Commercial Property
HKMC to launch premium loan guarantee scheme
HKMC to launch premium loan guarantee scheme
Scheme will guarantee to banks of up to 70% combined loan-to-value threshold of the premium loan.
Sino Land profit up 63.3% to HK$6 billion
The 63.3% increase was in comparison with the HK$3.7 billion profit for the previous financial year.
Ede Road lot up for auction
The 2,808 square metre lot at 3 & 5 Ede Road in Kowloon Tong will be auctioned for a minimum guaranteed bid of $1.053 billion.
Wharf profit up 28% to HK$4.2bln
Growth attributed to rising retail rents as company among top investors' picks with more conservative portfolio.
Henderson profit down 37% to HK$1.32bln
Failed sales of 20 Hong Kong units pressure company to intensify sales in the second half.
China SCE profit up 110% to HK$701mln
Developer sees better growth as PRC economy rapidly develops and pace of urbanisation continues to accelerate.
Auction of 2 Kowloon sites may earn $6.25bln
Bidding to test developers' resolve after government has shown its determination to bring property prices down.
Government to implement more property measures
Measures to control potential risks in the property sector include increasing land supply and curbing speculative activities in the property market.
Government to impose stricter property data law
Among required information are agreements for sale and purchase date, units being sold, and transacted amount.
Swire Pacific profit soars to $14bln
Group confident that investments in its core businesses during economic downturn instrumental weathering future economic uncertainties.
Home prices to rise by 15% amidst shortages
City’s growing job market and increasing wealth help drive real estate demand while supply rises slowly.
Lot at The Peak sells for $10.4 billion
Market Prospect Limited buys the site area of about 23, 312 square metres designated for private residential purposes.
Sichuan projects set to deliver on schedule
Over half of the 151 reconstruction projects funded by the Hong Kong Government in Sichuan are underway. Chief Executive Donald Tsang said that half...
Mt. Nicholson Road site may be sold for HK$10.5 billion
The building site in the Peak district may be auctioned off by the government for approximately HK$10.5 billion ($1.35 billion) amidst demand for...
Minmetals Land and China partner buy $364.25mln plot
265,000 sq.m. land area acquired from auction in Hebei to be developed into a new-type Eco-community.
Hong Kong developers to capitalise on Guangdong redevelopment
China province’s real estate investment surged 32.2% to HK$131.36bln amid the hosting of Asian Games.
Site construction in Sai Wan deferred
Disagreements put the construction to halt.
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