Residential Property
Sun Hung Kai Properties underlying profit up 55%
This is a record high for the developer that has so far spent more than HK$11 billion for sites purchase from the Hong Kong government.
Sun Hung Kai Properties underlying profit up 55%
This is a record high for the developer that has so far spent more than HK$11 billion for sites purchase from the Hong Kong government.
Powerlong’s contract sales disappointing at RMB2.3b in 1H 2011
Moody’s says its new private debt placement of HK$1b won’t impact its negative outlook.
Sun Hung Kai Properties to invest more than $835m to develop new site
The developer has acquired a Tseung Kwan O residential site from Tuesday’s government land auction for $410 million.
Cheung Kong forecast to lead bids at government land auction
Analyst says Cheung Kong’s strategy has always been to sell a lot and buy a lot.
Sale and purchase agreements for buildings slump 56.6% to 7,348
The total consideration for sale and purchase agreements was only $40.8 billion in August .
Hotel lot at Sai Kung up for sale
Area 4, Lot No. 1950 in Demarcation District No. 221 at Sai Kung Town had been successfully triggered for sale under the Application List System and...
Minmetals Land profit surges 390% to HK$288mn
The company seeks to sustain 331% revenue growth via long-term and prudent development strategy.
China SCE in the red with RMB103mn loss
But the group’s seven month contract sales income surged 116% to RMB3.22bn.
Tender for South Bay Road site to open 23 September
The private residential lot has a site area of 1,338 square metres.
Hong Kong’s private residential rents shoot to 14-year high
Private residential rents averaged HK$20.1/sqft in June, the highest recorded since September 1997.
Home prices likely to fall further in China
This is amidst entry of new supply prior to the peak of the sales season.
Country Garden Holdings interim profit up over 62%
The real estate developer plans speeding up land acquisition.
Sha Tin lot sold for $5.5 B
A government lot in Sha Tin was sold for the opeing bid of $5.5 billion during the fourth land auction of the 2011-12 financial year.
China Vanke VP Yuan Boyin resigns
Yuan is the fourth senior executive this year that quit.
Home sales in local secondary market falls 23%
The drop over the weekend follows the decline in global stock prices.
Pre-sale consent applications for residential developments await approval
Twenty applications for pre-sale consent for uncompleted residential units and three applications for pre-sale consent for uncompleted commercial...
Buildings Dept steps up flat inspections
Flat owners and residents are advised to co-operate with the department to protect their own interests and public safety.
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