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  • September 23, 2014
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  1. Business - Companies - PROPERTY

    Chinese Estates to sell two properties to Joseph Lau

    Posted Sep 02nd 2014, 10:12am by Ray Chan

    ... subsidiary of Chinese Estates that owns a commercial property at Silvercord, 30 Canton Road in Tsim Sha Tsui, and the La Scala luxury residential development in Macau. The Tsim Sha Tsui property ... Ray Chan ray.utchan@scmp.com Joseph Lau to buy two projects from Chinese Estates Chinese Estates will sell to beleaguered proprietor Joseph Lau Luen-hung two major properties in Hong Kong ...

    http://www.scmp.com/business/companies/article/1583497/chinese-estates-sell-la-scala-assets-hk14b
  2. Lifestyle - Interiors & Living - SPECIAL REPORT: LUXURY LIVING

    Strong demand and limited supply drive top-end prices higher

    Posted Nov 23rd 2012, 12:00am by Kenneth Ko

    ... activity. Property consultants say there is continued interest in the leasing of top-end residences, as wealthy tenants chase a limited stock of large homes in prestigious locations. Clara Chu, director of residential leasing at Colliers International, says the rental outlook for superdeluxe and large residences remains optimistic due to strong demand and limited supply. "We continue ...

    http://www.scmp.com/lifestyle/interiors-living/article/1088336/strong-demand-and-limited-supply-drive-top-end-prices
  3. Property - Hong Kong & China - HOME SALES

    Strong sales of new flats point to Hong Kong property market upturn

    Posted Aug 31st 2014, 04:40am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Strong weekend sales point to upturn in market Fast-selling properties in Tseung Kwan O and at a luxury project at Kowloon Station could be a sign of an upturn in the property market. Sun Hung Kai Properties yesterday sold out the first batch of 192 flats at The Wings IIIA in Tsueng Kwan O. The average price of the flats is HK$13,345 per square ...

    http://www.scmp.com/property/hong-kong-china/article/1582048/strong-sales-new-flats-point-hong-kong-property-market
  4. Property - Hong Kong & China

    Developers pick up residential sites in Tuen Mun with 'conservative' bids

    Posted Feb 13th 2014, 01:25am by Yvonne Liu, Peggy Sito and Kanis Li

    ... results for two Tuen Mun residential sites reflect developers' pessimism about the outlook for the New Territories property market. The Lands Department said yesterday a site on Tsun Wen ... Tak Street, was sold to Sun Hung Kai Properties for HK$430 million, or HK$2,729 per square foot- 8 per cent less than the forecast. "The prices of mass residential property in the New ...

    http://www.scmp.com/property/hong-kong-china/article/1426704/developers-pick-residential-sites-tuen-mun-conservative
  5. Property - Hong Kong & China

    Tenders for luxury residential sites in Tai Po and Sai Kung draw 24 bidders

    Posted Mar 08th 2014, 01:40am by Yvonne Liu

    ... residential sites in Tai Po and Sai Kung attracted a total of 24 bidders yesterday. A spokesman for the Lands Department said it received seven bids for the site in Tai Po's Pak Shek Kok and 17 bids for the small residential plot in Sai Kung. "The response to the Tai Po site is not bad. But fewer developers have teamed up to bid for the site, compared with the bidding for nearby ...

    http://www.scmp.com/property/hong-kong-china/article/1443155/tenders-luxury-residential-sites-tai-po-and-sai-kung-draw
  6. Property - Hong Kong & China - HOUSING POLICY

    Flats for Hongkongers scheme a failure

    Posted Apr 07th 2014, 11:27am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com When the Hong Kong government said last week there was no urgency to continue the “Hong Kong property for Hong Kong people” scheme, it was tantamount ... to help Hongkongers priced out of the property market. This is because it is too small when compared with the private housing stock in Hong Kong, which was about 1.45 million units last year. So ...

    http://www.scmp.com/property/hong-kong-china/article/1466880/flats-hongkongers-scheme-failure
  7. Business - Companies - EARNINGS

    K Wah aims to double its investment property portfolio

    Posted Aug 25th 2014, 02:26pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com K Wah to step up investment focus after sales slide K Wah International aims to double its investment property portfolio to 200,000 square metres in the next three to four years in a bid to enhance its recurrent income after first-half profit sank 76 per cent to HK$214 million due to a sharp fall in property sales. Excluding a HK$101.94 million ...

    http://www.scmp.com/business/companies/article/1580530/k-wah-international-profit-down-76pc
  8. Property - Hong Kong & China - PROPERTY

    Mainland Chinese tourist boom sparking hotel conversions in Hong Kong's residential areas

    Posted Mar 17th 2014, 12:51am by Yvonne Liu

    ... into a hotel with 86 rooms. As the property is in a residential area, some distance from Hung Hom's main shopping area, the retail podium is currently occupied by offices. But it could attract ... and investors would only consider developing hotel projects in traditional tourism or commercial districts. But small shopping centres in residential areas are now on their radar. Alnwick Chan Chi-hing, ...

    http://www.scmp.com/property/hong-kong-china/article/1450166/mainland-chinese-tourist-boom-fuels-hotel-rush-hong-kong
  9. Business - Money - PROPERTY

    Price cutting on new homes lowers market

    Posted Oct 19th 2012, 12:00am by Yvonne Liu

    ... in Beijing for Jones Lang LaSalle. "The housing demand is limited. Their high-end residential properties rely on demand from buyers from other cities. Developers have to cut the asking prices ... in the mainland's second-tier and third-tier cities has resulted in more cities recording falls in property prices last month. Figures from the National Bureau of Statistics, which monitors month-to-month ...

    http://www.scmp.com/business/money/markets-investing/article/1064434/price-cutting-new-homes-lowers-market
  10. Business - Companies - FUNDRAISING

    Yangtze delta developer issues US$350m in senior notes

    Posted Aug 20th 2014, 10:32am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Mainland property developer Future Land Development has issued US$350 million in senior notes, with the funds to be used to repay debt and acquire land for residential and commercial development, the company announced on Wednesday morning. The notes, due 2019, have an interest rate of 10.25 per cent. The company focuses on the building of residential ...

    http://www.scmp.com/business/companies/article/1577549/yangtze-delta-developer-issues-us350m-senior-notes

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