The enthusiastic response to the sale of flats at Trinity Towers in Sham Shui Po at the weekend confirmed the existence of solid demand among first-time homebuyers, but the interest in homes requiring payment of a larger lump sum remained to be seen, agents said.Wednesday, 2 April, 2014, 3:08am
Unlike rival luxury home developers with numerous large projects due for launch, Swire Properties won't be taking part in a price war. Prices at its completed residential project, Mount Parker Residences in Quarry Bay, could set a record in the district.7 May 2015 - 4:01pm
British retailers slashed prices at the fastest rate in at least seven years during the January sales, industry figures showed on Wednesday, highlighting tough trading conditions despite an improving economy.5 Feb 2014 - 2:49pm
Kerry Properties is offering a total discount of 15.8 per cent, including a stamp duty subsidy of as much as 8.5 per cent, to boost sales at The Summa, its residential project in Sai Ying Pun to be launched next week.
After that discount, the average price of the first 50 units at the 168-unit project is HK$22,989 per square foot.3 Jan 2014 - 3:18pm 1 comment
As much as traders doubt the practicality of guidelines over price tags to stop retailers from faking bargains, a stroll through the city's supermarkets shows the status quo can confuse if not mislead shoppers.4 Feb 2013 - 4:40am 1 comment
Travel brochures, once a common sight, are now likelier to be found in a museum than a living room.10 Dec 2012 - 2:28am
Keikichi Miyakawa says he earned about US$50,000 a month selling golf club memberships during Japan's bubble economy in the late 1980s.17 Nov 2012 - 4:13am
I propose to make a one-off injection of HK$6,000 into the MPF accounts of all MPF scheme members.
Financial Secretary John Tsang Chun-wah, Budget speech, 2011
Of course he has now proposed to depropose it or repropose it or do something else to satisfy the placard wavers. But let's just examine why it was a bad idea anyway.3 Mar 2011 - 12:00am
The property bubble in Shanghai appears to be deflating with developers offering steeper discounts than normal to drum up purchases by first-time homebuyers.
To counter a 50 per cent slide in transaction volume in Shanghai so far this month, prices of flats at some projects on the city's outskirts are being cut by up to 0.7 per cent from the standard 0.2 per cent discount.27 Jan 2010 - 12:00am
Kowloon Development said yesterday it had acquired two property development projects from its parent for HK$857 million.
The company said in a statement the properties were located in Ming Yuen Western Street at North Point and Hun Nan Xin district in Shenyang, northeastern China.17 Aug 2009 - 12:00am
Operators from more than three-quarters of the shops in the Mong Kok Computer Centre went on strike for three hours yesterday to demand a rent cut amid the economic downturn.
The strike lasted from noon to 3pm at the centre in Nelson Street, which houses around 70 shops.19 Feb 2009 - 12:00am
Dry-bulk shipper Pacific Basin Shipping is to raise HK$2.14 billion in its second fund-raising exercise in six months.
The company has reached an agreement to place 158.598 million shares at HK$13.52 each, a discount of 7.02 per cent to yesterday's close of HK$14.54.9 May 2008 - 12:00am
Evergrande Real Estate Group, a developer that recently postponed its Hong Kong initial public offering, has cut prices on a number of upmarket residential projects in Guangzhou by as much as 40 per cent to speed up sales.
The move has triggered concerns that the Guangzhou-based developer was trying to raise cash by selling its properties at a discount.2 Apr 2008 - 12:00am
Rhys Adams, marketing director of the El Grande restaurant and bar group, is so confident Financial Secretary John Tsang Chun-wah will drop or decrease the wine and beer duty in his budget tomorrow that he's already offering booze discounts at his outlets.26 Feb 2008 - 12:00am
Shanghai Forte Land tapped the market for $694.8 million yesterday, riding on a sharp rally in the stock market.4 Apr 2006 - 12:00am