• Tue
  • Oct 21, 2014
  • Updated: 2:29am

Real Estate Development

New projects planned

Cheung Kong Holdings plans to sell more than 4,000 flats this year in eight new projects, expected to bring in revenue in excess of HK$30 billion, similar to last year.

Friday, 17 February, 2012, 12:00am

New projects planned

Cheung Kong Holdings plans to sell more than 4,000 flats this year in eight new projects, expected to bring in revenue in excess of HK$30 billion, similar to last year. The five biggest developers, which also include Sun Hung Kai Properties, Henderson Land, Sino Land, and New World Development, will be selling more than 10,000 new units this year.

17 Feb 2012 - 12:00am

CHALLENGING YEAR

Beijing-based property developer Zhang Xin has made a name for herself and her husband in the mainland property market.

Now, according to news reports, the co-founder of SOHO China is worried that property cooling measures launched by the central government are hurting sales and threatening to send debt-laden property developers to the wall.

3 Nov 2011 - 12:00am

Law on forced sales needs a rethink

The revised law on the compulsory sale of old flats was supposed to help speed up urban renewal. Instead, it has become a rallying point for activists and disgruntled flat owners against big developers and their agents. Critics cite the law as proof of collusion between developers and the government. Whether or not that's true, the law is a difficult one to defend.

18 Aug 2011 - 12:00am

Property row does little for public confidence

Self-regulation is often regarded by some as the best approach for an industry in Hong Kong society. Only when industry practitioners fail to put the house in order should the government intervene for the sake of public interest. But this formula may not always work.

9 May 2011 - 12:00am

Court ruling offers hope to Mei Foo residents

A recent judgment in a long-running dispute over plans to develop a site in North Point may offer hope to Mei Foo residents fighting a proposed high-rise building near their homes.

5 Apr 2011 - 12:00am

Sales curbs may extend to 'rubbish dump' flats

A government committee responded to public outrage over pricey new flats being handed to their owners in 'rubbish dump' condition by saying that proposed laws regulating sales should extend to new homes on sites with unrestricted land leases.

18 Jan 2011 - 12:00am

Property tycoons' club pays to find out what we think of them

It's a club whose members include many of the city's richest people - men like Stanley Ho Hung-sun, Li Ka-shing, Cheng Yu-tung, Lee Shau-kee and Gordon Wu Ying-sheung.

And they want to know what you really think of them.

1 Aug 2010 - 12:00am

Rules for fairer flat sales set out

New rules requiring developers to give better information to buyers of uncompleted flats, and more details about flats sold to senior executives, have been proposed by the government in response to complaints about unfair sales tactics and suspected market manipulation.

13 Apr 2010 - 12:00am

Alarm at Beijing plan to punish developers who leave land idle

Property developers have reacted with alarm to reports that Beijing plans to enforce a nationwide crackdown on developers found guilty of leaving sites idle for speculative land banking purposes.

20 Jan 2010 - 12:00am

Developers prepared to adopt guidelines

Private developers are prepared to adopt a revised formula for assessing the saleable area of flats if it proves to be more useful for home buyers to work out exactly what they are getting, industry insiders have said.

Representatives of the Hong Kong Institute of Surveyors and the Real Estate Developers Association met yesterday to discuss revisions to the guidelines.

25 Jan 2008 - 12:00am

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