• Thu
  • Aug 21, 2014
  • Updated: 10:09pm

Lai Sun Development

Mainland China’s economic growth top concern of investors

Malaysian accountant Chew Fook Aun, 51, joined the Lai Sun group in June 2012 to restart the investment engine of one of Hong Kong's oldest developers, which at the time was nearly dormant.

Wednesday, 5 March, 2014, 3:30am

Lai Sun returns to hotel business in Hong Kong

Years after it demolished two five-star hotels it owned in Central to make way for office projects, midsize developer Lai Sun Development is looking to re-enter the hospitality industry in Hong Kong.

5 Mar 2014 - 4:47am

Lai Sun mulls bid for hotel site at Ocean Park

Lai Sun announced a 18.06 per cent drop in underlying profit, excluding property revaluation gains, to HK$117.9 million for the six months to January 31.

29 Mar 2013 - 4:16am

Lai Sun Development promises more partnerships

Lai Sun Development hinted yesterday that its partnership with Sun Hung Kai Properties' ousted chairman Walter Kwok Ping-sheung to develop a HK$6 billion residential project on a recently acquired site in Tseung Kwan O could be the beginning of more partnerships.

19 Dec 2012 - 2:37am

Lai Sun buys Tseung Kwan O waterfront site for HK$2.8b

Lai Sun Development made its first land acquisition in 18 years yesterday with a price that beat expectations in a housing market softened by recent government measures.

29 Nov 2012 - 3:46am

Lai Sun rules out price cut despite new property tax

Lai Sun Development has no plans to cut the prices of its new project in Yau Tong despite the 15 per cent additional stamp duty imposed on non-permanent residents and corporate buyers.

31 Oct 2012 - 3:17am

Lai Sun rises for real estate return

One of Hong Kong's long-established property developers has a message for the market: it's back.

5 Jul 2012 - 12:00am

Beijing urged to keep its foot on property brake

A top government think tank says the mainland should continue to impose strict austerity measures to curb property price growth, and suggests a 'soft landing' in the real estate market could be achieved next year.

10 Dec 2011 - 12:00am

SALES VALUE SOARS

Midland Realty has forecast that the sales value of first-hand properties in Hong Kong this year will reach a record HK$140 billion. The average price of first-hand properties has shot up 26 per cent year on year to HK$11.8 million. Properties on Hong Kong Island were the most expensive at HK$23 million, up 36 per cent, though Kowloon properties rose 39 per cent to HK$12.8 million.

11 Nov 2011 - 12:00am

Henderson Land profit soars 159pc

A big jump in sales from newly released projects helped Henderson Land Development to a 159 per cent increase in underlying profit to HK$3.428 billion for the six months to June 30.

The surge in underlying profit came as the company sold flats in completed projects such as 39 Conduit Road in Mid-Levels, Casa Marina in Tai Po, and The Beverly Hills.

26 Aug 2011 - 12:00am

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