Insights
Tag: first hand property
URA lowers entry barrier for Kwun Tong mega project
6 August 2014 - The Urban Renewal Authority will re-tender the Kwun Tong redevelopment project, the Kwun Tong Centre Project (Areas 2 and 3), scrapping the HK$8 billion entry fee but leaving unchanged the requirement to build 1,700 mid- to large-sized flats. It is expected that the bottom price will be adjusted and bidding interest from developers
339 Tai Hang Road to launch next Wednesday
31 July 2014 - The price list and details of sales arrangements for Lai Sun Development's (0488) “339 Tai Hang Road” in Happy Valley were released yesterday. The development is comprised of 9 luxury residential units, with prices starting from HK$58.5 million to HK$371.5 million. Buyers who choose the “Immediate Mortgage Payment” package will enj
73,000 flats to be available in the next few years, marking 8-year high
26 July 2014 - The Government has been actively launching residential sites in recent years. According to figures from the Transport and Housing Bureau, construction began on 12,300 private housing units during the first half of 2014. This is the highest figure since records began in 2004. The figures showed that 73,000 flats will be available in
Kerry Properties to launch 3 luxury home projects in the second half
24 July 2014 - Kerry Properties (00683) is planning to launch 3 luxury residential projects including No.1-3 Ede Road in Kowloon Tong, “No. 8 LASALLE” in Ho Man Tin and “Dragons Range” in Kau To, Sha Tin in the second half of the year. The three projects will provide a total of over 1,100 units. Th 56 units at “No. 8 LASALLE” will be placed on t
Kensington Hill to be put on sale in August
22 July 2014 - Wheelock Properties cashed in over HK$13.5 billion from real estate project sales in the first half of 2014, with revenue already exceeding the target set earlier for the whole year. After the launch of “GRAND AUSTIN” in Tsim Sha Tsui, Wheelock is planning to launch its Sai Ying Pun project “ Kensington Hill” in the second half. Whe
Authority criticizes Cheung Kong for not letting buyers view show flats
18 July 2014 - Cheung Kong yesterday released the price list of the first batch units of Mont Vert Phase 1 in Tai Po. The Sales of First-hand Residential Properties Authority found that the developer specified in the document of sale arrangements for its 260 first batch units that all of the registrants who will have submitted the Registration of
Twelve Peaks to open for tender
17 July 2014 - "TWELVE PEAKS" on the Peak developed by Sun Hung Kai Properties will open to the market for tender this Saturday (July 19). Sun Hung Kai Properties Deputy Managing Director Victor Lui Ting said that they will begin accepting bids and the show houses at the completed development will be open to buyers for visiting. The market believe
Kwun Tong redevelopment project receives four tenders, total investment may exceed HK$16 billion
15 July 2014 - Local newspapers reported that the mega Kwun Tong redevelopment project, Kung Tong Town Centre Project (Development Areas 2 & 3), received a fewer-than-expected four tenders. These included offers from Sun Hung Kai (0016), Wheelock (0020) and Henderson Land Development, and one unknown party. Surveyors are worried that the project c
Banks adjust Hong Kong property price forecasts, smaller decreases expected
12 July 2014 - JP Morgan and Bank of America Merrill Lynch have revised property price forecasts for the year. A decrease of 5% is now expected, comparing favourably against the respective 25-30% and 10% decreases previously predicted. This is a result of delayed US interest rate changes and a smaller than expected effect on secondary prices creat
Mini apartments of 177 sq.ft to be sold in Mont Vert development are smaller than some sub-divided flats
10 July 2014 - The selling price of units in "Mont Vert" Phase 1 in Tai Po, developed by Cheung Kong, will be disclosed next week alongside the number of first batch apartments and the intended launch date. Apple Daily reported that developer has already uploaded the e-brochure of " Mont Vert" Phase 1 on its official website and 4 show flats will
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