted Oct 22nd 2011, 12:00am

    ... opinion on this issue often flip-flops with no traceable trends. For example, the closing tender for the Nam Cheong station residential project of HK$11.8billion was below market expectations. ... cause pushing property prices to unattainable levels. The biggest fear of the one-million-plus property owners in Hong Kong is a sudden drop in property values or a repeat of the negative equity ...

  10. Tung Chung reclamation proposed

    Posted Dec 11th 2010, 12:00am by Staff Reporter

    ... reclamation east and west of Tung Chung new town. Some 120 hectares would be used for property development. 'Residential uses will be the major component of the proposed development ... Staff Reporter As much as 160 hectares of the seabed off Tung Chung on Lantau Island could be filled in to create land for massive residential developments and possibly a theme park. ...




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