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  • November 29, 2014
  • Last updated: 11:41pm
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  1. Property - Hong Kong & China - SALES

    Beijing's interest rate cut spurs rush on new housing projects

    Posted Nov 26th 2014, 05:23am by Sandy Li

    ... Kenneth Pak Kei-yuen, a general manager at Midland Realty's Beijing office. Developers are the major beneficiaries of the latest rate cuts. Project launches such as Qianhai Shidai have been attracting long queues the first weekend after the People's Bank of China cut the benchmark lending rate for the first time in more than two years. The central bank cut the one-year benchmark ...

  2. Property - Hong Kong & China

    Lee Shau-kee proposes donating Shek Kip Mei site for low-cost housing

    Posted Jun 09th 2014, 11:41pm by Sandy Li

    ... to the government after he handed over a 100,000 sq ft site to build the city's largest nursing home in Tuen Mun. Another proposal, to build 1,000 flats for young people on a 63,000 sq ft site in Yuen Long, is still being discussed with the government. Without disclosing details, Lee said the site was owned and managed by a non-profit organisation in which he had served as a director for 20 ...

  3. Property - Hong Kong & China

    Visionary buyers to get deep discounts

    Posted Nov 19th 2013, 02:53am by Sandy Li

    ... with such price tags in Yuen Long if they were intent on buying a flat in a new project. He said he expected sales in the secondary market in Tung Chung to come to a standstill as individual owners would ...

  4. Property - Hong Kong & China

    Developers sniff out better deal at MTR site

    Posted Dec 28th 2013, 12:03am by Sandy Li

    ... in February when no developer submitted a bid due to the high land premium to be charged by the Lands Department. The tendering of an MTR site at Long Ping Station (South) in Yuen Long in April saw 20 ...

  5. Business - Companies - TECHNOLOGY

    SuneVision data centre project stays on course

    Posted Dec 17th 2013, 03:55am by Sandy Li

    ... for the remaining [untendered] land in the two industrial estates [in Tseung Kwan O and Yuen Long]. This [Google] land will be included in the review as well. No land will be opened for application before ... land in Yuen Long. All land parcels in the Tai Po estate have been sold. The Hong Kong Science Park spokesman said he expected the review might be completed in the second half of next year. ...

  6. Business - Companies - TECHNOLOGY

    In wake of Google pull-out, SuneVision still sticks to its data centre project

    Posted Dec 16th 2013, 11:13am by Sandy Li

    ... in the two industrial estates [in Tseung Kwan O and Yuen Long]. This [Google] land will be included in the review as well. No land will be opened for application before the completion of the study,” said the spokesman. Excluding Google’s 2.7-hectare site, the Tseung Kwan O Industrial Estate still has 2.55 hectares of land, and while there is 0.45 hectare of unsold land in the Yuen Long ...

  7. Lai Sun sells at discount

    Posted Jul 30th 2003, 12:00am by Sandy Li

    ... Struggling property company Lai Sun Development yesterday sold an industrial building in Yuen Long for HK$89.5 million - a 42 per cent discount to the book value of the property. The company estimated it would incur a loss of about HK$8.3 million on the sale, to be completed on or before August 6. It said the proceeds would be used to repay debts. The Lai Sun Yuen Long Centre, ...

  8. New homes offered at big discounts

    Posted Apr 08th 2009, 12:00am by Sandy Li

    ... to undercut a rival project in Yuen Long. As Cheung Kong releases the first batch of 24 units at its 1,068-unit Central Park Towers, Phase II, in Tin Shui Wai, it is selling the cheapest unit ... in Yuen Long at an average price of HK$2,929 per square foot- 20 to 30 per cent below the current prices in the area. About 150 units at Emerald Green have been sold at HK$2,600 to HK$4,000 per ...

  9. Business - Property - PROPERTY

    Further mortgage rate rise 'could cut home prices by 20pc in two years'

    Posted Mar 15th 2013, 12:00am by Paggie Leung, Yvonne Liu, Sandy Li

    ... brochure in three volumes for upcoming 780-unit Riva project in Yuen Long. The three volumes provide details on different types of units and towers in compliance with new sales regulations ...

  10. Race is on to attract buyers in luxury villa market

    Posted Dec 20th 2006, 12:00am by Sandy Li

    ... 535-townhouse project, Beverly Hills, in Tai Po and Sun Hung Kai Properties' 160-villa development, the Vineyard, in Yuen Long have made an aggressive push to lure buyers. Private developers with smaller projects in Yuen Long will also be putting villas on sale. No official timetable for these projects has been released but property agents say developers' launch strategy would take ...




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