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  1. Few bids for Tung Chung flats site

    Posted Jul 23rd 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com Yesterday saw only five bids for the government's tender of a large residential site in Tung Chung that is reserved for small flats. That is the least ... for the Tung Chung site was a sharp contrast to the tender sale of three previous plots under the scheme, which imposes restrictions on the number and the size of flats to be built. Two sites in Hung ...

  2. Rush of new flats before year's end

    Posted Sep 07th 2011, 12:00am

    ... and the resumption of the subsidised Home Ownership Scheme. Kwock estimated that about 6,500 new private flats totalling HK$78 billion would be put on sale in the second half of this year, compared ... Paggie Leung paggie.leung@scmp.com Developers are expected to be more aggressive in launching new flats in the second half of the year, with many projects likely to be launched before ...

  3. Property - Hong Kong & China - PROPERTY DEVELOPMENT

    Hong Kong developers’ profit margins squeezed

    Posted Mar 06th 2014, 11:25am by Sandy Li

    ... on which it built Island Resort. SHKP said last week the Ho Man Tin project would be released for sale this year. Alfred Lau, a property analyst at Bocom International, said flat prices ... an analyst said. In Hong Kong, new flats can sell for HK$10,000 per sq ft, but they go for just 1,000 yuan [HK$1,265] per sq ft on the mainland Nicole Wong, CLSA Paul Louie, head of regional property ...

  4. Property - Hong Kong & China - LUXURY PROPERTY

    5,000 jostle for cut-price luxury flats at The Cullinan in West Kowloon

    Posted Oct 13th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Buyers go to battle at luxury flat sale About 5,000 people queued, pushed and jostled as 60 luxury flats went on sale at The Cullinan development in West Kowloon ... Commerce Centre, including the ground floor and car park. Price could have a lot to do with that: the flats were being sold for 20 per cent below the cost of secondhand flats in the development. ...

  5. Property - Hong Kong & China - FORECASTS

    Sun Hung Kai Properties sees steady prices even as analysts forecast falls

    Posted Feb 12th 2014, 04:29am by Sandy Li

    ... costs, developers are unlikely to cut prices significantly." Analysts say the prices of new flats may fall sharply this year due to increased supply and the possibility that developers ... cut its asking prices for 156 flats at its Riva development on Monday. The units were offered at prices ranging from HK$7,583 per square foot to HK$12,433 per sq ft, versus recent transaction ...

  6. Out-of-touch planners sentence Hongkongers to life in a shoebox

    Posted Sep 19th 2005, 12:00am by Jake Van Der Kamp

    ... private sector flats over the past 12 months. Normally, we complete a total of nearer 70,000 flats a year and, with the government's subsidised sale programme now shut down, there is increasing pressure to make up the difference with public rental flats. But construction of these relies on cash flow from subsidised home sales and the stopgap measure to make up the shortfall, ...

  7. Hunghom developers will sell to mass market

    Posted Mar 30th 2006, 12:00am by May Chan, Yvonne Liu

    ... 2004, when the government, having frozen sales of subsidised flats under the Home Ownership Scheme, sold the site. Weeks later, the developers announced they intended to demolish the estate ... May Chan and Yvonne Liu Having been mothballed, sold to developers, then saved from demolition after an outcry, harbourfront flats in Hunghom will, after all, be sold to ordinary families. ...

  8. Business - Companies - REAL ESTATE

    No holiday for property agents as flats snapped up

    Posted Feb 14th 2013, 12:00am by Paggie Leung

    ... yesterday, said the project attracted a keen response. The developer expected about 100 flats to be sold by the end of the night. New World Development said that since Saturday it had sold 33 units at The Reach, co-developed by Henderson Land Development in Yuen Long, and seven new flats at The Riverpark in Sha Tin. Demand appeared unaffected by government measures, such was a special buyer's ...

  9. Property - Hong Kong & China - HOUSING

    Flat launches will give Hong Kong housing market a boost, analysts say

    Posted Jan 09th 2013, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Sales at new projects like SHKP's Wings II will help sentiment ahead of policy address, analysts say Flat launches set to give market a boost Upcoming flat launches are expected to give the local home market a boost amid improved buying sentiment after the Christmas and New Year's holiday break, say agents and property analysts. ...

  10. Business - Money - PROPERTY

    Sun Hung Kai Properties Wings II flats priced cheaper than planned

    Posted Jan 05th 2013, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Li Ka-shing says home prices will remain stable in 2013, falling or rising at most by 10 per cent SHKP Wings flats priced 15.8pc less than 2011 phase Sun Hung Kai Properties yesterday priced the first 50 flats at The Wings II project at HK$10,688 per square foot, about a third lower than it originally intended, and also cheaper than ...




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