Shih Wing-Ching

Ring-fence quota of Hong Kong flats for locals, says expert

Shih Wing-ching. Photo: May Tse

Shih Wing-ching, co-founder of Centaline Property Agency, said his proposal would make flats more affordable for younger buyers without having too much adverse impact on the overall property market.

Monday, 18 March, 2013, 7:27am

Ethics come first for Shih Wing-ching

Shih Wing-ching at his office in Central. Photo: May Tse

Apart from two grand works of Chinese art, there's nothing in the modest office in Central's New World Tower to suggest its occupant has a business empire employing 30,000 people in Hong Kong and the mainland. Furthermore, Shih Wing-ching, the co-founder of Centaline Property Agency, glows with pride talking about the unassuming ways of his three children.

7 Jan 2013 - 6:52pm 1 comment

Data used for flat sizes doesn't always add up

Real estate industry leaders say a central database of flat sizes is needed to prevent lawsuits arising from discrepancies between two data sources used by the property agents' watchdog.

24 May 2012 - 12:00am

CALMING influence

Property market watchers breathed a sigh of relief as uncertainty cleared after Leung Chun-ying emerged as the winner in the race to become Hong Kong's new chief executive.

Although they remain cautious about the future of the market, they expect the sector to stabilise and some even predict a rising trend in prices.

13 Apr 2012 - 12:00am

liberal studies

Reading comprehension

Answer the following questions:

1 According to the article, which of the follow measures has the government not taken to curb soaring property prices?

a. Banned quick resales of flats

b. Resumed building HOS flats

c. Converted industrial land for residential use

7 Sep 2010 - 12:00am

Public Eye

Workers killed by corporate greed

16 Sep 2009 - 12:00am

Property tycoon disputes heritage value of building

The head of the city's biggest real estate firm has challenged official plans to award historic status to his Mid-Levels property, a pre-war European-style building.

12 Sep 2009 - 12:00am

New migrants, and maids, fear being left out of the workforce

A group of new mainland migrants and foreign domestic helpers voiced fears yesterday - International Women's Day - of being left out of the workforce.

9 Mar 2009 - 12:00am

Bears expect to rule in Year of the Ox

Experts advise investors to be prepared for opportunities towards the fourth quarter

The Year of the Ox, which begins in five days, looks more likely to bring out a bear than a bull for the Hong Kong property market - at least for the first nine months of the year, analysts say.

21 Jan 2009 - 12:00am

Falling commissions drive agencies into red

Falls in commission incomes as a result of declining property sales are forcing Hong Kong real estate agencies into the red - despite the cost-cutting measures they have taken to deal with the downturn.

17 Sep 2008 - 12:00am

Quotes of The Week

What she said was anti-human rights and illogical. Neck-shoving was clearly an assault and cannot be part of police training. A former security chief should know a person can die after being shoved in the neck.

2 Aug 2008 - 12:00am

Centaline boss gives HK$5b in shares to foundation for poor

Centaline (Holdings) chairman Shih Wing-ching is not a typical Hong Kong businessman.

The communist-turned-liberal supports numerous charities, including aid groups for prostitutes, and he befriends radical politicians. 'Long Hair' Leung Kwok-hung has been a regular guest of his for years.

17 Feb 2008 - 12:00am

Property agents upbeat over market outlook

Rate cut expected to boost buying

Hong Kong property agents are upbeat that the 0.25 percentage point interest rate cut by local lenders, tracking the reduction in the US, will encourage more people to buy property in the booming market.

2 Nov 2007 - 12:00am

A night of sci-fi and spirituality ... but no property tips

It promises to be an eclectic night of spirituality, religion and philosophy. Property market guru Shih Wing-ching (above left) is partnering with Hong Kong's most famous sci-fi writer, Ngai Hong (right), and well-known preacher Enoch Lam (centre), for a public seminar next month at the Convention and Exhibition Centre.

27 Oct 2007 - 12:00am

Home completions expected to reach record low and spur sales

Completion of new private residential units in Hong Kong may hit a record low this year, while demand continues for unsold units in completed projects, according to government figures.

The decline in completions, combined with a strong economy and declining interest rates, pointed to a prosperous fourth quarter for developers, analysts said.

19 Oct 2007 - 12:00am