Even if mega project’s budget rises due to inflation, land prices will rise at a higher rate and more than make up for it, says Michael Wong.
Lee Shau-kee said he is considering a retirement plan after Henderson Land’s annual general meeting on May 28
Lee Shau-kee said he is considering a retirement plan after Henderson Land’s annual general meeting on May 28
Government says it will adopt unprecedented development model for Lantau Tomorrow Vision project, with 56km of transport links to be built at the same time as first housing blocks are completed.
Government says it will adopt unprecedented development model for Lantau Tomorrow Vision project, with 56km of transport links to be built at the same time as first housing blocks are completed.
Racehorses have been moving freely across Hong Kong’s border with southern China, becoming the first beneficiaries of the city’s closer connectivity with the Pearl River Delta.
Racehorses have been moving freely across Hong Kong’s border with southern China, becoming the first beneficiaries of the city’s closer connectivity with the Pearl River Delta.
The creation of 1,000 hectares of man-made islands to the west of Hong Kong Island, providing up to 260,000 flats, will cost an eye-watering HK$624 billion (US$80 billion).
The creation of 1,000 hectares of man-made islands to the west of Hong Kong Island, providing up to 260,000 flats, will cost an eye-watering HK$624 billion (US$80 billion).
Opinion
Hong Kong’s economy grew 3 per cent last year compared with Shenzhen’s 7.6 per cent growth, but for the likes of per capita income and social, cultural and educational development the former British colony is still on top.
Many local actors and filmmakers are vying for a piece of the lucrative mainland market, but tastes are changing and standards are rising, meaning Hong Kong faces a challenge to compete.
With land supply issues and a growing demand for homes, there’s no magic wand for the city’s property woes.
Hong Kong leaps three spots to share dubious title alongside the French capital and incumbent Singapore, according to the Worldwide Cost of Living survey, put out by the Economist Intelligence Unit.
Development chief Michael Wong dismisses concerns the cost of Lantau Tomorrow Vision project will wipe out more than half of the city’s fiscal reserves.
Development chief Michael Wong dismisses concerns the cost of Lantau Tomorrow Vision project will wipe out more than half of the city’s fiscal reserves.
Changes to limited partnership regime could bring more funds and managers to Hong Kong, and keep systemic risks in check, lawyers and analysts say.
Changes to limited partnership regime could bring more funds and managers to Hong Kong, and keep systemic risks in check, lawyers and analysts say.
Legislators on Wednesday will vote on a law change to allow the government to offer up to HK$60,000 in tax incentives on extra pension savings.
Legislators on Wednesday will vote on a law change to allow the government to offer up to HK$60,000 in tax incentives on extra pension savings.
Proposals under study include lowering trading costs and adding some small companies to stock connect schemes
Proposals under study include lowering trading costs and adding some small companies to stock connect schemes
Bait-and-switch tactics and flats advertised even though they are off the market still common, Post analysis finds, three months after industry watchdog warned against the ploys.
Bait-and-switch tactics and flats advertised even though they are off the market still common, Post analysis finds, three months after industry watchdog warned against the ploys.
Global remittances to developing countries rose to US$466 billion in 2017, with the average fee on a US$200 transfer at 7.45 per cent, excluding additional fees hidden in the exchange rate.
Global remittances to developing countries rose to US$466 billion in 2017, with the average fee on a US$200 transfer at 7.45 per cent, excluding additional fees hidden in the exchange rate.
Arrangement is more generous than expected as authorities try to woo talent from Hong Kong, Macau, Taiwan and abroad
Arrangement is more generous than expected as authorities try to woo talent from Hong Kong, Macau, Taiwan and abroad
District Coordination Group for Mainland China Inbound Tours will address issue of tour group flows in neighbourhoods but admits the task is a tough one.
District Coordination Group for Mainland China Inbound Tours will address issue of tour group flows in neighbourhoods but admits the task is a tough one.
Swire’s 2018 profit helped by turnaround in financial performance of Cathay Pacific Airways and disposals of non-core assets after Merlin Swire, sixth-generation descendant of group’s founder, took over as chairman.
Swire’s 2018 profit helped by turnaround in financial performance of Cathay Pacific Airways and disposals of non-core assets after Merlin Swire, sixth-generation descendant of group’s founder, took over as chairman.
City watchdog urges fliers to shop around after finding that ticket prices vary across websites, and are fares are not always available when it comes to paying for the ticket.
City watchdog urges fliers to shop around after finding that ticket prices vary across websites, and are fares are not always available when it comes to paying for the ticket.
Centaline founder says developers can still resort to tactics such as allocating newly built homes to staff members to delay market access.
Centaline founder says developers can still resort to tactics such as allocating newly built homes to staff members to delay market access.
The city’s de facto central bank spent HK$3.925 billion (US$500 million) in its latest outing to buy the local currency and keep it within the limits of a trading band.
The city’s de facto central bank spent HK$3.925 billion (US$500 million) in its latest outing to buy the local currency and keep it within the limits of a trading band.
New HK$1.4 billion development in Yuen Long targeted at 18 to 30 year olds, but those who want a space will have to drop applications for public housing and can only stay five years.
New HK$1.4 billion development in Yuen Long targeted at 18 to 30 year olds, but those who want a space will have to drop applications for public housing and can only stay five years.
Survey by recruitment agency Randstad Hong Kong finds 85 per cent of companies preparing for payout, with workers likely to take home between one and two months salary as reward for strong performances.
Survey by recruitment agency Randstad Hong Kong finds 85 per cent of companies preparing for payout, with workers likely to take home between one and two months salary as reward for strong performances.