Laguna City

In Brief

Hikers rescued as heat sends scores to hospitals

Monday, 21 July, 2008, 12:00am

Laguna City prices defy market to hit records

Despite a weak property market, transaction prices for quality flats at Laguna City in Kowloon are hitting new record highs, agents say.

24 Sep 1997 - 12:00am

Cheung Kong opts for leasing

Cheung Kong (Holdings) has surprised analysts by deciding to retain more than half its joint-venture project in Western for leasing rather than selling all units.

Company sales manager Gerald Ma said about 200 units of the Manhattan Heights development would be released for public sale, with the rest held for long-term investment.

21 May 1997 - 12:00am

Bus drivers leaving early

I am writing to complain about the bus service of KMB route No 40, running from Laguna City to Tsuen Wan Ferry Pier.

10 Jun 1996 - 12:00am


On Sunday, March 17, at about 1.30pm, I approached the 219X bus terminus in Laguna City. The bus was just pulling out, and I signalled to the driver.

Instead of stopping to let me on, the bus driver waved me away and carried on out of the terminus. She stopped for traffic at the road, ignoring me as I walked up to the door and motioned to her.

31 Mar 1996 - 12:00am

More Laguna City units on the market

DEVELOPER Cheung Kong (Holdings) will release more Laguna City units for sale tomorrow following the registration of 1,617 prospective buyers for 64 units.

The units are being offered at an average of $5,209 per square foot.

15 Mar 1996 - 12:00am

Flats deluge market

DEVELOPERS are rushing to put apartments on the market to take advantage of improving buyer sentiment.

China Overseas Land & Investment announced yesterday it sold 44 apartments of its residential and commercial development, The Yanville, in Wan Chai, on the first day of sale.

13 Mar 1996 - 12:00am

Taking a view on pricing

WITH momentum in the property market beginning to pick up, developers are taking the bold step of raising prices at new projects, while at the same time offering better mortgage and payment arrangements.

At Flora Plaza in Fanling and Fairview Height in the Mid-Levels, prices of new units were up by as much as six per cent.

15 Nov 1995 - 12:00am

$1b Laguna City flats deal flops

A PRIVATE property investment company has failed to complete the $1 billion purchase of 208 flats in Laguna City, developed by Cheung Kong (Holdings) in Lam Tin.

The deadline for Mass Resources Development to pay the 75 per cent it still owes on the deal is said to have passed.

14 Nov 1995 - 12:00am

Analysts itchy over ominous property signs

SOMETHING appears to have gone fundamentally wrong with the housing sales market over the past couple of weeks, causing analysts some concern.

The long-awaited flurry of buying activity that emerged after the Lunar New Year appears to be evaporating both in the primary and secondary sales markets, leaving some market watchers scratching their heads.

5 May 1995 - 12:00am

Clever tactics earn Li a Salomon 'buy'

SALOMON Brothers property analyst Franklin Lam may dislike some of Li Ka-shing's recent developments, but for the first time in three years he has changed his recommendation on the company's stock from 'hold' to 'buy'.

In his latest market commentary, Mr Lam blasts Kingswood Villas in Yuen Long as the proverbial 'Skoda' of the Hong Kong housing market.

3 May 1995 - 12:00am

Laguna City sale attracts over 100

MORE than 100 people signed up yesterday on the first day of registration for the latest batch of 96 flats on offer at Cheung Kong's Laguna City development in Kwun Tong.

With registration to continue until tomorrow, the sale is expected to be oversubscribed.

About 33,000 people viewed Cheung Kong's show flat at the weekend.

3 May 1995 - 12:00am

Car park perks to sweeten flats offer

CHEUNG Kong (Holdings) is offering discounted car parking spaces to tempt buyers for its 96 flats at Laguna City next week.

Buyers will be offered a parking space for about $600,000, a discount of about $200,000.

Cheung Kong executive director Katherine Hung said the developer would also provide an extra 10 per cent mortgage finance with a five-year maturity.

28 Apr 1995 - 12:00am

Incentives expected at Laguna City

CHEUNG Kong (Holdings) is expected to employ sweeteners similar to those used in the successful Oasis sales to boost its forthcoming release of about 200 units at its Laguna City development in Kwun Tong.

Estate agents said the developer would likely make interior furnishings and hotel-style services, such as cleaning and laundry, available to buyers.

19 Apr 1995 - 12:00am

Cheung Kong deal may yet see profit

DESPITE having to lower prices for the next batch of 128 flats in the fourth phase of Laguna City because of poor market sentiment, it still looks as if Cheung Kong (Holdings) has made the right decision in buying out Shell's 50 per cent interest in the project.

6 Jan 1995 - 12:00am