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  • October 23, 2014
  • Last updated: 8:02am
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  1. Property - International - ACQUISITIONS

    Chinese investors keen on Australian hotels

    Posted Oct 21st 2014, 09:12am by Langi Chiang

    ... per cent on 2012. Only New Zealand, with 1.19 million, sent more international visitors to Australia. The second-biggest Asian market was Singapore, which sent 330,000 visitors to Australia ... Langi Chiang langi.chiang@scmp.com Canberra seeks to woo the rich with new visa scheme amid growing interest in home sector Mainland investors set sights on Australian hotels Mainland ...

  2. Property - Hong Kong & China - PROPERTY

    New World wins 'sweet deal' MTR Tai Wai project

    Posted Oct 15th 2014, 05:10am by Sandy Li

    ... Sandy Li sandy.li@scmp.com With land premium cut to HK$10.36 billion, the developer just needs to invest HK$2.86 billion upfront to build 2,900 flats at the train station New World wins 'sweet deal' MTR Tai Wai project The MTR Corp yesterday awarded the property project at its Tai Wai station in a desperate deal that will allow the winning bidder, New World Development, ...

  3. Property - Hong Kong & China - TENDER

    Shimao-led bid wins tender for hotel site in Tung Chung

    Posted Oct 23rd 2014, 06:06am by Peggy Sito

    ... she said, refusing to disclose the equity distribution between the two parties. The Tung Chung site, the only new plot in the land sales programme this year, has a gross area of 138,900 sq ft ...

  4. Property - Hong Kong & China - DESIGN

    White becomes the new black in Hong Kong homes

    Posted Oct 15th 2014, 04:50am by Catherine Shaw

    ... I wanted to show how it can work in a fresh new way, combined with distinctive furniture and decorative pieces from local creatives and international designers." The Iranian-born, ... Zabihi also transformed the original bare, black concrete floor at minimal cost by painting one-square metre "tiles" using an ethereal tone selected from her new collection of white ...

  5. Business - China Business - FUNDRAISING

    Property firm Crown aims to raise HK$230m in share placement

    Posted Oct 22nd 2014, 01:52pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Mainland hotel and property owner Crown International plans to raise HK$230.28 million from a placement of new shares at a 16 per cent discount to the stock’s average closing price over the past five trading days, it said on Wednesday morning. The company will issue 330.34 million placing shares at 70 HK cents, a 19.5 per cent discount ...

  6. Property - Hong Kong & China - LABOUR

    Rising Hong Kong construction costs require creative approach, says consultancy

    Posted Oct 21st 2014, 06:33pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Imported workers and new methods of building may offer solutions to industry, experts say Construction costs continue to soar, beating inflation Rising ... also stems from an ageing workforce and lack of new blood coming into the industry. Johnston suggests efforts to promote efficiency, such as tapping into 3D modelling technology, may prove more ...

  7. Property - Hong Kong & China - HOME SALES

    Flat sales buoyant at Ma On Shan development

    Posted Oct 12th 2014, 06:04am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Flat sales buoyant at Ma On Shan project Encouraged by strong sales, Henderson Land and New World Development will offer a third batch of flats today ... of sales at Henderson Land, said. "We're considering the launch of between 100 to 150 new units this Sunday." Lam said the third batch of flats to be released "may cost a little ...

  8. Property - Hong Kong & China - RESIDENTIAL

    Beijing posts 19pc gain in new home prices

    Posted Oct 14th 2014, 04:40pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com More high-end deals fuel the rebound in the capital whereas Guangzhou and Hangzhou decline Beijing posts 19pc gain in new home prices Beijing snapped a three-month losing streak in new home prices last month, with the average price in the capital gaining 19.37 per cent from August. Other major cities also showed signs of recovery, the SCMP-Creda ...

  9. Property - International - INDIA

    Regulatory action hammers former Indian soldier who built a city

    Posted Oct 22nd 2014, 05:16am by Reuters

    ... Reuters in New Delhi Listing irregularity pushes Kushal Pal Singh off his perch as nation's richest developer after ban Plenty of fight in former soldier who built a city It was, ... director at DLF. "Its infrastructure may be creaking... but there is a new part which supports a new kind of life." To its detractors, though, Gurgaon is the epitome of the fervid real ...

  10. Property - International

    Biggest weekly gain in 9 months for US homebuilders

    Posted Oct 22nd 2014, 05:16am by Bloomberg

    ... the "psychologically important" one million barrier. Shares of homebuilders extended gains after reports the Federal Housing Finance Agency, which regulates Freddie Mac and Fannie Mae, plans new steps ... trading below their long-term average of 1.6 times book value, a measure of the total assets on their balance sheets, McGrath said. New-home construction, including apartments, was still running ...




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