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  • October 25, 2014
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  1. 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

    ... Peggy Sito peggy.sito@scmp.com Shimao-led bid wins tender for hotel site A venture led by Shanghai-based Shimao Property Holdings outbid five Hong Kong developers to win the government tender for a hotel site in Tung Chung for HK$1.83 billion, in line with the range of analysts' estimates. "[We] had submitted bids for Hong Kong government tenders before ...

    http://www.scmp.com/property/hong-kong-china/article/1622330/shimao-led-bid-wins-tender-hotel-site-tung-chung
  2. Property - Hong Kong & China - PROPERTY

    Tung Chung hotel site tender draws warm response

    Posted Oct 18th 2014, 04:26am by Peggy Sito, Sandy Li

    ... Peggy Sito and Sandy Li Tung Chung hotel site draws warm response Six local and mainland developers submitted bids in a government tender for an estimated HK$2.4 billion hotel site in Tung Chung, the only new plot in the land sales programme this year. The positive bidding response came as InterContinental Hotels Group, the world's largest provider of hotel accommodation, ...

    http://www.scmp.com/property/hong-kong-china/article/1618826/tung-chung-hotel-site-tender-draws-warm-response
  3. Property - Hong Kong & China - TENDER

    MTR Corp's Tai Wai tender sweetened with cut in land tax

    Posted Sep 17th 2014, 05:52am by Sandy Li, Yvonne Liu

    ... Sandy Li and Yvonne Liu MTR's Tai Wai tender sweetened with land tax cut MTR Corp yesterday released the tender terms for the Tai Wai Station residential project as the land premium ... square foot, compared with the levy of HK$12.7 billion or HK$4,410 per square foot imposed in 2012. The tender, which will close on October 13, came a day after the corporation received ...

    http://www.scmp.com/property/hong-kong-china/article/1594185/mtr-corps-tai-wai-tender-sweetened-cut-land-tax
  4. Property - Hong Kong & China - PROPERTY

    Developers keen as MTR's Tai Wai residential project up for tender

    Posted Sep 16th 2014, 03:15am by Yvonne Liu

    ... per square foot. The response of the tender depends on the terms of the tender." When MTR Corp released the Tai Wai MTR Station residential project for tender two years ago, the winning ... of interest, as did property trust Link Reit. The railway operator will release the project for tender soon. Surveyors estimated the total investment cost, including land premium, construction ...

    http://www.scmp.com/property/hong-kong-china/article/1593409/developers-keen-mtrs-tai-wai-residential-project-tender
  5. Property - Hong Kong & China

    Henderson Land wins Tsim Sha Tsui site with a HK$4.7b tender

    Posted Sep 03rd 2014, 11:47pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com TST site fetches HK$4.7b, much higher than forecast Henderson Land Development outbid 17 developers to win the government tender for a commercial site ... cent interest, outbid five other tenders including Cheung Kong, Henderson Land and Sun Hung Kai Properties. The tender followed an earlier aborted exercise, after which the URA relaxed the sale ...

    http://www.scmp.com/property/hong-kong-china/article/1584706/henderson-land-wins-tsim-sha-tsui-site-hk47b-tender
  6. Property - Hong Kong & China - LAND SALES

    Strong interest tipped in rare TST commercial site tender

    Posted Aug 26th 2014, 10:28am by Yvonne Liu

    ... commercial site in Tsim Sha Tsui released for sale in 16 years is expected to generate an overwhelming response by the time the tender closes on Friday. The site at 15 Middle Road, next to Sheraton Hong Kong Hotel & Towers, was put up for tender in June. It is the most valuable commercial site in the land sales programme. Surveyors expect the site, located in the heart of Tsim Sha ...

    http://www.scmp.com/property/hong-kong-china/article/1579192/strong-interest-tipped-rare-tst-commercial-site-tender
  7. Property - International - ACQUISITIONS

    China Metallurgical wins tender for Singapore site with S$471.62m bid

    Posted Aug 22nd 2014, 11:24am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com China Metallurgical Corp has won a residential and commercial site in Singapore for about HK$2.92 billion. The mainland-backed company said subsidiary MCC Land (Singapore) had won the tender at price S$471.62 million (HK$2.92 billion). The site, in the Potong Pasir region in central Singapore, could provide a total gross floor area of 56,523 ...

    http://www.scmp.com/business/commodities/article/1579026/china-metallurgical-wins-tender-singapore-site-s47162m-bid
  8. News - Asia - VIETNAM

    ‘It’s sweeter and tenderer than dog meat’: Vietnam’s taste for cat leaves pets in peril

    Posted Jul 28th 2014, 11:50am

    ... eating dog as the meat is more sweet, more tender than a dog,” Thien said. A cat sells for between US$50 and US$70 depending on how large it is and how it is prepared. Many pet owners get fed up ...

    http://www.scmp.com/news/asia/article/1561037/its-sweeter-and-tenderer-dog-meat-vietnams-taste-cat-leaves-pets-peril
  9. Business - Companies - CORRUPTION

    China Resources sealed billions in deals without tenders, auditor finds

    Posted Jun 21st 2014, 03:14am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com In one case, auditors find HK-listed power unit sealed HK$14.7b deals outside usual practice China Resources bypassed tenders in huge contracts China Resources sealed billions of yuan worth of contracts without going through a tendering process, the National Audit Office has discovered. The revelations, part of the annual audits of 11 state-owned firms, ...

    http://www.scmp.com/business/companies/article/1537292/china-resources-sealed-billions-deals-without-tenders-auditor
  10. Property - Hong Kong & China - PROPERTY

    MTR Corp expected to lower land prices in bid to sell Tin Shui Wai site

    Posted Oct 06th 2014, 04:05am by Sandy Li

    ... to lower land prices in race for flats MTR Corp is expected to settle for lower prices in upcoming tenders for its sites and divide them into smaller plots to speed up sales as the government steps ... in Tseung Kwan O that could yield 3,100 units. MTR Corp has failed to sell the Tin Shui Wai site in two previous tender attempts and is likely to have another go before the end of the year to meet ...

    http://www.scmp.com/property/hong-kong-china/article/1610159/mtr-corp-expected-lower-land-prices-bid-sell-tin-shui-wai

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