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  • September 19, 2014
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  1. Chinese Estates eyes $8.2b from property sales

    Posted Apr 12th 2006, 12:00am by Staff Reporter

    ... Foster Wong Chinese Estates Holdings expects to make as much as $8.2 billion from the sale of two key residential projects to be launched this year as it looks to step up property sales ... of the Avenida Wai Long project on Taipa in Macau, which will be launched in the third quarter as well. However, this revenue will not be booked into its accounts until 2008. 'Property sales ...

  2. Arts hub residential design code could create park for super-rich

    Posted Sep 06th 2010, 12:00am by Staff Reporter

    ... district site for residential development. We were disappointed with their explanation that such residential development meant connectivity with the surrounding community. As professionals, we ... the current site already has, on its periphery, clusters of upscale luxury blocks. Therefore, the contention that the proposed 20 per cent residential development within the arts hub will bring life ...

  3. Private housing construction starts hit lowest in three years

    Posted Jul 21st 2007, 12:00am by Yvonne Liu

    ... Ka-fai said the drop in completed projects had had no impact on property supply and prices as a number of large-scale residential projects were scheduled for completion in the second half. ... Yvonne Liu Work started on only 700 private residential units in Hong Kong in the second quarter, the lowest figure in three years and a 36 per cent drop from the first quarter, according ...

  4. Investors are drawn to Kowloon's Masterpiece

    Posted Oct 02nd 2009, 12:00am by Staff Reporter

    ... to realise that investing in residential property is less complicated than investing in bonds,' said Andy Ho, director of property agency Midland Realty. 'When a person buys a flat, he only has to rent it out and receive a steady amount of money each month. But bonds and trusts are another story.' This is one of the reasons why residential property prices at Kowloon West ...

  5. Government sells Lantau residential site for $30.5m

    Posted Jul 18th 2006, 12:00am by Staff Reporter

    ... LAI YING-KIT Updated at 6.15pm: A residential site on Lantau was sold for $30.5 million? more than double its opening bid? on Tuesday afternoon at the first government land auction ... for private residential use. The developer is required to complete a minimum gross floor area of 538 square metres by September 30, 2010. The auction was conducted at the Concert Hall of the Hong Kong ...

  6. CULTURAL evolution

    Posted Oct 14th 2011, 12:00am

    ... Raymond Cheng Located in front of the luxury residential skyscrapers above Union Square, work on the West Kowloon Cultural District is set for further delays as a new design is revealed. But property experts believe it will not hurt the real estate market in the area in the long run. Sir Norman Foster, the British architect whose concept was chosen for the project, was in Hong Kong ...

  7. Deals

    Posted Oct 29th 2003, 12:00am by Staff Reporter

    ... Regalia bay house in stanley sells for $34m A house in Regalia Bay, a new luxury residential area in Wong Ma Kok, Stanley, has been sold for $34.88 million, at $3,488 per square foot. Property Agent Ricacorp Property said the house, which was near the coast, sold for more than inland homes that cost as little as $3,300 per square foot. The agent said about 12 houses in Regalia ...

  8. Older buildings in prime areas offer value, says investor

    Posted Apr 16th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Veteran property investor Mico Chung Cho-yee believes the best property buys in the Hong Kong market are now to be found among old residential buildings on offer in luxury districts and retail space in prime locations such as Tsim Sha Tsui and Central. By contrast the mass residential market had settled into a consolidation stage in March after prices had jumped more ...

  9. Jewels in the crown

    Posted May 03rd 2012, 12:00am

    ... The Harbourside, The Arch and The Cullinan, the five major residential developments on top of Kowloon station, were completed from 2000 to 2007, and each is architecturally distinctive, providing luxury clubhouse facilities. They sit alongside the 118-storey International Commerce Centre, the tallest office building in the city. According to a report by consultants Savills, property prices in West ...

  10. Kowloon tempts tenants

    Posted Jun 27th 2009, 12:00am by Wilson Lau

    ... was expected to take a longer time to recover compared with the retail and residential sectors of the property market. 'The retail market will sustain constant demand while the rental ... Wilson Lau Cost-cutting measures implemented by multinational corporations have had a significant impact on Hong Kong's office and top-end residential markets. However, the retail ...




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