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  • September 30, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Fanling residential site attracts 23 bidders as demand remains strong

    Posted Sep 27th 2014, 05:34am by Yvonne Liu

    ... on the site," said Quinly Wan Tsz-mei, deputy general manager of K Wah Real Estates, the subsidiary of K Wah International. The development scale of the site at the junction of Luen Hing Street, Wo Fung Street and Luen Shing Street is small, but it still attracted large developers like Cheung Kong (Holdings), Henderson Land Development, Sino Land, HKR International, China Vanke, and K Wah ...

  2. Property - Hong Kong & China - PROPERTY

    Land sale attracts keen interest as developers bank on smaller flats

    Posted Aug 09th 2014, 04:11am by Yvonne Liu

    ... restrictions on the number of flats in the latest tender, both sites are limited to mid to small-sized units. The Ma On Shan site at Hang Kwong Street could provide at least 180 flats with an average ...

  3. Property - Hong Kong & China - PROPERTY

    Prime rents under pressure as mainland China tourist numbers decline

    Posted May 12th 2014, 02:58am by Peggy Sito, TIFFANY AP

    ... Rating agency Fitch expects retailers, especially those targeting mainland tourists, to delay or halt expansion.  “Rentals at prime street level shops catering to mainland tourists, particularly ... provinces. We saw visitors mainly from Guangdong province,” said general manager of Sun Hung Kai Properties’ leasing department, Maureen Fung Sau-yim. She added that rents in secondary streets ...

  4. Property - Hong Kong & China - PROPERTY

    China Vanke moves into Wan Chai

    Posted Apr 02nd 2014, 05:47am by Yvonne Liu

    ... in the future," an analyst said. "They have no plan to expand aggressively in Hong Kong. Their big market is in the United States." The site at 12-24 Lun Fat Street, near J Residence, covers ... The tender will close on May 30. The site at Schooner Street, near Ship Street Playground, covers an area of 2,960 sq ft. ...

  5. Property - Hong Kong & China - PROPERTY

    Centaline claims bigger slice of Hong Kong flat market

    Posted Feb 24th 2014, 04:32am by Sandy Li

    ... asked for big rent increases. "We will also move some shops to upper floors where monthly rental will be less than those being charged on street-level shops," he said. Albert Wong ...

  6. News - Hong Kong - PROPERTY

    New site for public flats in Tai Po overlaps SHKP project

    Posted Feb 11th 2014, 04:33am by FANNY FUNG

    ... Shing Street, that was to yield about 150 flats after district councillors expressed opposition. The adjustments were made after consultation with the Tai Po District Council's environment, ...

  7. Infographics - News - PROPERTY

    Russell Street in Hong Kong more expensive than New York's Fifth Avenue

    Posted Jun 28th 2013, 10:47am by SCMP Graphics

    ... SCMP Graphic Russell Street in Causeway Bay surpassed New York's Fifth Avene last year to become the world's most expensive shopping street. Here we examine just how much money has been spent to ensure a spot in the city with the highest prime retail rent.     ...

  8. Property - Hong Kong & China - PROPERTY

    Russell Street rewards early investors

    Posted Jun 28th 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Russell Street: the gift that keeps on giving The rents are huge in Russell Street, the world's most expensive shopping street, and so are the returns ... landlords, having spent about HK$2.96 billion on the street since 2004. "Our first investment was the retail podium of 8 Russell Street. We bought it for HK$525 million in 2004," said ...

  9. News - World - PROPERTY

    US developer Jack Sommer says he'll accept bitcoin for US$7.85m mansion

    Posted Dec 16th 2013, 04:44am by AP

    ... Review-Journal. He said Sommer's willingness to accept bitcoin could open the home to a global audience. "If you increase awareness of potential buyers, you could tap into new markets," ... to be marketed formally around bitcoin. A range of businesses accept the currency. A California Lamborghini dealership sold a US$103,000 Tesla to a Florida man for 91.4 bitcoin, the Review-Journal ...

  10. News - Hong Kong - PROPERTY

    Vacant Diamond Hill site may get homes, park and 'cultural street'

    Posted Dec 19th 2012, 12:00am by Olga Wong, Joyce Ng

    ... Olga Wong and Joyce Ng Plans to turn seven hectare plot into housing, park and 'cultural street' with rehearsal studios Homes, park for Diamond Hill site The government ... a "cultural street" that provided space for studios for dancing and drama activities. "Renting the industrial space in San Po Kong has become increasingly unaffordable for many artists, so ...




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