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  • November 24, 2014
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  1. Business - Companies - PROPERTY

    Wheelock wins Tuen Mun residential site for HK$1.4b

    Posted Jan 31st 2013, 12:00am by YVONNE LIU AND PAGGIE LEUNG

    ... Yvonne Liu and Paggie Leung Wheelock HK$1.4b bid wins site in Tuen Mun Wheelock Properties has won a tender for a residential site in Tuen Mun with a bid of HK$1.39 billion. The Lands ... Wong Kwong-yiu, said the company would spend HK$3.5 billion to develop the site into a luxury residential project. The project will be ready for pre-sale in two years. "The project ...

  2. News - Hong Kong - PROPERTY

    Auction of two residential sites defy new bid to cool property market

    Posted Nov 08th 2012, 12:00am by YVONNE LIU AND PEGGY SITO

    ... Two residential sites have sold for higher-than-expected prices only two weeks after the government introduced new measures to cool the property market. The Lands Department yesterday announced Sun Hung Kai Properties had won a Tseung Kwan O site for HK$2.545 billion, or HK$4,517 per square foot. That is about 7 per cent more than market expectations of up to HK$2.37 billion. ...

  3. Business - Companies - PROPERTY

    Kerry win shows low prices being offered for sites

    Posted Mar 14th 2013, 05:56am by Yvonne Liu

    ... Properties has won a Ho Man Tin luxury residential site with a market-expected price of HK$11.69 billion, but the price is 18 per cent less than a neighbouring site sold for nearly three years ago. ... at Savills Surveyors. Kerry Properties outbid five developers to win the site with the highest bid of HK$10,233 per square foot. The price is cheaper than another residential site in the area sold ...

  4. Property - Hong Kong & China

    Question of supply

    Posted Dec 13th 2012, 12:34pm by Kenneth Ko

    ... will be the biggest residential project on Hong Kong Island. Phase four of Providence Bay in Pak Shek Kok, being jointly developed by Sino Land, Nan Fung, K. Wah Group and Wing Tai Properties, will provide ... for land supply policy. Property experts estimate that there will be a potential supply of slightly more than 20,000 private sector flats in the pipeline for the new year, based on developers' ...

  5. R&F Properties pays 1.02b yuan for Beijing residential site

    Posted May 22nd 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu In a sign of confidence returning to the property market, Guangzhou R&F Properties clinched its first land purchase in more than a year yesterday by outbidding rivals for a residential site in Beijing. The largest developer in Guangzhou acquired a 32,300 square metre site at Guang Qu Men Wai Street in the Fourth Ring Road area for 1.02 billion yuan (HK$1.16 billion) ...

  6. Property - International - CANADA

    Rebound in Canadian housing starts last month beats forecast

    Posted Mar 13th 2013, 12:00am by BLOOM

    ... winter-time noise", Emanuella Enenajor, an economist at CIBC World Markets in Toronto, said in a note to investors. "Nonetheless, the broader trend of residential construction is still ...

  7. Property - Hong Kong & China - PROPERTY

    Lai Sun Development promises more partnerships

    Posted Dec 19th 2012, 12:00am by SANDFY LI

    ... Sandy Li sandy.li@scmp.com Lai Sun hints at more project tie-ups Lai Sun Development hinted yesterday that its partnership with Sun Hung Kai Properties' ousted chairman Walter Kwok Ping-sheung to develop a HK$6 billion residential project on a recently acquired site in Tseung Kwan O could be the beginning of more partnerships. Deputy chairman Chew Fook Aun said the group might ...

  8. Comment - Letters

    Letters to the Editor, November 26, 2012

    Posted Nov 26th 2012, 12:00am by LETTERS

    ... converting empty industrial buildings into hostels for university students ("Sensible way to ease hostel shortage", November 19). Even if converting buildings designed for non-residential purposes is workable, money would still be needed to get them up to the standards required for residential premises. There is a far more sensible solution to deal with the accommodation shortage; ...

  9. News - Hong Kong

    Cooling of property market necessary, says housing minister

    Posted Feb 23rd 2013, 04:04pm by JOSHUA BUT

    ... Joshua But The government had to introduce new measures in order to stop the residential property market overheating, Secretary for Housing and Transport Anthony Cheung Bing-leung said ... the bubble burst,” explained Cheung. The new measures, announced on Friday, include doubling stamp duties across the board for both housing and non-residential properties. Stamp duty for properties ...

  10. SHKP nets luxury housing site in Stanley for HK$550m

    Posted Jul 19th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Sun Hung Kai Properties has acquired a residential site in Stanley for about HK$550 million for developing a luxury residential project. A company source confirmed that SHKP bought a site at 48 to 50 Stanley Village Road for redevelopment. The 49,600-square-foot site is zoned for low-density residential use. The site could be developed into a luxury residential ...




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